Abbott

www.abbott.co.in
Employer Engaged

Abbott Reviews

Updated 19 February 2015
Updated 19 February 2015
84 Reviews
3.7
84 Reviews
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Review Highlights

Pros
  • Salary, Flex work schedule, Work/life balance, Opportunity, Location (in 3 reviews)

  • Good Compensation and benifits, and good quality product portfolio (in 4 reviews)


Cons
  • No transparency from management, some times decisions made without asking workers opinions (in 2 reviews)

  • Company is having some challenges recently so a lot of downsizing is going on (in 2 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great Benefits

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Abbott

    Pros

    Nice benefits. One of few companies offering generous pension plan.

    Cons

    Lots of politics in management layers and big company red tape....

    Advice to ManagementAdvice

    Let go of your cubwebs

    Recommends
    Positive Outlook
  2.  

    Good Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Tns in Chicago, IL (US)
    Current Employee - Tns in Chicago, IL (US)

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

    Pros

    Good company, great benefits. Average compensation.

    Cons

    Lack of pipeline, not much room for growth.

    Advice to ManagementAdvice

    n/a

    Recommends
    Neutral Outlook
  3.  

    Not great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Mumbai (India)
    Former Employee - Anonymous Employee in Mumbai (India)

    I worked at Abbott

    Pros

    It is an extremely warm place with few very good people around. Also, being an MNC, salaries may be reasonable.

    Cons

    Very few growth opportunities. Often gets lost in the MNC culture of pleasing global and regional bosses instead of focusing on the right set of areas which will help drive business.

    Doesn't Recommend
    Negative Outlook
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  5.  

    good company

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Staff Engineer in San Jose, CA (US)
    Current Employee - Senior Staff Engineer in San Jose, CA (US)

    I have been working at Abbott

    Pros

    good benefits, no growth for advancement

    Cons

    unstable, lower pay compared to other companies within the same industry

  6.  

    Solid company, challenging location

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Manager in Abbott Park, IL (US)
    Former Employee - Senior Manager in Abbott Park, IL (US)

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

    Pros

    Abbott is a stable, well-funded company with great benefits, a generous time off policy and nice cafeteria and fitness facilities. The company is going through a lot of change right now and if you're in the right area and in the right role, it's a great place to build and grow your career.

    Cons

    Due to being in a highly regulated business, there's a fairly low tolerance for risk and creativity. Some polices can feel a little "big brotherish" and it can take a long time to work through all the approvals to move forward with new initiatives. For employees who do not live in the northern suburbs or Wisconsin, Abbott's location can make for a difficult commute.

    Advice to ManagementAdvice

    Trust your employees more.

    Recommends
    Positive Outlook
  7.  

    Culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Hospital Sales
    Former Employee - Hospital Sales

    I worked at Abbott full-time (more than 5 years)

    Pros

    Resources are good, great training

    Cons

    Results are demanded at the cost of the customer. Often following company initiatives get an employees in trouble due to the message sent to the customer. A "Machavellian Society" where everyone wants to take the credit for others efforts. Often people are put in place because who they know or do, not what they know. Management is ready to label a person and falsely offer help to perpetuate their career.

    Doesn't Recommend
    Neutral Outlook
  8.  

    Financially strong, struggling to invest properly in vascular business

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Abbott

    Pros

    Great people, benefits and strong cardiology products

    Cons

    Top down culture with president that is out of touch with the business

    Advice to ManagementAdvice

    Think beyond quarterly results

    Negative Outlook
  9.  

    Extremely broad responsibilities in different product and geographies.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Abbott

    Pros

    Diverse, strong finance role, opportunity for advancement, close business partnerships, well defined systems and processes. Compensation is great!

    Cons

    Company is downsizing that will continue over the next several years

    Advice to ManagementAdvice

    Keep looking for growth opportunities and ways to improve margin!

    Recommends
    Neutral Outlook
  10.  

    Good blue chip company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Abbott

    Pros

    Large company with good benefits. Promote within.

    Cons

    Lots of bureaucracy and many meetings. Difficult to implement change.

    Recommends
    Negative Outlook

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