Alkermes

www.alkermes.com
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Alkermes Reviews

Updated 20 January, 2015
Updated 20 January, 2015
22 Reviews
3.5
22 Reviews
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Alkermes Chairman, President, and CEO Richard F. Pops
Richard F. Pops
15 Ratings

Employee Reviews

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  1. 4 people found this helpful  

    Innovative R&D company that demands the best science and work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Scientist in Waltham, MA (US)
    Current Employee - Scientist in Waltham, MA (US)

    I have been working at Alkermes full-time (more than 5 years)

    Pros

    Alkermes tries (and successfully) does a lot with a small R&D team. Each person is a highly-valued member of their team and contributes significantly to each project and has a direct impact to that project's development. New ideas are usually welcomed if they are scientifically supported. The workforce is relatively young and makes for a more fun office environment. There are a good amount of managers that care about their direct reports' career development and overall work/life balance. Company does a good job of trying to celebrate achievements with employees and upper management seems to value and be open to questions and comments from the lower-level employees.

    Cons

    Because Alkermes supports so many projects with such a small R&D force, the workload can be at times, quite heavy, with more than several instances where vacation time has been suspended in order to meet project deadlines months before. Career development can be stymied or ground to a halt depending on the manager you have. Some are fantastic, others can be less than desirable.

    Advice to ManagementAdvice

    A stronger focus on career development and promoting existing workers across all departments, not just a few departments would do much to help retain some talent that has been lost over the years. Increased support/funding for additional R&D positions would help return the workload to a more manageable scale for the majority of employees, as people tend to burn out and look for other opportunities, despite having respect for managers, the company and their work. Some departments/managers are fantastic, while others leave much to be desired and seem like a completely different company with less than ideal values.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Good company in many ways, but consider very carefully whether you will fit in...

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

    I worked at Alkermes

    Pros

    Alkermes R&D has an exceptional team of talented scientists, lead by a senior management team that is very strong scientifically. Salary and benefits are excellent.

    Cons

    Alkermes has a top-down command-and-control culture, with too much micromanagement and not enough empowerment/trust. Individuals who question the status quo or do not instantly align themselves 100% with the prevailing senior management position are quickly marginalized (or worse), even when they have valid reasons for taking an alternative view and have the best interests of the company at heart. Such individuals have no hope of rehabilitation. For middle management roles in R&D, political adeptness is far more important for career success than scientific/technical/managerial ability.

    Advice to ManagementAdvice

    Value middle management more, listen to their opinions and lever their experience/expertise. Give them realistic objectives, empower and trust them to deliver, and they will produce ever greater success for the company.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 2 people found this helpful  

    Staffing not keeping up with growth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Alkermes

    Pros

    Great benefits, great pipeline, flexible hours/WFH

    Cons

    no focus on personal growth, no onboarding, not enough headcount to account for recent growth resulting in untenable timelines

    Advice to ManagementAdvice

    Consider acquiring a small company so that we have the staff to complete all the work!

    Approves of CEO
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  5. 3 people found this helpful  

    Great Experience, just waiting to be a full-time employee.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Alkermes

    Pros

    Beautiful work environment, great co-workers, and excellent benefits.

    Cons

    Company is hesitant to hire someone without the necessary experience, although they are over qualified.

    Advice to ManagementAdvice

    Just a little more chance for advancement and pay raises for younger workers who deserve it.

  6. 2 people found this helpful  

    IT Project Manager

    • Comp & Benefits
    • Work/Life Balance
    • Career Opportunities
    Current Employee - Anonymous
    Current Employee - Anonymous

    I have been working at Alkermes

    Pros

    Small co
    Great leadership
    Lotsa fun perks
    Volunteering in community days.

    Cons

    Some lack of direction of business units made supporting their IT needs difficult.

    Recommends
    Approves of CEO
  7. 4 people found this helpful  

    Tremendous colleagues & good benefits

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

    I worked at Alkermes full-time (more than 3 years)

    Pros

    Compensation is above average and despite being over 300 employees on site still has company outing & Christmas party each year.. The scientists are very talented. Company's aggressive approach has been rewarded with the stock nearly tripling over the last three years. Enocourags personal growth and provides the opportunities readily & frequently.

    Cons

    Highly political environment. It is critical for your career and possible employment status to align yourself with key managers and personnel. Once out of favor nothing will restore your "good" status. Emotional Intelligence is much more important than technical skill to do well. Company has become very compartmentalized.

    Advice to ManagementAdvice

    Rewarding only the politically savvy at the expense of losing highly talented technical staff will not allow the company to sustain its highly successful approach it has used to date. The compartmentalization of functions & departments currently occurring is leading to silos and will erode overall effectiveness of the US sites.

    Recommends
    Neutral Outlook
    Approves of CEO
  8. 2 people found this helpful  

    Alkermes

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

    I worked at Alkermes

    Pros

    Good compensation, 401k matching is very generous.

    Cons

    If you're in, you're in. If you are out, your are out. Just like High School.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  9.  

    Good company for an intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Anonymous Intern in Waltham, MA (US)
    Former Intern - Anonymous Intern in Waltham, MA (US)

    I worked at Alkermes as an intern (less than a year)

    Pros

    Good science, friendly people, casual working atmosphere, nice and clean facility.

    Cons

    Not there long enough to tell.

    Advice to ManagementAdvice

    Not there long enough to tell.

    Recommends
    Neutral Outlook
    Approves of CEO
  10. 2 people found this helpful  

    Consistent infighting and fingerpointing

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

    I worked at Alkermes

    Pros

    product line is in growth phase

    Cons

    Commercial team distracted by individual performance not corporate achievement

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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