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Foundation Medicine Claimed Company
Foundation medicine is a molecular information company developing clinical diagnostic tests that facilitates personalized cancer therapies. read more
Foundation Medicine Company Culture
Foundation Medicine Culture
This score is derived from employee ratings & reviews3.6/5
Foundation Medicine's Overall Culture is rated C+
Top Rated Culture Dimensions
Retention
BOutlook
BDiversity
B-CEO Rating
C+Compensation
C+Foundation Medicine CEO
Top 50%Top 50% of Similar Size Companies on Comparably
Dan Malarek
68 /100
See More
Diversity at Foundation Medicine
Top 40%Top 40% of Similar Size Companies on Comparably
B-
Diverse employees at Foundation Medicine have rated CEO Rating, Executive Team, and Leadership as the highest categories they have scored
Women at Foundation Medicine
Bottom 40%Bottom 40% of Similar Size Companies on Comparably
C
Women at Foundation Medicine have rated CEO Rating, Leadership, and Executive Team as the highest categories they have scored
Foundation Medicine eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Top 50%Top 50% of Similar Size Companies on Comparably
Recommend to a Friend?
-7
Foundation Medicine employees are -7% more likely to recommend Foundation Medicine as a great place to work
| 35% | Promoters |
|---|---|
| 23% | Passives |
| 42% | Detractors |
Working at Foundation Medicine
Working at Foundation Medicine is rated average by 52 employees, across various culture dimensions. Foundation Medicine employees are most satisfied about Retention, Outlook, and CEO Rating categories, putting Foundation Medicine’s culture in the Top 50% compared to similar sized companies on Comparably and in the Bottom 45% compared to other companies in Boston. See below in detail how working at Foundation Medicine was rated by employees.
Overall Company Culture at Foundation Medicine
C+
Overall Company Culture at Foundation Medicine is rated C+
Last updated months ago
Top
50%
Foundation Medicine ranks in the Top 50% of other companies on Comparably with 501-1,000 Employees for Overall Company Culture Score
Foundation Medicine Employee Reviews
Out of 43 Foundation Medicine employee reviews, 84% were positive. The remaining 16% were constructive reviews with the goal of helping Foundation Medicine improve their work culture.
| Positive Reviews | 84% |
|---|---|
| Constructive Feedback | 16% |
Positive Reviews From Foundation Medicine Employees
- What are some of the best things about your team?Help each other with ideas.
- What are some of the best things about your team?The passion that they bring to work
- What is most positive about the culture and environment at your company?Our science leads the field!
Constructive Feedback From Foundation Medicine Employees
- Why do you feel undervalued and what would make you feel better about your compensation?Realistic and attainable bonus plans.
- What does the leadership team need to get better at?Being honest, respecting other employees.
- What needs to change to make the company culture better?Quality supervisors that is competent and has the team best interest instead of just cashing a check.
Foundation Medicine Company Information
Foundation Medicine Company Overview
Foundation medicine is a molecular information company developing clinical diagnostic tests that facilitates personalized cancer therapies.
Foundation Medicine Mission, Vision & Values
Foundation Medicine Mission Statement
Our approach combines genomic profile products and data services to generate insights that can help doctors match patients to more treatment options and help accelerate the development of new therapies.
Foundation Medicine Values
- Integrity
- Courage
- Passion
| Headquarter | 400 Summer St Boston, MA 02210 United States of America |
|---|---|
| Website | www.foundationmedicine.com |
| Founding Date | 2010 |
| Tel | 6174182290 |
| Company Status | Public |
| Stock | RHHBY |
Foundation Medicine Competitors
Foundation Medicine competitors include Flatiron Health and Quest Diagnostics. Foundation Medicine ranks 2nd in Overall Culture Score on Comparably vs its competitors. See below how Foundation Medicine compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
Foundation Medicine Employees
52 employees at Foundation Medicine have reviewed Foundation Medicine across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 52 Foundation Medicine employees give their leadership a grade of C, or Bottom 45% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Foundation Medicine are generally satisfied with their total compensation at Foundation Medicine, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Foundation Medicine are generally satisfied with their team. 52 Participants grade the quality of their coworkers a C. The majority believe the meetings at Foundation Medicine are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Foundation Medicine believe the environment at Foundation Medicine is positive. Most Participants believe the pace of work at Foundation Medicine is extremely fast. About 43% of the employees at Foundation Medicine work 8 hours or less, while 10% of them have an extremely long day - longer than twelve hours.
Overall, the employees at Foundation Medicine are generally happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
Joining Foundation Medicine - Employee Onboarding
The prevailing opinion from Comparably users in Boston about their company is that it was very prepared on their first day. Boston employees concluded that their overall onboarding experience was positive. 75% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Foundation Medicine KPIs and OKRs
Employees’ understanding of Foundation Medicine's KPIs and OKRs is essential for its success. Out of 1 Foundation Medicine employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 1 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Foundation Medicine CEO & Leadership
Foundation Medicine CEO - Dan Malarek
68 /100
Foundation Medicine’s CEO Dan Malarek started in this role in 2024. Dan’s approval rate is just above average, putting Dan in the Top 50% of all CEOs of similar-sized companies on Comparably, and in the Bottom 40% compared to the CEOs of all other companies in Boston. Dan Malarek is well regarded by employees for the Retention Foundation Medicine offers, and ranks among the Top 30% of CEOs by employees in that category. Dan is most liked by employees with Over 10 Years experience and Female employees. However, employees with the company for 2 to 5 Years have a slightly unfavorable view of the CEO. When compared to Foundation Medicine’s competitors, Dan Malarek ranks just above Quest Diagnostics’s CEO Jim Davis. With Dan’s leadership, Foundation Medicine employee respondents are most happy about their Retention and Outlook. Dan was rated slightly below average for Meetings.
Foundation Medicine Leadership
The Foundation Medicine Executive Team is rated a “C” and led by CEO Dan Malarek, President and Chief Operating Officer Steven Kafka Ph.D., and Chief Financial Officer Jason Ryan
Dan Malarek CEO / President
Dan Malarek is Chief Executive Officer at Foundation Medicine. Prior to joining Foundation Medicine in 2023, he held... read more
Steven Kafka Ph.D. President and Chief Operating Officer
Dr. Steven J. Kafka, also known as Steve, Ph.D., serves as the Chief Operating Officer and President of Foundation... read more
Jason Ryan Chief Financial Officer
Mr. Jason Ryan has been the Chief Financial Officer of Foundation Medicine, Inc. since March 2015 and served as its... read more
Rene Castro Senior Vice President, BioPharma Business Development
Rene Castro serves as the Senior Vice President, BioPharma Business Development of Foundation Medicine. Rene started at... read more
Brian Alexander Senior Vice President
Brian Alexander serves as the Senior Vice President of Foundation Medicine. Brian started at Foundation Medicine in... read more
Elaine Labrecque Senior Vice President, Operations
Elaine Labrecque serves as the Senior Vice President, Operations of Foundation Medicine. Elaine started at Foundation... read more
Tony Perez Vice President Operations at Foundation Medicine
Tony Perez serves as the Vice President Operations at Foundation Medicine of Foundation Medicine. Tony started at... read more
Charlotte Brown VP, Laboratory Operations & Site Lead, RTP
Charlotte Brown serves as the VP, Laboratory Operations & Site Lead, RTP of Foundation Medicine. Charlotte started at... read more
Debora Greenblatt Vice President, Sales
Debora Greenblatt serves as the Vice President, Sales of Foundation Medicine. Debora started at Foundation Medicine in... read more
Foundation Medicine Salaries
How much does Foundation Medicine pay?
How much do people at Foundation Medicine get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Foundation Medicine is $84,839, or $40 per hour, while the estimated median salary is $85,745, or $41 per hour.
At Foundation Medicine, the highest paid job is a General Counsel at $217,312 annually and the lowest is a CS Rep at $44,819 annually. Average Foundation Medicine salaries by department include: Sales at $135,295, Engineering at $167,871, Marketing at $79,036, and Customer Support at $46,577. Half of Foundation Medicine salaries are above $85,745.
27 employees at Foundation Medicine rank their Compensation in the Top 50% of similar sized companies in the US (based on 79 ratings) while 25 employees at Foundation Medicine rank their Perks And Benefits in the Bottom 45% of similar sized companies in the US (based on 25 ratings).
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $54k | $54k | 1st Percentile |
17th Percentile $71k | $71k | 17th Percentile |
33rd Percentile $84k | $84k | 33rd Percentile |
50th Percentile $140k | $140k | 50th Percentile |
67th Percentile $202k | $202k | 67th Percentile |
83rd Percentile $259k | $259k | 83rd Percentile |
100th Percentile $263k | $263k | 100th Percentile |
$84,839*
Average Compensation
$85,745*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Foundation Medicine Salaries by Department
Diversity & Inclusion at Foundation Medicine
Diverse employees at Foundation Medicine score the company 71/100 across various culture categories, placing Foundation Medicine in the Top 40% of companies on Comparably with 501-1,000 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Foundation Medicine across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
Foundation Medicine Perks & Benefits
Health & Wellness
- Dental Insurance
Paid Time Off
- PTO / Vacation Policy
Foundation Medicine PTO
Foundation Medicine PTO policy is a critical component of the benefits package offered to employees.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Foundation Medicine Careers
Foundation Medicine Jobs
No Recent Jobs found for Foundation Medicine on Comparably
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H1B Visa
In 2019, Foundation Medicine applied for 18 H1B visas. Of the work permits applied for, 94% were approved.
Work Permit Application Outcome
18
Total Applied
H1B Applications Outcome
- 94% Granted (17 out of 18)
- 0% Denied ( out of 18)
- 0% Withdrawn Application was withdrawn by the employer before approval/rejection ( out of 18)
- 6% Certified-Withdrawn Application was approved but later withdrawn by employer (1 out of 18)
This data was calculated using publicly sourced data from OFLC Performance Data
Let Foundation Medicine Know You Want To Work There
Overview of Candidates Interested in Foundation Medicine on Comparably
Candidates By Department
All Industries | 43% | |
|---|---|---|
Engineering | 29% | |
Admin | 14% | |
Customer Support | 14% |
Candidates By Location
Boston | 21% | |
|---|---|---|
Oakland | 7% | |
Houston | 7% | |
Cambridge | 7% | |
Peabody | 7% | |
Other | 50% |
Frequently Asked Questions regarding Foundation Medicine
What is Foundation Medicine address?
Foundation Medicine location is at 400 Summer St
Who is the CEO of Foundation Medicine?
Foundation Medicine CEO is Dan Malarek, their score by employees is 68
What is Foundation Medicine eNPS?
The eNPS for Foundation Medicine is -7
What is the salary for Senior Product Manager in Foundation Medicine?
Senior Product Manager average salary in the US is 148k
What are the salaries in the Design in Foundation Medicine?
The average salaries for Design in Foundation Medicine is 79k
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