Alkermes Reviews | Glassdoor

Alkermes Reviews

Updated July 16, 2017
26 reviews

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4.0
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Alkermes Chairman, President, and CEO Richard F. Pops
Richard F. Pops
17 Ratings

26 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. "Good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Quality Assurance in Wilmington, OH
    Current Contractor - Quality Assurance in Wilmington, OH
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Alkermes as a contractor (Less than a year)

    Pros

    People are nice . Cafeteria is amazing . Flexible. Great benefits for the full time employees . Potential for career growth

    Cons

    The cons at this job are just like any cons at any other job . Some say there's politics . Others say training could be much better in some departments .

    Advice to Management

    Emphasize on training and eat people working as soon as possible instead of waiting for months reading SOPs


  2. Helpful (4)

    "Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Representative in Chicago, IL
    Former Employee - Sales Representative in Chicago, IL
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Salary and comp pkg was great

    Cons

    Promise autonomy but never delivered..highly micro managed

    Advice to Management

    Allow your reps to be themselves and succeed..

  3. "Growing Pharma"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Waltham, MA
    Current Employee - Anonymous Employee in Waltham, MA
    Recommends
    Neutral Outlook

    I have been working at Alkermes full-time (More than 10 years)

    Pros

    Good culture, strong growth potential. Aggressive drug development with strong scientific rationale. Good benefits and a compensation. Passion for developing drugs in areas of unmet need.

    Cons

    Limited career growth and mentoring in some of the smaller groups. Promoting from within does not appear to be preferred. Equity options have diminished for all but the senior organization.

    Advice to Management

    The organization needs growth at the bench. Some staff are significantly overworked. Drug development efforts and timelines are constantly challenged with the potential risk of failing later stage clinical trials due to lack of early diligence.


  4. "Research Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Research Associate in Cincinnati, OH
    Current Employee - Research Associate in Cincinnati, OH
    Recommends
    Positive Outlook

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

    Pros

    Excellent benefits beyond medical, dental, vision, etc. The company cares for its employees and makes sure that everyone feels apart of the vision. Realistic deadlines and expectations.

    Cons

    Hard to tell where and how to move up the "corporate ladder".

    Advice to Management

    Continue to care for direct reports with respect.


  5. "On the upslope of growth"

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

    I have been working at Alkermes full-time (More than 5 years)

    Pros

    Alkermes is a great sized company that provides the flexibility and individual value of each employee while having the resources to support initiatives and programs.

    Cons

    As a small biotech there are limited career growth opportunities in the short term, but future growth should afford significant career advancement options


  6. Helpful (8)

    "Innovative R&D company that demands the best science and work"

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

    I have been working at Alkermes full-time (More than 5 years)

    Pros

    Alkermes tries (and successfully) does a lot with a small R&D team. Each person is a highly-valued member of their team and contributes significantly to each project and has a direct impact to that project's development. New ideas are usually welcomed if they are scientifically supported. The workforce is relatively young and makes for a more fun office environment. There are a good amount of managers that care about their direct reports' career development and overall work/life balance. Company does a good job of trying to celebrate achievements with employees and upper management seems to value and be open to questions and comments from the lower-level employees.

    Cons

    Because Alkermes supports so many projects with such a small R&D force, the workload can be at times, quite heavy, with more than several instances where vacation time has been suspended in order to meet project deadlines months before. Career development can be stymied or ground to a halt depending on the manager you have. Some are fantastic, others can be less than desirable.

    Advice to Management

    A stronger focus on career development and promoting existing workers across all departments, not just a few departments would do much to help retain some talent that has been lost over the years. Increased support/funding for additional R&D positions would help return the workload to a more manageable scale for the majority of employees, as people tend to burn out and look for other opportunities, despite having respect for managers, the company and their work. Some departments/managers are fantastic, while others leave much to be desired and seem like a completely different company with less than ideal values.


  7. "Good company for an intern"

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

    I worked at Alkermes as an intern (Less than a year)

    Pros

    Good science, friendly people, casual working atmosphere, nice and clean facility.

    Cons

    Not there long enough to tell.

    Advice to Management

    Not there long enough to tell.

  8. Helpful (3)

    "Great company, solid pipeline, lots of room for growth"

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

    I worked at Alkermes full-time (More than 5 years)

    Pros

    The company offers flexible work arrangements, room for growth, a highly collaborative atmosphere, a solid pipeline, and an approach rooted in science but run for a long term profit.

    Cons

    It's not always clear how the different parts of the company can work together given the different cultures at the different locations.

    Advice to Management

    Improve vertical communication among layers.


  9. Helpful (3)

    "Chance to make an impact."

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

    I have been working at Alkermes full-time (More than 5 years)

    Pros

    Data driven. Results oriented. Technical challenges abound. Input is valued.

    Cons

    More QA than one would expect.

    Advice to Management

    Stay aggressive with development programs. Keep a handle on the Quality Systems, but watch for trival wasted efforts that don't add value.


  10. Helpful (3)

    "Solid workplace"

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

    I have been working at Alkermes full-time (More than 5 years)

    Pros

    Great workplace, very supportive of family and life balancing. Solid benefits and competitive salary. Friendly people. Small pharmaceutical culture/atmosphere

    Cons

    The merger with Elan is taking time to balance the corporate cultures. Turnover trends low which can limit opportunity as growth is slow.


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