Not competitive for 50hrs/wk - Anonymous employee Formulatrix Employee Review
2.0
Sep 25, 2018
Anonymous employee
Current employee, more than 1 year
Recommend
CEO approval
Business outlook
Pros
-No bad co-workers, most everyone is competent.
-Easy to move around in the company.
Cons
-Low pay for 50 hour (minimum) weeks.
-Mediocre benefits.
-Can't hire people to replace those that leave, much less continue growing.
-Profit sharing is a joke.
Formulatrix Response
7y
Thank you for your feedback. We recently sold a product line for $260M and will pay it out as profit sharing to our employees. Current (and many former) employees have been very well compensated for their extra effort. At FORMULATRIX, we’re all working hard towards similar transactions/employee payouts in the future.
- Very cool products and cutting edge R&D and tech.
- Life sciences is a great market
- you're helping those that help find cures.
- Biotech/Pharma have money, and are willing to spend on the best products.
Cons
Global company, with various offices in different time zones. Occasional early or late meetings.
5.0
Mar 28, 2025
Anonymous employee
Current employee, less than 1 year
Recommend
CEO approval
Business outlook
Pros
- Fosters relationships between disciplines
- Workplace is neat and tidy
- Supervisors are helpful in identifying areas of growth and fostering said growth