Millennials at Abbott | Comparably
At Abbott, we’re committed to helping you live your best possible life through the power of health. For more than 125 years, we’ve brought new products and technologies to the world -- in nutrition, diagnostics, medical devices and branded generic pharmaceuticals -- that create more possibilities for more people at all stages of life. Today, 74,000 of us are working to help people live not just longer, but better, in the more than 150 countries we serve. read more
EMPLOYEE
PARTICIPANTS
1012
TOTAL
RATINGS
7298

Millennials at Abbott

Millennials at Abbott grade their overall culture a C-; also rating it 64/100, 8 points lower than Abbott's overall culture as rated by all 1012 employees on Comparably. Millennials are considered more demanding and to have higher expectations than their more experienced colleagues. Three areas millennials working at Abbott think their company is performing well in are: Team (B), CEO Rating (B), and Executive Team, (B+).

Work Life Balance & Community Outreach at Abbott

Millennials working at Abbott and everywhere else are striving for a balanced life. At Abbott, not many employees are satisfied with their work life balance. The average Abbott employee receives 10-15 paid days off per year, and socializes with their peers never outside of work. See what employees at Abbott think about their work life balance.

AnswerPercent
Yes48%
No52%
Are you satisfied with your work/life balance?
AnswerPercent
Unlimited0%
20-30 days32%
15-20 days28%
10-15 days32%
0-10 days8%
How much paid vacation and sick days can you take a year?
AnswerPercent
Weekly0%
Monthly37%
Sometimes36%
Infrequently18%
Never9%
How frequently does your company participate in community outreach?

Mentorship and Professional Growth for Millennials at Abbott

Within Chicago, 39% of millennials shared they have a mentor. At Abbott, 29% of millennials say they receive mentorship, which leads to the assumption that Abbott is a great place to work for millennials focused on their professional growth. See what employees think about mentorship and professional growth at Abbott.

AnswerPercent
Yes29%
No71%
Do you have a mentor at work?
AnswerPercent
Yes44%
No56%
Is your company invested in your career growth?

Sentiment Toward Perks & Benefits at Abbott

Employees at Abbott have ranked their perks and benefits in the Top 25% of companies within Chicago and in the Top 15% of similarly-sized companies on Comparably. When asked to estimate how much employees think Abbott spends on their benefits, the most common answer selected is $500 -$1000/mo. If Abbott employees had to select an additional benefit not already provided it would be gym/health club membership. Learn about perks & benefits at Abbott.

AnswerPercent
Yes76%
No24%
Are you satisfied with your Benefits?
AnswerPercent
Yes74%
No26%
Do your company's benefits play a part in staying at that company?
AnswerPercent
Paid Time Off0%
Career Training0%
Decision Making47%
Fun Culture38%
Retirement Contribution15%
What Doesn't Your Company Provide, that You Want?

Retaining Millennials at Abbott

It’s difficult to retain a millennial, and all three aforementioned sections listed bear importance. To recap, Abbott employees rate their work life balance a D. They do not think highly of Abbott's professional growth opportunities. Employees have graded Abbott's perks and benefits an A-. These ratings and reviews lead us to conclude that Abbott is a suitable company for the millennial workforce. Learn more about Abbott's efforts to retain employees.

AnswerPercent
Yes73%
No27%
Would you leave your current job for a 20% raise at a different company?
AnswerPercent
Yes30%
No70%
Do Your Company Leaders Do What They Should to Retain You as an Employee?
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