FivePrime Therapeutics Reviews | Glassdoor

FivePrime Therapeutics Reviews

Updated May 28, 2019

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Found 34 reviews

2.4
StarStarStarStarStar
Rating TrendsRating Trends
29%
Recommend to a Friend
55%
Approve of CEO
FivePrime Therapeutics CEO Aron Knickerbocker
Aron Knickerbocker
7 Ratings
  1. Featured Review

    "Great work environment, Patient-Focused and exciting development programs!"

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

    I have been working at FivePrime Therapeutics full-time for more than 5 years

    Pros

    I have to be very candid, I have worked at FivePrime >5 years and have been around many biotech and pharma companies for more than 20 years. FivePrime is an exciting, innovative place to work. We have a number of outstanding scientists, intelligent leaders and a very professional, compassionate senior management Team. Our CEO is extremely kind, transparent, and open for listening to great ideas. FivePrime is working...

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    Cons

    With any fast-growing biotech company, things are changing rapidly.

    Advice to Management

    Continue to listen to great ideas and support the talent.

    FivePrime Therapeutics2018-09-21

    FivePrime Therapeutics Response

    April 1, 2019Senior Director, Talent Acquisition

    Thank you for sharing your feedback. We will continue to listen to our employees and provide support to ensure they are happy.

  2. "Amazing Company with Promising Future"

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

    I worked at FivePrime Therapeutics full-time

    Pros

    The Five Prime team is made up of some of the most intelligent and passionate people I've ever had the pleasure of working with. They made me proud to be apart of the team. Their technology and platforms differentiate it from other biotech companies in the space, and they really let the science drive decisions. Their management team has a clear vision for the future and their confidence in the company is the kind of confidence...

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    Cons

    The company is going through a lot of changes and transitions (management, new offices, etc.), so there are some difficulties associated with those. There is a clear shift in culture/identity happening in the organization and the expected growing pains that come with that are somewhat inevitable.

    FivePrime Therapeutics2018-10-01
  3. Helpful (5)

    "Founder and CSO have abandoned ship after January lay-off"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in South San Francisco, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at FivePrime Therapeutics full-time for more than 5 years

    Pros

    Benefits still in tact, still a job

    Cons

    Sinking ship, the smart one have found a better job leaving behind......

    Advice to Management

    Get your hand out of the sand

    FivePrime Therapeutics2019-05-28
  4. "Nice people doing day-to-day work, doubt about upper management"

    StarStarStarStarStar
      Former Employee - Anonymous Employee 

      I worked at FivePrime Therapeutics full-time for less than a year

      Pros

      Colleagues and staff are professional, friendly, with good work ethics. Company has generous benefits, convenient location and a new building.

      Cons

      Have doubts about the decisions that upper management made

      FivePrime Therapeutics2019-01-26

      FivePrime Therapeutics Response

      April 1, 2019Senior Director, Talent Acquisition

      Thanks for sharing your perspective. We are committed to hiring top talent and providing a work environment and benefits that help our employees do their best work.

    • "Senior Director"

      StarStarStarStarStar
        Former Employee - Anonymous Employee 

        I worked at FivePrime Therapeutics full-time

        Pros

        Nice people working well together

        Cons

        Sometimes lack of transparency from leadership teams

        Advice to Management

        Stay focused and keep people motivated

        FivePrime Therapeutics2018-11-17
      • Helpful (4)

        "Bad and getting worse"

        StarStarStarStarStar
        • Work/Life Balance
        • Culture & Values
        • Career Opportunities
        • Compensation and Benefits
        • Senior Management
        Current Employee - Anonymous Employee in South San Francisco, CA
        Doesn't Recommend
        Negative Outlook
        Disapproves of CEO

        I have been working at FivePrime Therapeutics full-time for more than 3 years

        Pros

        The Cove at SSF has lots of other companies nearby. Foundry and Lux is a great networking opportunity.

        Cons

        Middle management is terrible; encourages CYA for everything. Watching people do everything possible to avoid blame and responsibility is daily occurrence. Collaboration is non-existent and it is actively discouraged. Knowledge and results completely compartmentalized. People are hired and promoted based on friendships and adherence to an absolute hierarchy, not on ability, results,accomplishments, teamwork, or scientific...

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        Advice to Management

        Clean House. Management is aware of all the problems, but is waiting for clinical results since all of the other problems will be meaningless with negative results (company will fail) or positive results (company will have cash and then will need to rebuild research, antibody engineering, pharmacology, PD, and clinical).

        FivePrime Therapeutics2018-10-05
      • Helpful (4)

        "Lost with No Direction"

        StarStarStarStarStar
        • Work/Life Balance
        • Culture & Values
        • Career Opportunities
        • Compensation and Benefits
        • Senior Management
        Current Employee - Anonymous Employee in South San Francisco, CA
        Doesn't Recommend
        Negative Outlook
        Disapproves of CEO

        I have been working at FivePrime Therapeutics full-time for more than 3 years

        Pros

        None unless you want to regress in your thinking and never question any decision, especially by people who have been at the company awhile.

        Cons

        The company cannot decide what it is or isn’t. People who have been at the company a long time do not want to evolve and obstruct progress. After 17 years - you’d think the company would have a product. After being there a day - you’d know why they don’t. They brought in good people that know how to execute but they are obstructed by a former ceo who can’t let go and a current executive team that can’t make sound decisions....

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        Advice to Management

        Resign. Being in people who know this industry. You made the culture toxic. Only way to save this company from the iceberg.

        FivePrime Therapeutics2018-09-11
      • Helpful (2)

        "Major Problems"

        StarStarStarStarStar
        • Work/Life Balance
        • Culture & Values
        • Career Opportunities
        • Compensation and Benefits
        • Senior Management
        Former Employee - Clinical Operations in South San Francisco, CA
        Doesn't Recommend
        Neutral Outlook
        No opinion of CEO

        I worked at FivePrime Therapeutics full-time for less than a year

        Pros

        There are talented and friendly people who work for the company. Folks come from different backgrounds, so diverse talent is a plus.

        Cons

        Extremely toxic environment. Micro management and toxic behaviors are not addressed by management. There is lack of collaboration happening between departments. Seems that the company is focused more with pleasing investors rather than the getting the best medicine to the patients as quickly and efficiently as possible. Some can get hung up on office politics and lose sight of the end goals.

        Advice to Management

        Follow up with raised concerns to prevent losing good talent. Enforce collaboration and keep Dept leaders focused on the end goals. Review company values with groups who obviously and desperately need serious realignment.

        FivePrime Therapeutics2018-08-26
      • Helpful (3)

        "Five Prime Therapeutics"

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

        I worked at FivePrime Therapeutics full-time

        Pros

        New office building with amenities and company sponsored Costco snacks for the kitchen. Employee luncheons once a month and occasional surprise treats from time to time. Lunch and learn symposiums to help broaden understanding of the various facets and teams of the company are helpful and informative. FPT tends to hire extremely intelligent people.

        Cons

        Toxic Environment and high turnover. The company lost ~20% of workforce just within 2018. Some information is disseminated only under the guise to motivate employees to work harder and can be perceived as superficially transparent. Middle management treats employees as expendable! If you are any position below a “Scientist,” you will be reminded of your “level” regularly. Research culture can be intense and 8+ hours...

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        Advice to Management

        The company is trying to change its outlook and culture, however it may be too late.

        FivePrime Therapeutics2018-08-16
      • Helpful (3)

        "TOXIC ENVIRONMENT"

        StarStarStarStarStar
        • Work/Life Balance
        • Culture & Values
        • Career Opportunities
        • Compensation and Benefits
        • Senior Management
        Current Employee - Anonymous Employee in South San Francisco, CA
        Doesn't Recommend
        Negative Outlook
        No opinion of CEO

        I have been working at FivePrime Therapeutics full-time for less than a year

        Pros

        New Office Building located in the Cove in South San Francisco, CA

        Cons

        It's the Peter Principal at Five Prime. Supervisors are not knowledgeable and will not listen to direct reports; Senior management included. No transparency.

        Advice to Management

        Need to "walk the talk". There is no open, honest communication nor transparency.

        FivePrime Therapeutics2018-06-25
      Found 34 reviews