Covance-Labcorp

Frequently Asked Questions about Covance-Labcorp Careers

Looking for more information about Covance-Labcorp, its products and services, and its work culture? Our comprehensive FAQs section has you covered. Explore a wide range of topics, including job opportunities, career development, employee benefits, and more, and get the answers you need to make informed decisions about your career.

What is Covance?

Covance is a contract research organization (CRO) that provides laboratory services to the pharmaceutical, biotechnology, and medical device industries. They specialize in clinical development, laboratory services, drug safety and consulting services. Covance has over 10,000 employees and 60 locations around the world.

What does Covance do?

Covance is a global contract research organization (CRO) that provides comprehensive drug development services to the pharmaceutical, biotechnology and medical device industries. Covance services include pre-clinical and clinical trial services, consulting services, laboratory testing and data management services.

What is the history of Covance?

Covance was founded in 1981 by former Princeton University professor and scientist Fred Cummings as a contract research organization (CRO) focused on providing preclinical drug development services. In 1989, Covance was acquired by Corning Incorporated and became a publicly traded company on the New York Stock Exchange. In 1996, Corning spun off Covance as an independent company. In the following years, Covance acquired several companies to expand its service offerings and geographic presence. In 2003, Covance was acquired by Laboratory Corporation of America (LabCorp) for $2.4 billion. In 2014, Covance was acquired by the global life sciences company, LabCorp. In 2017, Covance was acquired by private-equity firm, Hellman & Friedman. Today, Covance is a leading CRO providing drug development and clinical research services to the world’s largest pharmaceutical, biotechnology, and medical device companies.

What types of roles and opportunities are available at Covance?

Covance offers a wide range of roles and opportunities, including project management, clinical research, sales and marketing, business development, data management, laboratory services, finance and accounting, and IT. Additionally, Covance offers internship and apprenticeship programs, as well as professional development and training programs.

What is the recruitment process like at Covance?

The recruitment process at Covance typically starts with a resume and cover letter review. After this initial review, qualified candidates may be asked to complete an online assessment or complete a phone screening. If selected, an in-person interview may be scheduled. Depending on the position, some candidates may be asked to complete additional assessments or a reference check. Following the interview, the selection process may be completed and offers extended.

What is the Covance laboratory network?

The Covance laboratory network is a global network of specialized medical laboratories that provides a full suite of laboratory services and support to the pharmaceutical and biotechnology industries. The network supports pre-clinical and clinical drug development programs for drug companies, biotechnology companies and contract research organizations (CROs). Covance's laboratories provide a wide range of services, including clinical trial sample management, laboratory testing, biomarker analysis, drug metabolism and pharmacokinetic studies, immunogenicity testing and bioanalytical support.

What are the benefits of working at Covance?

Covance offers a wide range of benefits to its employees including: 1. Competitive salaries and bonuses 2. Comprehensive health insurance packages (including medical, dental, and vision) 3. Generous paid time off and holidays 4. Tuition reimbursement and professional development opportunities 5. Company-matched 401(k) savings plans 6. Flexible work schedules 7. Discounts on products and services 8. A commitment to diversity and inclusion 9. On-site fitness centers and wellness programs 10. A culture of innovation and collaboration

Is there a diversity program at Covance?

Yes, Covance has a global diversity and inclusion program that is designed to create a workplace culture where everyone is respected, valued and has the opportunity to contribute. The program includes training, recruiting, and developing local talent, creating a culture of inclusion, and promoting diversity and equal opportunity.

What types of training and development opportunities are available at Covance?

At Covance, we offer a variety of training and development opportunities to help employees reach their full potential. These include formal classroom and online training programs, on-the-job training, mentoring, and job shadowing. We also offer professional development seminars, tuition assistance and reimbursement, and access to external training programs. In addition, we provide certification programs, internships, and on-site seminars to help employees stay ahead of the curve.

Are there any special programs for employees of Covance?

Yes, Covance offers a variety of special programs for employees. These include career development, health and wellness programs, educational assistance, and employee recognition programs.

What types of rewards and recognition does Covance offer?

Covance offers a variety of rewards and recognition programs, including individual and team recognition, performance awards, employee of the month awards, and awards for special achievements. Employees may also be eligible for recognition programs such as service awards, special recognition for milestone anniversaries, and awards for exemplary performance. Covance also offers a variety of rewards such as gift cards, extra vacation days, and special discounts.

What is the dress code at Covance?

The dress code at Covance is business casual. This includes collared shirts, dress slacks or khakis and dress shoes. Denim is not allowed.

What is the work-life balance like at Covance?

Covance understands that having a positive work-life balance is important to its employees and encourages them to maintain a healthy balance. The company offers flexible working arrangements and other programs to help employees manage their personal and professional obligations. Additionally, Covance offers an Employee Assistance Program, which provides confidential counseling and guidance to help employees manage stress, life challenges, and other health issues.

What is the corporate culture at Covance?

Covance's corporate culture emphasizes collaboration, quality, respect, and integrity. Covance encourages its employees to think critically, challenge the status quo, and bring innovative ideas to the table. The company also values diversity, inclusion, and equity and strives to promote a safe and inclusive work environment for everyone. Covance also has a strong commitment to corporate responsibility and sustainability.

How can I apply for a job at Covance?

You can apply for a job at Covance by visiting their website and searching for available positions. From there, you can create an account and submit your application online. You can also sign up for job alerts to be notified of new openings as they become available.

What kind of career advice is available at Covance?

Covance offers a range of career advice for job seekers, from preparing for interviews and building a professional resume to networking tips and guidance on how to transition into a new field. In addition, the company provides a range of resources, including webinars and job search tools, to support career growth and development.

Are there any opportunities to work remotely at Covance?

Yes, Covance offers many opportunities to work remotely. They offer remote project management, sales, marketing, and customer support roles, as well as some laboratory-based roles.

What are the opportunities for career advancement at Covance?

Covance offers a range of career advancement opportunities, including promotions, transfers to different locations or departments, and leadership roles. Additionally, Covance provides employees with specialized training and development programs, mentorship opportunities, and career guidance. Employees can also take advantage of opportunities to attend industry conferences, participate in research projects, and gain experience in new areas.

How can I stay up to date with the latest news and developments at Covance?

The best way to stay up to date with the latest news and developments at Covance is to follow the company on its social media channels. Additionally, you can sign up for the Covance newsletter for updates on the company’s news, events, and services. Finally, you can also visit the company’s website for the latest news and information.

What type of support and resources are available to Covance employees?

Covance provides a wide range of support and resources for its employees. These include access to an extensive library of training and development materials, generous employee benefits, and an extensive employee assistance program. Covance also offers mentoring and career development programs, flexible work options, and a variety of discounts and perks. In addition, Covance offers a wide range of wellness and fitness programs, recognition programs, and a variety of other employee engagement activities.