Abbott Labs – “Great company to work for, great life/work balance, with a collegial feeling. Subpar HR department.”

Pros

Great people make Abbott a great company to work for. Benefits package is very competitive. There are some opportunities to move in internally. Company also has a leadership program that seems to attract very bright individuals. There are people that have been over 20 years with the company and have tremendous institutional memory, and they are willing to help newbies. If you are working in project management, there are some limited opportunities to move between Abbott Park and smaller divisions. Good work / life balance.

Cons

Performance appraisal process does not account for much. Human Resources not the best department - or maybe I have not seen many HR departments before. Some politics are to be expected.

Advice to Senior Management

Keep doing what you are doing - share price shows that you have some magic ingredient. On the other hand, where is all the R&D going? Any blockbuster products in the pipeline for Abbott?