4.0
Jun 13, 2008
Former employee
Redwood City, CA
Recommend
CEO approval
Business Outlook
Pros
Abbott is a large company with lots of resources. Working in biotech you really feel like you are helping people live better lives on a daily basis. 401K matching program and health benefits were good, and vacation time was also generous.
Cons
Abbott's medical device business tends to acquire a lot of companies. Integration with new companies can be a big issue. Large company is less generous with stock options, and the stock price doesn't move very much, so the stock options can only be considered a nice little "bonus" to the annual salary. Pay seemed to lag behind other medical device companies in the area.