Alkermes Reviews | Glassdoor

Alkermes Reviews

Updated October 2, 2017
76 reviews

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3.5
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Alkermes Chairman, President, and CEO Richard F. Pops
Richard F. Pops
44 Ratings

76 Employee Reviews

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Pros
Cons
  • There is room for growth but it almost seems like there is a high turnover rate (in 3 reviews)

  • Middle management has a lack of respect for employees and does not provide clear objectives or clear strategies to meet performance goals (in 3 reviews)

More Pros and Cons

  1. "Luck of the draw with management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Research Associate in Waltham, MA
    Current Employee - Senior Research Associate in Waltham, MA
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Alkermes full-time (More than 3 years)

    Pros

    Everyone who works here is very nice, the benefits package is very attractive, you will definitely get a lot of experience in the R&D departments

    Cons

    Every project is always in a time crunch, there are some less experienced managers who aren't exactly ready to be taking on direct reports, base pay is below industry level


  2. "Great company"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Alkermes full-time

    Pros

    Hard working people, plenty of opportunity

    Cons

    work life balance is a challenge

  3. "Excellent Work Environment!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Alkermes full-time

    Pros

    - Generous time off for employees
       - 3 weeks paid vacation
       - 5 sick days
       - 3 personal days
       - Generous company holidays- Entire 4th of July week is a guaranteed company holiday

    - Competitive Pay

    - Great Benefits: insurance, monthly massages, wellness programs, events, cafeteria in facility, catered food events (holidays, seasonal), etc.

    Cons

    - Limited Growth
    -Communication between management, departments, and associates can be improved.


  4. "Alkermes Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Approves of CEO

    I worked at Alkermes full-time

    Pros

    Many good passionate people, commitment to CNS space and to fighting addiction

    Cons

    Culture not supporting innovation, people in some functions are overworked while at others underutilized


  5. "A good company with some flaws"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Waltham, MA
    Current Employee - Anonymous Employee in Waltham, MA
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at Alkermes full-time

    Pros

    Great leadership at top levels, passionate people, patient focused, very driven and determined to improve people's lives. Alkermes has a great CEO who seems very genuine and honest with. He does a good job of addressing issues, motivating and communicating with all employees on the mission and goals of the company.

    The company is full of many good people who work hard and believe in what they are doing.

    The company also treats their employees well with a strong benefit package and has a good work life balance.

    Cons

    The location is terrible, many people drive over an hour each way. The company seems reluctant to become more modernized and adopt telecommuting.

    There is no real career path for you, what you get hired as is more than likely what you will be stuck at. There is no real development or career path. Its a place where you just hope someone above you quits or retires in hopes of moving forward with your career.

    Although senior leadership is great, once you get to mid-level there is a lot politics and bureaucracy. This pretty much halts any collaboration and new ideas as there are too many chefs in the kitchen who want to put their 2 cents on even the most minute changes.

    The raise seems standardized by department, meaning its a flat rate or cap. It does not really reward you based on what you have done, more so on what number they pre-determine for your department.

    Advice to Management

    Reward the good people you have, or they will move on. Be more progressive on telecommuting, more companies do this now for a reason. Keep doing a great job on the communication, and values.


  6. "Great company, little growth opportunities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Waltham, MA
    Current Employee - Anonymous Employee in Waltham, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Alkermes full-time (More than 3 years)

    Pros

    Alkermes is a great place to work. Everyone is willing to help out and work together to get various tasks done.

    Cons

    There is no room for growth at the company. Management has been with the company for upwards of 15 years. The departments are very flat so there is no room for growth unless you change departments or leave the company.

    Advice to Management

    Re-evaluate the leveling of positions. Good people are leaving because there are no career growth opportunities within the company.


  7. "Great company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Very competitive compensation. Valued employees

    Cons

    Not too many opportunities for contract workers to become permanent employees

  8. "Great culture, vision, and benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Supervisor
    Current Employee - Supervisor
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Alkermes full-time (Less than a year)

    Pros

    Positive work environment. Rapid growth.

    Cons

    Training is still a work in progress.


  9. "Good company but horrible quality management at the plant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Alkermes full-time

    Pros

    Benefits, non management people, Science

    Cons

    Management especially Quality at Wilmington, Politics, Clique, Directors at Wilmington

    Advice to Management

    Change all the Quality (QA/QC) directors at Wilmington, Hire new development scientists, provide career opportunities


  10. Helpful (1)

    "soul extracting"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Wilmington, OH
    Former Employee - Anonymous Employee in Wilmington, OH
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Alkermes full-time (More than 8 years)

    Pros

    compensation, benefits, options, bonus, investment. They will show you the money

    Cons

    But, like many such deals, there is a downside, you will pay


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