3.0
Feb 27, 2013
Merck not what it used to be in the ways that matter
Current employee, more than 10 years
North Wales, PA
Recommend
CEO approval
Business Outlook
Pros
Pay and benefits not what they used to be, but still good relative to many companies. Managing to be relatively successful, in a difficult industry, despite many patent expirations.
Cons
Management "talks the talk, but doesn't walk the walk" when it comes to being customer-focused, taking appropriate risks, diversity of ideas and employee engagement. George Merck's quote to "remember the patients" is long forgotten. Decision-making is highly controlled and priorities are never set, therefore trying to execute on every idea that comes along. Probably not done downsizing, which leads to increasingly difficult working conditions (long hours and unrealistic expectations). Career tracks are gone.
