Abbott Labs

www.abbott.com

Abbott Labs Reviews

Updated October 13, 2014
Updated October 13, 2014
641 Reviews
3.4
641 Reviews
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Abbott Labs Chairman and CEO Miles D. White
Miles D. White
391 Ratings

Review Highlights

Pros
  • Promote work-life balance but sometimes performance review go the other direction (in 46 reviews)

  • Pay is good, offer good benefits for Permanently employed employee's (in 54 reviews)


Cons
  • not that good work-life balance; not good interaction between departments (in 18 reviews)

  • As a large company, innovation and creativity is stifled a bit (in 15 reviews)

More Highlights

73 Employee Reviews Back to all reviews

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  1.  

    Excessive tiered management; lousy IT department and infrasturcture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Engineering in Milpitas, CA
    Current Employee - Engineering in Milpitas, CA

    I have been working at Abbott Labs full-time (more than 8 years)

    Pros

    They will tallow you to facilitate a work life balance. Good. benefits.

    Cons

    Poor intranet and very fragmented access to benefits online. While it is great to have a 401k, FSA and other benefits the ability to reliably access them is equally important. This ability is nil. The ALEC credit union is a perfect example. Horrendous accessibility.

    There also seems to be a very laxed attitude regarding FDA compliance. As long as ‘nobody gets hurt’ non-compliance issues are swept under the rug.

    Advice to ManagementAdvice

    Modernize your IT infrastructure. Bone up on ISO 13485

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    Not the greatest company to build a serious career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Abbott Labs full-time

    Pros

    Above-average benefits. Pretty good work-life balance except during crunch time.

    Cons

    This is not a great company to learn management skills or to develop a career except at the highest levels. Lower and middle level managers are encouraged to maximize the raw actionable work that their reports are able to do, but not to help develop skills and careers. I have not seen a more disillusioned, discouraged, cynical set of employees who are stuck in their jobs with no opportunity to move anywhere and no opportunity to change anything. This company rewards steady work and punishes innovation at an individual level.

    This is a big slow stodgy company that has acquired and built up many smaller business units who are forced to accept this style of management. Unfortunately, resources are allocated and projects are developed as if these individual business units were startup companies, leaving a culture that has the worst of both worlds: The immovableness of a corporate bureaucracy, and the impossible leanness of a startup. The benefit of being in a larger company is the amount and scope of resources available to complete projects, but because the business units are all managed separately and independently, this scope is unavailable and therefore many teams are on their own. The result is that everybody has to reinvent the wheel. What's more, managers are punished for NOT doing this. Asking questions and soliciting feedback from other groups is a sign of weakness and is actively discouraged. My recommendation for anyone who wants to have a serious career in their chosen field as either a contributor or a non-executive level manager is to do your stint, build up your 401(k) a little bit, and then leave before the culture corrupts you.

    Advice to ManagementAdvice

    I don't know enough about upper management to make a comment. They are virtually invisible.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3. 1 person found this helpful  

    too many indecisive, clueless middle/senior managers/directors, they care for their bonus more than your career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Quality in Chicago, IL
    Current Employee - Quality in Chicago, IL

    I have been working at Abbott Labs full-time (more than 10 years)

    Pros

    good benefits, average salary (compare to other multinational companies), couldn't think of more

    Cons

    - every division and even departments work in silos, people think abbott is a large multinational company but in fact it is a mere combination of silos each work on their own budgets and initiatives. It sometimes amazed me how they can actually put their acts together.
    - promotion is nearly impossible unless you are part of the old boys club or happen to fall on the statistical requirements that our CEO wants. Image is everything, but not science or innovation.
    - managers with direct reports don't know how to manage people, they are just another project manager tracking status of peoples goals and projects. Good people managers are severely lacking in this company
    - too many MBAs, even jobs on the technical/scientific track can be replaced by someone with MBA degree. That's why there hasn't been any in house discovery break through since Kaletra. Our CEO can keep shopping around, this is only a short term stop gap measure. But wait, he spun out discovery as a new company in favour of stock performance to please those wall street grease balls. I think this is the end of the Abbott legacy.

    Advice to ManagementAdvice

    Image is not everything, take care of your good people and they will take care of the company. It was like this back then, but things have changed and everything is just metric driven and incentive driven.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5.  

    Down Ward Spiral

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Abbott Labs

    Pros

    Unlike 5 to 10 years ago, there in no realy good reason to work here.

    Cons

    Unless you are in the PDP program or someone's pet, there are no promotions.
    The only people who get any sort of training are in management.

    Advice to ManagementAdvice

    Come clean, what is really going on with this company?

  6.  

    How Long Will I Have A Job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Manager in Abbott Park, IL
    Current Employee - Manager in Abbott Park, IL

    I have been working at Abbott Labs full-time (more than 10 years)

    Pros

    Benefits are good. Vacation and sick time. Retirement and stock retirement.

    Cons

    Not knowing if you'll be part of the next round of lay offs. Back stabbing dishonest management. Used to be one of the best places to work within the area, now the tension in the work place is so bad you could cut it with a knife. It's a terrible feeling not having a sense of job security because a consulting firm hired by the company has basically made employees feel they have no value to the company. We're just numbers, not people.

    Advice to ManagementAdvice

    Be truthful and honest. Management have no morals or ethics when it comes to dealing with people.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  7. 1 person found this helpful  

    Not a good place to build up experience in today's competitive market.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Financial Analyst - ISSG in Lake Bluff, IL
    Former Employee - Senior Financial Analyst - ISSG in Lake Bluff, IL

    I worked at Abbott Labs full-time (less than a year)

    Pros

    Recognizable company that has proven it can withstand the test of time. Job security

    Cons

    Due to the size of the company, most employees area of focus (silo effect) is very small. If you are the type that wants to build a resume and aggressively explore opportunities outside of Abbott in the future, do not stay here long.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Excited to start,but not a great experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Field Service Engineer in Pittsburgh, PA
    Current Employee - Field Service Engineer in Pittsburgh, PA

    I have been working at Abbott Labs full-time (more than 3 years)

    Pros

    Large fortune 100 company. Many nice people willing to help you out. Dallas, Texas headquarters, need I say more?

    Cons

    Your performance is measured against a lot of metrics much of which is out of your control. Company is performance driven by by these arbitrary metrics. Hospitalization is expensive, and coinsurance is as well. The training is terrible, and you will be left hanging in front of customers as you learn how to fix instruments on the fly. Typical corporate culture, focus is strictly on earnings and shareholders. Your everyday tools are outdated, especially your handheld device to close calls. You'll spend many hours needlessly waiting on software.

    Advice to ManagementAdvice

    Upper management is out of touch, many with no experience in the field. Ditch all the metrics that can be manipulated and ask the people in the field what is needed and works best. Solve instrument issues, build a box with quality in mind.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9.  

    It used to be a good place, until Miles took over.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - St Manager in Abbott Park, IL
    Former Employee - St Manager in Abbott Park, IL

    I worked at Abbott Labs full-time (more than 10 years)

    Pros

    Great benefits
    Average pay
    Good opportunities to move to a different area
    Heavy emphasis on career development

    Cons

    Bureaucracy bureaucracy, bureaucracy.
    Ridiculously long hours. Leave on time and everyone makes you feel guilty

    Advice to ManagementAdvice

    Time for Moles to move on.

    No opinion of CEO
  10. 2 people found this helpful  

    Totally doomed

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - GIS
    Current Employee - GIS

    I have been working at Abbott Labs (more than 8 years)

    Pros

    It was a great place before the split and AbbVie took all the $.

    Cons

    Soon to outsource 60% of IT overseas.

    Advice to ManagementAdvice

    Don't do it?

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Good benefits but terrible corporate culture. Something out of the 1950's

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Financial Analyst in North Chicago, IL
    Former Employee - Senior Financial Analyst in North Chicago, IL

    I worked at Abbott Labs full-time (more than 5 years)

    Pros

    Good benefits
    Good severance package
    Still has a pension not many companies offer that anymore
    Great opportunity to travel even though they have Telepresence which no one uses as many old time employees can barely use a computer.

    Cons

    Terrible corporate culture
    Not much progress for advancement. You probably have to wait for someone to die to be promoted.
    Employees spend more time sucking up than actual work, which is how to get promoted.

    Advice to ManagementAdvice

    Rather than downsize the Indians get rid of the Chiefs. Too top heavy but I guess you know that but as a courtesy Sharks don't eat Sharks.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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