Genentech

Biotechnology research company.

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Headquarters: 1 DNA Way
South San Francisco, CA 94080
Employees: 12,300
CEO: Ian Clark
Privately held by Roche

Website: http://www.gene.com

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Genentech is one of the world's leading biotech companies, with multiple products on the market for serious or life-threatening medical conditions and over 30 projects in the pipeline. The company is the leading provider of anti-tumor therapeutics in the United States.

Genentech conducts basic and applied research in the areas of oncology, immunology and disorders of tissue growth and repair, with a major focus on angiogenic disorders.

One of the company's top products is Avastin, which is used in combination with 5-Fluorourcil-based chemotherapy in the treatment of first-line metastatic cancer of the colon or rectum.

Genentech conducts basic and applied research in the areas of in Oncology, Immunology, Neuroscience, Metabolism, and Infectious Disease. Genentech's approximately 1,200 researchers and scientists and 135 postdocs consistently publish important papers in prestigious journals and are among the total citations.

Genentech's development pipeline continues to grow, with multiple promising projects in the following therapeutic focus areas: Oncology, Immunology, Neuroscience, Metabolism, and Infectious Disease. The company's clinical development pipeline includes monoclonal antibodies, small molecules, and antibody drug conjugates that address serious unmet medical needs.

More than 80 percent of Genentech employees have college degrees, and more than 20 percent hold advanced degrees, including Ph.D.s and M.D.s.

Genentech has been named by Fortune as one of the "100 Best Companies To Work For" for the 15th consecutive year. The company has headquarters in South San Francisco, CA as well as manufacturing facilities in Vacaville and Oceanside, CA and PorriƱo, Spain.

History

Genentech was founded on April 7, 1976 by venture capitalist Robert Swanson and biochemist Dr. Herbert Boyer as the first biotechnology company.

In 1977, Genentech produced the first human protein (somatostatin) in a microorganism (E. coli bacteria). In 1978, human insulin was cloned by Genentech scientists. In 1979, Human growth hormone was cloned by Genentech scientists.

Genentech went public in a highly-successful IPO in 1980.

In March 2009, Genentech became a member of the Roche Group, and Genentech now serves as the headquarters for all Roche pharmaceutical operations in the United States.

Benefits

Community
Employee Associations such as African-Americans in Biotechnology; Filipino Americans Coming Together at Genentech; Genentech Out and Equal; Latinos Unidos; and South Asians Network @ Genentech are company sponsored.

Ho-Hos. Each Friday evening, Genentech hosts socials called Ho-Hos, providing free food, beverages, and a chance to socialize with your co-workers or meet new friends.

Parties. Company-wide celebrations in honor of corporate milestones.

Education and Training
Books and journals can be checked out at two 24-hour libraries which stock Genentech-related literature, as well as personal reference books and audio-books for commuters.

Training. Computer training, Personal Growth, Career Management and Diversity training are only some of the ongoing, on-site courses available to Genentech employees.

Tuition Assistance Program reimburses 100% of costs, up to $10,000 a year, for tuition, books, and lab fees for courses related to your career, after one year of service.

Family/Child Care
Adoption Assistance. Genentech reimburses up to $5,000 of expenses for each legal adoption and gives six weeks paid leave to the primary caregiver.

Child Care. Second Generation is our nearby, company-subsidized center for children six-weeks to six-years old.

Domestic Partner Benefits are provided for same sex and opposite sex domestic partners.

Family Events sponsored by Genentech on a regular basis include Bring Your Daughters and Sons to Work Day and the Holiday Party.

Lifeworks Program counselors provide resources and referral services for adoption, elder care, child care, selecting a school, anticipating college finances, and child safety.

Nursing Mother's Rooms are provided throughout the corporate campus and Vacaville facility for new mothers who are nursing.

Financial/Savings
401(k) Trip+ Plan. You may defer up to 50% of your pay (subject to IRS restrictions) and Genentech will match up to 5% of the first 5% you contribute each year.

Banking. Personal banking is available at the on-site credit union SafeAmerica or at two on-site ATM machines.

Cellular phones for business or personal use from AT&T Wireless at special corporate rates!

Discounts are available for Disneyland, SeaWorld, SF Museum of Modern Art, the Santa Cruz Boardwalk, Marine World and free sneak-preview movie passes.

Donations between $25-$500 from employees to Genentech-eligible charitable organizations are matched annually.

Flexible Spending Accounts are available to lower taxable income by setting aside pre-tax dollars to pay for eligible child care and medical expenses not covered by our plan.

Genenmall is an online shopping service provided so you can order all of your lab and office supplies right from your computer desktop.

Genenstore sells many items such as company-logo clothing, book bags and mugs, as well as stamps and transit tickets.

Iced Tea is free in all cafeterias.

Java. Espresso is free with do-it-yourself machines conveniently located in most buildings. Coffee and a large assortment of teas are also free and available in all departments and cafeterias.

Legal Services. Discounted legal services, including unlimited telephone advice and office consultations, are offered through an extensive network of attorneys.

Life Insurance is an option available for you and your dependents, provided by the company. Employees may choose to purchase additional coverage.

Long-Term Care Insurance is available for you and your relatives through discounted payroll deductions.

Long-Term Disability is an option available for your income protection in the event you are disabled.

Roses. Fresh cut bouquets are sold at discount prices on Fridays in every lobby of the corporate campus.

Stock Purchase Plan. You may allocate up to 15% of your pay to buy company stock at 85% of its fair market value and have it automatically deposited into your brokerage account.

See's Candy. Discounts up to 31% on regular pre-packed items purchased at any See's Candy discount shop and a 26% discount on gift certificates are available to all Genentech employees.

Health/Fitness
Ergonomics specialists are available to evaluate your workstation and provide tools and equipment to ensure your workspace is ergonomically correct.

Flexible Credits are benefit dollars that can be used to offset the cost of healthcare, life insurance or disability plans.

Flu Shots are offered annually through Occupational Health Services.

Health Awareness. Genentech sponsors regular on-site health seminars to help employees achieve and maintain good health.

Medical Benefits. Genentech offers three medical plans, two vision plans, and two dental plans to choose from. Spouses, domestic partners, and children under age 19 (or age 25 full-time student) are covered under the plan you choose.

Occupational Health Services. On-site nurses provide flu shots, host blood drives, and support the occupational health of all Genentech employees.

Pet Insurance is available for you pet owners at reduced rates through convenient payroll deductions.

Weight Watchers. On-site programs are offered every ten weeks and Genentech pays 50% of the cost.

Working Out. Genentech pays the full cost of membership at our local full-service athletic clubs in South San Francisco and Vacaville and provides an annual gym allowance to those employees outside of these two locations. All field employees receive a credit towards a gym or health club.

Other Benefits and Services
Cafeterias, subsidized by the company, serve breakfast, lunch, and dinner, and offer take-home dinner entrees.

Casual Dress. Genentech's work environment is "dress down" every day.

Concierge Service is available for a reasonable fee to help you with a variety of personal errands.

Dinner Service and take-home dinner entrees are available in the cafeteria. Menus change weekly.

Film drop-off and discount developing is available on-site in the Genenstore.

Internal Transfer Process helps employees (who have been in their current position at least one year) look for career growth opportunities within the company.

Notary Services are provided free of charge and by appointment at the corporate campus.

Rewards and Recognition
Anniversary recognition awards for 3, 5, 10, 15, 20 and 25 years of service at Genentech.

Bonus. The Corporate Bonus Program supports Genentech's strong belief that employees should share in the Company's success and be rewarded for their contributions to Genentech's performance over the past year. The bonuses are based on bonus goals that reflect Genentech's achievement of key milestones in our Corporate Strategy and Long Range Plan.

GenenChecks are cash bonuses awarded to a team or individual when an extraordinary milestone is reached.

Rewards. The employee referral program awards $1,000 to the referring employee of a new hire.

Transportation
Bicycles. Campus bikes, known as "GenenClunkers," are available for on-campus use.

Commuting Programs include car pools, van pools, and free commuter shuttle service from the South San Francisco BART and CalTrain.

Guaranteed Ride Home Program is offered by Security Services for emergency situations, as well as automobile jump starts and assistance if you are locked out of your car.

Transit Tickets for BART, Muni, and CalTrain are sold on campus in the Genenstore. Employees may also participate in the TransIT Program - Pre-tax Commute Program to purchase transit tickets.

Transportation. Free commuter shuttles provide transportation to and from the South San Francisco BART and the CalTrain station, while the campus shuttle transports employees around the corporate campus.

Vacations/Time Off
Holidays. Twelve paid holidays are offered per year, ten of which are scheduled and 2 floating days.

Leave of Absence may be provided for family care, maternity, medical conditions, parental care or personal leave.

Sabbatical of six continuous weeks, paid time off is earned after completing six years of service.

Sick Time. Short-term and long-term disability plans are available.

Vacation. Employees receive three weeks paid vacation per year.

Updated May 27, 2013