Average Salary for Medtronic, Inc. Employees

A salary of $79K per year is the median rate at Medtronic, Inc. Your experience level influences pay for Medtronic, Inc. workers the most, followed by your job title and where you live. This report is based on answers to PayScale's salary questionnaire.

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Employer: Medtronic, Inc.
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Years of Experience

Survey participants who have worked at Medtronic, Inc. for between five and 10 years earn around $85K annually on average. When we consider tenure, a substantial portion of employees (35 percent) have been working for one to four years and make $68K per year on average.

Jobs

Earning $98K annually on average, Senior Research & Development (R&D) Engineers receive the most money, followed by Senior Manufacturing Engineers ($85K), Medical Devices Clinical Specialists (approximately $79K), and Medical Devices Quality Engineers (about $78K). Among the lower-paid positions at Medtronic, Inc. are Medical Device Sales Representatives — the median salary for this role approaches $59K.

Locations

When it comes to location, the highest average paycheck ($105K per year) can be spotted in Santa Rosa, Calif.; Minneapolis, Minn. ($89K), Los Angeles, Calif. (about $85K), and Irvine, Calif. (around $82K) are the next top-paying cities. Approaching the lower end of the pay scale (at approximately $70K) is North Haven, Conn. Across Medtronic, Inc.'s U.S. offices, employees in the state of California earn the most, taking home $86K annually.

Certifications and Degrees

Those lacking certification bring in much lower salaries than Project Management Professionals, who make around $115K per year. Bigger paychecks are awarded to Certified Six Sigma Black Belts with credentials; these people earn approximately $110K annually on average. Medtronic, Inc. provides the highest financial reward to those with a Master of Business Administration (MBA), Marketing — these employees rake in $118K per year.

Skills

When it comes to skills, Product Development seems to bolster pay the most; employees who claim proficiency also enjoy a median income of about $97K annually. It's pretty common to find people here who know Project Management; about a fifth consider it a key competency. Many workers are also familiar with Engineering Design, Microsoft Excel, and Data Analysis.

Benefits and Perks

Most employees take advantage of the 401(k) plan that Medtronic, Inc. sponsors. A large number of survey participants report having health insurance, and a large number of respondents report having dental coverage. The list of perks also includes a stock purchase plan, a casual working environment, life insurance, tuition reimbursement, and a subsidized cell phone.

Medtronic, Inc. Employer Job Listings

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Key Stats for Medtronic, Inc.

Gender

Female
42 %
Male
58 %
Salary
$50,459 - $90,740
Salary
$57,028 - $106,051
Less than 1 year
5%
1-4 years
36%
5-9 years
23%
10-19 years
25%
20 years or more
12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 129 votes.
$51,498 - $98,197
$64,203 - $100,644
$46,039 - $100,678
Bachelor of Science, Mechanical Engineering (BSME)
$62,181 - $105,042
$79,733 - $109,009

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