The highest average salaries go to Engineering Project Managers, who bring in close to approximately $117K per year, though Senior Regulatory Affairs Specialists are not far behind at $89K along with Manufacturing Engineers (about $80K) and Research Scientists ($75K). Among the lower-paid positions at Abbott Laboratories are Financial Analysts — the median salary for this role approaches $59K.
Years of Experience
Those who have five to nine years of work experience see average salaries of around $83K annually. Workers who have been with the company for more than one year but less than five can make about $72K 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, $100K annually.
When it comes to location, the highest average paycheck ($120K per year) can be spotted in San Francisco, Calif.; Santa Clara, Calif. (around $110K), Abbott Park, Ill. (approximately $100K), and the company's headquarter city of North Chicago, Ill. ($92K) are the next top-paying cities. High paychecks are not found in Chicago, Ill.; in fact, at $81K it is one of the worst-paid cities. Within the company, workers earn the highest salaries (an average of approximately $98K annually) in California.
Certifications and Degrees
SAS Certified Advanced Programmer for SAS 9s have significantly higher pay than non-accredited workers at around $120K per year. Microsoft Certified Systems Engineers with credentials can live quite comfortably; median salaries come in at about $110K annually. Abbott Laboratories workers who hold a Master of Business Administration (MBA) are also well compensated, earning $127K on average.
In this position, it pays to have Product Development in your toolkit; employees who claim proficiency enjoy a higher median salary of $99K per year. It's pretty common to find people here who know Project Management; approximately one in five consider it a key competency. Microsoft Excel, Microsoft Office, and Data Analysis are also desirable skills.
Benefits and Perks
The benefits packages at Abbott Laboratories can sometimes lack paid time off; 29 percent get paid vacation days, and 23 percent receive paid sick leave. Workers can easily stock up on retirement savings by participating in several options such as a 401(k) plan and a company pension plan. Health insurance is part of the package for a large number of survey participants, and for a fair number of workers, dental coverage is too. Additional benefits of working here are tuition reimbursement, life insurance, and a company cell phone.