Abbott Labs
3.5 of 5 514 reviews
www.abbott.com Abbott Park, IL 5000+ Employees

Abbott Labs Reviews

Updated Apr 15, 2014
All Employees Current Employees Only

3.5 514 reviews

                             

79% Approve of the CEO

Abbott Labs Chairman and CEO Miles D. White

Miles D. White

(327 ratings)

71% of employees recommend this company to a friend
514 Employee Reviews
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Review Highlights

Pros:
  • "Positive work life balance for moms of small children"
    in 37 reviews
  • "Pay and benefits were really good"
    in 20 reviews
Cons:
  • "Good work-life balance, good benefit, well-organized"
    in 12 reviews
  • "Large company with a slow bureaucratic administrative paperwork that can be overwhelming"
    in 14 reviews
  • Show more review highlights

Reviews

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  • Approves of CEO

 

Best In Class Internship

Anonymous Employee (Current Employee)

I have been working at Abbott Labs

ProsExtremely structured program. Ability to network with upper and lower management across multiple organizations. Great look into company functions.

ConsIntern experience varies based on assigned project manager. Sometimes you get lucky with your pairing, other times you get a crappy manager.

Advice to Senior ManagementHave prepared assignments for interns and set aside time to debrief after meetings and answer interns questions.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Dir

Director (Former Employee)
Chicago, IL

I worked at Abbott Labs full-time for more than 8 years

ProsGreat leadership and the products are first class

ConsNone, I enjoyed myself, contributed, learned a great deal and significantly enhanced my abilities and management / leadership qualities.

Advice to Senior ManagementKeep it going, the stock is doing well

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Good experience at internship

General Business Intern (Former Employee)
Chicago, IL

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

ProsI was given a lot of responsibility. Team was small and valued my input. My manager was a mentor to me. Hours were good. Social activities planned for interns were engaging.

ConsLack of clarity around getting offer for full time opportunities in marketing.

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Don't stay

Anonymous Employee (Former Employee)

I worked at Abbott Labs for more than 10 years

ProsGood for gaining some experience but I would not stay long. The benefits and pay are good compared to other industries but if you stay for a long time you will eventually be underpaid compared to your peers at other healthcare companies.

ConsVery political culture. Had many poor managers. Was there for over 25 years and was let go because I was close to retirement age...which is a cost to them. They do not value employees being there for a long time.

Advice to Senior ManagementAdvancement people based on performance and integrity. It is all about who you know and if you are in the "club".

No, I would not recommend this company to a friend

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A company who treats employees like gold!

Coordinator (Current Employee)

I have been working at Abbott Labs full-time

Pros-Great health benefits
-Promote from within
-Comfortable pay
-Company rewards and recognizes individuals
-Long lasting company over 100 years in the industry

Cons-Relocation is a must if you want to advance your career
-Industry changes has created a few re-organizations and lay offs
-Conservative Corporate Culture, this can be good or bad, but sometimes it feels like the company is uptight

Advice to Senior Management-Abbott's mentality is that in order to grow, you must have worn every hat. Not every person is cut out for every role. Tap into your employees' strengths and take advantage of what they can do best and bring to the table
-Offer better chances for promotion outside of Headquarters

Yes, I would recommend this company to a friend

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Yesterday's drugs at tomorrow's prices

Sales (Former Employee)
Chicago, IL

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

ProsGreat group of people to work with in the field

ConsNot sure what happened in the home office. Big time lawsuit that they didn't divulge until after accepting offer. Charges were eventually cleared and then bought by co-sponsor Takeda.

Advice to Senior ManagementHave a plan.

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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Good company with healthy environment but old systems.

Senior Financial Analyst (Current Employee)
Lake Forest, IL

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

ProsGood working environment.
No long period of stress.
Work security - Almost no lay offs.
Good health - retirement benefits.

ConsOld systems.
Hard to get promoted.
Low salary increases while promoting and none for lateral moves.

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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Lethargic just like public service organization

SAP APO CONSULTANT (Current Employee)
Waukegan, IL

I have been working at Abbott Labs full-time for more than a year

ProsJob security
Once you get a full time job you can spend the rest of your life

ConsLess salary
No one is willing to work
it feel like you're working in the public organization that nobody want to work

Advice to Senior ManagementHave some viagra or energy boosting doze so you can come out of hibernation Mode and start working .
this culture of laziness camn from top down

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Salesforce Reduced

Pharmaceuticals Sales Representative (Former Employee)
Portland, ME

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

Prosdecent $, benefits, and most people I worked with were great

ConsHorribly run sales force, from top down. I had an Idea to open a new channel and influence sales that would cost company no $ (only my effort), brought it to my Regional Manager and was told "We don't do business like that, do what we tell you, it is the way that we have always done it and it works".

Advice to Senior ManagementYour people are your greatest asset, and the front line sales force should be your eyes and ears, listen to them.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Marketing

Marketing Manager (Current Employee)
North Chicago, IL

I have been working at Abbott Labs full-time for more than 3 years

ProsNice and friendly friendly mid westerners

ConsLots of red tape, too many 'collecting a pay check' type

Advice to Senior Managementlive up to your values

Yes, I would recommend this company to a friend

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