Abbott Labs

www.abbott.com
Employer Engaged

Abbott Labs Reviews

Updated February 25, 2015
Updated February 25, 2015
165 Reviews
3.0
165 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Abbott Labs Chairman and CEO Miles D. White
Miles D. White
165 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

165 Employee Reviews Back to all Reviews

Sort: Popular Rating Date
  1.  

    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

    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 ManagementAdvice

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

    Recommends
    Neutral Outlook
  2.  

    Job at Abbott labs

    • 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

    Pros

    1. standard 8 hours work. On average once in a month weekend work.
    2. Nice benefits, like vacation, insurance, pension, flexible hours

    Cons

    1. Salary not great compared to Silicon Valley standard
    2. Growth slow for technical people.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Nice place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Engineer in Irving, TX
    Former Contractor - Engineer in Irving, TX

    I worked at Abbott Labs as a contractor (more than a year)

    Pros

    Good place to work. Good benefits and nice people to work with. Very nice atmosphere to work in, and you can save a lot of time during lunch with the cafeteria inside the building.

    Cons

    Management doesn't hold the correct people accountable for their actions. The people that have been there tend to do things the way they prefer and not according to protocol. So when things "Hit the fan", the wrong person will be used as the scapegoat.

    Advice to ManagementAdvice

    Hold the correct people accountable for their actions.

    Recommends
    Neutral Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Politics, politics, politics

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

    I worked at Abbott Labs (more than 5 years)

    Pros

    Industry-leading products, big budgets, and good benefits. If you keep your head down and follow the party line, you can survive for a long time and build up your resume with a blue-chip company.

    Cons

    People get and keep their positions only if they play the game - resulting in complete incompetence in key roles. Not a great place to hang onto your integrity.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  6. 1 person found this helpful  

    copywriter Abbott

    Former Contractor - Senior Medical Writer
    Former Contractor - Senior Medical Writer

    I worked at Abbott Labs as a contractor (more than a year)

    Pros

    Good to be a regular employee

    Cons

    Not so great to be a contractor

  7.  

    Not the Same Old Abbott

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

    I worked at Abbott Labs

    Pros

    Profit Sharing, Pension, opportunities in large company to transfer depts for new experiences.

    Cons

    Outsourcing IT, burn out IT employees, reducing benefits, not as much company growth since 90's and even less after AbbVie split.

    Advice to ManagementAdvice

    Keep a skeleton base of IT at Abbott. Outsourced areas have no vested interest in Abbott and response is weeks instead of hours. Quality of IT systems is also going down. Cost savings are being negated by more system bugs and much longer project timelines to get things done. When you have to fix something 3 times to get it right, no more cost savings. Get back to valuing employees instead of short term bottom line.

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

    Good

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

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

    Pros

    In the past - opportunities for growth

    Cons

    Currently - downsizing, lost many good people

    Advice to ManagementAdvice

    N/A

    Doesn't Recommend
    Negative Outlook
  9.  

    Challenging work. Moving forward, yet stifled by its own quality bureaucracy that adds unnecessary expense and time.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Research Scientist in Des Plaines, IL
    Current Employee - Senior Research Scientist in Des Plaines, IL

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

    Pros

    Reasonable pay. Low pay to start, but after 15-20 years here, you will be compensated competitively.

    The work-life balance is good in some business segments. If you are in a division that has double-digit sales growth, the pressure is normal workplace pressure, and therefore the work-life balance is good. If you move to a division that is not meeting its numbers, expect low morale, and long hours to make up for this.

    Abbott is a solid company, that has endured increasing business pressure for decades, and thrives by adapting to the changing business climate. Executive management do an outstanding job to move the company forward. They take into account all stakeholders (shareholders first, but keep employees in mind too). I respect the strategic moves the company takes.

    Company claims to encourage employee development, and I strongly believe that they are trying. There are some initiatives in place to foster change. However, Abbott can be its own worst enemy, in that it gets in the way of itself, with quality system that delays ideas and adds unnecessary costs to health care.

    Cons

    Benefits are solid, except for health care benefits. Abbott's health plan choices are surprisingly poor. For a health care company, I was surprised to find how poor our choices were, and how little coverage Abbott provides. The health plans do provide great routine and preventative care. However, if you experience even minor non-routine medical needs, be prepared to pay a lot out of pocket.

    If you are job seeker, and contemplating a job offer from Abbott, I would highly recommend doing through research into the health plans, health network (not very many choices), the weekly payroll deductions, and the out-of-pocket charges you will incur for health coverage before taking the job. While health insurance should be one of many factors in considering a job, I advise you to concentrate on this benefit with Abbott. I have been pleased with all the other Abbott benefits, but I am still surprised how little Abbott provides, when compared to other companies, across many industries. I've been pleased with my career here, but due to Abbott's poor health plan, poor network, and significant expenses due to the low coverage on the plans - I have began a job search. I find that I can no longer work for a company that provides cut-rate health insurance, with few options for its employees.

    The quality management system at Abbott is crushing to development, innovation, and timely execution. Of course, everyone expects high quality products, every time - and I believe this is a must. However, the way Abbott has set up its quality system adds unnecessary time to every step of development. Be prepared to take 1 step forward, and 2 steps back when trying to come up with improvement. When trying to get approval, quality managers will simply say "No", without providing a "why" or provide feedback on how or where to improve. The quality system here seems to feed on itself, simply creating more jobs, more bureaucracy, more expense - but not improving the process in any manner. Be prepared to expect long delays, very slow changes, and lots of resistance to innovation and improvement.

    Advice to ManagementAdvice

    The quality system simply needs to become lean. It is bloated with bureaucracy that stifles ideas, and prevents development and change. Yes, quality products and results are a must for any business to win. However, Abbott must change its quality system to become lean, efficient, and nimble. It cannot survive, if it continues to allow such largess in quality departments and quashing of new ideas and innovation.

    When evaluating health care benefits, ASK your employees directly. Look for direct feedback. Don't simply "announce" the new plans and leave employees guessing why cuts are being made.

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Abbott - Lake County

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

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

    Pros

    A wonderful pharma company globally. Personal growth is encouraged. Due to regulations dependent on position, module training is mandatory. Decent time-off policies and normal perks.

    Cons

    Work-life balance is dependent on manager's needs. Will take advice from auditing company on overages of budgets, regardless of human impact.

    Advice to ManagementAdvice

    Bring in new outside talent to backfill positions within organizations and be transparent in communications.

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Engineer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Quality Engineer in Temecula, CA
    Former Employee - Quality Engineer in Temecula, CA

    I worked at Abbott Labs full-time (more than 3 years)

    Pros

    Benefits, strong company name to have on resume, low stress if you just want a job.

    Cons

    Advancement opportunities, beauracracy and slow moving projects, locations, little incentive to excel.

    Recommends
    Neutral Outlook
    No opinion of CEO

Abbott Labs Photos

Work at Abbott Labs? Share Your Experiences

Abbott Labs

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.