Years of Experience
For those with one to four years of experience, median paychecks reach approximately $71K annually. Survey participants who have worked at Abbott Laboratories for between five and 10 years earn $79K per year on average. The largest slice of the Abbott Laboratories workforce (33 percent) has been working for 10-19 years and earns, on average, around $96K annually.
When it comes to location, the highest average paycheck (about $109K per year) can be spotted in San Francisco, Calif.; Chicago, Ill. ($107K), Santa Clara, Calif. ($88K), and Dallas, Texas (approximately $87K) are the next top-paying cities. Columbus, Ohio is one of the lowest-paid cities, with earnings averaging $71K. By state, the highest compensation levels appear in New Jersey, where the average salary is $114K annually.
Bringing in the most money are Biotechnology Senior Research Scientists — their earnings average about $88K per year. Senior Financial Analysts are a close second at $86K along with Process Engineers (around $84K) and Regulatory Affairs Specialists ($81K). Near the bottom at Abbott Laboratories are Financial Analysts, pulling in an average of just $65K.
Certifications and Degrees
Monetary compensation comes to approximately $122K annually for Certified Professional Engineers, far surpassing the earnings of non-credentialed workers. Bigger paychecks are awarded to Project Management Professionals with credentials; these people earn $120K per year on average. It pays to have a Doctorate (PhD) at Abbott Laboratories — these employees make the most at around $144K annually.
When it comes to skills, Financial Analysis seems to bolster pay the most; employees who claim proficiency also enjoy a median income of about $91K per year. Project Management is a popular skill in the Abbott Laboratories workforce; around a sixth of those surveyed report putting it to use in their jobs. Other top skills include Microsoft Office, Microsoft Excel, and Data Analysis.
Benefits and Perks
The benefits packages at Abbott Laboratories can sometimes lack paid time off; 35 percent get paid vacation days, and one in four workers receive paid sick leave. Workers wishing to put aside retirement money are in luck; Abbott Laboratories sponsors various plans such as a 401(k) plan and a company pension plan. For a large number of workers, benefits include health insurance, and most employees get dental coverage, too. Additional benefits of working here are tuition reimbursement, life insurance, and a subsidized cell phone.