Genentech reviews

3.9

74% would recommend to a friend

(553 total reviews)
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Ashley Magargee

83% approve of CEO

55% positive business outlook

Reviews by job title

553 reviews

Reviews about "Compensation"

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3.0
Mar 22, 2018
Recommend
CEO approval
Business Outlook

Pros

Steady reliable paycheck.... if you don't get laid off! Jobs are super-specialized. Its an assembly line. If you want to be an expert in something, its a pro. Most (not all) groups have good work-life balance. Good benefits - generous 401K match, good childcare, stock options, fertility benefits including egg freezing etc. Flexibility in work hours. Work from home options, remote work locations. Open working environments - desks are first come first serve, no assigned seating, office etc. Lots of resources for approved projects.

Cons

Jobs are super-specialized. Its an assembly line. If you want to variety, innovation, exciting, new, different things to do - it may not happen... Medical benefits are not as good as many companies. If you have $35 copay for 12 physical therapy visits that adds up to 420 - not cheap! Once you put your child in their daycare, you are stuck. The thought of finding another childcare is daunting! Daycare is open 6.30 am - 6.30 pm so you will end up spending unhealthy amounts of time at work. Infant care teachers are constantly leaving. Teachers quality is spotty. But your child is familiar with the center and comfortable - why disrupt that!!! 401K matching and bonus are in late March so you are stuck there till then. Stock options vest every quarter - how deep can those hooks go! They make it hard to leave. They give us flexibility because they have too. Most days meetings will start at 7 am (working with Europe). You may have meetings with Singapore, Shanghai. So you might be working at 7am, 7 pm, 11 pm ! Open working environments - no walls, no sound or visual privacy. Can be very stressful for extroverts also. Hard to find people. Compa Ratios are low. Hierarchical Favoritism by some managers

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Genentech Response
8y
Thank you for leaving us a review. Our mission to do now what patients need could not be accomplished without our passionate and diverse workforce. We are grateful for our employees and strive to create meaningful and enriching experiences and opportunities. We encourage you to check-in with your manager if there is a project, rotation, or change you would like to explore. Moreover, our benefits and perks, such as career coaches, sabbaticals, transportation services, and onsite childcare were designed to make life better both at work and at home. Thus, we’d like to clarify that at our childcare centers you have the freedom to pick up your child whenever you need to. Thank you again for leaving a review and for your time here!
5.0
Mar 20, 2018

Leaving is the biggest regret of my career.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Innovative technically, socially conscious, great pay and benefits.

Cons

In danger of losing identity with growth.

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Genentech Response
8y
Thank you for your review. We always welcome new and former employees to apply at gene.com/careers and encourage you to reach out to your network if you are interested in a role here. Thank you again for your review!
4.0
Mar 10, 2018

A Great Place to Work

Recommend
CEO approval
Business Outlook

Pros

- Strong mission and values, driven by science, always doing what's right for patients - Generally collaborative, friendly, and engaging environment with smart colleagues - Generally good work-life balance, flexible work hours/location - A clear focus on employees: fantastic benefits, health and wellness programs, many resources/opportunities for employee development, fun events

Cons

- Less certain future with increased competition and cost/complexity of pipeline - Big company bureaucracy - Loss of unique "fun" Genentech culture after integration with Roche - Recent exodus of senior leaders - Compensation is only decent given the cost of living in the SF Bay Area and in comparison to nearby tech companies

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