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Working at PacBio

Zippia Score 4.7

Overview

JobsSalaryRevenue

Reviews

DemographicsCompetitorsCEO & Executives

PacBio overview

Industry
Biotechnology
Revenue
$128.3M
Headquarters
Menlo Park, CA
Employees
400
Founded In
Organization Type
Public
Social Media
Pacific Biosciences designs, develops, and manufactures sequencing systems to resolve genetically complex problems. Its single molecule real-time (SMRT) sequencing technology enables single molecule real-time detection of biological processes. Pacific Biosciences offers PacBio RS II and Sequel Systems that conducts, monitors, and analyzes single molecule biochemical reactions in real time. It also provides consumable products, including SMRT cells, as well as various reagent kits, such as template preparation, binding, and sequencing kits. Pacific Biosciences' customers include research institutions; commercial laboratories; genome centers; clinical, government, and academic institutions; genomics service providers; pharmaceutical companies; and agricultural companies. It markets its products through a direct sales force in North America and Europe, as well as primarily through distribution partners in Asia, the Middle East, and Latin America. Joseph Bonventre and Stephen Turner founded Nanofluidics in 2000 that laterbecame Pacific Biosciences. Its headquarters is in Menlo Park in California.
The staff at PacBio come from unusually diverse demographic backgrounds. The company is 35.5% female and 58.0% ethnic minorities. Despite its diversity in other areas, PacBio employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 84.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. PacBio has great employee retention with staff members usually staying with the company for 3.4 years.The average employee at PacBio makes $93,409 per year, which is competitive for its industry and location. Some of its highest paying competitors, Personalis, Vertex Pharmaceuticals, and Illumina, pay $102,719, $95,952, and $94,044, respectively.
Based in Menlo Park, CA, PacBio is a medium-sized health care company with 400 employees and a revenue of $128.0M.

PacBio's Mission Statement

To enable the promise of genomics to better human health. We empower you to see the whole picture to reveal the full potential of the genome. We strive to miss nothing, so that you can do anything.

1.0/5

PacBio employee reviews

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Job openings at PacBio
31 Positions
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Average salary at PacBio
$93,409 yearly
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PacBio employee reviews

PacBio employee reviews
1.0/5

Based On 1 Ratings

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Employee Reviews
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1.0
A zippia user wrote a review on Apr 2024
Cons of working at PacBio

1.They believe they can increase their sales of products to the target audience of research labs and scientists by investing in organizing concerts and paying off celebrities/singers, followed by laying off their technical workforce. (Basic marketing skills in question.) 2. There is less focus on adopting DEI initiatives. 3. Layoffs occur every six months. 4. Upper management exhibits nepotism towards people from the Bay Area (headquarter) more than the San Diego office, leaving no scope for innovation. Middle management doesn't do a good job to advocate for individual contribution to the upper management. If you are from San Diego you have to work harder than from Menlo Park office to get visibility. 5. Middle and some people in upper management will walk by you without greeting back, even if you try to smile and greet them. Initially, I thought it might be a cultural thing, but observing them interact with direct reports only and not with people below them indicates that they have a vertical hierarchy in place.

Pros of working at PacBio

Cutting edge technology but I worry to be in the hands of wrong and incapable management.

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The team at PacBio

  • The founders of PacBio are Stephen W. Turner and Joseph Bonventre.
  • The key people at PacBio are Christian O. Henry, Stephen W. Turner and Joseph Bonventre.
Key People
Christian O. Henry
Stephen W. Turner
Joseph Bonventre

PacBio Rankings

PacBio is ranked #78 on the Best Health Care Companies to Work For in California list. 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.

Read more about how we rank companies.

PacBio salaries

The average a PacBio salary in the United States is $93,409 per year. PacBio employees in the top 10 percent can make over $157,000 per year, while PacBio employees at the bottom 10 percent earn less than $55,000 per year.
Average PacBio Salary
$93,409
yearly
$44.91 hourly
Updated March 14, 2024

Rate PacBio's commitment to diversity and inclusion.

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PacBio diversity

9.6
Diversity Score
We calculated PacBio’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of PacBio’s workforce.
PacBio diversity summary. Zippia estimates PacBio's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated PacBio's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of PacBio's workforce.
  • PacBio has 400 employees.
  • 35% of PacBio employees are women, while 65% are men.
  • The most common ethnicity at PacBio is White (42%).
  • 27% of PacBio employees are Asian.
  • 20% of PacBio employees are Hispanic or Latino.
  • The average employee at PacBio makes $93,409 per year.
  • PacBio employees are most likely to be members of the democratic party.
  • Employees at PacBio stay with the company for 3.4 years on average.

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PacBio Financial Performance

9.0
Performance Score

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

PacBio currently has 128.3M in revenue. PacBio's most recent quarter produced 55.7m (q3'2023).

PacBio annual revenue

$131M
$104M
$78M
$52M
$26M
$0
2017
2018
2019
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2022

Highest paying PacBio competitors

Compare PacBio salaries to competitors, including Personalis, Vertex Pharmaceuticals, and Illumina. Employees at Personalis earn the highest average yearly salary of $102,719. The salaries at Vertex Pharmaceuticals average $95,952 per year, and the salaries at Illumina come in at $94,044 per year.
RankCompanyAverage SalaryJobs
1Personalis$102,71910
2Vertex Pharmaceuticals$95,952372
3Illumina$94,044134
4AgaMatrix$89,4141
5Sanofi Genzyme$84,49544
6Medical Device Company$81,2845
7Caliper Life Sciences$81,0300
8Alnylam Pharmaceuticals$81,01450
9Intellia Therapeutics$79,97530
10Medimmune$78,5400
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Updated March 14, 2024

Zippia gives an in-depth look into the details of PacBio, including salaries, political affiliations, employee data, and more, in order to inform job seekers about PacBio. The employee data is based on information from people who have self-reported their past or current employments at PacBio. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 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. None of the information on this page has been provided or approved by PacBio. The data presented on this page does not represent the view of PacBio and its employees or that of Zippia.

PacBio may also be known as or be related to PACIFIC BIOSCIENCES OF CALIFORNIA, INC., PacBio, Pacific Biosciences, Pacific Biosciences of California Inc, Pacific Biosciences of California Inc. and Pacific Biosciences of California, Inc.