There are newer employer reviews for Forest Labs

1 person found this helpful  

A tremendous company and a spectacular ride in career & rewards

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Vice President, Officer in New York, NY (US)
Current Employee - Vice President, Officer in New York, NY (US)

I have been working at Forest Labs

Pros

Forest Labs has great products, a stellar team, a bevy of new compounds coming to market in important categories where pay, benefits and career growth is possible for serious, dedicated team workers.

Cons

The company is undergoing great strains as it moves to a mature pharmaceutical company in a difficult market for sales at historical profitable levels. There will be a lot of turmoil in the next few years due to patent expiry in important products

Advice to ManagementAdvice

Management needs to better communicate with employees and the public about strategy, position the business is taking, and change in the marketplace as it pertains to the business.

Recommends
Approves of CEO

126 Other Employee Reviews for Forest Labs (View Most Recent)

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  1. 7 people found this helpful  

    Great company, terrible IT department and management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY (US)
    Current Employee - Anonymous Employee in New York, NY (US)

    I have been working at Forest Labs

    Pros

    Great company to work for, provide good benefits and healthcare options, work life balance is great. CO seems like they have a good pipeline

    Cons

    IT department is a total wreck. Both CIO and IT Corporate SVP lack integrity, effectiveness and honesty. No transparency. Management spends unnecessary budget to get the same or higher budget following years. Give too much business to friends and relatives.
    It is also disappointing to see multiple internal fraud instances over last few years in IT but the top management culprits are not held responsible.

    Great company, CEO, CFO are extremely bright but If you want to work for Forest, avoid Informatics department by all means.

    Advice to ManagementAdvice

    Remove CIO and SVP Corporate IT and directs. Appoint new CIO and IT management .Make the department better and there will be no negative impact to the company.

    Doesn't Recommend
    Approves of CEO
  2. 1 person found this helpful  

    Informatics executives are out of control

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Research Informatics
    Current Employee - Research Informatics

    I have been working at Forest Labs

    Pros

    Good location with nice views. Great benefits and perks. Salary is decent as well although stock options not performing.

    Cons

    Informatics senior executives do not really listen and do not manage their staff due to lack of professionalism and it is reflected on everyone downstream several levels below.

    only in it for themselves and managing up by putting on a different face so to look good is not a very good way to run IT. Staff productivity, morale, motivation and attitudes are really poor across all Informatics areas due to extraordinarily bad management. Unnecessary stress, politics and pressure.

    It is true that most of the folks in senior roles are in some shape or form "connected" to CIO and SVP and hired from outside - clear sign that there is no internal staff development to move up. Forest has a lot of good talent that is not being utilized effectively.

    Advice to ManagementAdvice

    Appoint new SVP Corporate Informatics and direct reports.

    Doesn't Recommend
    Approves of CEO
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