Abbott Labs Reviews

Pros

it's relatively stable industry, company, the company has good business structure both in pharma and medical devices, it also has good pipelines

Cons

regulated industry so less room for doing something different, there are some communication issues, the hierarchy exists though, networking with others

Advice to Senior Management

try to give more flexibility to the employees, compensation, chances for growth, promotion, work exchanges between divisions, work transfer, locations

Pros

Good benefits
Advancement opportunities
Talented people
Well know products

Cons

Long working hours
Salary lower than other big companies
The training to employees is not the best
Disconection between mid and upper management

Advice to Senior Management

Listen to your employees and customers you are taking decisions based on numbers only

Pros

What?...During the last 2 years, nothing was positive.

Cons

No sales support
very little organization

Advice to Senior Management

support your sales force, and they will support you

Pros

This is a family friendly company.

Cons

Promotions are few and far between.

Advice to Senior Management

Provide leadership.

Pros

Prestige, technology, diversity, growth opportunity.

Cons

Company should include employee satisfaction campaigns to become the best place to work.

Advice to Senior Management

Become more employee oriented. Organization and strategic planning is just excellent.

Pros

- Solid people, competitive pay and benefits

Cons

- Can put in some long hours during the week

Advice to Senior Management

Headed in the right direction, stay the course.

Pros

Allows one to become familiar with the industry and all of the challenges that come with being a manufacturing engineer.

Cons

It seems that most of the new hires are contractors and that they may not be looking to hire for full-time positions.

Advice to Senior Management

It may be beneficial for all of management to understand the individual goals and aspirations of their workers and to keep this information in fore-site.

Pros

Good pay, great benefits, good working schedule, good talent, always looking to innovate and the competition is good, but not as good as Abbott.

Cons

Heavy politics are in place at Abbott and to move up the ladder, one must play the political system to his or her advantage.

Advice to Senior Management

Minimize the heavy politics are in place at Abbott and to move up the ladder, one must play the political system to his or her advantage. I would like to see this aspect go away.

Pros

It is difficult to be terminated at Abbott

Cons

Poor Leadership
A general disrespect for contributors
HR very very poorly ran
No sharing of best practices between divisions

Advice to Senior Management

Make leadership development your major focus and that will have an impact at every level of your company!

Pros

Abbott seems to be a very stable, conservative company. The company has done a nice job diversifying its portfolio. Abbott is a respected name with customers.

Cons

Most of the cons are due to issues bigger than Abbott. The problems with my job would be similar with most pharmaceutical companies. There is little job security due to changes in healthcare and the poor economy. In addition, the selling environment continues to deteriorate, which leads to little, if any, job satisfaction. Abbott isnt a bad place to work, but selling pharmaceuticals to primary care is not the best place to be in my opinion.

Abbott does have a number of divisions that are appealing, but movement is clogged right now due to downsizing in the company.

Advice to Senior Management

Take a stand for our promotional rights. Some restrictions placed on product promotion have been best for the consumer, but there are other restrictions that simply arent necessary.