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Abbott Overview

Industry
Health Care Medical Devices Pharmaceutical
Revenue
Headquarters
Employees
109,000
Founded In
Website
Organization Type
Public
Social Media

Abbott is a Health Care company focusing on medical devices, diagnostics, and nutrition. Founded in 1888, the company strives to improve lives through innovative healthcare solutions and products including the FreeStyle Libre glucose monitoring system, the Alinity family of diagnostic systems, and Similac infant formula. With a diverse workforce, including 46.9% female and 43.6% ethnic minorities, and a commitment to quality, Abbott operates globally under the leadership of CEO Robert B. Ford.

Headquartered in Illinois, the company employs 109,000 workers and generates annual revenue of $43.7 billion. Abbott's employees come from various demographic backgrounds, with 46.9% female and 43.6% ethnic minorities. The company fosters a collaborative environment that values employee contributions, resulting in a high retention rate of 6.4 years on average. Abbott may not offer the highest salaries in the industry but remains a prestigious and well-respected organization within the Health Care sector.

Abbott's Mission Statement

To improve lives by providing cost-effective health care products and services.

4.2/5

Abbott employee reviews

Based on 26 ratings

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Job openings at Abbott
2,469 Positions
Average salary at Abbott
$73,973 yearly

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Abbott employee reviews

Abbott employee reviews
4.2/5

Based On 26 Ratings

Work At Abbott? Share your experience.
Employee Reviews
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3.0
A zippia user wrote a review on Mar 2024
Pros of working at Abbott

Pros are benefits and working on life-saving technology.

Cons of working at Abbott

Cons are inane policies that change for no reason and enforced randomly, and contradict previous policies; departments compete instead of collaborate

Abbott Benefits

Leave options

What do you like best about Abbott's CEO and the leadership team?

Nothing

How would you improve Abbott's culture?

Increase interdepartment relationships;

How did you prepare for the Abbott interview?

Regular interview questions

How does your compensation at Abbott compare to the industry average?

Above average

What's the diversity at Abbott like?

Poor—few women and even fewer people of color

What brings you the most joy at Abbott?

Helping launch new products

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4.0
A zippia user wrote a review on Oct 2023
Pros of working at Abbott

Variety of work and learning

Cons of working at Abbott

Rate they offer

Abbott Benefits

Love the flexibility and remote work.

Is this useful?1 people found this review helpful
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3.0
A zippia user wrote a review on Aug 2023
Pros of working at Abbott

I worked with a lot of talented, passionate people. I liked the flexible work schedule of working 3 days in office, 2 days at home. I enjoyed being a part of a larger team.

Cons of working at Abbott

Management struggles with miscommunication and leadership, lacks accountability and ultimately does not invest in their team members.

Abbott Benefits

As a contractor, salary was good.

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5.0
A zippia user wrote a review on Apr 2023
Pros of working at Abbott

The pay and benefits

Cons of working at Abbott

work environment

Abbott Benefits

Tuition reimbursement, and 401k contributions

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5.0
A zippia user wrote a review on Jul 2022
Pros of working at Abbott

The people, it has Ac in the buildings, very clean, has a food court, vending machines, water machines with ice makers lots of overtime depending on which production line you are assaigned

Cons of working at Abbott

Sometimes the standing, have to follow quality rules which leads to questions on what to pass and what not to pass which then leads to unproductive time

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4.0
A zippia user wrote a review on Mar 2022
Pros of working at Abbott

Great work life balance, flexibility, and learning opportunities

Cons of working at Abbott

Big company, far from home

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5.0
A zippia user wrote a review on Sep 2021
Pros of working at Abbott

Get benefits and a great health insurance.

Cons of working at Abbott

It change to another company called Hospira

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4.0
A zippia user wrote a review on Aug 2021
Pros of working at Abbott

Good work life balance

Cons of working at Abbott

Very complicated work lots of quality work

Abbott Benefits

Time off, pension plan

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5.0
A zippia user wrote a review on Jan 2021
Pros of working at Abbott

Phenomenal company, supportive, focused

Cons of working at Abbott

Can’t think of a thing

Abbott Benefits

Work from home

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5.0
A zippia user wrote a review on Dec 2020
Pros of working at Abbott

I loved the people and the atmosphere of the customer being our number one priority

Cons of working at Abbott

I did not get the pay that I wanted nor the acknowledgment of my achievements in the company

Abbott Benefits

The people. I had a great team behind me.

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5.0
A zippia user wrote a review on Dec 2020
Pros of working at Abbott

Sales job , rewarding , strong pipeline , great culture , compensation, benefits, people

Cons of working at Abbott

All positive, left for another opportunity

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3.0
A zippia user wrote a review on Dec 2020
Pros of working at Abbott

The people were there for a very long time

Cons of working at Abbott

They didn't have enough employees so there was no work life balance

Abbott Benefits

gym

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5.0
A zippia user wrote a review on Sep 2020
Pros of working at Abbott

Inter-department Rotations.

Cons of working at Abbott

Attire/uniform changing SOP.

Abbott Benefits

MEAL ALLOWANCE/TAXI VOUCHER

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4.0
A zippia user wrote a review on Sep 2020
Pros of working at Abbott

challenging and great opportunities to grow and learn

Cons of working at Abbott

Difficult to achieve work life balance

Abbott Benefits

Museum entry discounts and perkspot

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5.0
A zippia user wrote a review on May 2020
Pros of working at Abbott

High Pay and High Benefits. I enjoy the company Parties. This was a company that would move you up the career ladder.

Abbott Benefits

Parties

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4.0
A zippia user wrote a review on Dec 2019
Pros of working at Abbott

Great community and opportunity for advancement

Cons of working at Abbott

10 hour average expected if you are part of a team with responsibility. Aka your team is important

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5.0
A zippia user wrote a review on Jul 2019
Pros of working at Abbott

work life balance, peaceful, great package

Cons of working at Abbott

nothing

Abbott Benefits

health insurance and other perks.

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3.0
A zippia user wrote a review on Apr 2019
Pros of working at Abbott

The opportunity for potential growth

Cons of working at Abbott

The lack of training or direction from management (San Diego)

Abbott Benefits

The cafeteria has really good food and pricing

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The team at Abbott

  • The founders of Abbott is Dr. Wallace Abbott.
  • The key people at Abbott are Robert B. Ford and Dr. Wallace Abbott.
Key People
Robert B. Ford
Dr. Wallace Abbott

Abbott Rankings

Abbott is ranked #66 on the Best Health Care Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Abbott salaries

The average an Abbott salary in the United States is $73,973 per year. Abbott employees in the top 10 percent can make over $127,000 per year, while Abbott employees at the bottom 10 percent earn less than $42,000 per year.
Average Abbott Salary
$73,973
yearly
$35.56 hourly
Updated March 14, 2024

Rate the fairness of Abbott's compensation policies.

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Abbott diversity

9.8
Diversity Score
We calculated Abbott’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Abbott’s workforce.
Abbott diversity summary. Zippia estimates Abbott's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Abbott's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Abbott's workforce.
  • Abbott has 109,000 employees.
  • 47% of Abbott employees are women, while 53% are men.
  • The most common ethnicity at Abbott is White (56%).
  • 18% of Abbott employees are Hispanic or Latino.
  • 12% of Abbott employees are Asian.
  • The average employee at Abbott makes $73,973 per year.
  • Abbott employees are most likely to be members of the democratic party.
  • Employees at Abbott stay with the company for 6.4 years on average.

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Abbott Office Locations

Abbott is headquartered in North Chicago, IL

Biggest Abbott Locations

RankCityJob CountAvg. Salary
1Chicago, IL37$73,850
2Austin, TX27$68,475
3San Diego, CA18$80,154
4Los Angeles, CA14$81,210
5New York, NY13$81,579
6Dallas, TX9$67,881
7Phoenix, AZ8$71,247
8Houston, TX5$67,928
9San Jose, CA5$83,025
10San Antonio, TX4$68,650

Abbott Financial Performance

10.0
Performance Score

We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Abbott currently has 43.7B in revenue. Abbott's most recent quarter produced 10.1b (q3'2023).

Abbott annual revenue

$44B
$35B
$26B
$17B
$9B
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Highest paying Abbott competitors

Compare Abbott salaries to competitors, including AstraZeneca, Novartis, and Bristol-Myers Squibb. Employees at AstraZeneca earn the highest average yearly salary of $112,988. The salaries at Novartis average $112,479 per year, and the salaries at Bristol-Myers Squibb come in at $101,824 per year.

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Zippia gives an in-depth look into the details of Abbott, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Abbott. The employee data is based on information from people who have self-reported their past or current employments at Abbott. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Abbott. The data presented on this page does not represent the view of Abbott and its employees or that of Zippia.

Abbott may also be known as or be related to Abbott and Abbott Laboratories.