2MM $ Club

I was in sales. Last position was Regional Account Manager.

 

Stock (RSU) received at DM level is around 300 per year with 100 maturing per year ( in other words it take 3 years to get full value from the year received).

 

Very good. I am a technologist, physics and engineering. Salary at Abbott was excellent. Stock options at the startups were outstanding. I guess it's whatever gets you there..

Was 30 years at Abbott hard? It became very political for me. Others have said the same. Overall it was a good job.

 

Am retiring from Home Office at the end of June and am set for life. Abbott/Abbvie has been very good to me and my family. No complaints.

 

"I Company" ??

MORON

 

Yooze are all morons

 

Better than your $2,837 401(k) balance at the age of 60. Idiot.

 

Would everyone be willing to share their average salary and if you invested or spent your bonus

 

The Biggest No Life Loser Right here
24/7/365 on CP, A Worthless POS !

 

Yes.

 

I agree this should not be such a mystery. Don't hide and don't hate. These do change over time but this is after the split. Also, board members get grants by the thousands and tens of thousands. Most RSU recipients Grade 20 and over do not receive profit sharing.
Grade 18 - 26 RSUs should represent approximately 10% to 33% of total compensation respectively. I'll let you do the math.

I retired in 2012 w/ 20+ yrs and doing just fine.


2012 LTI Annual Grant Guidelines - # of RSUs

Grade
Grant Amount Grant Amount for Top 10%
26 4,500 4,950
25 3,200 3,520
24 2,400 2,640
23 1,800 1,980
22 1,400 1,540
21 800 880
20 500 550
U.S. District Manager 200 n/a
19 100 n/a
18 100 n/a

 

Very informative. Is the grant yearly.
Example Grade 18 will receive 100 hrs / yr ?

 

During the tech bubble I made about $1M in options at a startup. What Abbott gives is just BS. Not real money unless you are a way up there....

 

Yes. Grants are issued annually. Usually in Feb.

 

Mgr - Grade 18-19
Sr. Mrg - Grade 20
Controller - Grade 21
Director - Grade 22-23
and so on ....

 

Re: 2MM $ Club or race to the bottom?

These guys should start back at kindergarten class

 

Peon - Grade 1

 

Who gives a sht about vp's, gen mgrs or district managers. You think they are posting on CP. I am a field sales rep and proud of it. I don't care what options they are getting. Remember what you have to do to get those options. Spend everyday kissing someone's ass.

 

Couldn't have said it any better