Years of Experience
Workers who have been with the company for more than one year but less than five can make $70K annually on average. Those who have five to nine years of work experience see average salaries of $82K per year. The largest fraction of Abbott Laboratories people (35 percent) have been working for 10-19 years and earn approximately $95K annually on average.
When it comes to location, the highest average paycheck ($117K per year) can be spotted in San Francisco, Calif.; Chicago, Ill. (around $102K), Santa Clara, Calif. (about $89K), and Waukegan, Ill. ($79K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Columbus, Ohio — at approximately $70K, salaries are some of the lowest in the country. Across Abbott Laboratories' U.S. offices, employees in the state of New Jersey earn the most, taking home about $114K annually.
Biotechnology Senior Research Scientists are the best paid with the average salary hovering at $89K per year; Regulatory Affairs Specialists, Senior Financial Analysts, and Medical Devices Quality Engineers also rank near the top of the list, pulling in around $86K, $86K, and $77K, respectively. Financial Analysts are among the lowest paid at a median salary of around $65K.
Certifications and Degrees
Certified Professional Engineers are compensated at a much higher rate than non-authorized workers, bringing in close to approximately $122K annually. On average, salaries rise to about $110K per year for accredited Project Management Professionals. Employees who have a Doctorate (PhD) make the most here, hauling in $136K annually.
The highest-paying skill in this position seems to be Marketing Management; individuals who report it as part of the repertoire have a median income of $137K per year. A skill that is commonly seen around here is Project Management; approximately one-sixth deem it necessary for work. Microsoft Office, Microsoft Excel, and Data Analysis are also desirable skills.
Benefits and Perks
The benefits packages at Abbott Laboratories can sometimes lack paid time off; 31 percent get paid vacation days, and one in four survey participants receive paid sick leave. Quite a few retirement plans are on offer at Abbott Laboratories, including a 401(k) plan and a company pension plan. For a large number of survey participants, benefits include health insurance, and most workers get dental coverage, too. Privileges also include tuition reimbursement, life insurance, and a subsidized cell phone.