Abbott Labs

  www.abbott.com
  www.abbott.com

Abbott Labs Jobs & Careers in Redwood City, CA

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18 days ago

Principal Software Systems Engineer

Abbott Labs Sunnyvale, CA

Responsible for compliance with applicable Corporate and Divisional Policies and procedures. - Leads project teams designing products, processes… Ivy Exec


20 days ago

SENIOR REGULATORY AFFAIRS SPECIALIST

Abbott Laboratories Santa Clara, CA

As an individual contributor, the function of a Senior Regulatory Affairs Specialist is to provide support for the regulatory department to ensure… Abbott Laboratories


18 days ago

Senior Principal Electrical Engineer

Abbott Labs Milpitas, CA

Responsible for compliance with applicable Corporate and Divisional Policies and procedures. - Provides strategic focus and technical leadership in… Ivy Exec


18 days ago

SENIOR STAFF SCIENTIST/MANAGER

Abbott Labs Santa Clara, CA

Abbott is a global healthcare company devoted to improving life through the development of products and technologies that span the breadth of… Ivy Exec


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Abbott Labs Chairman and CEO Miles D. White
Miles D. White
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  1. 1 person found this helpful  

    No company is perfect...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Section Manager in Redwood City, CA
    Former Employee - Section Manager in Redwood City, CA

    I worked at Abbott Labs

    Pros

    Abbott Labs has above average benefits including medical, dental, vision, and flex spending. They offer a pension plan and 401(k) retirement plan plus company matching with no vesting period. From the 1st day of employment, all vacation days (prorated, up to 3 weeks) for that year will be given, instead of having to slowly accrue them. Additional to the compensation are the annual profit sharing and an incentive plan for the technical/upper level folks. Stock options are given for upper level folks. If relocation is required for a current employee, the relocation department takes care of all aspects of the move. There is a corporate tuition reimbursement program for relevant coursework leading to a degree/certificate, provided that a minimum grade is achieved. Most departments have enough money in the budge to send employees to various training classes. With many divisions, it is easy to transfer across departments and gain a wide array of knowledge across its many businesses.

    Cons

    From my experience, managers were more interested in project goals and deadlines than the career development of their subordinates. Inspirational and sharp general managers are rare. Each division and site operate as its own company, so the company culture can be varied throughout. Typical salary is only average, and annual merit increases average 2-3%. Those percentages are set by corporate and sometimes may not take into account the typical merit increase of the local market. If hired at the low end of the pay scale, it is difficult to justify a raise to be equitably paid compared to others within the company.

    Advice to ManagementAdvice

    Senior management needs to be more aware of the obstacles facing those below them and not be afraid of elevating issues upward, instead of sugar coating problems in front of even higher management. That way, they can help allocate additional resources to those of us dealing with problems on a daily basis.

    No opinion of CEO

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