Merck Compensation Employee Reviews | Comparably
Merck Claimed Company
At Merck, known as MSD outside of the United States and Canada, we are unified around our purpose: We use the power of leading-edge science to save and improve lives around the world. For more than 130 years, we have brought hope to humanity through the development of important medicines and vaccines. We aspire to be the premier research-intensive biopharmaceutical company in the world – and today, we are at the forefront of research to deliver innovative health solutions that advance the prevention and treatment of diseases in people and animals. We foster a diverse and inclusive global workforce and operate responsibly every day to enable a safe, sustainable and healthy future for all people and communities. read more
EMPLOYEE
PARTICIPANTS
513
TOTAL
RATINGS
3572
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Merck Compensation Employee Reviews

What is the best part about your compensation package?

401k match, pension and retiree healthcare

Compensation is on the level or better than competitors.

Annual incentive plan / bonus

New vacation package, excellent health care options,

The overall package is best

Health coverage for family and flex work environment

The best part of my benefits is the annual bonus and health insurance.

Health care benefits are the BEST.

Review from Operations Dept

All of it is great

I am very comfortable with package

Cash and stock bonus every March

Highly competitive salary, best car policy compared to other local offices.

Review from Operations Dept

Vacation, pension, heath insurance, bonus.

LTIs, inspire Programm to value employees with extra äs I.e. vouchers et

Paid time off of ~6 weeks

bonus, medical, shares, money , hike

Review from IT Dept

The pay is pretty good

Review from Operations Dept

High basic salary and potential for high reward if I perform well

Review from HR Dept

Wages, 401k, health insurance and matching gifts

Review from Operations Dept

company matching into my 401k contributions

Review from Operations Dept

Why do you feel undervalued and what would make you feel better about your compensation?

Gym benefits, work from home compensation, pension plan

because im a minority I don't feel included and I feel like a second option

more salary, don't make us fight for LTIs like we have to, stop being subjective in your compensation reviews

Compared to the marketing, we are below average

i feel that male peers of similar experience are paid more, while i am consistently given more work and greater responsibility

Review from HR Dept

Remove salary caps. Increase annual merit opportunity

Review from Sales Dept

Parity with peers who weren’t acquired from other companies

Review from Sales Dept

No promotions within your own department. Real life COLA.

Review from Engineering Dept

Higher rates in market. Raises go up minimally. Due to cost of living i have less money this yr than last even with raise and bonus

For everything we do at Merck, if we were paid individually for each role we have to assume we should be making upward to 80 to 90k each year. But we do not. If we make 60k in a year its because of the overtime put in.

Salary is not competitive to market, bonus structure is also lower. Insurance benefits are very expensive and coverage not what you’d expect from big pharma.

Review from Operations Dept

Company is known for below-average compensation in the industry.

Review from Operations Dept

Review Sentiment at Merck

78
78%
22
22%

About Merck's Compensation

A-
76/100

Where This Score Ranks Merck's Compensation

TOP
15%

In the Top 15% of 1310 similar size companies on Comparably

TOP
25%

In the Top 25% of 634 companies in New York

2nd

2nd place versus 4 competitors rated on Comparably

178 employees at Merck score their wages and compensation an A- on average. As a testament to this, when employees are asked “Do you believe you're paid fairly?”, 69% say Yes. The Design department is the most satisfied with their compensation, ranking it 100/100, a full 49 pts above the Business Development department. If you want detailed data about Merck's wages, see the <a href="https://www.comparably.com/companies/merck/salaries">wage breakdown by department, job titles, locations, and more.</a>

Rate Compensation the Highest

  • Department - Design
    +24%
  • Experience - Entry Level
    +24%
  • Tenure - Less than 1 Year
    +20%

Rate Compensation the Lowest

  • Ethnicity - Other
    -30%
  • Department - Business Development
    -25%
  • Department - IT
    -12%

How Merck's Compensation Score is Calculated

FILTER RATINGS BY

Results from 178 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

AnswerPercent
Yes69%
No31%
Do you believe you're paid fairly?
AnswerPercent
Yes78%
No22%
Are you satisfied with your Benefits?
AnswerPercent
Yes83%
No17%
Does your company give annual bonuses?
AnswerPercent
Every 6 months or less0%
Every year83%
Every 2 years0%
Every 3 years or more17%
Never0%
How often do you get a raise?
×
Rate your company