Abbott reviews

3.7

69% would recommend to a friend

(1,651 total reviews)
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Robert Ford

76% approve of CEO

61% positive business outlook

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2K reviews

Reviews about "Compensation"

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3.0
Nov 20, 2023
Recommend
CEO approval
Business Outlook

Pros

Friendly staff and great perks/benefits

Cons

Complete lack of communication from leaders in all areas, they do not promote from within or allow much movement from within. No bonuses and bare minimum raises based on budget, not performance. Constant system issues affects ability to perform jobs tasks.

4.0
Nov 20, 2023

Mixed Bag

Recommend
CEO approval
Business Outlook

Pros

The ADC office in Alameda has some of the most caring, driven, smart folks I’ve worked with. Here you’ll find people who genuinely care about making the lives of people living with diabetes better. Pay is at market rate or higher and bonuses are good. The 401k match is very generous and there is actually an old fashioned pension plan. If you are at a certain level you get a stock incentive plan where they just hand you Abbott stock every year. Actual stock, not options. Benefits are good enough: Kaiser, Delta Dental, the usual stuff.

Cons

-Office in remote part of Alameda with no public transit and a limited selection of terrible places to eat. Cube farm environment. Bad coffee and mediocre cafeteria. -Extremely traditional corporate culture that feels like you’ve gone back in time 15 years. ***Mandatory 5 days in office starting in 2024*** -The funds in the 401k are limited and not great, considering Abbott employs 115,000 folks worldwide. -MLR process is so arduous that it’s nearly impossible to produce marketing materials that resonate with consumers. Competitors are kicking Abbott’s butt in this regard.

4.0
Nov 17, 2023
Recommend
CEO approval
Business Outlook

Pros

High pay in some roles. Excellent benefits. Great company mission. Market leader in many areas.

Cons

Executive leadership is just not trustworthy. Tons of lifers and older workers that won’t leave, so things like pay, promotions and RTO policies won’t change even while leadership deliberately tries to create attrition via bad policies. Boomers, Gen Xers, and early Millennials won’t unionize or leave, which essentially means everyone has to put up with bad policies.

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