Spectranetics Reviews | Glassdoor

Spectranetics Reviews

Updated February 22, 2017
39 reviews

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Current Employees

3.7
Star Star Star Star Star
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Spectranetics CEO Scott Drake
Scott Drake
28 Ratings

39 Employee Reviews

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Pros
  • The people are great (mid-level and lower) (in 7 reviews)

  • Opportunity to work on cutting edge products in live in family-friendly Colorado Springs (in 6 reviews)

Cons
  • Senior management demonstrates poor business acumen over prioritization of capital/expense funding outlays (in 5 reviews)

  • Organisation structure is flat so there is no upward mobility (in 3 reviews)

More Pros and Cons

  1. "Great place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Anonymous Contractor
    Current Contractor - Anonymous Contractor
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Spectranetics put the "teammates" (employees) first, they have a robust benefits package, and fair compensation packages.

    Cons

    Although, they do have a 401(K) matching program. They only match $ .50 for each dollar you contribute up to 6% of your salary

    Advice to Management

    Continue to make the teammates feel they are vital to the organization with rewards, recognition.


  2. Helpful (1)

    "Full Time employee"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Spectranetics full-time

    Pros

    The company is very flexable with persobal life

    Cons

    I cannot think of any downsides to working for spectranetics


  3. Helpful (1)

    "Quality Chemist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Fremont, CA
    Current Employee - Anonymous Employee in Fremont, CA

    I have been working at Spectranetics full-time (More than a year)

    Pros

    good place to work if you are just starting out

    Cons

    no recognition for workers especially temps

    Advice to Management

    better pay to workers


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (2)

    "Territory Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Midwest, WY
    Current Employee - Anonymous Employee in Midwest, WY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Spectranetics full-time

    Pros

    Great growth potential. Really good products. healthy pipeline

    Cons

    Large geographies. Lots of driving.

    Advice to Management

    Invest more into user friendly administration systems


  6. Helpful (1)

    "not that great"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Colorado Springs, CO
    Current Employee - Anonymous Employee in Colorado Springs, CO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Good people, decent benefits, medically useful technology

    Cons

    no employee development, no upward mobility

    Advice to Management

    The right hand doesn't know what the left hand is doing, and that prevents company (and employee) progress. Management needs to get their heads out of their backsides and pay attention to what is going on. Sales people aren't the only important part of the company, stop wasting money giving them freebies all the time, pay attention to the working people.


  7. Helpful (1)

    "Territory Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Territory Manager
    Current Employee - Territory Manager
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Spectranetics full-time (More than a year)

    Pros

    Great people and team environment... With a nice pipeline of products and technology.

    Cons

    Maybe in need of some stronger marketing and field headcount to fully capitalize on the awesome technology and products.


  8. Helpful (3)

    "Good company headed in right direction"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Marketing Specialist in Colorado Springs, CO
    Current Employee - Marketing Specialist in Colorado Springs, CO
    Recommends
    Positive Outlook

    I have been working at Spectranetics full-time (More than a year)

    Pros

    Scott Drake is an excellent leader. Hearing him speak with make you motivated for the company's future and plan. Other plus are good work life balance, and culture. Less stress than in years prior.

    Cons

    Constant changes in sales strategy. Rushed the AngioScore acquisition which created lots of turnover. Better now. Does not bonus hardworking employees enough, investments seem to go elsewhere. Systems used in company are in need of major upgrades.

    Advice to Management

    Need to create more advancement opportunities from within, promote those who have had success. Recognition in awards in nice, but salary raises, stock options, and career advancement would be much more appreciated !


  9. Helpful (1)

    "Very happy here"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Quality Engineer in Fremont, CA
    Current Employee - Quality Engineer in Fremont, CA
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Exciting technological platform, dedicated engineers, room for growth and development, great management

    Cons

    Only con for me so far is the commute, although still not too bad. Maybe lack of cafes within walking distance.


  10. Helpful (2)

    "Research and Development Engineer"

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

    Pros

    Awesome work environment and culture. Excellent people to work with. Stimulating material to work on. Very close-knit group. Senior leadership cares about all employees

    Cons

    The pay compensation and retirement packages are not comparable with the industry and location. Human resources department is understaffed to handle all needs of company.


  11. Helpful (1)

    "Great products...Great team"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Good atmosphere and culture.
    Great team.

    Cons

    Hiring process takes too long.
    Salary is lacking compared to bigger players.

    Advice to Management

    Find better way to reward teammates for their hard work. Cut down your salaries to increase non-executive salaries.



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