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AbbVie Inc.
3.7
based on 199 Reviews
Company Overview
Company Locations
Working at AbbVie Inc.
Company Summary
AbbVie operates in the biopharmaceutical sector, focusing on innovative treatments for complex health challenges across various therapeutic areas.
Overall Rating
3.7/5
based on 199 reviews
5% below
industry average
Critically rated for
Promotions
Work Policy
Hybrid
50% employees reported
Alternate Saturday off
35% employees reported
Flexible timing
81% employees reported
Within city
41% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
3 employees reported
Job/Soft skill training
3 employees reported
Cafeteria
1 employee reported
View detailed benefits
About AbbVie Inc.
Founded in--
India Employee Count1k-5k
Global Employee Count--
Headquarters--
Office Locations
--
Websiteabbvie.com
Primary Industry
Other Industries
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AbbVie is a global biopharmaceutical company focused on creating medicines and solutions that put impact first for patients, communities, and our world. The company aims to address complex health issues and enhance people's lives through core therapeutic areas: immunology, oncology, neuroscience, eye care, aesthetics, and other areas of unmet need. AbbVie strives to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow.
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AbbVie Inc. Ratings
based on 199 reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
89
4
50
3
23
2
17
1
20
Category Ratings
3.7
Salary
3.6
Company culture
3.6
Work-life balance
3.6
Skill development
3.5
Work satisfaction
3.4
Job security
3.0
Promotions
AbbVie Inc. is rated 3.7 out of 5 stars on AmbitionBox, based on 199 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at AbbVie Inc.
based on 189 reviews
4.0
Rated by 34 Women
Rated 3.9 for Work-life balance and 3.8 for Salary
3.7
Rated by 155 Men
Rated 3.7 for Salary and 3.6 for Company culture
Work Policy at AbbVie Inc.
based on 18 reviews in last 6 months
Hybrid
50%
Work from office
39%
Permanent work from home
11%
AbbVie Inc. Reviews
Top mentions in AbbVie Inc. Reviews
+ 5 more
Compare AbbVie Inc. with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 199 reviews | 4.0/5 based on 6.8k reviews | 4.0/5 based on 5.8k reviews | 4.1/5 based on 6.9k reviews |
Highly Rated for | No highly rated category | Skill development Company culture Work-life balance | Salary Skill development Job security | Skill development Salary Work-life balance |
Critically Rated for | Promotions | Promotions | No critically rated category | No critically rated category |
Primary Work Policy | Hybrid 50% employees reported | Work from office 74% employees reported | Work from office 82% employees reported | Work from office 73% employees reported |
Rating by Women Employees | 4.0 Good rated by 34 women | 4.0 Good rated by 755 women | 4.0 Good rated by 442 women | 4.1 Good rated by 681 women |
Rating by Men Employees | 3.7 Good rated by 155 men | 4.1 Good rated by 5.7k men | 4.0 Good rated by 5k men | 4.1 Good rated by 5.8k men |
Job security | 3.4 Average | 3.5 Good | 3.8 Good | 3.7 Good |
View more
AbbVie Inc. Salaries
AbbVie Inc. salaries have received with an average score of 3.7 out of 5 by 199 employees.
Business Development Manager
(122 salaries)
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₹5.6 L/yr - ₹15.5 L/yr
Senior Territory Manager
(105 salaries)
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₹5 L/yr - ₹10.8 L/yr
Key Account Manager
(42 salaries)
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₹5.3 L/yr - ₹15.5 L/yr
Territory Manager
(29 salaries)
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₹4.9 L/yr - ₹8.4 L/yr
Senior Area Sales Manager
(20 salaries)
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₹9.4 L/yr - ₹19.4 L/yr
Senior Manager Finance
(16 salaries)
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₹14 L/yr - ₹27.5 L/yr
Regional Sales Manager
(15 salaries)
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₹20 L/yr - ₹24.4 L/yr
Clinical Specialist
(13 salaries)
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₹8 L/yr - ₹14.3 L/yr
Key Account Specialist
(10 salaries)
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₹8 L/yr - ₹11.2 L/yr
Senior Territory Sales Manager
(9 salaries)
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₹6.2 L/yr - ₹9 L/yr
AbbVie Inc. Jobs
Popular Designations AbbVie Inc. Hires for
Senior Territory Manager
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Business Development Manager
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Territory Manager
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Key Account Specialist
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Popular Skills AbbVie Inc. Hires for
Current Openings
AbbVie Inc. News
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Why AbbVie Stock is on Sale
- AbbVie (ABBV) stock is currently on sale for several reasons.
- The termination of the Alector collaboration agreement will result in a $3.5 billion impairment charge.
- AbbVie issued a weaker forecast for the fourth quarter, cutting its earnings per share by $0.88.
- Despite the uncertainties, ABBV stock has potential to return to $200 with its attractive dividend and revenue growth.
Baystreet | 15 Jan, 2025
When Should Investors Rotate from the Magnificent 7 To Dividend Growth?
- Investors may need to prepare for rotating out of the magnificent seven stocks (Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, Tesla) and consider dividend growth stocks.
- The 10-year U.S. treasury bond yields are approaching 5.0%, indicating a potential asset class rotation.
- Defensive industry stocks such as General Dynamics, Lockheed Martin, and RTX, as well as drug sector stocks like Bristol-Myers, Merck, Pfizer, GSK, and AbbVie, are worth considering.
- ETFs like Schwab's SCHD that offer dividends and growth could also be a viable option.
Baystreet | 8 Jan, 2025
Companies sold a record $8 trillion of bonds last year amid high demand and lower borrowing costs
- Companies sold a record $7.93 trillion worth of bonds last year, marking a more than one-third increase from the previous year.
- Surging corporate borrowing is driven by increased investor demand and low borrowing costs.
- Companies like AbbVie, Cisco, and Bristol Myers Squibb used bond sales to fund their acquisitions.
- The outlook for corporate borrowing is uncertain due to recent hawkish commentary from Fed officials.
Insider | 4 Jan, 2025
First order under Centre’s updated UCPMP code, on Abbvie, sees divergent views
- The Apex Committee for Pharma Marketing Practices has found Abbvie in breach of the UCPMP code for sponsoring foreign vacations for healthcare practitioners.
- Abbvie was reprimanded for unethical marketing practices after sponsoring trips under the guise of conferences.
- The OPPI exonerated Abbvie, while the Special Audit Committee concluded the opposite.
- The Apex Committee has requested tax evaluation and action against the HCPs involved.
HinduBusinessLine | 24 Dec, 2024
Apex Committee for Pharma Marketing Practices finds Abbvie in violation of ethics code
- The Apex Committee for Pharma Marketing Practices has found Abbvie in violation of the ethics code.
- Abbvie has been reprimanded for unethical marketing practices after an anonymous complaint.
- The complaint alleged that Abbvie provided travel tickets and hotel accommodation for pleasure trips disguised as conferences.
- The Department of Pharmaceuticals has constituted a Special Audit Committee to examine the allegations and evaluate the tax liability of Abbvie and the healthcare professionals involved.
HinduBusinessLine | 24 Dec, 2024
Activis: Exploring the Legacy and Impact of a Global Brand
- Activis is a global pharmaceutical company known for its high-quality generic drugs and innovative healthcare solutions.
- The company traces its roots to Iceland and has expanded globally through mergers and acquisitions.
- Activis specializes in producing affordable generic drugs and focuses on various therapeutic areas.
- In 2015, Activis rebranded as Allergan, encompassing branded pharmaceuticals and biologics in its portfolio.
Medium | 28 Nov, 2024
Stocks to Trade: BMY, ALB, ABBV, MRNA, and MPWR
- Bristol-Myers Squibb (BMY) surged by 10.49% following AbbVie's (ABBV) disappointing late-stage trial results for emraclidine.
- AbbVie's stock lost around $40 billion in market capitalization despite its $9 billion acquisition.
- Moderna (MRNA) experienced an 8.71% loss and a 15.53% decline in the last week, primarily due to concerns over Covid vaccine sales.
- Monolithic Power (MPWR) dropped 15% after an analyst report raised concerns about its performance issues for voltage regulator module/Power Management IC.
Baystreet | 12 Nov, 2024
Neuland Labs Share Price Hits Record High As KarXT Gains Focus After AbbVie Drug Setback
- Neuland Labs share price surged after AbbVie’s emraclidine trial setback shifted focus to KarXT.
- As the exclusive Xanomaline manufacturer, Neuland stands to benefit from increased KarXT demand.
- Neuland Labs share price has risen by 193% in 2024, with analysts advising 'buy' on the stock.
- KarXT has a projected peak sales forecast of $7-10 billion, boosting Neuland's growth potential.
Bloomberg Quint | 12 Nov, 2024
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AbbVie Inc. Offices
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AbbVie Inc. FAQs
How many employees does AbbVie Inc. have in India?
AbbVie Inc. currently has more than 1,500+ employees in India. Sales & Business Development department appears to have the highest employee count in AbbVie Inc. based on the number of reviews submitted on AmbitionBox.
Does AbbVie Inc. have good work-life balance?
AbbVie Inc. has a Work-Life Balance Rating of 3.6 out of 5 based on 100+ employee reviews on AmbitionBox. 70% employees rated AbbVie Inc. 4 or above, while 30% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read AbbVie Inc. work-life balance reviews for more details
Is AbbVie Inc. good for career growth?
Career growth at AbbVie Inc. is rated as moderate, with a promotions and appraisal rating of 3.0. 30% employees rated AbbVie Inc. 3 or below, while 70% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading AbbVie Inc. promotions/appraisals reviews for more detailed insights.
What are the cons of working in AbbVie Inc.?
Working at AbbVie Inc. does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, based on 100+ employee reviews on AmbitionBox.
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