Average Salary for Abbott Laboratories Employees

Operating out of North Chicago, Ill., pharmaceutical preparations industry company Abbott Laboratories employs talent in positions ranging from Biotechnology Senior Research Scientist to Medical Devices Quality Engineer. Compensation for Abbott Laboratories employees tends to be around $85K annually. Your role at the company plays the largest role in compensation at Abbott Laboratories, but how long you've been working and geography affect income (to a lesser degree) as well. This report is based on responses to the PayScale salary survey.

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How This Employer Pays

Abbott Laboratories typically pays:
5%
above market
Similar employers pay:
-4%
below market
Similar companies include:
Kaiser Permanente, COMMSCOPE, Inc.
Employer: Abbott Laboratories
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
[-]Senior Research Scientist, Biotechnology (8)
$66,002 - $136,266  
   
[-]Senior Research Scientist, Biotechnology (8)
Salary$65,981 - $124,889  
   
Bonus$1,179 - $16,982  
Profit Disbursement$1,649 - $13,743  
Total Pay$66,002 - $136,266  
[+]Senior Financial Analyst (6)
$69,682 - $121,769  
   
[+]Senior Financial Analyst (6)
Salary$61,480 - $109,678  
   
Bonus$2,217 - $18,228  
Total Pay$69,682 - $121,769  
[+]Quality Engineer, Medical Devices (6)
$51,386 - $119,459  
   
[+]Quality Engineer, Medical Devices (6)
Salary$56,119 - $110,308  
   
Bonus$1,175 - $11,628  
Profit Disbursement$634 - $7,385  
Total Pay$51,386 - $119,459  
[+]Business Systems Analyst (5)
$50,859 - $116,114  
   
[+]Business Systems Analyst (5)
Salary$50,029 - $110,681  
   
Bonus$720 - $11,129  
Profit Disbursement$1,124 - $8,823  
Total Pay$50,859 - $116,114  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 10 Nov 2014 | Individuals Reporting: 298
United States (change)

About This Company

North Chicago, Illinois 

1888

Pharmaceutical Preparations, Biotechnology, Pharmaceutical industry


Freebase CC-BY Source: Freebase, licensed under CC-BY

Jobs

Earning $149K on average, Marketing Directors receive the most money, followed by Product Managers of Healthcare (approximately $102K), Medical Devices Quality Engineers (around $93K), and Biotechnology Senior Research Scientists ($91K). Earning only $64K, Financial Analysts make less than most people in the company.

Years of Experience

Those with one to four years of experience at the company can expect to make about $71K. Those who have five to nine years of work experience see an average salaries of approximately $82K. When we consider tenure, a substantial portion of employees (35 percent) have been working for 10-19 years and make $93K per year.

Locations

Median pay is highest in Chicago (around $109K annually), followed by San Francisco (about $98K), Santa Clara ($86K), and the company's headquarter city of North Chicago ($83K). On the lower end is Columbus at $69K. By state, the highest compensation levels appear in Illinois, where the average salary is about $93K per year.

Certifications and Degrees

Clinical Laboratory Scientist Certifications have significantly higher pay than non-accredited workers at approximately $115K. Certified Public Accountants with credentials can live quite comfortably; salaries come in at $102K annually. Abbott Laboratories provides the highest financial reward to those with a Doctor of Philosophy (PhD), Biochemistry (BCH) — these employees rake in $154K per year.

Skills

When it comes to skills, employees who report Budget Management among their abilities seem to make the most, reporting a median income of around $127K. A common skill in Abbott Laboratories' work force is Microsoft Excel; roughly one in seven of survey participants report using it on the job. Employees also tend to know Project Management, Microsoft Office, and Data Analysis.

Benefits and Perks

The company pays out both vacation time and sick leave for only 38 percent. Abbott Laboratories helps its workers sock away funds for retirement, offering plans such as a 401(k) plan and a company pension plan. The greater part of workers report having health insurance, and a strong majority of workers report having dental coverage. Abbott Laboratories folks also make good use of life insurance, tuition reimbursement, and a company cell phone.

Key Stats for Abbott Laboratories

Gender

Female
43 %
Male
57 %
Salary
$55,762 - $101,878
Salary
$61,151 - $110,330
Less than 1 year
3%
1-4 years
23%
5-9 years
26%
10-19 years
33%
20 years or more
14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 71 votes.

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