Abbott Laboratories Benefits

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Most Popular Benefits

Benefit/Perk
Employees
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700
401(k)
700 employees
Paid Holidays / Vacation
548 employees
Paid Sick Leave
419 employees
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Life Insurance/Disability
391 employees
Education/Training/Tuition/Certification Reimbursement
290 employees
Casual Dress/Atmosphere
214 employees
Cell Phone
179 employees
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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 provides many retirement savings plans and perks. Like Abbott Laboratories employees, many workers in the United States depend on employer-sponsored health benefits, through which businesses typically foot the bill for a significant portion of their workers' health insurance premiums. In this setup, employers are given tax deductions for their contributions and employees collect the coverage tax-free. Abbott Laboratories offers health, dental, and vision insurance. Abbott Laboratories also provides 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 dependable flow of money later in life, countless employees avail themselves of employer-funded pension plans. Abbott Laboratories offers defined benefit pension plans and defined contribution pension plans. A defined benefit pension plan pays workers a predetermined sum when they retire. With a defined contribution retirement plan, businesses help workers save and invest for retirement.

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