Cutting Salaries - Clinical Specialist Abbott Employee Review

1.0
21 Oct 2024
Recommend
CEO approval
Business outlook

Pros

Good technology to work with.

Cons

Abbott has eliminated cost-of-living increases in some of the worst years of inflation in history. They are now cutting base salaries for their clinical engineers and claiming we can make it up in quarterly bonuses, which are not guaranteed and are taxed more heavily because they are bonuses. The cost of food and insurance has doubled. This could be the worst case of corporate greed I have ever seen. We were told it was to save costs in anticipation of reduced earnings for medical device sales. As of the latest Q3 reports, sales surged with 11.7% growth in diabetes care and heart products. While I struggle to figure out how to sustain my family at a reduced salary, the CEO brags about the strength of the diversified business model.

Explore other reviews about Abbott

5.0
3 June 2026
Recommend
CEO approval
Business outlook

Pros

Work life balance is great

Cons

Remote work opportunities are minimal.

2.0
15 June 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

• Strong brand and market position • Talented individual contributors and subject matter experts sprinkled throughout the organization • Opportunity to work on products that impact many patients

Cons

These comments reflect experience within Abbott Diabetes Care. • Culture can feel political and risk-averse, with difficult issues often addressed indirectly rather than transparently • Decision-making is slowed by multiple layers of management, many of whom appear focused more on managing upward than enabling teams and execution • Long-tenured management structures can create limited accountability, discourage new ideas, and make modernization difficult • Some leadership styles feel hierarchical and dismissive of dissenting viewpoints, making it risky to challenge the status quo • Strategic thinking and decision authority are concentrated among a relatively small group of senior leaders, creating bottlenecks and limiting innovation • Office environments and ways of working often feel outdated compared to more modern organizations • Organizational responsiveness can be frustratingly low. Routine requests, decisions, and communications often require multiple follow-ups, creating unnecessary delays and reducing accountability • Promotions and performance assessments often lack transparency, leading employees to question whether advancement is based on impact, visibility, DEI, or internal relationships • Employees navigating significant career or life transitions may experience varying levels of support, visibility, and development opportunities, making career continuity and progression feel less predictable than they should be

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