Pros
The company brand is very well known, great benefits package that helps employees with all areas of their lives.
Cons
Many Abbott leaders have only ever worked for Abbott thus giving them tunnel vision and not keeping current with the market fluctuations. Their compensation packages are not competitive with the markets especially those employees who don't live in Chicago. They require employees be onsite 5 days a week when their competitors are letting them work remotely. They are old-fashioned. It is also very politically charged as opposed to a meritocracy because of the leaders and employees that have been there so long. They tend to get the promotional opportunities because of long-standing relationships and not giving them to high performers who aren't as engaged in the politics. Also the work load is tremendous and pressure is very high.