The 100 Best Companies to Work For in 2008
Each year Fortune publishes a list of the top 100 companies that it believes are the best to work for. A quick perusal of the 2008 list reveals that only two drug companies cracked the top 100 this year. Genentech was ranked number 3 (second place in 2007) and Astra Zeneca finished a distant 83rd. The only other big pharma company to ever make the list was Eli Lilly in 2006 which came in at number 52. I guess that in general, big pharma companies aren’t great places to work? As Ed Silverman at Pharmalot points out, “Amgen wins the award for taking the biggest dive. The biotech ranked #39 in 2006 and #40 in 2007, but this year doesn’t rank at all.” I suspect that Amgen’s hasty exit from the list has a lot to with large job layoffs, a grossly over paid CEO, a flagging stock price and a weak pipeline. One company that I think ought to be on this year’s list is Massachusetts-based Genzyme which has a reputation for having outstanding employee development and retention programs. It made the list in 2006 (no. 51) and 2007 (no.43) but was conspicuously absent this year. Maybe things have changed at Genzyme?
Until next time
Good Luck and Good Job Hunting (try Genentech, houses are currently cheap in the Bay area)!!!!!!!!!!!
This is such bull crap. They had their VP's and only certain employees fill out the forms that were sent to Fortune. It has been done like this every year. Fortune should look into the questionaires a little more.