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A typical Covidien employee can expect to make $74K per year. Your role at the company plays the largest role in compensation at Covidien, but your experience level and where you live affect income (to a lesser degree) as well. This report is based on answers to PayScale's salary questionnaire.
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Job (Number Reporting)
|$45,564 - $91,367|
|Salary||$47,076 - $89,588|
|Bonus||$306.05 - $4,009|
|Total Pay||$45,564 - $91,367|
|$46,504 - $98,443|
|Salary||$48,063 - $92,235|
|Bonus||$640 - $6,582|
|Total Pay||$46,504 - $98,443|
|$42,564 - $79,758|
|Salary||$44,216 - $76,498|
|Bonus||$454.44 - $6,204|
|Total Pay||$42,564 - $79,758|
|$74,150 - $128,058|
|Salary||$71,342 - $118,160|
|Bonus||$1,204 - $12,372|
|Total Pay||$74,150 - $128,058|
Country: United States | Currency: USD | Updated: 6 Nov 2014 | Individuals Reporting: 199
Marketing Directors rake in the most money, with average earnings of approximately $150K; Senior Mechanical Engineers come in second with typical earnings amounting to $93K, while Senior Process Engineers and Medical Devices Quality Engineers rank near the top as well (about $90K and $74K, respectively). Manufacturing Development Engineers are among the lowest paid at around $59K.
A tenure of five to ten years results in average pay of $70K. A typical employee has one to four years of experience and earns $58K annually.
When it comes to location, the highest average paycheck (approximately $95K per year) can be spotted in Minneapolis; Boulder ($86K), Irvine (about $77K), and New Haven ($75K) are the next top-paying cities. At around $62K, North Haven is home to some of the lowest pay in the country. U.S. pay levels are highest in the state of Minnesota; salaries there average to approximately $100K annually.
Project Management Professionals receive bigger paychecks ($116K) than those without credentials. Earning a Certified Six Sigma Green Belt certification garners significant financial rewards of $100K per year. The highest-paying degree here is a Bachelor of Engineering in Electrical Engineering (EE); Covidien awards around $118K to these degree-holders.
Employees who count Product Development among their skills tend to enjoy higher pay; the median for this group is about $93K. Project Management is a popular skill in the Covidien workforce; just under one in four of those surveyed report putting it to use in their jobs. Many workers are also familiar with Microsoft Office, Microsoft Excel, and Engineering Design.
Paid time off is hard to come by at Covidien; the company rewards only half of workers with paid vacation time and only one in four workers with sick leave. A 401(k) program is available, and almost all employees use it to save for retirement. A solid majority of workers can count on health insurance, and a strong majority of workers have dental coverage as a benefit. Covidien also dishes out privileges such as a stock purchase plan, life insurance, a subsidized cell phone, and tuition reimbursement.
$44,544 - $99,830
$51,576 - $109,844
|Highly satisfied||Rated 4 out of 5
based on 51 votes.
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