Abbott Vascular

  www.abbottvascular.com
  www.abbottvascular.com

Abbott Vascular Reviews

Updated December 9, 2014
Updated December 9, 2014
158 Reviews
2.6
158 Reviews
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Abbott Vascular Chairman & CEO Miles D. White
Miles D. White
81 Ratings

Review Highlights

Pros
  • Many employees enjoy work-life balance, but that may not be consistent across the company (in 10 reviews)

  • The pay and benefits are pretty good (in 8 reviews)


Cons
  • No work life balance for majority - especially the Sr Analysts supporting regional sales (in 12 reviews)

  • Many and many temp employees are much more knowledgeable than the full time employees (in 6 reviews)

More Highlights

25 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    Menlo park.. just terrible

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

    I worked at Abbott Vascular full-time (more than an year)

    Pros

    Young coworkers who are friendly. Good healthcare and pension plans. Product is interesting and complex.

    Cons

    Bullying behavior from directors & managers. Directors promote their best friends, friends and wives to management positions that they can't handle and are not qualified for while telling everyone else they can't progress. Lots of people left due to how poor their new managers were. Abbott laid off or fired nearly all of the evalve folk within 2 years of acquisition- there were only 3 evalvers left 2 years later. Turnover is sooo high, dozens and dozens of engineers left this year, most leaving because of how poorly run and paid the place is.

    Advice to ManagementAdvice

    Take a serious look at your behaviors and hiring/promotion policies. There are real reasons while people are so unhappy. Because management are a close (and closed) circle people are afraid of giving honest feedback about their boss to his best friend.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Witless Wonders

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

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

    Pros

    Decent restaurants and shopping close by, Old Town Temecula is close enough to visit during a lunch break. That's about it.

    Cons

    Management totally sucks. The biggest bunch of witless worms led by an unethical slug and his progeny that consist mainly of ineffective paranoid brown-nosers. Rats, (as in rodents), frequently are spotted in the administrative buildings and are addressed without any sense of urgency. As are gas leaks. With frequent and regular large layoffs, morale is low and any good people that remain are in the process of jumping ship. Abbott picked up a perfectly good, functioning company, implanted their management and drove it into the ground. As there is no longer any R&D, there is no future. Don't bank on picking up new companies to save them as they aren't any good at integrating them into the quality system.

    Advice to ManagementAdvice

    Buy one-way tickets on Richard Branson's shuttlecraft and take a long space walk without a suit.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Once a great company but now a horrible place

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

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

    Pros

    AV offers a somewhat competitive salary, 401K and a company funded pension. The products are quality products that improve or save lives.

    Cons

    Losing in both Coronary and Endovascular
    No clear strategy. Employees just do as told so the best ideas based on the best marketing intelligence are often not executed
    So many personnel changes in the last few years. Senior Level/High Salary employees were laid off to reduce salary payouts. The beginning of the end started when a few key senior leaders were let go. A lot of sleeping around and associated drama in the organization. "Drama!!!"

    Advice to ManagementAdvice

    A good product will not sell itself. You will continue to fail if you continue to treat your employees bad and penalize employees that give honest feedback. You need to balance the new extreme "finance focused" leadership with motivational leadership. Employees stay and work hard and/or stay, slack and then leave, primarily because of leadership. My guess you will continue to remain arrogant, continue to reduced headcount and continue to beg for quarter end sales bulks to meet your sales projections. Enjoy the roller coaster.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5. 1 person found this helpful  

    Good Ol' Boy Network

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

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

    Pros

    Not much besides a steady paycheck.

    Cons

    If not part of the good old boy network, your SOL. Mgt is clueless in this current health care environment-only strategy is to bulk products in to the cath labs @ qtr end. Other than that they have no clue. Can't believe Miles White is clueless when it comes to vascular mgt & how inept they all are.

    Advice to ManagementAdvice

    Clean house of upper mgt/area sales directors & stop paying millions for worthless companies. ie IDEV....

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 1 person found this helpful  

    Menlo Park California Facility Review

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

    I worked at Abbott Vascular full-time

    Pros

    Sufficiently resourced with people to do what needs to get done.

    Abbott Vascular in Temecula has laid of more than half its employees (2000+) in recent years. Abbott in Redwood City, about 2 miles from Menlo Park is transferring the entire facility production to Ireland. Despite plenty of skilled workers, Abbott Menlo Park continues to sponsor people from Ireland to fill the best facility positions.

    In order to sponsor someone for employment from another country, you have to establish a deficit of workers in the United States qualified to fill the position. With 2000+ laid off in Temecula, and relocating the entire facility that is a few miles away from Menlo Park (the Redwood City facility), there is plenty of internal / US based talent to fill the positions available in Menlo Park. If you post a position for 'Plant Manager', 'Manufacturing Engineer', 'Manufacturing Engineering Manager' or any of the positions which have been filed through sponsorship, you will get dozens of applications of qualified medical device professionals. The upper management of the facility prefer to hire their own people from Ireland because it improves their own position in the company. This can be considered an 'agency cost', which the exponential increased cost incurred by large company due to the difficulty in effectively monitoring for detrimental behavior of it's employees.

    The management has facilitated sponsorship of their girlfriends and spouses and put them in key positions for which they are unqualified. Audit findings have found that many of them have been promoted to positions they have no experience in and are out of compliance with QS Regulations regarding qualified resourcing. Some of these employees have been removed from their positions due to lack of qualifications. I have a little Irish blood in me so I considered this a Pro :P I'm just kidding here, but in all seriousness this is not a Pro.

    Cons

    About a year ago the management decided to stop 2nd shift production and only have 1st shift production. Not only did all of the 2nd shift have to rearrange their lives to start work at 5am, but their pay was also cut by 10%. Many of the employees receiving pay cuts had no knowledge or statement in their employment contract that mentioned that they were receiving a 10% benefit for working 2nd shift (a preferred shift by most employees). Many employees had recently left other positions to come to Abbott only to show up to their new job and receive a 10% pay cut within a month or 2 and be told that they would have to be into work at 5am. The reason employees were told that 2nd shift was being cut was due to demand, yet no layoff occurred, only a shift of employees to 1st shift and almost no attrition.

    Within 6 months, management decided that they had made a mistake and reopened the 2nd shift saying that there had been an increase in demand, again disrupting the lives of all of its employees for reasons that provided no benefit to the company. Demand forecasting did not support the loss or increase in demand for the product.

    Advice to ManagementAdvice

    Start updating your resumes.

    Doesn't Recommend
    No opinion of CEO
  7.  

    Alpharetta office is atrocious

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Abbott Vascular

    Pros

    Pay was OK. They bring in lunch a lot but that's so you will eat at your desk & work through your lunch hour. They have cereal & beverages stocked in the break room for free, which is great for those days you have to work 10,11 hours.

    Cons

    No work life balance for majority - especially the Sr Analysts supporting regional sales. They create work where there shouldn't be any. They try to make you work 80 hour work weeks. The only ones who don't work that are the ones that have been there for years & are pets - those are few & far between. Make a minor mistake on your PowerPoint for price council & you'll get chewed multiple times at multiple levels while the pets or truly terrible analysts make hords of errors & management just gives an eye roll at best. Then, the long timers come in & out as they please. Some of the analysts they think are good are actually quite horrible so I'm not sure why they get away with the things they do - I guess because they are the only ones who stay? Management is terrible & the environment is mentally abusive, repeat horribly, horribly mentally abusive. No one is happy at this place & turnover is very high. Their Coronary & Endo products are stagnant & the sales team is resting on their laurels. Vascular will go out of business. The field sales reps are some of the most abusive men & women you will ever have the displeasure if working with. With their spray tans & fake hair extensions - my god what a hot mess. They talk down to the inside people & treat them like dogs. They will expect you to stay until 11pm to get their price council slides done, while they knock off early to go to ball games & spend their $300k plus salaries. Jokes on them as the majority have horrible personal relationships because of the job & are also miserable people.

    Advice to ManagementAdvice

    Go work elsewhere - this isn't your forte, you are not good at your jobs & you only use your position to exert power over people & that's it. Live your very small, insignificant lives & let others live theirs - happily. You clearly do not care about the companies success or you'd take a long look inward for improvements & look for ways to care for & motivate people. There's a reason why people rate the greatest companies in America as great places to work.

  8.  

    Poor Business Decisions

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

    I worked at Abbott Vascular

    Pros

    Competitive Pay & benefits. Knowledgeable people.

    Cons

    Terrible work-life balance.
    No tele-commuting.
    Results rewarded with greater workload.
    Device industry is retracting
    Innovation deficient / risk averse.
    Cliquey/old boy's network.

    Advice to ManagementAdvice

    Figure out your resourcing needs.
    Worked here for a short amount of time; hired with competitive salary. Was laid off shortly after being hired in a company-wide layoff. Months before laying off 30-40% of your Menlo Park office, new head-count kept coming in for a device that wasn't going anywhere financially. Rather than paying out severance packages and effectively closing a site, HR and upper management should have done their homework to figure out resourcing needs.

    The company lacks innovation...
    ...as evidenced by the fact that innovative products don't go anywhere. There's no incentive for a large company such as this to stick its neck out and do new things; the medical community needs x# of product, and the company delivers just that... and nothing more in the realm of ground-breaking technologies. It's simply too large and top-heavy, with the current management structure, to take effective risks and push the envelope in science.

    The company is EXTREMELY risk averse and so processes go in circles to double and triple verify things (resulting in bloated headcount in quality and complaints), leaving minimal $ and resourcing to reinvent the company as something that can meet new/unmet needs and patient populations.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9. 2 people found this helpful  

    Mayday ... Mayday ... we're going down (IT Department Review)

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

    I worked at Abbott Vascular

    Pros

    Great coworkers
    smart management
    plenty of parking space
    it was a good place while it lasted, now it's being prepared for final closing or at least a major downsizing.

    Cons

    Cycle after cycle of lay-offs, there is almost no one left there except very few employees, a whole lot of bosses, and some contractors. The full time employees org chart looks like an upside down pyramid where there are more bosses than workers.
    The people still working there have to pick up the responsibilities of those who left in addition to their own, which is almost impossible to accomplish after few lay-offs.
    Abbott Corporate is dissecting this whole company and sending the work overseas where it's cheaper, it's just matter of time before they close down the whole site.

    Advice to ManagementAdvice

    none, sorry, no free advice.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 1 person found this helpful  

    The compensation and benefits may not be worth it.

    • 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 Vascular full-time (more than 10 years)

    Pros

    The pay and benefits are pretty good. This is a good company for professionals who want to gain experience in the medical device industry and then move on. Many employees enjoy work-life balance, but that may not be consistent across the company.

    Cons

    The company lacks vision and strategy, but manages to be successful in spike of that. I am unimpressed with the management team across multiple functional areas, especially at the VP level. Management is top-heavy throughout the organization. The morale is generally poor, likely caused by frequent employee lay-offs and poor management. The culture is quite hierarchical so if you don't mind just doing what you are told to do, you may not mind the culture.

    Advice to ManagementAdvice

    It starts at the top.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  11. 3 people found this helpful  

    One of the worst companies I've worked for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Quality Engineer II in Menlo Park, CA
    Current Employee - Quality Engineer II in Menlo Park, CA

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

    Pros

    The Pros are few, but there are some:
    There is a great network of engineers in their twenties who make life bearable. High turnover means you will get responsibility faster than in other environments.
    Being part of a larger company means cash keeps flowing in the hard times.

    Cons

    Middle management is weak and inexperienced
    Pay is poor, circa bottom 20% for the area
    Culture is poor, people universally feel overworked, underpaid and under-appreciated. I've never worked somewhere where so many people hated their jobs.
    Recent layoffs in 01/14.
    Due to the above turnover extremely high (>50%)
    Organization is propped up by contractors and visa workers

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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