Medpace reviews

3.0

41% would recommend to a friend

(416 total reviews)
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August Troendle

22% approve of CEO

41% positive business outlook

Reviews by job title

416 reviews

Reviews about "Compensation"

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5.0
Apr 23, 2024
Recommend
CEO approval
Business Outlook

Pros

Positive environment, good culture, great boss, co-workers are nice and work together to achieve common goals, work life balance, hybrid WFH flexibility, opportunities for growth without having to wait for someone to leave, pay is good, no blackout dates for time off, always something new to learn, deadline driven, workload is manageable, and management works proactively to hire based on business needs to help prevent employee burnout.

Cons

Pay and title start lower than expected but get better once you’ve proven your value. Promotions are done quarterly and the timelines/performance for each level are not very transparent which has resulted in turnover when people have been passed up on promotions and department decides to hire outside of Medpace than to promote from within when there are great employees who are more than qualified. Parking is harder to come by on Together Tuesdays, but isn’t impossible.

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Medpace Response
2y
Thank you for the positive review! We believe the culture we promote provides a place employees want to stay long-term. We have multiple levels structured within each position that provides ongoing opportunities for advancement. Considerations for promotion are based on minimum requirements such as experience and performance. However, we encourage you to discuss any concerns or suggestions with your supervisor or HR Rep. We appreciate your feedback and insight!
1.0
Apr 11, 2024
Recommend
CEO approval
Business Outlook

Pros

- On-site gym - lower management and colleagues can be wonderful depending on your team

Cons

Where to begin… I was at Medpace for well over a decade and was let go with a recent sweeping lay off due to non-compliance with the work from home policy. I can completely understand being let go for noncompliance with company policy, but the way they went about things was extremely unprofessional and showed the true importance of the bottom dollar to the company over any employee regardless of their tenure, performance, or dedication to the company. Following COVID (during which the company did major lay offs in 2020 and hired in folks making a fraction of those laid off and expected the more senior employees to work themselves to the bone to keep up - which I did, now regrettably so) they instituted a hybrid work from home schedule in that employees were allowed to work from home 8 days a month, plus an additional 8 days a year that could be used to work from home at any time as well. I fully admit to non-compliance of this policy and my direct supervisor was aware of this and didn’t encourage me to be in the office more due to personal/family situations I had going on at the time - not that I blame them for any of this as they are just a cog in this machine as well. I routinely asked if I was being missed in the office, if anyone was saying that were looking for me and unable to reach me, very much trying to ensure if there were any issues, that I could mitigate them when they arose. I was told no one ever made complaints and during all 10+ years at the company, I received rave performance evaluations and was continually told how much of an asset I was to my team, and even told during almost every performance eval that they didn’t even have guidance or suggestions for me to improve. Skip to the beginning of 2024 and we were told that all employees needed to start coming into the office on Tuesdays for “together Tuesdays” so I made sure to be compliant with that schedule. I have read this elsewhere posted by another employee that during the first quarterly meeting of the year, the president of the company indicated that they wanted to slim the workforce by 1% during 2024. I didn’t listen to the meeting recording, so this is based of another employees remembrance. When bonus and merit info began to be released to upper management in February, there were rumblings of people being worried about a mass exodus after the info was released to all employees as the numbers were shockingly low compared to other years even though revenue was doing well. Prior to the release of the bonus and merit raise info being released to all employees, I was told that as a means to “reward” employees who came to the office more frequently than required, they ran an audit of badge accesses on campus and found that many employees were not compliant with the WFH policy. So instead of using this as a reward system, it was used as a means to slim the workforce, in my opinion. Those that were not compliant with the WFH policy were initially told in early March 2024 that they were not receiving their bonus or merit raise, and they needed to become compliant with the policy, which I did immediately and was still let go around mid-March. It is my understanding that I am among MANY senior, exemplary employees who also were blindsided by this decision. So beware, keep all correspondence documenting any decisions made about anything to do with your employment and ultimately always look out for yourself, because in my opinion, Medpace does not value employees regardless of what they have given of themselves to this company.

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Medpace Response
2y
We are saddened by your view of Medpace and taken back by your comments. Regarding our new Together Tuesday, this is a day of the week to maximize collaboration and assure predictable interaction for all associates, including those who are completely office-based. Like many companies in the US, we feel that in office collaboration can be beneficial – especially for new joiners! 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 any Medpace policy, for example the Remote Work Policy, may impact eligibility for discretionary bonus, merit, or employment.
1.0
Apr 10, 2024

You are just a number

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-great coworkers -free drinks in break rooms (coffee, tea, soda) -early on the raises and promotions are great

Cons

-CEO/owner doesn’t not care about his employees, only his profits -WFH time being phased out -when you ask for help with workload, they act like they care then don’t help -benefits suck, insurance premiums are high, no parental leave only fmla and you get punished for using it by loosing your yearly bonus -you are just a number, March 2024 they just did (another) large layoff/fired a lot of people due to work from home violations. The people were not giving any notice and most of them were hard working mid and upper management that had no previous issues and great yearly reviews.

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Medpace Response
2y
Thank you for the feedback. We are happy to hear that you enjoy working with your colleagues and appreciate the amenities that we provide in our offices. Our employees are the heartbeat of our organization and strive to make them feel heard and valued. We feel that combined with our flexible scheduling, PTO packages, and our updated work-from-home policy, that employees have a generous amount of flexibility in their work schedule to meet their needs. Eligible employees are given a bank of work-from-home time that equates to approximately 8-10 days per month. We do require compliance with all Medpace organizational policies which all employees review and acknowledge on an annual basis. Failure to comply with Medpace policies, for example the Remote Work Policy, may impact eligibility for discretionary bonus and merit increases. We encourage you to escalate any of your concerns to your Human Resources Representative.
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