Foundation Medicine, Inc.

Why Foundation Medicine, Inc. IS A MOST LOVED WORKPLACE®

Systemic Collaboration

EMPLOYEES COLLABORATE THROUGHOUT OUR COMPANY BY …

Collaboration is exemplified through #gratitude, our rewards program that allows employees to recognize peers who demonstrate one of our core values. Celebrating successful collaboration in real-time fosters a culture of belonging. 

Our annual Hackathon encourages collaboration by bringing together diverse groups who wouldn’t otherwise work together to solve real problems. The winning teams get an opportunity to implement their ideas at Foundation Medicine. 
  
We also collaborate with pharmaceutical companies developing targeted therapies, advocacy organizations ensuring patients understand their treatment options, and researchers working alongside us to make progress in oncology.

Positive Vision of the Future

EMPLOYEES AT OUR COMPANY HAVE A POSITIVE VISION FOR THE FUTURE BECAUSE …


To connect our employees to our mission, we invite patients to our Town Halls to share how our tests have impacted their care journeys. This creates a ripple effect across the company, showing firsthand the immeasurable impact on patients’ lives. 
Our “Our passion is personal” initiative showcases employees with photographs of their loved ones who are facing or have faced cancer; these photos are displayed in our buildings, on our employee intranet, and across our social media channels. With most people experiencing cancer in some way, this personal approach helps employees understand the importance of their work.

Company Respect

WE SHOW RESPECT AND ENSURE THAT ALL VOICES ARE HEARD AND IDEAS ARE VALUED THROUGHOUT THE COMPANY BY …

Our office of Diversity, Equity and Inclusion helps foster a culture of respect through four pillars of belonging:  

1) Bold and inclusive leadership
2) Cultural competence
3) Courageous conversations, and
4) Efficacy of belonging

Last year, we published our first DE&I annual report to track progress and hold ourselves accountable.  

Our Leaders Live series amplifies important topics, such as unconscious bias, by inviting renowned leaders to dialogue with a Foundation Medicine leader. 

Our “Compliance and Ethics Week” reminds employees about our corporate commitment to do the right thing at all times. We also offer a 24/7 Say Something Hotline. 

Company Support / Killer Outcomes

WE SUPPORT OUR EMPLOYEES IN ACHIEVING THEIR PROFESSIONAL AND PERSONAL GOALS BY …

Our Performance Management program, MyPath, supports and guides employees along their unique career development path throughout each year.  Together with their managers, employees set goals for individual objectives and key results (OKRs), with regular check-ins, concluding with a meaningful year-end conversation centered on the individual’s engagement and wellbeing, achievements, and compensation.  

Our uLab program offers workshops in career growth, strategic thinking, adaptivity and resilience, behaviors of inclusion, and more.  
Our People Manager Development Program includes critical competencies, assessments, forums, tools, resources, and experiential learning programs intended to develop and enable the best people managers in Life Sciences.  

Alignment of Values

OUR COMPANY’S VALUES ARE ALIGNED WITH OUR EMPLOYEES BECAUSE …

Our community is bound by these four core values that guide our work toward improving our patients’ treatment journeys:
– Collaboration reminds us that we do our best work when we do it together.  
– Innovation is at the heart of our work to advance patient care, and our commitment to researching the best options for our patients led to over 100 new publications last year. 
– Our work is driven by a Patients-first mindset, as their wellbeing is at the forefront of everything we do.  
– Passion is the most important trait we look for when hiring new employees, as we strive to build our culture around people who care about our work as deeply as we do.  

We weave all four of these values into our daily workflows so that they are tangible and evident in everything we do. 

Company Practices / Love

PROGRAMS AND PRACTICES WE GIVE TO OUR EMPLOYEES THAT CREATE A LOVED WORKPLACE ARE …

Our employees are highly engaged with our work and community – through our ANDEngage way of working, we offer employees a chance to grow with us, build a deep sense of connection to their work and their colleagues, and bring their whole selves to work.  

We are very proud of the culture we’ve built at Foundation Medicine and are dedicated to continuing to find new ways to promote belonging within our employee base so we can do our best work and truly transform cancer care. 

CEO Strengths

OUR CEO SERVES AS A MODEL OF OUR COMPANY VALUES BY …

Brian, a radiation oncologist, brings a personal touch to his role as CEO. Having witnessed the despair of patients firsthand, is committed to improving the reports oncologists receive. Through his insights, the company has made significant innovations in EMR integrations and digital offerings.   
Brian’s dedication and passion shines through in his actions, such as joining our overnight shift to understand their experiences and regularly hosting CEO Meetups with small groups of employees.  
He even opted to have his office located with our lab teams in Cambridge, MA to be closer to the work being done there.  

Benefits

EXAMPLES OF UNIQUE BENEFITS, BONUS, OR COMPENSATION WE PROVIDE ARE …

Our company prioritizes employee wellbeing. Lyra, our latest mental health benefit, extends to employees’ families and has significant traction.

We also offer a generous parental leave policy. 
Our focus on internal growth through promotions and internal job moves is unique, with a high (25% two years in a row). 

We encourage employees to take at least one week of vacation each quarter and offer a week off during the holidays.
Our sabbatical program is available to employees after six years.
Additionally, we offer a long-term incentive through our parent company, Roche, and provide personalized Total Rewards statements for each employee. 

Our Certifications

See what we've been awarded.

Top 100 2021
TOP 100
2023
Certified Company
Certified
2023

About the Company

Foundation Medicine is a pioneer in molecular profiling for cancer, working to shape the future of clinical care and research. We collaborate with a broad range of partners across the cancer community and strive to set the standard for quality, scientific excellence, and regulatory leadership. Our deep understanding of cancer biology helps physicians make informed treatment decisions for their patients and empowers researchers to develop new medicines. Every day, we are driven to help our partners find answers and take action, enabling more people around the world to benefit from precision cancer care.

Company Headquarters

Headquarters location:

150 Second Street
Cambridge, MA

Company Headquarters

Industry:

Biotechnology

Company Headquarters

Company CEO's name:

Brian Alexander

Company Headquarters

Number of employees:

1001 - 10000

Life in our company

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