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What Is Syneos Health: Everything You Need to Know

What Is Syneos Health: Everything You Need to Know

You’ve likely heard of Syneos Health, the formidable biopharmaceutical services organization that’s been making waves since its formation in 2018. Combining Contract Research Organization and Contract Commercial Organization capabilities, they’ve established a robust global presence. However, you might be wondering, what exactly sets this company apart in the competitive biopharmaceutical industry? Let’s embark on a journey to explore the ins and outs of Syneos Health, its culture, opportunities, and the impact it has on those who are part of its expansive team.

Understanding Syneos Health

Syneos Health is a biopharmaceutical services organization that was established from the merger of InVentiv Health Incorporated and INC Research in 2018. It operates globally with more than 27,000 employees scattered across over 110 countries, making it a significant player in the biopharmaceutical services industry. The organization is a combination of Contract Research Organization (CRO) and Contract Commercial Organization (CCO) capabilities.

It has a broad global footprint, with operations in North America, Asia Pacific, Europe, the Middle East, Africa, and Latin America. The corporate headquarters is located in Morrisville, North Carolina.

In the fiscal year of 2022, Syneos Health reported a total revenue of $5.4 billion. This revenue was generated from various practice areas including clinical development, commercialization, and consulting.

History of Syneos Health

Syneos Health was established in 2018 from the merger of InVentiv Health Incorporated and INC Research. This strategic merger combined the expertise of two prominent entities in the biopharmaceutical services sector.

Syneos Health is recognized for three notable characteristics:

  1. It’s the only fully integrated biopharmaceutical consulting firm, providing uninterrupted service to its clients.

  2. The company employs over 27,000 individuals, offering both research and advisory services through a diverse range of expertise.

  3. Syneos Health maintains a global presence, operating in over 110 countries with 88 offices.

These facts indicate that Syneos Health has carved out a significant role in the industry, providing comprehensive, contemporary services.

Career Opportunities at Syneos Health

Syneos Health is a significant player in the biopharmaceutical industry, providing a range of career opportunities in various fields such as communications, consulting, and deployment solutions.

In communications roles, employees concentrate on conveying the company’s mission and values to a wide-ranging audience.

Consulting positions at Syneos Health enable individuals to utilize their expertise to address current healthcare market scenarios and contribute to viable solutions.

Roles in clinical research and deployment solutions focus on the effective delivery of vital treatments, thereby enhancing patient accessibility to innovative therapies.

Syneos Health fosters a work environment that promotes learning and development, diversity, and inclusion. The company also provides comprehensive rewards for its employees, presenting a conducive environment for career growth in the biopharmaceutical industry.

Internship Programs at Syneos Health

Are you considering a career in the biopharmaceutical sector? Syneos Health offers internship programs that provide practical experience in various departments such as clinical development, commercialization, and consulting. As an intern, you’d work with professionals, gaining insights into practical clinical solutions.

Interning at Syneos Health presents several benefits:

  1. Access to real-world projects in the biopharmaceutical industry.

  2. The chance to work with experienced professionals in the industry, which could enhance your knowledge and skills.

  3. Possibility to transition into full-time roles, contingent on performance.

Exploring Syneos Health’s Culture

Examining the culture at Syneos Health, it’s based on central principles such as Accountability, Trust, Collaboration, Innovation, and Professional Advancement.

The company shows a commitment to diversity and inclusion, aiming to cultivate an inclusive atmosphere for all employees. Employee Resource Groups are in place to promote the integration of diverse groups within the organization, encouraging unity and mutual respect.

Syneos Health’s approach to diversity is active, as evidenced by the implementation of the People Pillar goal, which aims to enhance diversity in leadership positions. The company’s efforts have gained recognition, with Syneos Health being listed in Bloomberg BusinessWeek’s ’50 Companies to Watch’ in 2017.

Therefore, it can be said that Syneos Health’s culture is more than just a collection of values, but rather a practice engrained in their operations.

Navigating a Syneos Health Interview

While preparing for an interview with Syneos Health, it’s vital to understand the company’s mission and values. As a multinational company heavily involved in the pharmaceutical and healthcare industry, Syneos Health operates in a complex and dynamic environment.

Here are three main points to consider for your interview:

  1. Demonstrate your knowledge of clinical development services and current market trends. As Syneos Health is a leading company in the sector, showcasing your awareness of these areas could be beneficial.

  2. Discuss your capability to adapt and function in a global organization. With operations in over 110 countries, Syneos Health values employees who can navigate the challenges of a global workplace.

  3. Highlight your understanding and support for diversity and inclusion. These principles are integral to the core values of Syneos Health. Showing that you share these values could enhance your interview.

Salary Expectations at Syneos Health

The salary expectations at Syneos Health vary considerably depending on your role and level of experience. Salaries generally fall within the range of $60,000 to $150,000 per year.

For those in the early stages of their career, the annual salary could be approximately $50,000. Over time, and with commitment, it’s possible to progress to senior roles such as Director or Vice President, where the salary can exceed $200,000 per year.

In addition to the base salary, Syneos Health’s compensation package can include bonuses, benefits, and performance incentives. However, these salary expectations can differ based on factors such as location, department, and performance reviews.

The Impact of Working at Syneos Health

Being an employee at Syneos Health means being part of a diverse and inclusive work environment that emphasizes learning and career development. This environment fosters collaboration and innovation, and it provides support for your growth in the medical affairs and integrated biopharmaceutical solutions domain.

The impacts of working at Syneos Health are as follows:

  1. There are various career paths available in the areas of communications, consulting, and deployment solutions.

  2. The company offers a competitive total rewards package which acknowledges your efforts and contributions.

  3. Syneos Health offers internal development programs, which aid in your professional growth within a supportive workplace.

Therefore, working at Syneos Health can be a valuable experience for those looking to advance their careers in the biopharmaceutical industry.

Conclusion

So, you’re considering Syneos Health? Good choice! With a rich history, diverse culture, and a wide range of career and internship opportunities, it’s a great place to grow.

Expect a challenging interview, but remember, it’s all part of the journey. Salaries are competitive, and the impact you’ll make in the biopharmaceutical industry is immeasurable.

So why wait? Jumpstart your career with Syneos Health today.