Alkermes Reviews | Glassdoor

Alkermes Reviews

Updated April 10, 2017
64 reviews

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64 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)

  • Still making transition from R&D organization to commercial one (in 3 reviews)

More Pros and Cons

  1. Helpful (1)

    "It's what you make of it...."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Territory Business Manager in Waltham, MA
    Former Employee - Territory Business Manager in Waltham, MA
    Positive Outlook
    Approves of CEO

    I worked at Alkermes full-time

    Pros

    High pay, fulfilling work. You know you are making a difference in patients' lives.

    Cons

    No support from management--no training, very little interaction with coworkers, no sharing of best practices, and the same goes for managers so bad ones don't get better. Touchpoints is terrible--salespeople have to monitor them constantly or orders slip through the cracks!

    Advice to Management

    Just because you hire seasoned sales people doesn't mean you don't need to train them! There needs to be structure, templates for expected duties and someone modeling best practices...there needs to be more sharing of ideas and strategies.


  2. Helpful (3)

    "Working at Alkermes is winning the science jackpot"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in Waltham, MA
    Current Employee - Director in Waltham, MA
    Recommends
    Positive Outlook

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

    Pros

    Premiere pipeline that matters to every aspect of society: mental health, addiction, depression, etc.... As a scientist, having the opportunity to interact directly with the patients we work for is life changing and the science is beyond fun. With our continued success, I believe that we will someday look back and realize that what this relatively small organization accomplished was unprecedented in Pharma. If your motivation equation is heavily weighted towards people, pipeline and purpose, this will be the ride of a lifetime!

    Cons

    If you don't enjoy organized chaos, Alkermes may be a tough place to work. Like every organization in the world, there are pockets of people that do not perform to a high standard and perhaps there are pockets where mediocrity is tolerated. Our goal at Alkermes is to have high turnover in these areas and for 6 years I have seen Alkermes put in the effort to make progress, albeit more slow than some may like but ALWAYS with the desire to do the right thing.

    Advice to Management

    As the organization and the pipeline grows, our management will have to more actively prioritize our pipeline. In other words, balance the portfolio of projects which are seemingly all in the important and urgent bucket.


  3. "Process of acquisition landed me at Alkermes."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Anonymous Employee in Atlanta, GA
    Former Employee - Anonymous Employee in Atlanta, GA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Alkermes (Less than a year)

    Pros

    Remained at company at same level as entered.

    Cons

    Was not recognized for work on "old" products.


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  5. "Fast paced programming team"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - SAS Programmer II in Waltham, MA
    Former Employee - SAS Programmer II in Waltham, MA
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Alkermes full-time (Less than a year)

    Pros

    Free beverages (coffee & hot chocolate), great cafeteria, nice people in the cafeteria, receive 30% discounts dinning at cafeteria, nice gym inside of building, close to BSC, nice pond near office, walking trails around the pond and in the woods

    Cons

    Overlapped timeline, lack of project level leadership, awful commute, no weekly WFH day, no stock bonus below certain level, relative new programming team and even the whole biometrics team


  6. Helpful (5)

    "Okay Place to work"

    Star Star Star Star Star
    • 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

    I worked at Alkermes full-time (More than 3 years)

    Pros

    Great Benefits,
    Okay pay
    Some brilliant scientist
    Great location (out of the city)

    Cons

    High turn over rate. Average stay 2 Years
    Too much politics
    Some people are way too aggressive


  7. "On the upslope of growth"

    Star Star Star Star Star
    • 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


  8. Helpful (11)

    "Growing biotech; good potential, bad behavior"

    Star Star Star Star Star
    • 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
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at Alkermes (More than a year)

    Pros

    Alkermes is a small, but growing, biotech with a fair product pipeline. Compensation and benefits are good, flex time (department dependent) is great, co-workers are solid. Science is respected, and you will have plenty of opportunities to develop business agility during your time there.

    Cons

    Hang on for a foot stompin’ good time! Oh, wait, no; that’s just someone in the MI wing throwing a temper tantrum. For as much potential as Alkermes possesses, it’s unclear whether it will ever successfully actualize it, or whether internal politics will continue to undermine the company. Individuals who are abusive towards colleagues and staff should be exited from the organization, not retained or rewarded. Senior management, by way of their complacency, has cultivated an environment steeped in disrespect and the Peter Principle, which has caused many talented, collaborative individuals to take their skills elsewhere.

    Advice to Management

    Employees (at all levels) need career development pathways made available to them. That, and sensible, merit-driven promotions would aid substantially in talent retention. Consider the mid-level leaders who are representing you, and the message that their behavior sends – some directors/departments are a joy to work with, others act like schoolyard bullies and leave much to be desired. Pay attention to lower levels within your organization; they have the capacity to add a great deal, but often go unheard and fear management retaliation.


  9. "Sales Operations"

    Star Star Star Star Star
    • 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 a year)

    Pros

    Good bennies, huge potential for future growth. Company up and coming.

    Cons

    Boom or bust type of company. Lacks great leadership.

    Advice to Management

    Need to find leaders who know how to lead better.


  10. Helpful (8)

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

    Star Star Star Star Star
    • 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.


  11. Helpful (2)

    "Engineer I"

    Star Star Star Star Star
    • 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
    Neutral Outlook
    Approves of CEO

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

    Pros

    Very clean Pharma facility. Aggressive CAPX budgets, always a plus for project engineers. Quality driven.

    Cons

    Too much inter-office dating at every level in the company. It made for a really weird working environment. The corporate office was also out of touch with the needs and operations of the manufacturing plants.


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