Most Popular Benefits
Paid Holidays / Vacation
Paid Sick Leave
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Retirement & Financial Benefits
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Long-term Disability Insurance
Accidental Death & Dismemberment Insurance
Temporary Disability Insurance
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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