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Average Salary for Abbott Laboratories Employees

Based in North Chicago, Illinois, pharmaceutical preparations industry player Abbott Laboratories offers many employment opportunities, including Biotechnology Senior Research Scientist and Medical Devices Quality Engineer positions. Abbott Laboratories employees typically bring home $85K annually. What you do at the company influences pay for Abbott Laboratories workers the most, followed by how long you've been working and where you live. Responses to the PayScale salary survey provided the data for this report.

How This Employer Pays

Abbott Laboratories typically pays:
5%
above market
Similar employers pay:
at market
 
Similar companies include:
Kaiser Permanente, COMMSCOPE, Inc., Wells Fargo & Co.
Employer: Abbott Laboratories
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
[-]Senior Research Scientist, Biotechnology (8)
$66,510 - $136,995  
   
[-]Senior Research Scientist, Biotechnology (8)
Salary$66,781 - $123,546  
   
Bonus$2,051 - $111,655  
Profit Disbursement$1,734 - $12,568  
Total Pay$66,510 - $136,995  
[+]Quality Engineer, Medical Devices (6)
$52,581 - $117,366  
   
[+]Quality Engineer, Medical Devices (6)
Salary$56,905 - $110,540  
   
Bonus$1,208 - $11,868  
Profit Disbursement$540 - $6,923  
Total Pay$52,581 - $117,366  
[+]Senior Financial Analyst (6)
$69,398 - $122,360  
   
[+]Senior Financial Analyst (6)
Salary$63,087 - $112,306  
   
Bonus$2,237 - $17,025  
Total Pay$69,398 - $122,360  
[+]Financial Analyst (5)
$45,732 - $85,544  
   
[+]Financial Analyst (5)
Salary$45,694 - $77,632  
   
Bonus$1,002 - $11,471  
Profit Disbursement$455.80 - $5,784  
Total Pay$45,732 - $85,544  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 10 Nov 2014 | Individuals Reporting: 293
United States (change)

Abbott Laboratories Details

North Chicago, Illinois

1888

Pharmaceutical Preparations, Biotechnology, Pharmaceutical industry

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Freebase CC-BY Source: Freebase, licensed under CC-BY

Jobs

Bringing in the most money are Marketing Directors — their earnings average $149K. Product Managers of Healthcare are a close second at $102K along with Medical Devices Quality Engineers (about $93K) and Biotechnology Senior Research Scientists (around $91K). Abbott Laboratories hands out some of the smallest paychecks to Financial Analysts (approximately $64K).

Years of Experience

Workers who have been with the company for more than one year but less than five can typically make $71K. Between the five- and ten-year marks, the average employee earns $82K. When we consider tenure, a substantial portion of employees (35 percent) have been working for 10-19 years and make approximately $93K per year.

Locations

Median pay is highest in Chicago (around $109K annually), followed by San Francisco ($98K), Santa Clara (about $86K), and the company's headquarter city of North Chicago ($83K). On the lower end is Columbus at $69K. Across Abbott Laboratories' U.S. offices, employees in the state of Illinois earn the most, taking home $93K per year.

Certifications and Degrees

Clinical Laboratory Scientist Certifications receive bigger paychecks (approximately $115K) than those without credentials. Bigger paychecks are awarded to Certified Public Accountant s with credentials; these people typically earn $102K annually. The highest-paying degree here is a Doctor of Philosophy (PhD), Biochemistry (BCH); Abbott Laboratories awards around $154K to these degree-holders.

Skills

When it comes to skills, Budget Management seems to bolster pay the most; employees who claim proficiency also enjoy a median income of about $127K. Microsoft Excel is regularly seen around here; nearly one in seven of those surveyed report it as a core competency. Employees also tend to round out their skills sets with Project Management, Microsoft Office, and Data Analysis.

Benefits and Perks

Company compensation for vacation days and sick leave is awarded to only 38 percent. The firm looks out for its employees by sponsoring assorted retirement savings plans such as a 401(k) plan and a company pension plan. At Abbott Laboratories, a solid majority of workers have health insurance, and the greater part of workers have dental coverage. Privileges also include life insurance, tuition reimbursement, and a company cell phone.

Key Stats

Female
43 %
Male
57 %
Salary
$55,762 - $101,878
Salary
$61,151 - $110,330
Less than 1 year
3%
1-4 years
23%
5-9 years
26%
10-19 years
33%
20 years or more
14%
Extremely satisfied
Rated 5 out of 5
based on 71 votes.

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