Abbott Labs Reviews

Updated March 31, 2015
110 reviews filtered by
  • Abbott Park, IL
  • Any Job Title

110 Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful

    Abbott Labs contractor vs full time.

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

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

    Pros

    If you can get a full time position at Abbott Laboratories you are set for life.

    Cons

    If you are just a contractor you will not be treated the same as employees.

    Advice to ManagementAdvice

    Stop firing everyone.

    Recommends
    Negative Outlook
    Disapproves of CEO
  2. Not Abbott Anymore

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

    I have been working at Abbott Labs full-time (more than 5 years)

    Pros

    Good benefits. Great for gaining experience.

    Cons

    After the split with Abbvie there is no where to move up. Took all the opportunities away. So concerned about being lean -- some staff don't have the time to breathe.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3. Tech Accountant

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

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

    Pros

    Company offers good benefits -nothing special compare to some other companies; 18 day vaca, 7sick days for non exempt, 401K match, tuition reimbursement. You must work July 4th depending on the department. They have great nutritionist available for all employees.

    Cons

    I was part of a Consolidations group in the corporate finance and I have to say it was a very difficult group to work for. No training, no development, sucky management. If the managers like you then your life at work is great, if they don't then you have horrible experience like I did. Favorism is a huge part of management at Abbott - all across the board. Very resistant to any changes, lots of bitter old women that don't like to incorporate any changes, and ideas you have get shot down, they don't even want to listen to suggestions. Comments like "Check your stupidity" are on daily bases. The company is going thru restructuring after spin off and people are scared for their jobs. Morale is very low, no motivation, you just go there to work and that's it. You sit in the cube most of the day with very little interaction with others. My team had deadlines that would never be met because management kept extending them and during reviews they would blame analysts for not meeting deadlines. Their monthly close is 11 workdays which is extremely long. People say Abbott is a great place to work for, but I've been there for 16 months and I hated it since day one because of management. I've worked with a woman that was there for 23 years and didn't want to share knowledge and every time I asked her to explain something to me she pretended she didn't understand what I was talking about and always answered "I'm not sure, I don't know the answer to that". There are only few good divisions at Abbott that people enjoy working for like Nutrition but corporate finance is not one of them. My manager was so unprofessional and very fake which is a normality at Abbott. She would always talk badly about other employees in front of her group. You never hear "Great Job" and there is a lack of encouragement to do better. I got goals for year 2012 during my review in 2013 which was a joke. They have this "onboarding" process for new employees that doesn't exist. Manager don't take development seriously so don't count on having great reviews. They only promote their favorites.

    Advice to ManagementAdvice

    Allow innovation and incorporate change. Allow younger generation to provide suggestions and take them seriously.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Abbott was a great place to work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Contractor - Lotus Notes Administrator in Abbott Park, IL
    Current Contractor - Lotus Notes Administrator in Abbott Park, IL

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

    Pros

    Good company. Solid business foundation.

    Cons

    There are no real cons for Abbott as far as I am concerned.

    Advice to ManagementAdvice

    Keep up the good work you are doing.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 1 person found this helpful

    Good place to work but a bit slow

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

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

    Pros

    Steady financials, good pay and benefits, many job opportunities, good work-life balence especially with young kids

    Cons

    Culture is slow on decisions and actions. Hierarcal, don't expect to make decisions

    Advice to ManagementAdvice

    Focus on changing the culture after the split, not expanding

    Recommends
    Neutral Outlook
    Approves of CEO
  7. 1 person found this helpful

    Good place to learn and build skills

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

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

    Pros

    Good peer interaction
    Able to take additional responsibility
    Ok benefits with pension
    Reasonable work hours

    Cons

    Sr Managers and above have very poor skills both personal and professional.
    Management breeds and encourages mediocrity.
    Many conflicting priorities

    Recommends
    Negative Outlook
    Disapproves of CEO
  8. A Great Place to Work

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

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

    Pros

    Company values centered in the patient
    Nice work environment and enjoyable people to work with
    A company interested in Diversity and Inclusion

    Cons

    None that I can think of

    Advice to ManagementAdvice

    Keep up the good work!

    Recommends
    Positive Outlook
    Approves of CEO
  9. Not a bad place

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

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

    Pros

    Benefits, company growth, a great balance of people

    Cons

    too many lay offs made job hard to feel secure

    Advice to ManagementAdvice

    Be more people involved

    Recommends
    Neutral Outlook
    Disapproves of CEO
  10. Finance Intern Experience

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

    I worked at Abbott Labs as an intern (less than a year)

    Pros

    Provide interns with tons of opportunities and perks such as dinners, tours and more

    Cons

    Years of experience doesn't matter if its not within Abbott

    Recommends
    Neutral Outlook
    Approves of CEO
  11. 1 person found this helpful

    Great Company, Home Grown Management not very diversified in thought however..

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

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

    Pros

    Great benefits, slow and steady growth and lots of opportunities for career diversification. Not across divisions necessarily, but within your division.

    Cons

    Senior Management is not very inventive. Very risk averse culture in general. Mostly Abbott lifers that have managed up well, but aren't necessarily cutting edge business managers.

    Advice to ManagementAdvice

    The health care environment is changing rapidly. The culture needs to be fluid and decision making needs to be less hierarchical. Giving up some decision making power would be a start. Sharing more vision with the masses would be an additional idea.

    Recommends
    Neutral Outlook
    Approves 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.