Novartis Pharmaceuticals - Great company, however don't expect to be compensated | Glassdoor
There are newer employer reviews for Novartis Pharmaceuticals
There are newer employer reviews for Novartis Pharmaceuticals

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Helpful (2)

"Great company, however don't expect to be compensated"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Engineering Associate in East Hanover, NJ
Current Employee - Engineering Associate in East Hanover, NJ
Recommends
No opinion of CEO

Pros

Company has a great repuation and supports the advancement of it's personnel. Benefits are pretty decent.

Cons

Monetary compensation isn't up to par. Starting salaries may be competitive to bring you into the company, however promotions are not readily attained, and annual raises amount to 3 - 4.5 percent, about enough to cover inflation.

Job continuum's for potential salary don't necessarily indicate where your salary will actually fall on the range. In order to work towards a significantly higher salary, it seems that you have to leave the company then get rehired at the appropriate salary band. Internal promotions don't necessarily mean you will earn the same as an external hire. "Pay for performance" is lip service.

Advice to Management

Promote from the inside and show them the same respect and compensation you would an external hire.

Other Employee Reviews for Novartis Pharmaceuticals

  1. Helpful (1)

    "Paralysis by Analysis"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate IT Director in East Hanover, NJ
    Current Employee - Associate IT Director in East Hanover, NJ
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Good benefits if you have a family. Also have good pension and medical that isn't very expensive. Global company that is doing well financially

    Cons

    Employees are not trusted or empowered. Hi level of constant review and approval before moving forward. Promotions are not based on accomplishments or meeting/exceeding objective. They are based on being "friends" with the right people. Company wastes a lot of money by over analysing and gaining approval from too many decision makers

    Advice to Management

    Reduce the processes and allow experienced employees to do their job. Also, don't bother with change initiatives if you're not going to follow through until complete


  2. Helpful (2)

    "Great people - senior leaders must learn to trust them."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in East Hanover, NJ
    Former Employee - Director in East Hanover, NJ
    No opinion of CEO

    Pros

    Great people work at Novartis. Passionate about healthcare, most of them sincere about making a difference. There are opportunities for career development for those willing to seek them out and stay on top of them, make them happen. Overall work/ life balance could be improved, but I always found Novartis to allow flexible scheduling for employees to tend to family matters.

    Cons

    From senior leaders on down, people are often reluctant to make a decision, to be accountable, to speak up for what they think is right, to stick their neck out. This starts at the top. Many people are promoted into leadership positions based on their technical / scientific expertise. Some of them are good leaders; however, more often, these technical experts are sorely lacking in leadership skills such as setting a vision, communicating to their people, forming and shaping teams, managing people development. Novartis like many large companies believes it can make up for these leadership deficiencies through "organizational development" -- i.e. teaching leaders to lead. That doesn't usually work. Hire and develop real leaders, and leave the technical experts in charge of technical aspects of the business.

    Advice to Management

    Dan - let your businesses run like global divisions and units -- hands off. Don't run the company like an international group of feudal lands run by Switzerland. ***TRUST*** your leaders and the people working in this good company.

There are newer employer reviews for Novartis Pharmaceuticals
There are newer employer reviews for Novartis Pharmaceuticals

See Most Recent

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