Abbott reviews

3.7

70% would recommend to a friend

(9,391 total reviews)
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Robert Ford

77% approve of CEO

63% positive business outlook

Abbott has an employee rating of 3.7 out of 5 stars, based on 9,391 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Abbott employee rating is in line with the average (within 1 standard deviation) for employers within the Industrie manufacturière industry (3.5 stars).

Reviews by job title

9K reviews
4.0
Aug 21, 2008

Great place to settle down

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

If you want to settle down, this is a great company to work for where family always comes first. Politics and bureaucracy exist like in all big companies. You just learn to go with the flow after fighting with these for sometime. The Sr. Leadership does an amazing job in focussing divisional / departmental efforts in the things we do at Abbott. I have seen most of the managers synch up with Company values relatively quickly and this helps individual contributors in many ways. The company has great benefit package (company matching 401K, pension plan, yearly bonus, a decent medical/dental plan etc.,).

Cons

If you are career driven performing an IT role, your career choices are; limited.

4.0
Aug 20, 2008
Recommend
CEO approval
Business Outlook

Pros

Good pay; room for advancement. Most upper management was competent, fair and caring. In fact, I would have to say that the management at Abbott was probably the best caliber of any company I have worked for, large or small. And we all know that having a good boss can really improve your work life quality.

Cons

Where I worked, you had to be willing to move if you wanted to advance your career.

3.0
Aug 20, 2008
Recommend
CEO approval
Business Outlook

Pros

Abbott Labs has above average benefits including medical, dental, vision, and flex spending. They offer a pension plan and 401(k) retirement plan plus company matching with no vesting period. From the 1st day of employment, all vacation days (prorated, up to 3 weeks) for that year will be given, instead of having to slowly accrue them. Additional to the compensation are the annual profit sharing and an incentive plan for the technical/upper level folks. Stock options are given for upper level folks. If relocation is required for a current employee, the relocation department takes care of all aspects of the move. There is a corporate tuition reimbursement program for relevant coursework leading to a degree/certificate, provided that a minimum grade is achieved. Most departments have enough money in the budge to send employees to various training classes. With many divisions, it is easy to transfer across departments and gain a wide array of knowledge across its many businesses.

Cons

From my experience, managers were more interested in project goals and deadlines than the career development of their subordinates. Inspirational and sharp general managers are rare. Each division and site operate as its own company, so the company culture can be varied throughout. Typical salary is only average, and annual merit increases average 2-3%. Those percentages are set by corporate and sometimes may not take into account the typical merit increase of the local market. If hired at the low end of the pay scale, it is difficult to justify a raise to be equitably paid compared to others within the company.

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