This is still a wonderful organization!

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anonymous said:
While I agree with most of the statements on this thread, these problems are not unique to BMS. You could easily replace BMS with Amgen, Pfizer, Merck…. It’s a big pharma problem.

Big pharma is overstaffed and underproductive. Therefore:
1. You can’t innovate and have to buy smaller innovative companies for the assets only. Not the actual innovators.
2. People that are slackers can “get by” by staying below radar and not pissing people off. This hurts morale.
3. People stay for a LONG time, which creates a need to be political for safety and favor. Really performing well is less important than who you know. High performers that get stuck leave. Low performers stay and hide.
4. There are definitely committed doers in middle ranks (below VP) that are rewarded enough to carry the water and stay, HOPING for a promotion someday.
5. VPs + get promoted based on politics mostly. It’s not that they’re incompetent (some are), it’s just that politics is MORE important. They then want to build their empire or, these days, at least preserve it. No incentives to rock boat or drive performance. More resentment.
6. This ultimately culminates in stagnation and company sucking. Only a great (lucky) turn of event in R&D pipeline or acquisition fixes or helps this and injects energy into company. Otherwise, layoffs and increased stress or career stagnation result.
7. People that see this and have the skills take action and leave.
8. News flash: AI will likely accelerate negative affects for staff, especially slackers with administrative or repetitive jobs. You have no idea what is coming here.

Good luck.
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so true, big pharma just sucks, not a fun industry to be in anymore, but now we are all stuck in this hell hole. BMS might be slightly worse than peers but they all are soul sucking
 


anonymous said:
While I agree with most of the statements on this thread, these problems are not unique to BMS. You could easily replace BMS with Amgen, Pfizer, Merck…. It’s a big pharma problem.

Big pharma is overstaffed and underproductive. Therefore:
1. You can’t innovate and have to buy smaller innovative companies for the assets only. Not the actual innovators.
2. People that are slackers can “get by” by staying below radar and not pissing people off. This hurts morale.
3. People stay for a LONG time, which creates a need to be political for safety and favor. Really performing well is less important than who you know. High performers that get stuck leave. Low performers stay and hide.
4. There are definitely committed doers in middle ranks (below VP) that are rewarded enough to carry the water and stay, HOPING for a promotion someday.
5. VPs + get promoted based on politics mostly. It’s not that they’re incompetent (some are), it’s just that politics is MORE important. They then want to build their empire or, these days, at least preserve it. No incentives to rock boat or drive performance. More resentment.
6. This ultimately culminates in stagnation and company sucking. Only a great (lucky) turn of event in R&D pipeline or acquisition fixes or helps this and injects energy into company. Otherwise, layoffs and increased stress or career stagnation result.
7. People that see this and have the skills take action and leave.
8. News flash: AI will likely accelerate negative affects for staff, especially slackers with administrative or repetitive jobs. You have no idea what is coming here.

Good luck.
Click to expand...
So true. Don’t expect high performers to get promoted. A true high performer cannot be expected to get promoted because they will not be shown as high performers on their evaluations.

Politics is a skill and those without this essential skill will never see the light of the day. Groupism and conformity ensure longevity for an employee but it stifles critical thinking. Pharma has the worst managers and if you are better than your manager, you are toast. Never attempt to argue with your manager no matter how right you are.

Truth is Pharma is a money maker not a patient caretaker but the patient punchlines are a necessity. Patient caretakers are the poorest in this country making patient care a very low level job which leads to neglect. Only our Pharma executives will be able to afford the best end of life care.

There are not many Pharma companies who develop a drug from inception. It is just buy, sell and layoffs. The best will never make it because no one cares about right or wrong. All they care about are profits. Bottom line, Healthcare is a disaster.
 




anonymous said:
The ultra vast majority of organizations don’t vest day 1, average vesting period is 2-3 years at most organizations. Our 401k benefit is one of the best out there, especially for more tenured employees. A 9.5% match for 6% contribution, including bonuses? It’s Amazing!!

You are very out of touch.

Some of you have legitimate complaints, but incompetent leaders are common. Many organizations are restructuring regularly. While it’s inconvenient, constant complaining and screeching isn’t behavior that will improve our situation.
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where is the 9% from? I called Fidelity and they said it is 6%.Did you just tell our entire company, that only the ELT gets 9%??
 






Why are HR or other non essential functions attending congresses? So many medical jobs are lost and these useless functions are wasting resources. HR is too inflated and has no use as much as they are trying to show. Keep them too busy by reducing their numbers.
 




anonymous said:
Why are HR or other non essential functions attending congresses? So many medical jobs are lost and these useless functions are wasting resources. HR is too inflated and has no use as much as they are trying to show. Keep them too busy by reducing their numbers.
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HR, the team that enjoys creating issues out of non-issues. HR, the team used by devious managers to further their agenda.
 


anonymous said:
Why are HR or other non essential functions attending congresses? So many medical jobs are lost and these useless functions are wasting resources. HR is too inflated and has no use as much as they are trying to show. Keep them too busy by reducing their numbers.
Click to expand...
Do we even have a HR department? They never get back to you. Who do you even call anyway? They don't even tell you who your HR representative is?
 




anonymous said:
Do we even have a HR department? They never get back to you. Who do you even call anyway? They don't even tell you who your HR representative is?
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True! When I joined BMS I asked my manager very casually who would be our HR person. There was no response and a complete diversion to a different topic. I did not know anyone from HR until I was laid off years later and then the fake encounters by the desperate me with HR for a different job in the company which did not work out. Despair, politics and a**kissing, the game that I could not play and was promptly shoved to the side with bs remarks like you will find something, we bat for you. You have great qualifications and recommendations and good luck. Then they ran like their pants were on fire, avoided me and never responded to me again.
 







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