What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »

Average Salary for Covidien Employees

Compensation for Covidien employees tends to be around $75K annually. Though how long you've been working and your city do impact pay, what you do at the company is the primary influence on employee salary at Covidien. This overview is based on answers to PayScale's salary questionnaire.

How This Employer Pays

Covidien typically pays:
at market
 

We couldn't find any similar companies in our data. Do you work at a similar company?

Employer: Covidien
Average Salary Range by Job
Job (Number Reporting)
National Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$80K$160K$240K
[-]Manufacturing Engineer (9)
$45,394 - $91,696  
   
[-]Manufacturing Engineer (9)
Salary$47,362 - $88,304  
   
Bonus$336.09 - $7,110  
Total Pay$45,394 - $91,696  
[+]Quality Engineer, Medical Devices (5)
$45,275 - $100,957  
   
[+]Quality Engineer, Medical Devices (5)
Salary$47,804 - $92,292  
   
Bonus$626 - $6,325  
Total Pay$45,275 - $100,957  
[+]Product Development Engineer (3)
$52,760 - $81,903  
   
[+]Product Development Engineer (3)
Salary$52,553 - $79,385  
   
Bonus$621 - $6,057  
Total Pay$52,760 - $81,903  
[+]Marketing Director (3)
$112,665 - $235,188  
   
[+]Marketing Director (3)
Salary$102,655 - $183,509  
   
Bonus$9,783 - $49,981  
Total Pay$112,665 - $235,188  
 Precise Range (?
XPrecise ranges are calculated based on validated data submitted by employees in this job at this company.
)     Estimated Range (?
XWhen PayScale has limited employee-submitted data, we base estimated ranges on a broader set of relevant employee profiles to calculate the most accurate ranges for this job at this company.
)
Country: United States | Currency: USD | Updated: 21 Nov 2014 | Individuals Reporting: 199
United States (change)

About This Company

131 FRONT STREET
Hamilton HM-12


Freebase CC-BY Source: Freebase, licensed under CC-BY

Jobs

Marketing Directors represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at $150K — though Senior Mechanical Engineers, Medical Devices Quality Engineers, and Product Development Engineers also do fairly well at approximately $93K, $74K, and $66K, respectively. On the lower end are Sales Operations Analysts at around $50K.

Years of Experience

Those who have five to nine years of work experience see an average salaries of about $71K. The largest slice of the Covidien workforce (30 percent) has been working for one to four years and earns $59K per year.

Locations

Median pay is highest in Boulder (around $92K annually), followed by Boston ($87K), Irvine (approximately $77K), and New Haven ($75K). North Haven ranks low on the pay scale — at about $63K, it is one of the lowest-paid cities. Across its U.S. offices, the state of Minnesota pays Covidien the most — $100K per year on average.

Certifications and Degrees

Project Management Professionals are compensated at a much higher rate than non-authorized workers, bringing in close to $116K. ASQ Certified Quality Auditors with credentials can live quite comfortably; salaries come in at around $96K annually. Regarding salaries and education, Covidien pays those with a Doctorate (PhD) the most — approximately $118K.

Skills

The highest-paying skill to have in this role seems to be Product Development; employees claiming this as part of the toolbox earn a median of about $91K. Project Management also popped up often in the survey as an important skill; between a fifth and a fourth of employees surveyed report using it at work. Microsoft Excel, Microsoft Office, and Engineering Design round out the set of key employee skills.

Benefits and Perks

Only 45 percent at Covidien enjoy paid vacation time, and just a quarter of workers can take sick leave. To plan for old age, the vast majority of workers maintain savings accounts through the company's 401(k) plan. At Covidien, a solid majority of workers have health insurance, and a strong majority of workers have dental coverage. The list of perks also includes a stock purchase plan, life insurance, tuition reimbursement, and a company cell phone.

Key Stats for Covidien

Gender

Female
38 %
Male
62 %
Salary
$44,544 - $99,830
Salary
$51,454 - $110,309
Less than 1 year
3%
1-4 years
31%
5-9 years
26%
10-19 years
26%
20 years or more
16%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 49 votes.

Subscribe to Our Newsletter

Salary and career advice to put you a step ahead.
newsletter icon

ADVERTISEMENT

Recent Blog Posts on Career News

Want to Get More Specific? Get a Salary Report Customized for YOU

Tell us about your current job and your skillset, and we’ll let you know how much employers are paying in your area.