Abbott Labs Reviews

Updated April 27, 2015
212 reviews filtered by
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3.4
212 Reviews
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Abbott Labs Chairman and CEO Miles D. White
Miles D. White
141 Ratings

212 Employee Reviews

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  1. Chemist II

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

    I have been working at Abbott Labs

    Recommends
    Recommends

    Pros

    Great work environment. Very nice people. Love the fact they have day-care onsite.

    Cons

    They do A LOT of contract jobs with extensions.

  2. Finance

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

    I worked at Abbott Labs

    Pros

    Excellent place to work good benefits, Salary etc.

    Cons

    bureaucratic at times long hours around deadlines etc.

    Advice to Management

    None

  3. Analyst

    Current Contractor - Human Capital Analyst in Abbott Park, IL
    Current Contractor - Human Capital Analyst in Abbott Park, IL

    I have been working at Abbott Labs as a contractor (Less than a year)

    Pros

    Treated very fairly in the organization, respected just like a full time employee during my contract. Trusted to do the work with minimal supervision

    Cons

    Organization has a lot of compartmentalization that they are working on to break down these barriers and advance team work levels

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  5. 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.

  6. Great company

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

    I have been working at Abbott Labs full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Very ethical in business. Very good to employees. Actively support career aspirations, and offer training freely. Mentorships are recommended. People are treated well individually, with respect.

    Cons

    None really. You get out of it what you put in. Hard work and engagement are rewarded. I have no problems with the company.

    Advice to Management

    Try to find faster methods for program progress. Some of the routine training on LERN did not apply to the work being done.

  7. Great opportunity to grow your career and skill set; watch out for the self preservers that will try to derail you.

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

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

    Recommends
    Neutral Outlook
    Disapproves of CEO
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    Many promotional and cross-functional opportunities. Salary was great for the Chicagoland area. I would say in the 75 percentile in industry.

    Cons

    Politics galore. Management by fear while managing up like a saint. Self agendas run rampant unfortunately. Company does well in spite, so the behavior lives on.

    Advice to Management

    Stop the cycle....Because Miles as CEO manages you abusively doesn't mean you have to do the same down the chain. Be a leader and change the culture instead of justifying it.

  8. 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.

  9. Overall great company to work for. Lots of bright individuals with a lot of passion for their work

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Company pride and culture is overall very good. Good people who care about what they do and provide to customers.

    Cons

    Like all very large and complex organizations the quality of the leadership can vary. No worse than any of the others

    Advice to Management

    Continue caring about employees and the employee will continue to care and grow the business.

  10. Great company fantastic benefits

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Technical Specialist in Crystal Lake, IL
    Former Employee - IT Technical Specialist in Crystal Lake, IL

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Campus style life great on-site cafeterias great bosses open door policy

    Cons

    Long hours and not much family work balance expect to work some mandatory weekends

    Advice to Management

    Spend time with your employees

  11. 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.

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