Average Salary for Abbott Laboratories Employees

Based in North Chicago, Ill.,pharmaceutical preparations player Abbott Laboratories offers many employment opportunities, including Biotechnology Senior Research Scientist and Process Engineer positions. The average employee at Abbott Laboratories takes home $83K annually. Abbott Laboratories paychecks are largely negotiated based on how long you've been working, though geography and your job title are also considered. This overview is based on answers to PayScale's salary questionnaire.

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How This Employer Pays

Abbott Laboratories typically pays:
5%
above market
Similar employers pay:
at market
 
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 (9)
$61,737 - $117,295  
   
[-]Senior Research Scientist, Biotechnology (9)
Salary$62,465 - $111,427  
   
Bonus$2,107 - $10,552  
Profit Disbursement$2,645 - $10,502  
Total Pay$61,737 - $117,295  
[+]Senior Financial Analyst (5)
$73,105 - $122,518  
   
[+]Senior Financial Analyst (5)
Salary$64,819 - $109,320  
   
Bonus$2,635 - $16,054  
Total Pay$73,105 - $122,518  
[+]Research Scientist (5)
$39,944 - $94,432  
   
[+]Research Scientist (5)
Salary$42,186 - $93,259  
   
Profit Disbursement$592 - $8,590  
Total Pay$39,944 - $94,432  
[+]Process Engineer (4)
$60,192 - $117,258  
   
[+]Process Engineer (4)
Salary$58,345 - $107,768  
   
Bonus$939 - $10,803  
Profit Disbursement$1,282 - $12,176  
Total Pay$60,192 - $117,258  
 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: 30 Mar 2015 | Individuals Reporting: 303

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About This Company

North Chicago, Illinois 

1888

Pharmaceutical Preparations, Biotechnology, Pharmaceutical industry


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

Years of Experience

Those with one to four years of experience at the company can expect to make $71K per year on average. For those with five to nine years of experience, average earnings amount to $78K annually. The largest slice of the Abbott Laboratories workforce (33 percent) has been working for 10-19 years and earns, on average, about $95K per year.

Locations

When it comes to location, the highest average paycheck ($109K annually) can be spotted in San Francisco, Calif.; Chicago, Ill. (around $107K), Gurnee, Ill. (approximately $88K), and Santa Clara, Calif. ($87K) are the next top-paying cities. Expected earnings are below average (approximately $71K) in Columbus, Ohio, one of the lowest-paid cities. By state, Abbott Laboratories employees make the most in Illinois, earning $94K per year on average.

Jobs

The highest average salaries go to Senior Systems Analysts, who bring in close to about $90K annually, though Biotechnology Senior Research Scientists are not far behind at around $88K along with Senior Financial Analysts ($86K) and Process Engineers (approximately $84K). Financial Analysts at Abbott Laboratories do not see much in the way of financial compensation and represent one of the lower-paid positions ($65K on average) at the company.

Certifications and Degrees

Certified Professional Engineers earn about $122K per year, far more than their non-accredited counterparts. Bigger paychecks are awarded to Project Management Professionals with credentials; these people earn $110K annually on average. Those with a Doctorate (PhD) at Abbott Laboratories come out on top, and their salaries approach $134K per year.

Skills

The highest-paying skill to have in this role seems to be Financial Analysis; employees claiming this as part of the toolbox earn a median of around $91K annually. Project Management is regularly seen around here; nearly one in six of those surveyed report it as a core competency. Three more common skills are Microsoft Office, Data Analysis, and Microsoft Excel.

Benefits and Perks

A third of survey participants have paid vacation, and only about a quarter of workers can take paid time off for illness. Quite a few retirement plans are on offer at Abbott Laboratories, including a 401(k) plan and a company pension plan. A large number of employees have health insurance, and benefits for most respondents also include dental insurance. Abbott Laboratories also dishes out privileges such as tuition reimbursement, life insurance, and a casual working environment.

Key Stats for Abbott Laboratories

Gender

Female
42 %
Male
58 %
Salary
$58,384 - $103,246
Salary
$61,107 - $110,361
Less than 1 year
4%
1-4 years
22%
5-9 years
29%
10-19 years
30%
20 years or more
16%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 68 votes.
United States (change)

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