Penumbra "upper management" Reviews | Glassdoor

Penumbra Employee Reviews about "upper management"

Updated Dec 13, 2015

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3.3
58%
Recommend to a Friend
78%
Approve of CEO
Penumbra CEO Adam Elsesser  (no image)
Adam Elsesser
47 Ratings
Pros
  • "It's a great place to get your foot in the door in a manufacturing business(in 5 reviews)

  • "Innovative and rapidly growing company to work for(in 5 reviews)

Cons
  • "Demanding work environment, where recognition and advancement disproportionately go to those who know someone in upper management(in 4 reviews)

  • "There are tons of family members and connected friends that will get promotions before you(in 3 reviews)

More Pros and Cons

Reviews about "upper management"

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  1. Helpful (7)

    "Interesting & exciting place to work, but not without problems…"

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

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

    Pros

    Very fast-paced environment and interesting projects. Product quality is a priority, management is not reckless. Monthly “town-hall” style meetings, easy access to information internally. So long as you can provide an intelligent argument, anyone at any level can provide input & they WILL listen! Internal promotions are common (disclaimer: see below). Penumbra management does a great job letting employees know how their work impacts patients. As a result, employees feel a connection to the products and pride in the work & company achievements.

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    Cons

    Penumbra's compensation structure definitely needs improvement. Competitive starting salaries, but benefits are poor: no yearly bonuses, minimal stock options, no 401k matching and yearly raises are marginally above inflation. One plus: 3 weeks of PTO! Apparent favoritism when it comes to career advancement. Friends, family of upper management get suspiciously fast & frequent promotions. BUT, it is still possible for non-connected, high-performers with political smarts and initiative to succeed. Promotions include a better title & significant increase in responsibility for little increase in pay (could be different for employees with connections).

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    Advice to Management

    Take a look at benefits & retention policy or the most knowledgeable employees will eventually move on. You can't replace everyone with new grads.

    Penumbra2013-08-17
  2. Helpful (6)

    "Great experience, but..."

    StarStarStarStarStar
    Current Employee - Anonymous Employee 

    I have been working at Penumbra full-time

    Pros

    Lots to like about working in the engineering department at Penumbra: - Highly collaborative - Fast paced - Lots of smart, engaged people - Products make a difference

    Cons

    Demanding work environment, where recognition and advancement disproportionately go to those who know someone in upper management.

    Advice to Management

    Recognize people for their hard work if you want them to stay motivated.

    Penumbra2015-12-13
  3. Helpful (9)

    "Love the company, but depending on your department, you'll have a different experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Clinical Research Associate in Alameda, CA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Penumbra full-time for more than 3 years

    Pros

    Easy to work with everyone, open space so all departments can mingle on a regular basis, no one works alone, a lot of help within groups, given a lot of responsibilities right off the bat that you may not get at an entry level position, definitely get to work on many different things, work is constant and lots of variety, great for young out of college people, great experience and can work up the ladder quickly

    Cons

    Depending on the department, you're either respected or not. Extremely based on knowing someone within the company. Upper management is a bit biased and unrealistic expectations, will milk you for all that you're willing to give. Everyone gets along, but underlying hierarchy that no one talks about. Respect for the work you put in is sometimes not acknowledged. If you don't control and put your foot down, easily could work 24/7 and they wouldn't stop you. Sometimes no structure and upper management won't put their foot down. Lots of throwing people under the bus if not careful. You'll plateau at a certain point.

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    Advice to Management

    Please understand the limits of your employees without working them to the ground to the point where they become burnt out. Happy employees who are willing to stay long term are based on how upper management treats them and how willing they are to have your back.

    Penumbra2015-01-24
  4. Helpful (9)

    "Great place to work, but growth is hindered by favoritsm."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     in Alameda, CA
    Recommends

    I have been working at Penumbra

    Pros

    Company is quick on developing and releasing products for human use nationally and internationally. Manufacturing Engineering team is supportive of Production goals and needs.

    Cons

    Growth is subject to what other employees say about your performance. Also, management plays on favoritism and will create bright futures for those who have have ties to upper management.

    Penumbra2012-05-20
Found 4 reviews