Average Salary for Covidien Employees

An average Covidien employee can expect to make $73K annually. Though how long you've been working and what you do at the company do impact pay, your city is the primary influence on employee salary at Covidien. This report is based on answers to PayScale's salary questionnaire.

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Employer: Covidien
Average Salary Range by Job
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About This Company

131 FRONT STREET
Hamilton HM-12


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

Locations

When it comes to location, the highest average paycheck (around $104K per year) can be spotted in Boulder, Colo.; Minneapolis, Minn. (about $100K), New Haven, Conn. ($80K), and Irvine, Calif. ($70K) are the next top-paying cities. Greenwood, S.C. ranks low on the pay scale — at $42K, it is one of the lowest-paid cities. The highest pay by state can be found in Colorado, where salaries average out at approximately $98K annually.

Years of Experience

Survey participants who have worked at Covidien for between five and 10 years earn around $73K per year on average. Workers who have been with the company for more than one year but less than five can make approximately $61K annually on average. The largest slice of the Covidien workforce (33 percent) has been working for 10-19 years and earns, on average, $94K per year.

Jobs

The highest average salaries go to Senior Software Engineers, who bring in close to $108K annually, though Senior Product Development Engineers are not far behind at about $98K along with Senior Mechanical Engineers ($95K) and Medical Device Sales Representatives ($75K). Covidien hands out some of the smallest paychecks to Product Development Engineers (around $61K on average).

Certifications and Degrees

ASQ Certified Quality Auditors earn about $120K per year, far more than their non-accredited counterparts. Earning a Certified Six Sigma Black Belt certification garners significant financial rewards of approximately $110K annually on average. Those with a Master of Business Administration (MBA), Business Administration at Covidien come out on top, and their salaries approach $105K per year.

Skills

In this role, the best-paying skill appears to be Product Development; individuals who claim it among their capabilities enjoy a higher median salary of $95K annually. Microsoft Office is a popular skill among Covidien workers, with close to a fifth of those surveyed reporting using it on the job. Project Management, Data Analysis, and Microsoft Excel are also desirable skills.

Benefits and Perks

Nearly all workers allocate some part of their earnings to the company-sponsored 401(k) savings plan. A large number of respondents can count on health insurance, and a strong majority of respondents have dental coverage as a benefit. Other privileges include a stock purchase plan, life insurance, a company cell phone, a casual working environment, and tuition reimbursement.

Covidien Employer Job Listings

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Key Stats for Covidien

Gender

Female
45 %
Male
55 %
Salary
$48,479 - $92,043
Salary
$46,084 - $106,730
Less than 1 year
7%
1-4 years
33%
5-9 years
15%
10-19 years
31%
20 years or more
14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 10 votes.

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