Medpace reviews

3.0

42% would recommend to a friend

(416 total reviews)
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August Troendle

24% approve of CEO

42% positive business outlook

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416 reviews

Reviews about "Compensation"

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1.0
Nov 7, 2024

CEO is killing this company

Recommend
CEO approval
Business Outlook

Pros

Getting a start in clinical research, nice office, colleagues usually nice and helpful

Cons

This use to be a good place to work. Since going public, only thing that matters is money. Gone are the days of employee perks and incentives to stay/work harder. Now they can only keep employees via fear (non-compete). Any and all perks are being taken away for thinly veiled reasons. Having salaried employees have to badge in and out of work like we are teenagers is insulting. Taking away WFH days with 2 weeks notice is not only short sighted but evil. How are parents supposed to figure out childcare with such short notice? That could be up to 3 hours travel time you have to find childcare for every day. Not to mention spending more on gas and wear and tear on our cars. This RTO is a pay cut, plain and simple. We also were not awarded any meaningful merit increases or bonuses this year since inflation drastically slowed (….um not it has not! Just their excuse). The CEO makes all major policy decisions, which is evidenced by how poorly they are received. Medpace saw record profits this year and did not want to share those with the employees who made it happen. They only care about shareholders, which I guess could work in the short term but employees will suffer and the ones who can will leave thus leaving nothing but newbies to take over.

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Medpace Response
1y
We are saddened by your view of Medpace and taken back by your comments. As with many large companies, Medpace uses an access control system for the safety and security of our associates, and we do require associates to use company issued identification while on campus. In additon, we have made recent changes to our remote work policy in support of our culture of in-office collaboration, while still providing opportunities for associates to work from home when personal flexibility is needed. Thank you for taking the time to leave a review.
3.0
Nov 7, 2024
Recommend
CEO approval
Business Outlook

Pros

Decent salary for some people

Cons

Limited work from home, limiting promotions

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Medpace Response
1y
We feel that combined with our flexible scheduling, PTO packages, and our updated remote work policy, that employees have flexibility in their work schedule to meet their personal needs. We are proud of the advancement opportunities we provide our employees. In terms of advancement, we have multiple levels structured within each position to provide a way for our associates to have opportunities for advancement. Thank you for taking the time to leave a review.
1.0
Oct 26, 2024

Disappointed

Recommend
CEO approval
Business Outlook

Pros

Will hire new grads with no experience Teams work hard and are supportive

Cons

Morale has been quite terrible lately due to denied promotions/raises in the last year and recent changes in our work from home policies. Upper management has blamed inflation and parking issues in Cincinnati for these changes, which really is just confusing and a little insulting. I am most disappointed with the poor communication surrounding the new return to office policy. Two weeks is not enough time to adjust to the reduced flexibility, and this abrupt change will cause unnecessary stress for families that were not expecting to lose work from home. This transition could have been handled much better. While I love my team and the people I work with, decisions made by upper management (abrupt return to office, exit badge swipes, firing over WFH non-compliance), lackluster benefits (no paid parental leave, high deductible insurance, three-year vesting timeline for 401K), and the non-competes (preventing employees from leaving an unsupportive environment) have left a bad taste in my mouth. I am not confident that upper management is leading the company in the right direction.

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Medpace Response
1y
We are saddened by your view of Medpace. As with many large companies, Medpace uses an access control system for the safety and security of our associates, and we do require associates to use company issued identification while on campus. In addition, as Medpace is in a highly regulated industry, we hold our employees to the highest level of compliance with all Medpace policies. Failure to comply with Medpace policy, for example, the Remote Work Policy, may impact eligibility for discretionary bonus, merit, promotion, or employment. Finally, while we have made recent changes to our remote work policy in support of our culture of in-office collaboration, we believe this still provides opportunities for associates to work from home on occassion when personal flexibility is needed.
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