What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »

Average Salary for Medtronic, Inc. Employees

An average Medtronic, Inc. employee can expect to make $80K per year. Your job title primarily drives compensation; however, your experience level and your city are also reported as secondary influences on salary at Medtronic, Inc. This overview is based on answers to PayScale's salary questionnaire.

Read More

How This Employer Pays

Medtronic, Inc. typically pays:
3%
above market
Similar employers pay:
at 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 (19)
$60,000 - $107,813  
   
[-]Clinical Specialist, Medical Devices (19)
Salary$58,958 - $95,000  
   
Bonus$1,014 - $20,467  
Commission$2,434 - $30,761  
Total Pay$60,000 - $107,813  
[+]Quality Engineer, Medical Devices (15)
$70,249 - $97,890  
   
[+]Quality Engineer, Medical Devices (15)
Salary$66,002 - $93,282  
   
Bonus$2,061 - $9,696  
Total Pay$70,249 - $97,890  
[+]Manufacturing Engineer (13)
$48,824 - $87,775  
   
[+]Manufacturing Engineer (13)
Salary$52,349 - $85,920  
   
Bonus$741 - $13,942  
Total Pay$48,824 - $87,775  
[+]Biomedical Engineer (12)
$42,485 - $97,871  
   
[+]Biomedical Engineer (12)
Salary$48,508 - $108,410  
   
Bonus$688 - $14,529  
Total Pay$42,485 - $97,871  
 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: 29 Mar 2015 | Individuals Reporting: 440

Find Out Exactly What You Should Be Paid

United States (change)

- OR -

Log in with LinkedIn

Comp Managers Click Here »

Jobs

The highest average salaries go to Principal Software Engineers, who bring in close to about $120K annually, though Senior Systems Engineers are not far behind at $95K along with Medical Devices Quality Engineers ($80K) and Medical Devices Clinical Specialists ($78K). On the lower end are Medical Device Sales Representatives at approximately $60K on average.

Years of Experience

Average pay is around $85K per year for those with five to nine years of experience. The largest fraction of Medtronic, Inc. people (30 percent) have been working for one to four years and earn about $68K annually on average.

Locations

When it comes to location, the highest average paycheck ($108K per year) can be spotted in Santa Rosa, Calif.; Minneapolis, Minn. (around $91K), Los Angeles, Calif. ($88K), and Mounds View, Minn. (approximately $79K) are the next top-paying cities. Approaching the lower end of the pay scale (at $72K) is Memphis, Tenn. By state, California offers the highest pay at $87K annually.

Certifications and Degrees

Monetary compensation comes to approximately $123K per year for Project Management Certificate Holders, far surpassing the earnings of non-credentialed workers. Earning a Project Management Professional certification garners significant financial rewards of around $105K annually on average. At Medtronic, Inc., employees who hold a Master of Business Administration (MBA), Business & Marketing receive the highest salaries at $134K.

Skills

The highest-paying skill to have may be Strategic Marketing; employees who claim proficiency also report a higher average salary of $125K per year. Project Management is regularly seen around here; roughly a fifth of those surveyed report it as a core competency. Other skills in demand are Engineering Design, Microsoft Excel, and Microsoft Office.

Benefits and Perks

35 percent receive paid vacation, and only 23 percent get sick leave. A 401(k) program is available, and nearly all survey participants use it to save for retirement. Health insurance comes as part of the deal for the vast majority of survey participants, and most employees report receiving dental coverage as well. The company also dishes out perks such as a stock purchase plan, life insurance, tuition reimbursement, and a casual working environment.

Key Stats for Medtronic, Inc.

Gender

Female
41 %
Male
59 %
Salary
$47,409 - $90,821
Salary
$59,029 - $110,313
Less than 1 year
4%
1-4 years
32%
5-9 years
26%
10-19 years
27%
20 years or more
12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 80 votes.
United States (change)

Subscribe to Our Newsletter

Salary and career advice to put you a step ahead.
newsletter icon

ADVERTISEMENT

Recent Blog Posts on Career News

    #PayChat: Land Your Dream Job!
    Do you dread going to your day job? Does time feel like it is moving backwards? A recent Gallup report titled the State of the American Workplace foun...
    The 5 Best Employers in the US
    What makes an employer good? A combination of job satisfaction, low job stress, flexible work options, and high job meaning – and let's not forget pay...
    Padding Your Resume? 3 Reasons Why You Should Stop
    Are you searching for that dream job, but aren't sure if you're qualified for a step up in your career? If you don't quite yet have all the skills a r...

Want to Get More Specific? Get a Salary Report Customized for YOU

Tell us about your current job and your skillset, and we’ll let you know how much employers are paying in your area.