Bringing in the most money are Principal Scientists — their earnings average approximately $122K per year. Senior Regulatory Affairs Specialists are a close second at $87K along with Pharmaceuticals Sales Representatives (about $82K) and Mechanical Engineers ($73K). Near the bottom at Abbott Laboratories are Financial Analysts, pulling in an average of just $59K.
Years of Experience
Five to nine years of work experience seem to result in median wages of around $84K annually. For those with one to four years of experience, median paychecks reach $71K per year. Broken down by tenure, the largest share of Abbott Laboratories employees (29 percent) have 10-19 years of experience and earn around $102K annually on average.
When it comes to location, the highest average paycheck ($101K per year) can be spotted in Abbott Park, Ill.; Los Angeles, Calif. ($88K), Dallas, Texas (approximately $87K), and Columbus, Ohio (about $87K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Des Plaines, Ill. — at approximately $66K, salaries are some of the lowest in the country. By state, Abbott Laboratories pays its California employees the most; the pay rate there is about $97K annually.
Certifications and Degrees
Monetary compensation comes to $120K per year for SAS Certified Advanced Programmer for SAS 9s, far surpassing the earnings of non-credentialed workers. Certified Fraud Examiners with credentials can live quite comfortably; median salaries come in at around $112K annually. Abbott Laboratories compensates Master of Business Administration (MBA)-holders the most at $127K per year.
The highest-paying skill in this position seems to be Product Development; individuals who report it as part of the repertoire have a median income of $97K annually. A relatively widespread skill at Abbott Laboratories is Project Management; around one in five of employees use it for work. Three more common skills are Data Analysis, Microsoft Excel, and Microsoft Office.
Benefits and Perks
The benefits packages at Abbott Laboratories can sometimes lack paid time off; 28 percent get paid vacation days, and one in five respondents 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. Perks cover health insurance for most employees and dental coverage for a strong majority of workers. Additional benefits of working here are tuition reimbursement, life insurance, and a casual working environment.