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Merck's history can be traced back to Darmstadt, Germany in 1668 and a drug store purchase by Friedrich Jacob Merck. The company was passed down over several generations and eventually built up into a chemical-pharmaceutical factory. A New York branch of the company was the first set up in the United States in 1891 and was confiscated in 1917 during World War I. The independent company that was then setup was overseen by George W. Merck who had overseen germ-warfare research for the United States.
A Canadian subsidiary was created in 1965 with the acquirement of Charles E. Frosst Ltd., a branch which is only recently being closed. Shares reached their highest point in 2007 at $60.77 and then trended down to $20.05 by mid 2009. Merck then initiated a merger with Schering-Plough. Merck's stock has been trending downward along with other pharmaceuticals due to the recent healthcare reform,
Today, Merck operates in 120 countries with 31 factories worldwide. While the company's German counterpart employs half as many people in half as many countries, American Merck is one of the seven top pharmaceutical companies globally.
Merck states they are dedicated to diversity, integrity, ethics, and “preserving and improving human life” as a pharmaceutical company. The company claims to celebrate diversity by promoting programs which not only aim at hiring people from diverse backgrounds, but offer them the tools and avenues for continued success.
Positions at Merck for professionals or new graduates are available in research and development in areas such as biologics research, vaccine research, and therapeutic areas. Other opportunities at Merck include Sales and marketing, information technology, finance, human resources, communications, policy and philanthropy, and legal. Merck also has a Sigma team which focuses on project management, business results, customer requirements, process mapping, lean concepts and tools, data collection and analysis, and solutions.
Benefits offered at Merck are offered to be competitive and valuable. Merck focuses on total compensation which includes base pay, incentive pay, and long-term incentives. The company also offers health and wellness benefits which include medical, prescription drug, vision, and dental coverage and health and dependent care accounts. Also included in their benefits package are paid vacations, a holiday schedule, flexible work arrangements, education assistance and scholarship programs, employee assistance programs, fitness and wellness centers, day care centers, employee and matching gift programs, corporate discounts, and referral services to resources for personal issues. Beyond health, Merck also offers financial well being packages which include savings and 401(k)s, pensions, financial planning, insurance, and banking services.
Merck & Co., Inc may have jobs available now. Click here to see them.
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