A company where they want to work you extra hard but not share the up side - Anonymous employee Formulatrix Employee Review
1.0
16 Jan 2016
Anonymous employee
Former employee
Recommend
CEO approval
Business outlook
Pros
Good technology development
Focused on the customer and product
Lot of innovation
Cons
Founders want you to work extra hard but with their phantom (fake) stock options they really don't want to share anything or any up side
Very micromanaged and tightly controlled by the husband and wife who are very mean
Formulatrix Response
7y
Thank you for your feedback. Part of our culture here at FORMULATRIX is this drive to collectively work hard and then share in our success as a company through our the profit share program. Due to the hard work and dedication of all our employees, one of our product lines was recently sold for $260M. The entire amount of the sale will be paid out as profit sharing to our employees. With the continued hard work from our employees, we hope to foster future sales and large sum payouts to our employees.
- Very cool products and cutting edge R&D and tech.
- Life sciences is a great market
- you're helping those that help find cures.
- Biotech/Pharma have money, and are willing to spend on the best products.
Cons
Global company, with various offices in different time zones. Occasional early or late meetings.
5.0
28 Mar 2025
Anonymous employee
Current employee, less than 1 year
Recommend
CEO approval
Business outlook
Pros
- Fosters relationships between disciplines
- Workplace is neat and tidy
- Supervisors are helpful in identifying areas of growth and fostering said growth