Abbott Labs

  www.abbott.com
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Abbott Labs Reviews

Updated Jul 30, 2014
All Employees Current Employees Only

3.4 571 reviews

79% Approve of the CEO

Abbott Labs Chairman and CEO Miles D. White

Miles D. White

(351 ratings)

70% of employees recommend this company to a friend

Review Highlights

Pros
  • Management does heavily emphasize the work/life balance within departments (in 41 reviews)

  • Pay is good, offer good benefits for Permanently employed employee's (in 48 reviews)


Cons
  • work life balance challenges, direction of new company (in 14 reviews)

  • Large company with a slow bureaucratic administrative paperwork that can be overwhelming (in 14 reviews)

More Highlights
571 Employee Reviews
Relevance Date Rating
in
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    Great place to work

    Anonymous Employee (Current Employee)

    ProsChallenging environment, people are treated well, solid company

    Constoo much bureaucracy, moving jobs outside of Canada

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Awesome Company!!

    Database Administrator (Current Employee)

    ProsVery accommodating to employees and great pay.

    ConsOffice politics can be a drag.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Abbott

    Anonymous Employee (Former Employee)

    ProsPay and benefits were really good. Clean and safe environment.

    ConsNone worth mentioning. Overall had no complaints.

    Yes, I would recommend this company to a friend

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    • Work/Life Balance
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    great

    Anonymous Employee (Former Employee) Montreal, QC

    Prosstability and advantages were great pros for company

    Consresturctures and mergers created more of a pressured enviornment

    Yes, I would recommend this company to a friend

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    Excellent exposure to Project Engineering

    Project Engineer (Current Employee) North Chicago, IL (US)

    ProsI learned all my project engineering at abbot Labs, as leader in pharmaceutical they have provide master piece training which I am utilizing till today

    Consvery demanding position and one is always under stress to compete with ever changing requirements

    Advice to Senior ManagementConsider Human Resources as one of Assets on Balance sheet

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Great way to launch a career!

    Anonymous Employee (Current Employee)

    ProsNeed to learn the business quickly to survive. This forces you to engage with stakeholders and earn their respect. Global presence with strong brand recognition. Slow and steady wins the race. Abbott is a legacy company with strong traditional values. Integrity is excellent. Trust Sr. Management to operate the business in prudent and pragmatic way.

    ConsAlways chasing quick dollars. Afraid of taking calculated risk to get big rewards. Incremental change and not transformational. Communication from Sr. Management downward is often authoritative or non-existent. Lack of innovation. Focus instead on health care acquisition and M&A to survive.

    Advice to Senior ManagementYou only need to be successful 40% off the time to be a great hitter. Take calculated risks and break down division barriers. Operate as a single entity. Rename 'divisions' (implies separation) ... 'business component' (implies a unit of a whole).

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Work life balance.

    Senior Software Engineer (Current Employee) Abbott Park, IL (US)

    ProsAverage compensation. Manager flexible with time-off policies. Promote work-life balance but sometimes performance review go the other direction.

    ConsNo time for training since time is fully occupied. Getting along with manager is the ultimate way to get attention.

    Advice to Senior ManagementNothing is fair.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Great pay, great benefits and perks, an overall great place to work!

    Anonymous Employee (Current Employee) Irving, TX (US)

    ProsPay is competitive, benefits are great, and that's expected from a healthcare company. Lately management has been transparent in regards to where the company is going, even if negative (ex. cutting costs, outsourcing, etc.). Lots of room to move around if you're an engineer or scientist. Standard daytime operating hours (M-F 8-5).

    ConsSome micromanagement, typical corporate bureaucracy, occasional large-scale layoffs, lots of chiefs for so little amount of Indians.

    Yes, I would recommend this company to a friend

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    Good place to begin a pharma sales career

    Territory Manager (Former Employee) Fairfax, VA (US)

    ProsIt has been a long time since I've worked at Abbott, but when I was recruited by the district manager the salary was about the median for a pharma rep at the time. The benefits of course were excellent. I had a territory comprising most of urban Northern Virginia and some of Washington DC, which kept me busy. A company car was provided and AMEX card, all of the trappings of an early 1990s pharma field sales job.

    ConsMy district manager was very heavy handed in general-not unusual for those days, high pressure to succeed and exceed goals for my territory. Nothing I didn't expect from a Fortune 100 company manager. There was a very long, three week away-from-home training period when I first started with the company. Tests every night and again lots of pressure. If you deal with pressure well-and I did, you will be fine.

    Advice to Senior ManagementI don't give advice to management.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Science

    Anonymous Employee (Current Employee)

    ProsEnvironment, people, weather, parking, equipment

    ConsMoving, space, telephone, computer, systems

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