Abbott Laboratories Benefits

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Most Popular Benefits

Benefit/Perk
Employees
0
606
401(k)
606 employees
Paid Holidays / Vacation
419 employees
Paid Sick Leave
334 employees
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United States (change)
Life Insurance/Disability
291 employees
Education/Training/Tuition/Certification Reimbursement
227 employees
Casual Dress/Atmosphere
176 employees
Cell Phone
150 employees

Benefits Summary

Retirement & Financial Benefits
Profit Sharing
401(k) Plan
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Health Insurance
Dental Insurance
Vision Insurance
Long-term Disability Insurance
Life Insurance
Accidental Death & Dismemberment Insurance
Temporary Disability Insurance
Severance Pay
Abbott Laboratories workers collect several options for pension plans and other perks. Numerous workers in the United States, like Abbott Laboratories workers, participate in group health plans sponsored by their employer, through which a large percentage of each employee's health insurance premium is paid for by their employer. In this system, businesses are provided with tax deductions for their contributions and employees collect the insurance tax-free. Abbott Laboratories offers health, dental, and vision insurance. Abbott Laboratories also offers long-term disability insurance, group life insurance, death benefits, which cover certain causes of death, and short-term disability insurance for accidents or illness. To help ensure a steady source of cash later in life, many employees use employer-funded pension plans. Abbott Laboratories offers defined benefit pension plans and defined contribution pension plans. With a defined benefit retirement plan, retirees collect fixed payments upon retirement. With a defined contribution pension plan, businesses help workers save and invest for retirement.

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