TOP
50 DIVERSITY
2010
Abbott NO.
10
In its seventh year on the list, Abbott continues to
demonstrate strong human-capital demographics,
especially for women, and an inclusive corporate culture
that enhances retention and talent development.
{
INDUSTRY
Pharmaceuticals
MAIN COMPE TITORS
Merck & Co., Roche, Sanofi-Aventis
U.S. HEADQUARTERS
Abbott Park, Ill.
NUMBER OF U.S. EMPLOYEES
33,410
OF OPERATIONS
OUTSIDE U. S.
49
PROFILES
1-10
PROFILES
11-20
DIVERSI TYINC LISTS
NO. 6 The DiversityInc Top
10 Companies for
Asian Americans
The DiversityInc Top
10 Companies for
Executive Women
PROFILES
21-30
PROFILES
31-40
PROFILES
41-50
The pharmaceutical company has exemplary work/life benefits,
including onsite childcare, recreation clubs, legal discounts
and referrals, health coaching and assessments (both including
spouses), and a phased retirement program called Freedom to
Work that lets employees 55 and older with 10 years of service reduce or change their responsibilities without impacting
benefits.
Abbott also has strong benefits for lesbian and gay partners of
employees, including bereavement leave, adoption assistance, relocation assistance, health-risk assessment and coaching and long-term-care insurance. The company also includes gender identity in its
nondiscrimination policy.
The company has a variety of diversity training and makes it mandatory for the entire workforce.
The types of training include orientation for new hires with a diversity component as well as leadership training.
Twenty-six percent of Abbott’s philanthropy goes to multicultural charities, including the AIDS
Foundation of Chicago, Helping Hands, Howard University and Out & Equal. The Abbott Foundation
gives to the Point Foundation, which offers scholarships to college students who may have been financially and/or emotionally affected by sexual orientation, gender expression or gender identity.
Fifty percent of its managers participate in its formal mentoring program, which has a focused
cross-cultural component, includes top management, has training for mentors and mentees and effectively measures results.
NO. 7
{
25 NOTEWORTHY
COMPANIES
DIVERSITYINC
LISTS
MILES D. WHITE
Chairman & CEO
“Fostering an inclusive workplace
is essential for Abbott’s success. We
count on having a variety of per-
spectives to drive the innovation we
need to bring our science, and our
company, to a higher level.”
WILLIAM LEE
Director, Corporate Diversity, Inclusion
& Compliance
“As Abbott’s businesses continue to
grow globally, our employee population has become more diverse as
well. We view our diversity as a tremendous asset for our innovation-driven businesses and continue to
focus on building an inclusive culture
that values and leverages people’s
differences to provide Abbott with a
competitive advantage.”
To read the extended company profiles, visit
www.DiversityInc.com/top50
40 DiversityInc
