BD

Pros: The medical technology industry is generally stable, so that helps. As a Research Scientist on the Raleigh-Durham campus, I usually had consistent R&D projects to work on. It's a big corporate company, so you don't feel totally at risk.
Cons: That said, it's not a bulletproof place. I've seen restructuring announcements impact R&D roles unexpectedly. Sometimes job security feels project-dependent, which can be stressful for people in the life sciences sector.
Advice to Management: Communicate more clearly and transparently about upcoming organizational changes and project longevity. This would ease a lot of anxiety for employees.

Pros: The 401k match is pretty solid, and the health insurance plans are good for a big medical tech company. You do get decent paid time off which is a plus for work-life balance.
Cons: Pay raises for Product Manager roles are usually pretty low each year, making it hard to feel like you're progressing. Base salary in the Franklin Lakes office could be more competitive, especially compared to market rates in the diagnostics industry. It's hard to get a significant salary bump without switching teams.
Advice to Management: Management needs to really look at market rate adjustments for pay, especially for key roles like Product Managers. Make sure compensation is competitive to retain talent in the medical technology industry, not just relying on benefits.

Pros: You get to work on impactful projects within the medical device industry. I've learned a ton as an Associate Product Manager here. There's a real sense of collaboration within specific teams in the San Diego office.
Cons: The company culture feels very bureaucratic and often slow. It's tough to drive new initiatives or get decisions made quickly. There's a lot of red tape, even for minor changes.
Advice to Management: Try to empower teams more and streamline decision-making processes. Cut down on some of the corporate bureaucracy to help with innovation.