Abbott Labs Reviews in Abbott Park, IL | Glassdoor

Abbott Labs Abbott Park Reviews

Updated March 23, 2017
138 reviews

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Abbott Park, IL

3.2
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Abbott Labs Chairman and CEO Miles D. White
Miles D. White
86 Ratings

138 Employee Reviews

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Pros
Cons
  • Work life balance can be challenging (in 31 reviews)

  • Lot of initiatives implemented at one time by senior management resulting in continuous change in the operational processes (in 23 reviews)

More Pros and Cons

  1. "Great!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Engineer in Abbott Park, IL
    Current Contractor - Engineer in Abbott Park, IL
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Abbott Labs as a contractor (More than a year)

    Pros

    It was a great experience

    Cons

    There was not a fulltime oppurtunity


  2. Helpful (1)

    "Great company but a little bit behind the times in terms of technology"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Project Manager in Abbott Park, IL
    Current Employee - Associate Project Manager in Abbott Park, IL
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at Abbott Labs full-time (More than 5 years)

    Pros

    Great products, good people, and awesome learning experience- although sometimes a bit chaotic! The corporate office has lots of perks that are nice.

    Cons

    Do not invest in growing workforce if millennials and salaries are not competitive nor should they slack on merit increases as a means of cost savings.

    Advice to Management

    Cost savings should not come at the expense of employees merit increases.

  3. "Manufacturing intern review"

    StarStarStarStarStar
    Former Intern - Manufacturing Intern in Abbott Park, IL
    Former Intern - Manufacturing Intern in Abbott Park, IL

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

    Pros

    The intern program is really well structured. They really make it try to be a community and provide a lot of events for people to get together

    Cons

    The opportunities you get as an intern aren't great. The company itself is super old, so you're usually just one intern in a division where everyone else is old enough to be your grandparents. Often didn't have much to do, even when asking for more work.


  4. Helpful (4)

    "Excellent benefits-terrible employee treatment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Financial Analyst in Abbott Park, IL
    Former Employee - Senior Financial Analyst in Abbott Park, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Abbott Labs full-time (More than 3 years)

    Pros

    Excellent benefits. This is the only thing that makes it worth coming in to work. Your pay is great and the perks are excellent.

    Cons

    Absolutely terrible treatment of employees. Constant cost cutting, reminders that you can be replaced with about outsourced resources for half the cost. No understanding that these outsourced resources are terrible.

    Advice to Management

    Please think about where the company is going. If it's all about cost cutting, and not taking care of your employees, you will go no-where. It's been proven over and over. The middle management, please stop keeping information from upper management about how terrible Genpact is and how worthless they all are, they can't do our jobs. In house resources are working, double, triple overtime to make up for worthless outsourced resources.


  5. Helpful (1)

    "Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern in Abbott Park, IL
    Former Employee - Intern in Abbott Park, IL
    No opinion of CEO

    I worked at Abbott Labs full-time (Less than a year)

    Pros

    Headquarters has great benefits; amenities at the facility are great, good cafeteria, etc.

    Cons

    Abbott is a relatively traditional/ sterile work environment; work is repetitive and Abbott seems to work people relatively hard.

    Advice to Management

    Adopt more modern office practices.


  6. Helpful (1)

    "Finance Supervisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Abbott Park, IL
    Current Employee - Anonymous Employee in Abbott Park, IL

    I have been working at Abbott Labs full-time (More than 5 years)

    Pros

    The Benefits are really good, one of the few companies that still has a pension. Also has 401K and great PTO

    Cons

    Apart from the products and benefits, everything. A lot of downsizing, and cost cutting, management basically only cares about bottom line and has no problem eliminating positions to make the bottom line


  7. Helpful (3)

    "Legal"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Abbott Park, IL
    Former Employee - Anonymous Employee in Abbott Park, IL
    Doesn't Recommend

    I worked at Abbott Labs full-time

    Pros

    Great salary & benefits package. On-site cafeteria offers delicious, healthy and affordable meals/snacks from 7:00 am thru lunch.

    Cons

    There is definitely a culture of "heirchy" embedded throughout the organization. Very much focused on results / bottom line with little to no regard for the impact long hours, unrealistic expectations is having on hard working, dedicated employees. I saw a pretty high turnover during my tenure due to stress, lack of clarity around roles & responsibilities.

  8. Helpful (2)

    "old school"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Abbott Park, IL
    Current Employee - Anonymous Employee in Abbott Park, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    benefits are good, flexibility is good

    Cons

    management is always looking to pat themselves on the back

    Advice to Management

    Before laying off / outsourcing people who actually WORK, thin out your own herd first.


  9. Helpful (1)

    "Great Benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Training Manager in Abbott Park, IL
    Former Employee - Training Manager in Abbott Park, IL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    They pay mid-range, even in Silicon Valley, but their benefits are top tier and they have retirement pensions. if you can stay long enough - it could be worth it.

    Cons

    Conservative culture with 125 year history. Still trying to re-invent itself for the 21st century

    Advice to Management

    Bring in fresh, progressive leadership talent to tip the scales.


  10. Helpful (1)

    "Long History"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Multiple in Abbott Park, IL
    Former Employee - Multiple in Abbott Park, IL
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Growth opportunities are available if you are employed at one of the larger sites. The company offers competitive salaries and solid benefits.

    Cons

    As a highly regulated industry, getting things done sometimes takes much longer than originally anticipated. Additionally, the company is growing through acquisition and has not developed much from their R&D group for years.

    Advice to Management

    Promotions are wonderful, but promoting someone into a management position without any people skills can be disastrous. I have personally seen both amazing and worthless managers at the company. Additionally, there is a fear that people might lose their jobs or be outsourced. Transparency on this topic is critical in order to help with morale and culture.


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