Abbott Vascular

  www.abbottvascular.com
  www.abbottvascular.com

Abbott Vascular Reviews

Updated December 21, 2014
Updated December 21, 2014
159 Reviews
2.6
159 Reviews
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Abbott Vascular Chairman & CEO Miles D. White
Miles D. White
82 Ratings

Review Highlights

Pros
  • Many employees enjoy work-life balance, but that may not be consistent across the company (in 10 reviews)

  • The pay and benefits are pretty good (in 8 reviews)


Cons
  • No work life balance for majority - especially the Sr Analysts supporting regional sales (in 12 reviews)

  • Many and many temp employees are much more knowledgeable than the full time employees (in 6 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Slow but steady mover

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior R&D Engineer in Temecula, CA
    Current Employee - Senior R&D Engineer in Temecula, CA

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

    Pros

    Some innovation: the Bioresorbable scaffold is an impressive jump compared to the traditional therapy

    Cons

    Silo management style and distant group locations doesn't encourage collaboration.

    Recommends
    Neutral Outlook
  2.  

    Abbott Vascular (Bay Area)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Marketing in Santa Clara, CA
    Current Employee - Marketing in Santa Clara, CA

    I have been working at Abbott Vascular full-time (more than 3 years)

    Pros

    For a marketing professional there are opportunities to launch products and get product management fundamentals (launch logistics, product positioning and messaging, retirements).

    It is becoming more diversified device company from what it was several years ago (acquisitions). These acquisitions may turn into opportunities for employees to move business units.

    Overall friendly coworkers; would describe common personality as down to earth and highly skilled and driven.

    Cons

    -recent rounds of layoffs and good talent leaving to other companies
    -culture is increasingly bureaucratic, slow, process driven impacting day to day projects and new product development
    -current management not as strong as it was a few years ago

    Advice to ManagementAdvice

    Look at the business units within the context of their growth expectation - is it a mature unit, or one that needs to rapidly change/grow (i.e. "start up") - and remove processes so those businesses that need to move quickly can do so.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3. 1 person found this helpful  

    No leaders only micro managers at Structural Heart

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Engineer in Menlo Park, CA
    Current Employee - Engineer in Menlo Park, CA

    I have been working at Abbott Vascular full-time (more than an year)

    Pros

    Good health plans. Location (Menlo Park) is good on the peninsula

    Cons

    There are no leaders at Structural Heart, just micro managers. Don't expect inspiration, vision or leadership. Only managers who only know how to squeeze and micro manage. Expect enormous pressure to justify questionable quality decision and enormous disrespect from operations management if you don't agree with their opinion.

    Advice to ManagementAdvice

    You can't get blood from a stone. This place is a sinking ship and that's why we are all leaving!!!

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5. 2 people found this helpful  

    Menlo park.. just terrible

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Engineer in Menlo Park, CA
    Former Employee - Engineer in Menlo Park, CA

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

    Pros

    Young coworkers who are friendly. Good healthcare and pension plans. Product is interesting and complex.

    Cons

    Bullying behavior from directors & managers. Directors promote their best friends, friends and wives to management positions that they can't handle and are not qualified for while telling everyone else they can't progress. Lots of people left due to how poor their new managers were. Abbott laid off or fired nearly all of the evalve folk within 2 years of acquisition- there were only 3 evalvers left 2 years later. Turnover is sooo high, dozens and dozens of engineers left this year, most leaving because of how poorly run and paid the place is.

    Advice to ManagementAdvice

    Take a serious look at your behaviors and hiring/promotion policies. There are real reasons while people are so unhappy. Because management are a close (and closed) circle people are afraid of giving honest feedback about their boss to his best friend.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Great co workers crappy company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assembler II in Temecula, CA
    Former Employee - Assembler II in Temecula, CA

    I worked at Abbott Vascular full-time (more than 5 years)

    Pros

    Wonderful co workers and supervisors . Easy work . Local drive only a few minutes from home

    Cons

    upper management really doesn't care about employees. We were only a number to them. Pay is not competitive with other med device companies. Pay raises were about .20 cents a year. Bonuses were not based on production but on sales and promotions were not individually merit based . Supervisors are only allowed to promote a couple of people per dept per year. Always under the threat of layoffs and employees having to take up the slack to compensate.

    Advice to ManagementAdvice

    Value your employees pay them a living wage and reward them. they will be more productive

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7.  

    Abbott Vascular is a leader in interventional cardiology who is reinventing itself with new products which have real value to patients and the healthcare systems around the world.

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

    I have been working at Abbott Vascular

    Pros

    In the challenging healthcare business, AV is focused on new strategies to lead the healthcare transformation to higher value offerings. It is not the easy win environment any more, so there are big challenges to all employees at all levels in the company. The culture is good, but needs to get better.

    Cons

    Everyone complains about being risk averse, then waits for someone to tell them what to do. Some of the management is very good, others are slow to change. Most employees at all levels are very talented (especially after successive layoffs), but much of the ability goes untapped. Management and staff need to align on strategy (it is starting now) and this business can be much better through increased sales and the innovative growth which follows.

    Advice to ManagementAdvice

    Encourage employee involvement, demonstrate rational risk taking, and guide all employees to help improve sales in direct or indirect ways.

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Great company with excellent products.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior R&D Technician in Santa Clarita, CA
    Former Employee - Senior R&D Technician in Santa Clarita, CA

    I worked at Abbott Vascular full-time (more than 3 years)

    Pros

    Great to work for this company ,You can learn lots and lots things, great benefits very professional training.

    Cons

    Management is the big issue from manager level to up need some tanning so they can handle and treat the employees better ,They should know which employee is capable of doing what things. They can fire a worker without any reason.

    Advice to ManagementAdvice

    Get some top level tanning and try to give some professional respect to the employees who work for you.

    Doesn't Recommend
    Neutral Outlook
  9.  

    Witless Wonders

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Analyst in Temecula, CA
    Former Employee - Business Analyst in Temecula, CA

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

    Pros

    Decent restaurants and shopping close by, Old Town Temecula is close enough to visit during a lunch break. That's about it.

    Cons

    Management totally sucks. The biggest bunch of witless worms led by an unethical slug and his progeny that consist mainly of ineffective paranoid brown-nosers. Rats, (as in rodents), frequently are spotted in the administrative buildings and are addressed without any sense of urgency. As are gas leaks. With frequent and regular large layoffs, morale is low and any good people that remain are in the process of jumping ship. Abbott picked up a perfectly good, functioning company, implanted their management and drove it into the ground. As there is no longer any R&D, there is no future. Don't bank on picking up new companies to save them as they aren't any good at integrating them into the quality system.

    Advice to ManagementAdvice

    Buy one-way tickets on Richard Branson's shuttlecraft and take a long space walk without a suit.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    Once a great company but now a horrible place

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Marketing Manager in Santa Clara, CA
    Former Employee - Marketing Manager in Santa Clara, CA

    I worked at Abbott Vascular full-time (more than 5 years)

    Pros

    AV offers a somewhat competitive salary, 401K and a company funded pension. The products are quality products that improve or save lives.

    Cons

    Losing in both Coronary and Endovascular
    No clear strategy. Employees just do as told so the best ideas based on the best marketing intelligence are often not executed
    So many personnel changes in the last few years. Senior Level/High Salary employees were laid off to reduce salary payouts. The beginning of the end started when a few key senior leaders were let go. A lot of sleeping around and associated drama in the organization. "Drama!!!"

    Advice to ManagementAdvice

    A good product will not sell itself. You will continue to fail if you continue to treat your employees bad and penalize employees that give honest feedback. You need to balance the new extreme "finance focused" leadership with motivational leadership. Employees stay and work hard and/or stay, slack and then leave, primarily because of leadership. My guess you will continue to remain arrogant, continue to reduced headcount and continue to beg for quarter end sales bulks to meet your sales projections. Enjoy the roller coaster.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. 1 person found this helpful  

    Good Ol' Boy Network

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

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

    Pros

    Not much besides a steady paycheck.

    Cons

    If not part of the good old boy network, your SOL. Mgt is clueless in this current health care environment-only strategy is to bulk products in to the cath labs @ qtr end. Other than that they have no clue. Can't believe Miles White is clueless when it comes to vascular mgt & how inept they all are.

    Advice to ManagementAdvice

    Clean house of upper mgt/area sales directors & stop paying millions for worthless companies. ie IDEV....

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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