Years of Experience
Five to nine years of work experience seem to result in median wages of approximately $86K per year. When we consider tenure, a substantial portion of employees (33 percent) have been working for one to four years and make around $68K annually on average.
Senior Research & Development (R&D) Engineers earn the highest median pay at $98K per year, followed by Senior Manufacturing Engineers ($88K), Biomedical Engineers (about $79K), and Medical Devices Quality Engineers ($77K). Financial compensation for Medical Devices Clinical Specialists is rather low — on average only around $65K — relative to the rest of the company.
When it comes to location, the highest average paycheck (about $93K annually) can be spotted in Boston, Mass.; Valencia, Calif. ($85K), Maple Grove, Minn. ($85K), and Minneapolis, Minn. ($82K) are the next top-paying cities. Expected earnings are below average (approximately $70K) in Arden Hills, Minn., one of the lowest-paid cities. By state, the highest pay levels are found in Maryland, where the average Boston Scientific Corporation employee makes around $95K per year.
Certifications and Degrees
Licensed Lawyers earn $172K annually, far more than their non-accredited counterparts. Bigger paychecks are awarded to Certified Public Accountants with credentials; these people earn $138K per year on average. Boston Scientific Corporation workers who hold a Master of Business Administration (MBA), Management are also well compensated, earning $110K on average.
The highest-paying skill to have may be Project Management; employees who claim proficiency also report a higher average salary of about $91K annually. Microsoft Excel is regularly seen around here; nearly one in six of those surveyed report it as a core competency. Data Analysis, Engineering Design, and Microsoft Office are also desirable skills.
Benefits and Perks
35 percent receive paid vacation, and only 23 percent get sick leave. For employees looking to save up for their golden years, Boston Scientific Corporation provides an optional 401(k) plan, and most respondents participate. Perks cover health insurance for almost all survey participants and dental coverage for a large number of workers. Boston Scientific Corporation also dishes out privileges such as a casual working environment, tuition reimbursement, gym membership, and a stock purchase plan.