Abbott Labs Reviews

Updated April 23, 2015
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3.0
174 Reviews
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Abbott Labs Chairman and CEO Miles D. White
Miles D. White
77 Ratings

174 Employee Reviews

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  1. Senior Buyer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Buyer in Santa Clara, CA
    Former Employee - Senior Buyer in Santa Clara, CA

    I worked at Abbott Labs full-time (More than 8 years)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Flexible hours, Great people, Nice environment, Supports work/life balance, Employee services

    Cons

    Outsourcing departments, always changing, lack employee value, regular lay offs, Communication

    Advice to Management

    Abbott was an American company - manufacturing and Finance needs to stay in the USA.

  2. Project Manager

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

    I worked at Abbott Labs

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Nice pay, nice people, challenging work flexible hours (depending on position).

    Cons

    Flexible hours (any and all, depending on position). You will encounter ladder climbers that prefer to crush you. If you don't play the "game" well - just step aside.

    Advice to Management

    Do better at walking the talk that gets put into magazines.

  3. Good compensation package, but a stressful place to work.

    • 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 (More than 10 years)

    Neutral Outlook
    No opinion of CEO
    Neutral Outlook
    No opinion of CEO

    Pros

    Offers both a pension and employer contributed 401K, ample opportunity for skill development

    Cons

    Glass ceiling, too many executive super egos, work/life balance on paper only, layoffs several times a year

    Advice to Management

    Employees are not going to be happy simply because you order them to be happy.

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  5. Great learning Experience

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

    I worked at Abbott Labs

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Great people, benefits, environment and culture

    Cons

    Lack of planning for projects.

  6. Senior Sales Analyst

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Abbott Labs full-time

    Pros

    friendly, there is a lot of growth

    Cons

    sometimes boring and not much change

  7. Excellent career opportunities; lack of loyalty to employees

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

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

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Abbott provides excellent opportunities for career growth; employees can switch business units - which is like changing companies but without starting over with benefits programs, e.g., vacation time. Abbott provides industry standard benefits for all levels and good long-term benefits (e.g., retirement plans, stock-options) for better positions.

    Cons

    Abbott has been shrinking its US domestic manufacturing operations for the last decade. This has resulted in elimination of many US positions - many of which were filled by people who had dedicated their career to the company and were nearing retirement age.

    Advice to Management

    When the Abbott workforce is finally shrunken to the 'right size', be very cautious in adding additional permanent positions. Since the company has shown that it is no longer dedicated to its employees, the employees have also lost their culture of dedication to the company.

  8. Helpful (1)

    going downhill

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

    I have been working at Abbott Labs

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    it's a job vs a career

    Cons

    outsourcing and profits are the trend, do less with more

    Advice to Management

    take care of your people

  9. Rewarding and frustrating at the same time

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

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

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    The people I work with are friendly, competent, and hard-working. The benefits package (health care, 401k) is one of the best I've ever encountered.

    Cons

    Overtendency to downsize and leave too few people to do the work. Very little opportunity for growth or advancement. There seems to be a caste system to how the company treats its divisions (some divisions are better treated than others).

    Advice to Management

    Have adequate headcount for the tasks at hand. Offer more opportunities to train for different positions within the company. Treat each division equally.

  10. Purchasing management are hard and critical even though they don't know the details of the jobs. Impossible workload

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

    I worked at Abbott Labs

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

    Pros

    Salary & benefits are competiitive

    Cons

    Management tries to manage people by fear and intimidation. Very little communication from management. Management doesn't listen to ideas from employees.

    Advice to Management

    Start listening to people. Good people have left because of the harsh management styles.

  11. Current Employee

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

    I have been working at Abbott Labs

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Base compensation can be very good if you negotiate it well up front. Benefits are also very nice.

    Cons

    Work/Life balance is difficult at times.

    Advice to Management

    Listen , listen, listen! You have very talented people who understand the market and customer VERY well!

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