100 Best Companies to Work For 

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7. Genentech
Genentech
Financials: Latest Results
Rank: 7 (Previous rank: 5)
What makes it so great?
The biotech leader continued to resist a takeover by shareholder Roche; it also implemented retention bonuses and severance ranging from 18 to 52 weeks' pay for anyone terminated after a merger.
Headquarters: 1 DNA Way
South San Francisco, CA 94080
2007 revenue ($ millions): 11,724
Website: www.gene.com
Employees  
U.S. employees 10,969
Employees outside U.S. 9
Jobs  
New jobs (1 year) 529
% job growth (1 year) 5%
% voluntary turnover 5%
Applicants 199,810
No. of job openings (as of Jan. 13, 2009) 585
Pay Avg. annual pay*
Most common job (salaried):
Clinical Specialist
$112,202
Most common job (hourly):
Sr. Mfg. Technician-BioProcess
$68,228
Benefits  
Paid sabbaticals Yes
Onsite child care Yes
Health  
100% health-care coverage No
Onsite fitness center Yes
Subsidized gym membership Yes
Work-life  
Job sharing program Yes
Compressed workweek Yes
Telecommuting Yes
Diversity  
% minorities 44%
% women 51%
Has nondiscrimination policy
that includes sexual orientation?
Yes
Offers domestic partner benefits
for same-sex couples?
Yes
Professional training  
Salaried employees (hrs./yr.): 28
Hourly employees (hrs./yr.): 26
From the February 2, 2009 issue
Notes:
N.A.: Not available. U.S. employees includes part-timers as of time of survey. Job growth, new jobs, and voluntary turnover are full-time only. Revenues are for 2007 or latest fiscal year. All data based on U.S. employees.
* Average annual pay: yearly pay rate plus additional cash compensation for the largest classification of full-time salaried and hourly employees.
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