Abbott Employee Benefits 2023

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Welcome to the assistance page for Abbott Laboratories Employee Benefits | Retirement | Alight | Handbook | Center | www.ybr.com/abbott:

Abbott Benefits Center:

844-30-MY-ABC (844-306-9222)

Monday to Friday, 7 a.m. to 7 p.m. CT

 Company Summary:

Abbott Laboratories is an American multinational medical devices and health care company. Their headquarters may be found in Abbott Park, Illinois. Among their products include medical devices, diagnostics, branded generic medicines and nutritional products. Among their well-known products are Pedialyte, Ensure, Similar, Glucerna, and many others. Abbott’s history may be traced back to the late 1800s when a Chicago physician, Wallace Calvin Abbott, founded a company that formulated known drugs. He called the company Abbott Alkaloidal Company in Ravenswood, Chicago. His innovation was the use of the active ingredient of a medicinal plant, generally an alkaloid, which he formed into tiny dosimetric granules.

Did You Know?

In March 2020, Abbott has received emergency use authorization from the FDA for a 2019-nCoV test to assist in lessening the COVID-19 pandemic. Several EUAs and COVID-19 tests followed in the months that followed.  Abbott has a mission to assist people fulfill their potential through health and they can’t do it without their employees. Health programs, workplace flexibility, and benefits are offered to employees. The company is a global leader in the discovery, development, and commercialization of innovative medicines and products for the life sciences. It is one of the largest manufacturers and marketers of brand-name pharmaceuticals, with a portfolio of more than 160 products. Over time, the company began to specialize in the manufacturing, marketing, and distribution of pharmaceuticals.

Company Statement

As an independent, not-for-profit organization, Abbott Laboratories is committed to advancing medical science and improving the lives of patients and their families. The company is also committed to helping people access medicines and healthcare services that meet their needs, and in doing so, they have been guided by their values of integrity, compassion, quality and respect for people. Abbott Laboratories believes respect for their colleagues, customers and the communities they serve is essential to the success as a company. They’re also committed to protecting the environment and ensuring that their products are manufactured and delivered with the least possible impact on the environment and human health. 

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Welcome to the assistance page for Abbott Laboratories Employee Benefits | Retirement | Alight | Handbook | Center | www.ybr.com/abbott:

Abbott Benefits Center:

844-30-MY-ABC (844-306-9222)

Monday to Friday, 7 a.m. to 7 p.m. CT

By submitting this form, you are consenting to receive marketing emails from: HealthManagementCorp (HMC). You can revoke your consent to receive emails at any time by using the Unsubscribe link, found at the bottom of every email. By using this form, you acknowledge that you have read and agree to the Privacy Policy and Terms & Conditions.

 Company Summary:

Abbott Laboratories is an American multinational medical devices and health care company. Their headquarters may be found in Abbott Park, Illinois. Among their products include medical devices, diagnostics, branded generic medicines and nutritional products. Among their well-known products are Pedialyte, Ensure, Similar, Glucerna, and many others. Abbott’s history may be traced back to the late 1800s when a Chicago physician, Wallace Calvin Abbott, founded a company that formulated known drugs. He called the company Abbott Alkaloidal Company in Ravenswood, Chicago. His innovation was the use of the active ingredient of a medicinal plant, generally an alkaloid, which he formed into tiny dosimetric granules.

Did You Know?

In March 2020, Abbott has received emergency use authorization from the FDA for a 2019-nCoV test to assist in lessening the COVID-19 pandemic. Several EUAs and COVID-19 tests followed in the months that followed.  Abbott has a mission to assist people fulfill their potential through health and they can’t do it without their employees. Health programs, workplace flexibility, and benefits are offered to employees. The company is a global leader in the discovery, development, and commercialization of innovative medicines and products for the life sciences. It is one of the largest manufacturers and marketers of brand-name pharmaceuticals, with a portfolio of more than 160 products. Over time, the company began to specialize in the manufacturing, marketing, and distribution of pharmaceuticals.

Company Statement

As an independent, not-for-profit organization, Abbott Laboratories is committed to advancing medical science and improving the lives of patients and their families. The company is also committed to helping people access medicines and healthcare services that meet their needs, and in doing so, they have been guided by their values of integrity, compassion, quality and respect for people. Abbott Laboratories believes respect for their colleagues, customers and the communities they serve is essential to the success as a company. They’re also committed to protecting the environment and ensuring that their products are manufactured and delivered with the least possible impact on the environment and human health. 

Employee Benefits May Include the following:

401k, Pension, Retirement, Retiree, Health Insurance, Medical, Vision, Dental, IRA, Competitive Base Pay, Quarterly Bonus, Paid Time Off, Weekly Pay, Medical, Dental, Vision, Insurance, Health Savings Account, Flexible Spending Accounts, Short-Term and Long-Term Disability, Paid Family Medical Leave, Bereavement, Jury Duty and Parental Leave, Life, Dependent and Accident Insurance, Critical Illness Insurance, Savings Plan 401(k), Company Paid Retirement Benefit, Employee Stock Purchase Plan, Paid Holidays, Flexible Spending Accounts (FSAs), Health Savings Account (HSA), Time Off and Flexible Days, Group Legal Plan, Group Home Auto Insurance, Pet Insurance, Employee Discounts, Adoption Reimbursement, Tuition Reimbursement and Student Loans, Well-Being Programs, etc…

Quick Summary of Benefits:

As of 2019, they have a record of over 100,000 employees in their organization.  Their employees may join in a wide selection of benefit programs as soon as they become eligible.  They may be eligible to the following benefits once they are qualified:

  • Health Insurance
  • Dental Insurance 
  • Vision Program
  • Flexible Spending Account (FSA)
  • Health Savings Account (HSA)
  • Life Insurance 
  • Supplemental Life Insurance
  • Occupational Accident Insurance
  • Mental Health Care
  • Retiree Health and Medical 
  • Accidental Death & Dismemberment Insurance
  • 401K Plan
  • Retirement
  • Pension Plan
  • Performance Bonus

Some of their benefits also include the following:

  • Maternity and Paternity Leave
  • Family Medical Leave
  • Adoption Assistance
  • Dependent Care
  • Reduced or Flexible Hours
  • Work from Home
  • Military Leave
  • Vacation and Time Off
  • Paid Holidays
  • Sick Days
  • Bereavement Leave
  • Employee Discount
  • Employee Assistance
  • Mobile Phone Discount
  • Gym Membership
  • Pet Friendly Workplace
  • Professional Development
  • Job Training
  • Diversity Program
  • Tuition Assistance

Please note that the full list of benefits available to new employees varies from location to location due to differences in local laws, regulations, and customs – and may change at any time.

Your Benefits Resources (YBR) Website:

The YBR Web site is available 24 hours a day, seven days a week. YBR provides information, tools and calculators to help you:

  • Learn how your benefit plans work.
  • Understand the expenses and services that your options cover.
  • Build your own medical plan, selecting from various coverage options.
  • Compare health care and insurance options.
  • Estimate your out-of-pocket costs for your medical options.
  • Search for doctors, dentists, and eye doctors online using the criteria you enter.
  • Choose or change your beneficiary(ies).
  • Estimate your need for:
    • Life and long-term disability insurance coverage; and
    • A health care and/or dependent care spending account.
  • Get answers to questions about your benefits. Use the “Contact Us” link on the site to send a secure question to a Customer Service Representative.

Information on your health and welfare, 401(k), pension and FSA benefits. For example:

Health and welfare

  • View your current health and welfare benefits coverage
  • Make enrollment decisions

401(k)

  • View your current 401(k) balance and change contributions
  • Make fund transfer and investment election changes

Pension

  • If you are eligible for a pension benefit:
    • View your pension information
    • Project your pension income
    • Start your pension
    • Make beneficiary designations and changes (if applicable)

FSA

  • Manage your FSA(s)

General Tasks:

  • Request a new User ID and password or change your existing User ID and password
  • Learn more about your benefits
  • Review, add or change your dependent or beneficiary information on file (if applicable)
  • Understand how a Life Event may affect your benefits
Manage Your Benefits Resources | YBR | Abbott Laboratories Employee Benefits

Staff Member / Employee Account

Current Employees – Login / Sign in:

  1. Visit www.ybr.com/abbott in your preferred internet browser on your device.
  2. Type in your User ID in the space provided.  
  3. Type in your current Password in the space provided.  
  4. Select either the grey “Log on” button to proceed.
  5. You may now be able to manage your account online.

New Employees – Register / Enroll:

  1. Visit www.ybr.com/abbott in your preferred internet browser on your device.
  2. Select the “New User?” link found below the login details.
  3. Type in the last 4 digits of your SSN in the space provided.  
  4. Enter your Date of Birth in the spaces provided.
  5. Select the blue “Continue” button to move forward.
  6. Continue to move forward and provide every important information that is asked of you to create a new account online.

You will be directed to your account details where you may start to manage or review as soon as your registration has been successfully completed.

Other helpful links:

  1. https://digital.alight.com/abbott
  2. https://leplb0460.upoint.alight.com/web/abbott
  3. www.ybr.com/abbott
  4. https://www.ybr.com/abbott
  5. http://www.ybr.com/abbott

Helpful PDF links:

Awards for Abbott Laboratories:

  • Recognized as the World Changing Company of the Year, Fast Company, 2020.
  • Fortune included Abbott in the Best Big Companies to Work For in 2020.

Abbott Laboratories Video Summary

Frequently Asked Questions
  • What are Abbott employee benefits?

Abbott Laboratories employee benefits include disability insurance, retirement plans, paid time off, and much more.

  • Do Abbott employees get discounts?

Yes. According to www.abbottstore.com, abbott employees as well as retirees are limited to $500.

  • How much does Abbott match 401k?

According to www.gibbonsfinancialgroup.com, Abbott matches 5% of their employees 401k.

  • Does Abbott pay bonuses?

The company Abbott Laboratories rarely give out bonuses according to www.comparably.com.