Develops and produces drugs that cure diseases.
Headquarters: South San Francisco, CA
Industry: Biotechnology
Founded: 1976
Genentech WebsiteGenentech has a mission, vision, and cultural values that thoroughly engage staff. Ninety-five percent of Genentech employees own stock in their best company. Genentech is philanthropically and community outreach oriented. Genentech provides a leading edge package of benefits and perks to their employees.
These statements and goals tell you about the company’s purpose and direction:
- In business for life.
- Work that really matters.
- Curing cancer.
- Collaboration is a way of life.
- Long-term, high risk research.
- Wants to imbue employees with idealism.
- Research Review Committee centered.
More about the Genentech company and the Genentech culture.
Genentech’s Core and Other Values appear to include:
- Diversity.
- Commitment to improving health.
- Commitment to the environment.
- Non-hierarchical management structure.
- Trust and respect.
- Teamwork.
- Commitment to employee happiness and well-being.
Additional Genentech Values.
Philanthropical Outlook:
- The Genentech Foundation for Biomedical Sciences is an independent, nonprofit organization that supplies support to biomedical education and research to schools in the San Francisco Bay Area.
- Donates millions of dollars of drugs to uninsured and underinsured members of the community. Enables employee community service and donations.
Genentech appears to be an employee-valuing company that provides outstanding benefits for their employees.
- Ninety-five percent of employees are shareholders.
- Workers are polled weekly to find complaints and to make sure things in the company are working.
- Tuition assistance.
- Lending library.
- Full cost of Bay-area gym membership.
- Business casual attire.
- Free cappuccino, java, and iced tea.
- Made-to-order sushi in egalitarian lunch rooms.
- Friday night keg parties (Ho-Hos).
Additional benefits for working at Genentech:
- Scientists spend 20 percent of their work week on pet projects.
- Offers sabbaticals to avoid burnout.
- Daycare and nursing rooms.
- Concierge service.
- Campus overlooks San Francisco Bay; has shuttle busses and bicycles.
- Milestones are celebrated with T-shirts and sometimes huge parties with celebrity bands.
- Parking is first-come, first-served.
- Company store on campus.
- Company store online.
- Halloween costume dress-up.
Several of Genentech's challenges with regard to people appear to be:
- How to attract the best and brightest employees who may be asked to make up to 5-6 visits and participate in 20 interviews to get a job at Genentech.
- Want to avoid hiring people who are preoccupied with salary, title, and personal advancement.
- The need to assimilate culturally up to 150 new hires a month.
