Average Salary for Medtronic, Inc. Employees

The average employee at Medtronic, Inc. takes home $79K annually. The most important factor affecting pay for Medtronic, Inc. employees is your role at the company, though how long you've been working and geography play a role as well. The data in this summary comes from the PayScale salary survey.

How This Employer Pays

Medtronic, Inc. typically pays:
3%
above market
Similar employers pay:
-1%
below market
Employer: Medtronic, Inc.
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$50K$100K$150K
[-]Clinical Specialist, Medical Devices (15)
$67,871 - $108,974  
   
[-]Clinical Specialist, Medical Devices (15)
Salary$60,114 - $96,995  
   
Bonus$1,999 - $30,101  
Commission$2,382 - $29,751  
Total Pay$67,871 - $108,974  
[+]Quality Engineer, Medical Devices (13)
$61,825 - $106,654  
   
[+]Quality Engineer, Medical Devices (13)
Salary$59,764 - $96,958  
   
Bonus$2,027 - $9,863  
Total Pay$61,825 - $106,654  
[+]Manufacturing Engineer (12)
$48,391 - $87,988  
   
[+]Manufacturing Engineer (12)
Salary$51,744 - $98,153  
   
Bonus$574 - $12,249  
Total Pay$48,391 - $87,988  
[+]Biomedical Engineer (11)
$42,169 - $98,633  
   
[+]Biomedical Engineer (11)
Salary$47,665 - $105,154  
   
Bonus$681 - $8,399  
Total Pay$42,169 - $98,633  
 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: 30 Oct 2014 | Individuals Reporting: 383
United States (change)

Jobs

Typically, Principal Software Engineers are the best paid with salaries hovering at about $122K; Senior Systems Engineers, Mechanical Engineers, and Medical Devices Quality Engineers also rank near the top of the list, pulling in approximately $92K, $80K, and around $78K, respectively. Near the bottom at Medtronic, Inc. are Medical Device Sales Representatives, pulling in just $65K.

Years of Experience

Between the one and five year mark, pay is typically $68K. Broken down by tenure, the largest share of Medtronic, Inc. employees (30 percent) have five to nine years of experience and typically earn $86K per year.

Locations

Median pay is highest in Santa Rosa ($108K annually), followed by Minneapolis (approximately $91K), Northridge (around $80K), and Mounds View ($80K). Expected earnings are below average (about $72K) in Memphis, one of the lowest-paid cities. Medtronic, Inc. workers in Massachusetts earn the most — $107K per year on average.

Certifications and Degrees

Project Management Professionals earn around $113K, far more than their non-accredited counterparts. Certified Six Sigma Black Belts with credentials can live quite comfortably; salaries come in at $100K annually. The best paid folks at Medtronic, Inc. have a Master of Business Administration (MBA), Business & Marketing, earning about $134K per year.

Skills

Employees who count Product Development among their skills tend to enjoy higher pay; the median for this group is approximately $109K. Project Management is considered a run-of-the-mill skill; slightly less than a fourth of Medtronic, Inc.'s people use it regularly. Engineering Design, Microsoft Excel, and Microsoft Office are also desirable skills.

Benefits and Perks

Benefits packages do tend to lack paid time off; Medtronic, Inc. gives paid vacation days to 36 percent and sick leave to a quarter of workers. Nearly all workers participate in the company's 401(k) retirement savings plan. The vast majority of workers report having health insurance, and a strong majority of workers report having dental coverage. Employees can also look forward to life insurance, a stock purchase plan, tuition reimbursement, and flexible hours.

Key Stats for Medtronic, Inc.

Gender

Female
40 %
Male
60 %
Salary
$46,780 - $94,684
Salary
$59,398 - $109,814
Less than 1 year
3%
1-4 years
32%
5-9 years
27%
10-19 years
26%
20 years or more
12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 76 votes.

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