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Working At Covance

Zippia Score 4.4

Covance overview

Covance Inc. is a contract research organization headquartered in Princeton, New Jersey, providing nonclinical, preclinical, clinical and commercialization services to pharmaceutical and biotechnology industries. The company is owned by LabCorp and employs more than 50,000 people in over 60 countries.
The staff at Covance come from unusually diverse demographic backgrounds. The company is 51.8% female and 41.2% ethnic minorities. Even though it has great demographic diversity, Covance notably lacks in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 72.4%. Despite having coworkers who agree with each other about politics, employees at Covance tend to have relatively short tenures. Staff members usually stay with the company for 2.7 years. The average employee at Covance makes $74,152 per year. Pay at Covance is significantly lower than some of its highest paying competitors, like Novartis, Chiltern International, and Janssen, which pay $93,828, $91,732, and $89,705, respectively.
Covance is an industry leader with 50,000 employees and an annual revenue of $2.6B that is headquartered in Princeton, New Jersey.

The Organization’s Mission

Our mission is to bring new and innovative medicine to patients sooner.

Perks of Working at Covance

Covance provides employees the opportunity to work on interesting projects and encourages career growth. It also allows employees to work from home when necessary.

Industry

Pharmaceutical

Revenue

$2.6B

Employees

50,000

Founded in

1968

Headquarters

Princeton, NJ

Website

covance.com

Organization Type

Private

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The team at Covance

Key People
  • Deborah Keller (CEO)
  • John Ratliff (ceo)
The Inside Scoop
Covance Inc. is a global contract research organization recognized for being the world's most comprehensive drug development company. It has a team of professionals that are dedicated to advancing healthcare and delivering fast and innovative medical solutions to patients and healthcare providers. The company also offers laboratory testing services to the chemical, agrochemical, and food industries. It is also a market leader in central laboratory, toxicology, and discovery services.
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The Culture At Covance
Information provided by the company
Partner with and learn from supportive colleagues and industry leaders. Open up new opportunities for career growthReady to join us
Make a direct impact in the lives of patients. Partner with and learn from supportive colleagues and industry leaders.
Joining our team will offer you a rewarding career, an opportunity to work in a high-energy & collaborative workplace, along with access to comprehensive benefits. Your work will be meaningful, the patient outcomes are real, and the results are lasting. Our mission is to help our clients bring the miracles of medicine to market sooner.
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Covance attracts the kind of people whose drive and passion contribute in our exceptional growth. Once a part of our talented team, our employees stay at Covance to work in an environment that encourages career development, allows them to work alongside respected colleagues on challenging projects and provides a diverse global culture. There is no better time to join us!
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Covance's work in developing new pharmaceutical solutions has an incredible impact on millions of lives worldwide. Come join us & help us make a difference in improving health, improving lives for patients around the world.
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Covance Rankings

Covance is ranked #$16 on theBest Pharmaceutical Companies to Work For in New Jerseylist. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Covance Salaries

How much does Covance pay?
The national average salary for a Covance employee in the United States is $74,152 per year. Employees in the top 10 percent can make over $116,000 per year, while employees at the bottom 10 percent earn less than $47,000 per year.
8.9
Salary Score
Average Employee Earnings

Covance Salaries By Job Title

The average employee at Covance earns a yearly salary of $74,152 per year, but different jobs can earn drastically different salaries. Some of the job titles with high salaries at Covance are Study Director, Team Leader, Project Manager, and Biostatistician. A typical Study Director salary at Covance is $118,781. Some of the other roles at Covance are Customer Service Representative and Laboratory Assistant. A worker with the title Customer Service Representative at Covance earns an average salary of $30,162 per year.
RankTitleAverage
1
1
Study Director
Study Director
$118,781
$118,781
2
2
Team Leader
Team Leader
$108,199
$108,199
3
3
Project Manager
Project Manager
$107,442
$107,442
4
4
Biostatistician
Biostatistician
$106,488
$106,488
5
5
Applications Developer
Applications Developer
$103,718
$103,718

Covance careers

On average, employees at Covance stay with the company for 2.7 years. Employees most commonly join Covance after leaving Bristol-Myers Squibb. When they leave Covance, they most frequently get their next job at Pharmaceutical Product Development.

Average Length of Employment

Covance

2.7 years
Parexel2.6 years
Top Employers Before Covance
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Top Employers After Covance
Parexel8.1 %
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Covance Financial Performance

7.6
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1968

Organization type

Private

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Covance Competitors

Competitors of Covance include Novartis, Chiltern International, and Janssen. The wages at Novartis average higher than the other similar companies, where the median salary is $93,828 per year. The salaries at Chiltern International average $91,732 per year, and the salaries at Janssen come in at $89,705 per year.

Frequently Asked Questions about Covance

When was Covance founded?

Covance was founded in 1968.

How many Employees does Covance have?

Covance has 50,000 employees.

How much money does Covance make?

Covance generates $2.6B in revenue.

What industry is Covance in?

Covance is in the pharmaceutical industry.

What is Covance's mission?

Covance's mission statement is "Our mission is to bring new and innovative medicine to patients sooner."

What type of company is Covance?

Covance is a private company.

Who are Covance's competitors?

Covance competitors include Parexel, Pharmaceutical Product Development, Charles River Laboratories, inVentiv Health, United BioSource, ICON Development Solutions, Janssen, Bayer, Medpace, Quintiles Transnational, MDS Pharma Services, Sanofi Pasteur, Duke Clinical Research Institute, Ora, SmithKline Beecham Holdings, Chiltern International, Zoetis, Novartis, Medco Health Solutions of Texas, W. L. Gore and Associates.

Who works at Covance?

Deborah Keller (CEO)

John Ratliff (ceo)

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Zippia gives an in-depth look into the details of Covance, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Covance. The employee data is based on information from people who have self-reported their past or current employments at Covance. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Covance and its employees or that of Zippia.