Abbott Labs Reviews
Updated Feb 11, 2012 – Reviews are posted anonymously by employees.
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Company Rating Based on 228 ratings Employees say it's "OK" |
CEO Rating
Based on 151 ratings
Chairman and CEO |
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| 41–50 of 228 Abbott Labs Reviews | Sort by |
Pros
Challenging, exposure to multiple therapeutic areas
Cons
Politics, poor management, too conservative
Advice to Senior Management
Figure out how to recognize and promote talented individuals
Pros
stability and advantages were great pros for company
Cons
resturctures and mergers created more of a pressured enviornment
Pros
Work life balance. Good benefits. Nice people.
Cons
Cold weather in chicago. Far from the city.
Advice to Senior Management
none.
Pros
Large company with a somewhat stable employment.
Cons
Being so large the company is slow to react to changes.
Advice to Senior Management
Be more flexible.
Pros
Helpful co-workers, quality experience, ability to work at own pace
Cons
problems exist between management goals and production realities, leading to lost time/ unachieveable expectations
Advice to Senior Management
more structured management of interns
Pros
Good salary. Decent training opportunities.
Cons
Promotions are scarce. Lack of employee enthusiasm.
Advice to Senior Management
Better define process to get promoted.
Pros
Strong commitment to patient care.
Cons
Strengthen some of the career paths for advancement.
Advice to Senior Management
Strengthen the ability for employees to pursue career opportunities within the various subdivsions.
Pros
Opportunities to learn the business and transfer to other areas.
Cons
Not the company it used to be. Director levels don't know the job or have leadership anymore, but are good at filling out reports.
Advice to Senior Management
The good middle management has been squeezed out and this makes for a week leadership at a time of greater competition.
Pros
Benefits
Profit Sharing
Small family feel
In depth knowledge of niche market
Good managed care training
Very reasonable working hours
Cons
Senior management vision resulted in poor product launch resulting in various sales force reductions.
Aging product turned smaller and smaller bonuses.
Weak pipeline.
Medicare 'bundling'
Job description and responsibilities constantly change and increase.
Specialty injectable salespeople not utilized to their best qualities.
Specialty injectable sales force eventually reduced to office based capsule sales.
Advice to Senior Management
SPIFFS and career advancement was not potent enough to warrant motivation.
Frequent sales direction changes and ineffective product launch weakened confidence.
Injectable business was the steak and capsule sales was the sizzle.
Bonuses dried up while responsibilities increased.
Pros
great benefits...great medical and dental...cash profit sharing is awesome right before Christmas
Cons
lots of politics not rewarding employees equally
Advice to Senior Management
don't make promises you know you can't keep. Reward your best sales reps or you will lose them.

