Abbott Labs Reviews

Updated July 30, 2015
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682 Employee Reviews

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  1. Helpful (1)

    Burned out

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Pharmaceuticals Sales Representative
    Former Employee - Pharmaceuticals Sales Representative

    I worked at Abbott Labs

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Large company Medical/dental/ 401k/ect Company car, expense account, get to meet and socialize with lots of people. Flexible schedule but very long working hrs.

    Cons

    Old fashioned, get promotion based on friendship not performance. Unfair territory structure. If you get a good territory you are more likely to hit sales targets. If they like you and want to tap you for promotion in the future they give you the fertile territory from the jump. So you get high numbers and it seems like you are amazing when the numbers has little to do with your actual effort.

    Advice to Management

    Actually live up to your word of providing tuition reimbursement. You dont....its just in the brochure. I dont know anyone who actually gets this.


  2. Good Old Boy Network

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Abbott Labs

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Benefits including healthcare, life insurance

    Cons

    Will only promote employees based from headquarters, ie., employee will be transferred to remote site, promoted and transferred again, with cycle repeating with another employee.

    Advice to Management

    There is talent outside of Abbott Park!


  3. Helpful (1)

    poor culture make the company on the way to failure

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

    I have been working at Abbott Labs

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Good place to know the pharmaceutical business, and get a big pharma work experience. Stable, good campus, good benefit for working mother

    Cons

    incompetent management, lack of innovation. Bad culture for research. Lack of long-term strategic view of the business. Still doing farely well because the big pharmas are searching direction now, while Abbott simply wait and see.

    Advice to Management

    promote culture that embrace healthy risk-taking, entrepreneurial mindset, and build trust b/w employee and management. Avoid the arrogancy that was prompt by lack of competitors nearby.


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  5. Helpful (1)

    Old Fashioned, Hierarchical and not Focused Company

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Maidenhead, England (UK)
    Current Employee - Anonymous Employee in Maidenhead, England (UK)

    I have been working at Abbott Labs

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Good Pay and work-life balance

    Cons

    too many manager who are poorly skilled and do not listen Poor communication and decision making not dynamic and very reactive

    Advice to Management

    Get new management


  6. Dishonest, Lack Credibility, HR Dept Worst ever; Ethical Values contradict reality at company

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Development Manager
    Current Employee - Business Development Manager

    I have been working at Abbott Labs

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Overall package above average in industry

    Cons

    HR Dept dishonest and disreputable - employees best interests far from their focus Reknown in industry for revolving-door-company; people join and soon leave due to company's politics, lack of ethics and treatment from Managers and HR alike Preach etkical values; practice the exact opposite -disreputable, dishonest, with long chain of unhappy employees within most of their Depts Worst company I and 5 others within same team have ever worked for between our combined 63 years experience

    Advice to Management

    Lose your HR Dept - you know what tehy're doing to employees; they know; present employees know - soon those outside the company will know......... Lose your 'bad' Managers - they should be 'managing' and 'encouraging' and 'supporting' - NOT discriminating or harrassing or criticising


  7. Upper management is unaware of how inept middle management is and processes are not clear

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Abbott Labs

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Good salary and prestige. Very good segment to be in.

    Cons

    customers come last though customers are the whole point. Processes are not followed and middle management is smart but to scattered --they deal with all problems in a very similar manner blame them on employ performance instead of the real fault unclear proceedures and processes. Old world thinking pressure the employee and keep them under your thumb.

    Advice to Management

    Offer clear processes for employees to follow and follow-up on whether processes are working within a reasonable time frame. A company culture is very important not just talk but actual culture.


  8. Helpful (1)

    There are better employers out there.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Director, Marketing
    Current Employee - Senior Director, Marketing

    I have been working at Abbott Labs

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Location is good for N. Chicago work.

    Cons

    Poor leadership and marketing skills

    Advice to Management

    Need to focus on developing and managing/support people, that is how you are going to grow your business.


  9. Helpful (3)

    Run away from Abbott !!!

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Diagnostic Technical Manager
    Former Employee - Diagnostic Technical Manager

    I worked at Abbott Labs

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    The last day was so blissful.

    Cons

    Management culture is so morality reprehensible it will cause you stress that will adversity effect your health. I worked with Abbott for over 20 years. The first 10 were fine. The last 5 were hell. Management only displays the carrot and never the reward. Promotions are granted on the good old boy system of blind loyalty and competent employees are never considered. At this rate the company will be run by a herd of drooling idiots.

    Advice to Management

    Sell the diagnostic division so the management group will be required to reapply for their jobs.


  10. Helpful (1)

    Great place to work if you need experience fast.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Irving, TX
    Former Employee - Anonymous Employee in Irving, TX

    I worked at Abbott Labs

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    The amount of work and the type of work causes one to become experienced in a wide variety of functions in a short period of time. The fringe benefits (401(k), healthcare, prescriptions, etc.) are very good overall.

    Cons

    There is an overemphasis on controlling costs which can get ridiculous at times. One senior manager once wrote that the only way that a particular business unit could be financially profitable would be if everyone used their own office supplies and kleenex. Promotions are typically given on the basis of social status and not on merit or personal achievement. All vacations are considered "working vacations" in which the employee is expected to use the vacation time working at home (as opposed to working in the office).

    Advice to Management

    Although managing costs is an important part of business, it should not be the sole deciding factor in creating and sustaining a business. By concentrating on making the highest quality products possible, the sales will increase and costs would be less of a factor.


  11. Helpful (2)

    Could be the best of the pharmas if it put in a new leader before it's too late.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Supervisor
    Former Employee - IT Supervisor

    I worked at Abbott Labs

    Recommends
    Disapproves of CEO
    Recommends
    Disapproves of CEO

    Pros

    It's a leader in the pharma field. If you get on the "fast track", the sky is the limit...however, it's so huge, that most folks get swallowed up. Great benefit package.

    Cons

    As with many large corps, age discrimination is a fact of life. Unless you are in upper middle management, don't expect to work here if you are over 55. It's so wrapped up in regulation that it's difficult to get anything done. Upper management has a habit of putting "touchy-feely" crap in place to hide the blemishes from those who will buy into the scam.

    Advice to Management

    Show a little respect for experience. Dump Miles White. Wake up and realize that things would go much better with the FDA and the stock market if you canned the guy who cost Abbott $100 Million in fines before he got promoted. Duh!



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