Pros: The health insurance plans are really solid, and that's a big plus. We also get a pretty good 401k match, which helps for a corporate company in the life sciences industry. As a Research Scientist, I appreciated the PTO policy.
Cons: Base salary isn't competitive, especially compared to bigger pharma companies. Annual raises for lab roles are often just 2-3%, which barely keeps up with inflation. It's tough to negotiate higher pay, even for those of us in the Waltham, MA area.
Advice to Management: Seriously re-evaluate the compensation structure for individual contributors, especially for research and development roles. You're losing good talent because competitors are paying so much more.
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