Novartis Institutes for BioMedical Research

Novartis Institutes for BioMedical Research is Novartis' global research organization and is committed to discovering innovative medicines that cure disease and improve human health. By conducting more relevant and predictable drug discovery that can yield new and better medicines for patients, Novartis Institutes for BioMedical Research is redefining drug discovery in the post-genomic era.

Over the past four years, Novartis Pharmaceuticals has had the greatest number of new molecular entities approved by the US FDA. With its broad focus on diseases for which there is a need for better medical therapies, and with over 3,000 talented, dedicated research scientists worldwide, Novartis Institutes for BioMedical Research is well-positioned to ensure Novartis maintains its strong pipeline and highly successful track record in new drug discovery.

Novartis Institutes has sites in Cambridge, Massachusetts (headquarters); Basel, Switzerland; Horsham, UK; East Hanover, NJ; Vienna, Austria; Tsukuba, Japan and Emeryville, California. Novartis Institutes' Cambridge facilities encompass 950,000 square feet of laboratory and office space. Research in cardiovascular disease, oncology, infectious disease, diabetes, ophthalmology and muscle disease is headquartered in Cambridge. In addition, Cambridge is home to the following platform technologies: Global Discovery Chemistry, Functional Genomics, Developmental & Molecular Pathways, and Models of Disease Center.

In order to attract and develop an exceptionally talented and committed staff, Novartis Institutes for BioMedical Research offers an innovative and comprehensive benefits package, including healthcare, insurance, savings, retirement, and work/life benefits.

Benefits

Novartis Institutes for BioMedical Research, Inc. (NIBRI), offers a comprehensive benefits package that includes health care and insurance benefits as well as savings, retirement and work/life benefits.

Health Care

NIBRI offers a comprehensive selection of health plans ranging from traditional indemnity to point-of-service to HMOs at low cost. None of our medical plans have pre-existing exclusion clauses. They fall into three categories:

• Point of Service or POS (managed care option that requires a primary care provider to manage care)
• Preferred Provider or PPO (managed care option that does not require a primary care provider)
• Consumer Driven (NIBRI allocates a specific amount to a health savings account and the employee decides how to spend healthcare dollars)

NIBRI also offers:

• Dental Plans: Employees have a choice between a managed care option or a preferred provider option
• Vision Service Plan (network plan with out-of-network reimbursement)

Pension

NIBRI offers both a defined contribution 401(k) plan, as well as a defined benefit Pension Equity Plan.

• 401(k) Plan:
o monthly employer match
o 100% immediate vesting

• Pension Equity Plan
o 100% employer paid
o 5 year vesting

Income Protection

• Company Paid Life, Accidental Death & Disability, and Business Travel Accident Insurance
• Company paid short-term and long-term disability plans
• Supplemental life and disability insurance is offered
• Long-term Care Insurance
• Survivor Income Protection Insurance

Work/Life

• Tuition Reimbursement
• Adoption Benefit
• Dependent Care Account
o NIBRI contributes a percentage each year for child or elder care
• Legal/Financial Benefit
o Free access to attorney’s and financial planner under plan
• Employee Assistance Program and Life Event Management
o 100% employer paid counseling and referral services


Time Off:

• 15 days vacation (pro-rated in year of hire)
• 12 paid holidays
• 5 paid personal days
• 3 paid days for bereavement, paternity leave and adoption leave
• maternity leave
o 4 weeks before due date, 6 weeks after (or 8 weeks if caesarian)
• Employees can qualify for unpaid leave after 3 months of service