There is such a thing as being too frugal... - Management Meditech Employee Review

2.0
Feb 1, 2022
Recommend
CEO approval
Business Outlook

Pros

Good co-workers, direct management, work/life balance, health insurance

Cons

Where to start.... When I was hired, the benefits were: health insurance only 10% of the cost was the responsibility was on the staff, a great bonus every year, a company picnic, holiday party, all federal holidays off (which helps with families), availability to buy stock after 3 years of employment, etc, etc, etc... The pay is so very low compared to the industry, and raises for quite a few years barely covered inflation. Additionally be prepared to find out two years after you have worked here with small raises that new hires are starting out making more than you are currently making. The bonus percent has gone down significantly. We were always told to count our bonus as our pay. During my time there they took half the bonus and put it into our salaries to help bring salaries up, then 8 months later it was announced that we would be responsible for 15% of the health insurance cost(I get it, health insurance rates have been increasing astronomically for years). Coincidentally the half they took from our bonus and put in our salary covered that health insurance cost increase. Since then the bonus has decreased substantially each year. Recently, more than half of the holidays were removed and reallocated to an accrued PTO balance, however the max accrual is so low some are starting to lose their PTO time. I understand they don't want to pay out more PTO time if someone leaves the company, but it is at the cost of employees who aren't leaving. Some don't mind the PTO changes, however certain groups now have to battle their co workers for days off so there is coverage. My guess is the PTO change was to help with coverage on holidays and decrease the cost of paying staff holiday coverage rates. With the salary freeze last year, low raises the last few years, reduced bonuses, increase health insurance costs, and inflation, I had been taking a pay cut for years. A few months ago they told employees they were going to see great raises to help increase salaries. What was actually given didn't even cover inflation, additional costs, or the pay freeze. The good employees are leaving for better jobs that pay more and are full remote and have better benefits. It seems that the only reason staff are being required to return to the office is for corporate tax purposes and lack of employee trust. Meditech is in a position to adopt the trending corporate culture and offer full remote, but instead they are going backwards. The new CEO, who is not being ignorant about the trending industry cultural changes, she seems to want to control and micromanage based on her sole vision of what employees should do. Other things to note: -No HR, there are two Ombudsman (who seem unapproachable) for over 3,000 staff. With no HR, lower level management seems fearful of accommodating certain staff because everything is tracked and they would get reprimanded. -While the profit sharing is generous, its not growing like a 401k would. I see the benefit of a profit sharing, but maybe it benefits the company more. While they did finally offer a 401k, there is no matching. -Staff are no longer able to purchase stock, they bought back the majority of the small owned stock and now only the top people/most tenured have stock and benefit from the dividends. -Pay was monthly, they recently had to offer bi-weekly pay to meet state mandates. -We are a software company and our hardware/ pc's are a joke, but the buildings, furniture and art are super nice. -Proprietary languages -They don't fire lazy or horrible employees, they will demote or move them around. -Staff who travel get burnt out fast -Time tracking, micromanagement -If you get a promotion you don't get a raise -They don't do early raises for performing employees -Staff are usually only promoted when they reach their salary cap -No room for growth

Explore other reviews about Meditech

5.0
Nov 23, 2025
Recommend
CEO approval
Business Outlook

Pros

Pretty good environment to work in

Cons

A lot of travel which is both good and bad

2.0
Jul 12, 2026
Recommend
CEO approval
Business Outlook

Pros

MEDITECH is surviving, which wasn't a certainty ten years ago. Considering the low starting salaries for greater Boston, the company tends to be less selective in who they hire compared to other employers. Even with the effect that AI is having on tech hiring.

Cons

The market was MEDITECH's to lose, and they lost it. Without HCA as a customer MEDITECH would be finished. Considerations for job applicants such as inclusiveness and work/life balance are largely irrelevant, as the company's long-term prospects for success are doubtful. MaaS subscriptions don't bring in enough money to make up for the business that was lost to market leader Epic Systems. I am a MEDITECH shareholder, so I see the financial reports. Although I'm pleased that dividends continue to be paid, they are draining the company of badly needed cash to fund a turnaround.

4
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