Abbott Labs

  www.abbott.com
  www.abbott.com

Abbott Labs Reviews

Updated November 16, 2014
Updated November 16, 2014
621 Reviews
3.4
621 Reviews
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Abbott Labs Chairman and CEO Miles D. White
Miles D. White
383 Ratings

Review Highlights

Pros
  • Promote work-life balance but sometimes performance review go the other direction (in 46 reviews)

  • Pay is good, offer good benefits for Permanently employed employee's (in 54 reviews)


Cons
  • not that good work-life balance; not good interaction between departments (in 18 reviews)

  • As a large company, innovation and creativity is stifled a bit (in 15 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great company to work for

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

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

    Pros

    The company places strong emphasis on employee happiness

    Cons

    Major layoff's in the past few years resulting instability

    Advice to ManagementAdvice

    Focus on strategic planning

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Great place to work

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

    I have been working at Abbott Labs

    Pros

    Excellent training and benefits, long work hours and complex selling environment, company believes in promoting from within, great culture and family oriented company

    Cons

    promotions require specific career track, few options for field based employees,

    Recommends
    Approves of CEO
  3.  

    Abbott Labs...Good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Maintenance Technician/Mechanic in Fairfield, CA
    Former Employee - Maintenance Technician/Mechanic in Fairfield, CA

    I worked at Abbott Labs as a contractor (more than an year)

    Pros

    Manufactures great products. In Fairfield,Ca, we produced Glucerna and Zone protein bars. At other plants, medical instruments and diagnostic devices were produced. I didn't realize how large this company was or how good the products were until I worked there. The pay was decent and if you like lots of overtime, this is the place to be.
    Good hard working individuals from the top to the bottom. (No disrespect intended)

    Cons

    1) The six days a week has an affect on your quality of life.
    2) Like most companies, you will start as a contractor. If your a good employee, the company may extend your contract as a contractor. This means no benefits as a permanent employee. This happened to me. While I appreciated the extension, I wanted to truly be a part of the company.
    3) As a temp, (contractor), I was on the outside looking in for the most part. I wanted to contribute to overall improvement where my voice would be heard.

    Advice to ManagementAdvice

    Have more consideration for the employees in regards to quality of life. Hire enough good people to cover the shifts without so much overtime. Production and safety will improve when people are rested and sharp.
    Keep the good employees by truly making them a part of the team as a permanent employee.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Fantastic Internship

    Former Employee - Intern in Abbott Park, IL
    Former Employee - Intern in Abbott Park, IL

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

    Pros

    Abbott has a wonderful company culture. I worked for great people and was given the opportunity to take on as much responsibility as I wanted in my internship.

    Cons

    Employees seemed to be older on average, so working for Abbott as a young person might be limited in terms of networking and relationships.

    Advice to ManagementAdvice

    Logistically, have IT necessities ready for intern on day one so that he or she may begin contributing immediately.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Intern

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

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

    Pros

    Career developments, networking, personal growth, understand business strategy

    Cons

    Company size sometimes makes it difficult for integrative strategic agendas.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Challenging work. Moving forward, yet stifled by its own quality bureaucracy that adds unnecessary expense and time.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Research Scientist in Des Plaines, IL
    Current Employee - Senior Research Scientist in Des Plaines, IL

    I have been working at Abbott Labs full-time (more than 8 years)

    Pros

    Reasonable pay. Low pay to start, but after 15-20 years here, you will be compensated competitively.

    The work-life balance is good in some business segments. If you are in a division that has double-digit sales growth, the pressure is normal workplace pressure, and therefore the work-life balance is good. If you move to a division that is not meeting its numbers, expect low morale, and long hours to make up for this.

    Abbott is a solid company, that has endured increasing business pressure for decades, and thrives by adapting to the changing business climate. Executive management do an outstanding job to move the company forward. They take into account all stakeholders (shareholders first, but keep employees in mind too). I respect the strategic moves the company takes.

    Company claims to encourage employee development, and I strongly believe that they are trying. There are some initiatives in place to foster change. However, Abbott can be its own worst enemy, in that it gets in the way of itself, with quality system that delays ideas and adds unnecessary costs to health care.

    Cons

    Benefits are solid, except for health care benefits. Abbott's health plan choices are surprisingly poor. For a health care company, I was surprised to find how poor our choices were, and how little coverage Abbott provides. The health plans do provide great routine and preventative care. However, if you experience even minor non-routine medical needs, be prepared to pay a lot out of pocket.

    If you are job seeker, and contemplating a job offer from Abbott, I would highly recommend doing through research into the health plans, health network (not very many choices), the weekly payroll deductions, and the out-of-pocket charges you will incur for health coverage before taking the job. While health insurance should be one of many factors in considering a job, I advise you to concentrate on this benefit with Abbott. I have been pleased with all the other Abbott benefits, but I am still surprised how little Abbott provides, when compared to other companies, across many industries. I've been pleased with my career here, but due to Abbott's poor health plan, poor network, and significant expenses due to the low coverage on the plans - I have began a job search. I find that I can no longer work for a company that provides cut-rate health insurance, with few options for its employees.

    The quality management system at Abbott is crushing to development, innovation, and timely execution. Of course, everyone expects high quality products, every time - and I believe this is a must. However, the way Abbott has set up its quality system adds unnecessary time to every step of development. Be prepared to take 1 step forward, and 2 steps back when trying to come up with improvement. When trying to get approval, quality managers will simply say "No", without providing a "why" or provide feedback on how or where to improve. The quality system here seems to feed on itself, simply creating more jobs, more bureaucracy, more expense - but not improving the process in any manner. Be prepared to expect long delays, very slow changes, and lots of resistance to innovation and improvement.

    Advice to ManagementAdvice

    The quality system simply needs to become lean. It is bloated with bureaucracy that stifles ideas, and prevents development and change. Yes, quality products and results are a must for any business to win. However, Abbott must change its quality system to become lean, efficient, and nimble. It cannot survive, if it continues to allow such largess in quality departments and quashing of new ideas and innovation.

    When evaluating health care benefits, ASK your employees directly. Look for direct feedback. Don't simply "announce" the new plans and leave employees guessing why cuts are being made.

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Sales, Marketing, Sales Management, Senior Manager in-house

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

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

    Pros

    Good opportunities for upward mobility when I was employed there except for the last 2 years during downturn of economy. Good people to work with, quality products

    Cons

    I really loved my time at Abbott. I had 2 managers in a 20 year career I did not enjoy working for. Both were demoted. The other leaders I worked for were great.

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Good work environment, but very corporate.

    • 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 5 years)

    Pros

    Company size afforded opportunities for growth and movement into new positions. Generally good career progression opportunities.

    Cons

    Pretty political and networked environment. A very relationship based culture. You will do well if you network and know the right people.

    Advice to ManagementAdvice

    Poor performers are allowed to "hide" in this environment. Hold people accountable.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    Product Manager

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

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

    Pros

    It is my goal to return to Abbott. I enjoyed working there.

    Cons

    Timing is everything. Due to unavoidable life events I had to leave.

  11.  

    First job out of school

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

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

    Pros

    Great learning experience - was able to get my hands on a lot of technologies (load balancers, WAN accelerators, switches and routers), interacted with people around the world, treated everyone fairly the same and held them with similar responsibilities, great team, knew their stuff, certifications didn't decide who you were here unlike so other experiences I've had, plenty of opportunities, organization is growing and is currently in a weird time with the Abbott/Abbvie split

    Cons

    Full time contract position - was my first taste at shift work, can't say that I minded it, but it was and still is tough adjusting to shifts...mainly 3rd

    Please be aware my compensation rating is that of the contracting company not Abbott!

    This can be taken as a pro or con, mostly con since the defacto network vendor is Cisco, and is also more marketable, but for layer 2/3 switches the vendor is Extreme. There was a slight learning curve, but the syntax is fairly easy to adjust too.

    Advice to ManagementAdvice

    Interacted with associate managers, although my experience was fine with them but would like to have been able to have senior managements insight or have visibility into managements decisions

    Recommends

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