Pros
Amgen has a great 401k plan (5% core + 5% match) and generous time off including 2 holiday shutdowns at 4th of July and Christmas as well as 2 weeks personal/sick time per year. Vacation time starts out at 3 weeks and goes up to 5 weeks by year 20. Vacation time can be rolled over up to a certain limit based on years of service. Personal/sick time is a use it or use it within a year and does not rollover to the next year.
Cons
The salaries appear to be lower when comparing to similar roles at other companies. The bonus and stock program used to make up for some of this but have reduced over the past few years and normalizing to target, which is 20% for Directors and 30% for Senior Directors. Merit increases are minimal and not on par with cost of living increases. Some years Director and above and other years Senior Directors and above have not gotten merit increase. There are limited career development paths including lateral movement especially for staff that are 45+ and have been there more than 12 years. The company has moved from being a nice biotech culture to a big pharma culture with more focus on the bottom line versus focus on people, science, and the products.
