Spectranetics Reviews | Glassdoor

Find your next job here

Spectranetics Reviews

Updated August 29, 2017
16 reviews

Filter

Filter


2.0
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Spectranetics CEO Scott Drake
Scott Drake
9 Ratings

16 Employee Reviews

Sort: PopularRatingDate

Pros
  • Good direction, good products, and good people (in 4 reviews)

  • Great team and a fast paced environment (in 3 reviews)

Cons
  • Senior management demonstrates poor business acumen over prioritization of capital/expense funding outlays (in 6 reviews)

  • the clicks w management and senior leadership is so obvious to everyone (in 4 reviews)

More Pros and Cons

  1. "Horizontal Structure"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Spectranetics full-time

    Pros

    Good teams who like to launch new projects

    Cons

    Horizontal structure, individuals must promote themselves. Limited movement up the career ladder


  2. Helpful (3)

    "Company Culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Engineer in Fremont, CA
    Former Employee - Engineer in Fremont, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Spectranetics (More than a year)

    Pros

    over communication below management level

    Cons

    senior management does not communicate down

    Advice to Management

    Talk to employees

  3. Helpful (7)

    "Not so hot..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Quality Engineer in Fremont, CA
    Former Employee - Quality Engineer in Fremont, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Great compensation, Spots of friendly co-workers

    Cons

    On the job training is non-existent. No employee development, No upward mobility, FDA warning letter, Co-workers will highlight any issues found and report it immediately to management instead of working as a team to confront issues.

    Advice to Management

    On the job training is almost non-existent. The training I received when asked for help from co-workers was "read the procedure". The culture and values seem to be leaning towards everyone for themselves. Team work can be found in spots of the company, but overall it seems to be about pointing the finger or passing it off to someone else.

    Expect to be dropped into an environment where you have absolutely no training (even though you have years of experience in this field). Then you try your best to figure out what is expected by being told "no, you are doing it wrong." and "this isn't good enough." Culture values at Spectranetics are:
     Innovate, Serve, Win, Own it, Right things, right now, Together, and Humility.

    Humility- "We value each teammate, we listen, we care" (#1 neglected value)


  4. Helpful (6)

    "not necessary"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    family environment, talented employees, hard working, great products

    Cons

    it's so sad. so much potential but they've lost their mojo from a culture perspective. the clicks w management and senior leadership is so obvious to everyone. if you are not in the circle you have a target on your back. people are living in fear but still working their tails off. hope it changes

    Advice to Management

    reset. get back to the basics. get rid of nepotism. take out people who are not lifting others up. the orientation should be to give, give, give and trust you will get, get, get in return. get back to the basics of hiring, developing, empowering and unleashing people to execute on opportunities. you will need this for stellarex success.


  5. Helpful (6)

    "sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Great technology, good team of field sales people. mid-level management (field) hardworking. Great solutions for complex disease.

    Cons

    it is hypocritical and do as i say not as I do. Values are preached but not lived. Upward mobility is almost impossible internally. Diversity and nepotism seem to be the buzz words.

    Advice to Management

    take off the blinders and look in the mirror.


  6. Helpful (6)

    "Old Technology Laser"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Acquired ANGIOSCORE and other companies......Pays top performers.......working on showing growth. Many feel they want to be purchased by Large company for plaque modification in Era of BVD Stent platform.

    Cons

    Stocks are down, management turnover, high stress fire drill management style.......high Rep turnover. .....many feel looking to be aquired......many of top reps left when purchased ANGIOSCORE. Laser is 25 year Old Technology.


  7. Helpful (8)

    "Ask lot's of questions and write them down, CYA!"

    StarStarStarStarStar
    • 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
    Negative Outlook
    Disapproves of CEO

    Pros

    Spectranetics has really great R&D, to me it's about saving lives. I am coming up on three years, that's why I stay

    Cons

    HR just pays lip service, some days it can be heard in the parking lot. The last few years have been nothing but hot air. My main concern is the earnings over reported. We have lost half of our stock price. Continual talk of ethical business, the truth will come out in the end.I love my team mates, well at least the one's who aren't busy sucking up. Not what it used to be!

    Advice to Management

    Quit playing God you're making it off of our backs, just remember greediness is met with justice.

  8. Helpful (11)

    "Leadership: A Satire"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manufacturing Engineer in Colorado Springs, CO
    Former Employee - Manufacturing Engineer in Colorado Springs, CO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Overall, a notably talented workforce.
    Better than average benefits. I'd grade it as a B- or B.
    Good access to tools & technology. Decent laboratories, great machine shop, usually willing to invest in the right equipment provided it doesn't cost an arm. That last point isn't always true, but more often than not.

    Cons

    The politics happening at the upper-most levels of the company is mind-boggling. The subsequent drama trickles downwards and results in corporate inefficiency. Doing the right thing often takes a back seat to bonuses for the executives. As the politics flourish, so do the problems; they were hit with ten 483's just last week after fulfilling several years of a Corporate Integrity Agreement with the FDA within the past couple years.

    Advice to Management

    Have each member of the Senior Leadership Team take a personality test for narcissism. The ten individuals who rate as the most narcissistic should find a replacement by promoting internally. It'll be a win financially and a win for morale!


  9. Helpful (6)

    "It's okay if you are good at politicing"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Manager
    Current Employee - Product Manager
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    SOME of the people are great and the technology and pipeline is good

    Cons

    Way to political, lots of management games, the leadership gets in their own way.


  10. Helpful (9)

    "Consistent promises with no action."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Colorado Springs, CO
    Former Employee - Manager in Colorado Springs, CO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Products may be old but they serve a purpose in the medical field and are needed.

    Good teams assembled with knowledgeable personnel to be located in Colorado Springs of all places.

    Not too far from Denver.

    Cons

    Senior Management and promises. During the interview process I was shown where my desk would be- nice, small office. The first day I was shown to my cubicle. Next, I was told consistently I would be managing a small team, never materialized.

    Corporate has a rule that 50% of management has to be female.

    401k match is not up to industry standards.

    No paternal time off for new fathers.

    1 year hold on stock that the employee purchases with their own money.

    Advice to Management

    I would recommend that you only make promises that can be kept. Invest heavily in R&D. Listen to the employees more as there are great ideas by lower level employees. Change the 401k match and give new fathers time off.


Showing 16 of 87 reviews
Reset Filters