Genentech reviews

3.9

74% would recommend to a friend

(552 total reviews)
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Ashley Magargee

83% approve of CEO

55% positive business outlook

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552 reviews

Reviews about "Compensation"

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4.0
Oct 10, 2015
Recommend
CEO approval
Business Outlook

Pros

Excellent salary for your job.

Cons

Company changed noticeably for the worse when Roche took over. This is a simple observation noted by many employees, not a snide comment by a disgruntled employee. Many people left my department at this juncture or shortly thereafter.

3.0
Oct 5, 2015

Principal

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good pipeline, good salary and benefits.

Cons

Loss of entrepreneurial attitude. Talent drain to other organizations. Impact of Roche tight-fisted approach towards staffing.

5.0
Sep 30, 2015
Recommend
CEO approval
Business Outlook

Pros

Interesting projects, intellectually stimulating content, great people. Transparency about promotions and compensation has improved in the short time I've been here. Some individual managers (like mine) are amazing, while I've heard others not so much, but that's pretty much any company. Lots of opportunities to get recognized by upper management. I love the amount of trust and high expectations management has. There's absolutely no competition to see who stays at the office longer - if your work gets done, that's all that matters. If that means leaving at 3 pm to pick up your kids and maybe jumping online for an hour after dinner, that's totally fine. Flexible WFH arrangements as an on-needed basis. Great benefits - automatic 6% of salary 401K contribution, plus 100% matching up to another 4% of your salary. Bonuses tied to overall company performance, so those will vary year to year. Stock grants 2x/year (RSUs & SSARs).

Cons

The biggest con is that we work in a highly regulated environment. I have no doubt that our legal and healthcare compliance group are doing great work and keeping the company safe, but it can be frustrating to hear "No, you can't do that" a lot. That's more of a feature of the industry than GNE, however. Some groups have competing areas of expertise/function, so it can be difficult to take on projects without sensing some resistance from the other group.

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