Principal Scientists are awarded the highest paychecks, with compensation nearing around $122K per year on average; Engineering Project Managers are next on the list, bringing in close to approximately $117K, followed by Senior Regulatory Affairs Specialists earning $87K and Mechanical Engineers making $74K. Financial Analysts at Abbott Laboratories do not see much in the way of financial compensation and represent one of the lower-paid positions (about $59K on average) at the company.
Years of Experience
For those with five to nine years of experience, average earnings amount to $83K annually. For those with one to four years of experience, median paychecks reach $72K per year. The greater proportion of employees (30 percent) report 10-19 years of experience and bring home median pay of about $97K annually.
When it comes to location, the highest average paycheck ($110K per year) can be spotted in Santa Clara, Calif.; Abbott Park, Ill. (approximately $100K), Los Angeles, Calif. (around $91K), and the company's headquarter city of North Chicago, Ill. ($89K) are the next top-paying cities. Expected earnings are below average (around $86K) in Columbus, Ohio, one of the lowest-paid cities. Within the company, workers earn the highest salaries (an average of $95K annually) in California.
Certifications and Degrees
SAS Certified Base Programmer for SAS 9s are compensated at a much higher rate than non-authorized workers, bringing in close to $125K per year. Earning a SAS Certified Advanced Programmer for SAS 9 certification garners significant financial rewards of approximately $120K annually on average. Employees who have a Master of Business Administration (MBA) make the most here, hauling in about $127K per year.
When it comes to skills, employees who report Product Development among their abilities seem to make the most, reporting a median income of $98K annually. A relatively widespread skill at Abbott Laboratories is Project Management; just over one in five of employees use it for work. Many workers usually know Data Analysis, Microsoft Office, and Microsoft Excel as well.
Benefits and Perks
Paid time off is scarce, with only about a quarter of workers receiving paid vacation and roughly one in five workers receiving sick leave. Workers who save for retirement get lots of help because the company offers a number of savings programs including a 401(k) plan and a company pension plan. Abbott Laboratories provides health insurance to a large number of survey participants, and a fair number of survey participants do receive dental coverage. Privileges also include tuition reimbursement, life insurance, and a casual working environment.