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The median income for Medtronic, Inc. employees is $79K annually. At Medtronic, Inc., the biggest piece of the paycheck puzzle is your job title — it impacts salary more than anything else — though how long you've been working and your city each factor into the equation as well. This report is based on responses to the PayScale salary survey.
Job (Number Reporting)
|$67,871 - $108,974|
|Salary||$60,114 - $96,995|
|Bonus||$2,682 - $28,129|
|Commission||$1,907 - $29,052|
|Total Pay||$67,871 - $108,974|
|$61,825 - $106,654|
|Salary||$59,764 - $96,958|
|Bonus||$2,027 - $9,863|
|Total Pay||$61,825 - $106,654|
|$47,700 - $88,440|
|Salary||$50,194 - $98,167|
|Bonus||$919 - $13,467|
|Total Pay||$47,700 - $88,440|
|$50,241 - $111,595|
|Salary||$52,914 - $111,297|
|Bonus||$1,418 - $18,993|
|Total Pay||$50,241 - $111,595|
Country: United States | Currency: USD | Updated: 30 Oct 2014 | Individuals Reporting: 367
Nearing the top of the pay scale are Principal Software Engineers, Senior Systems Engineers, Mechanical Engineers, and Medical Devices Quality Engineers; while the first receives the highest median pay at $122K, the other salaries come in at approximately $92K, $80K, and $78K, respectively. Medical Device Sales Representatives make about $65K, close to the bottom of the company pay scale.
Those with one to four years of experience at the company can expect to make around $68K. By and large, the biggest segment of Medtronic, Inc.'s workforce (30 percent) have been working for five to nine years and take home $86K per year.
Median pay is highest in Santa Rosa ($108K annually), followed by Minneapolis (about $91K), Northridge ($80K), and Mounds View (approximately $80K). Approaching the lower end of the pay scale (at around $72K) is Memphis. Pay rates in the United States are highest in the state of Massachusetts, where they average to $107K per year.
Those lacking certification bring in much lower salaries than Project Management Professionals, who make around $113K. Salaries typically rise to approximately $100K annually for accredited Certified Six Sigma Black Belts. Employees who have a Master of Business Administration (MBA), Business & Marketing make the most here, hauling in $134K per year.
The highest-paying skill to have may be Product Development; employees who claim proficiency also report a higher average salary of $109K. Project Management also popped up often in the survey as an important skill; somewhere between a fifth and a fourth of employees surveyed report using it at work. A typical employee's toolkit also contains Engineering Design, Microsoft Excel, and Microsoft Office.
36 percent receive paid vacation, and only a quarter of workers get sick leave. Almost all employees plan for retirement by taking advantage of the company-sponsored 401(k) program. Perks cover health insurance for almost all workers and dental coverage for a solid majority of workers. The list of perks also includes life insurance, a stock purchase plan, tuition reimbursement, and flexible hours.
$46,780 - $94,684
$59,398 - $109,814
|Extremely satisfied||Rated 5 out of 5
based on 76 votes.
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