Average Salary for Medtronic, Inc. Employees

Employees at Medtronic, Inc. make $78K per year on average. Your experience level influences pay for Medtronic, Inc. workers the most, followed by your job title and your city. This report is based on responses to the PayScale salary survey.

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Employer: Medtronic, Inc.
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Years of Experience

Five to nine years of work experience seem to result in median wages of around $85K annually. The largest slice of the Medtronic, Inc. workforce (36 percent) has been working for one to four years and earns, on average, $69K per year.


The highest paychecks go to Senior Research & Development (R&D) Engineers, who earn an average approximately $97K annually, closely trailed by Senior Mechanical Engineers (about $88K), Medical Devices Clinical Specialists ($79K), and Medical Devices Quality Engineers ($77K). Medical Device Sales Representatives are among the lowest paid at a median salary of $59K.


When it comes to location, the highest average paycheck ($87K per year) can be spotted in Minneapolis, Minn.; Irvine, Calif. (around $83K), Los Angeles, Calif. (approximately $83K), and Boulder, Colo. ($76K) are the next top-paying cities. High paychecks are not found in Memphis, Tenn.; in fact, at about $71K it is one of the worst-paid cities. Within the firm, employees working in Florida take home the most — $91K annually on average.

Certifications and Degrees

Salaries approach about $112K per year for Project Management Professionals; non-accredited workers make much less. Earning a Certified Six Sigma Black Belt certification garners significant financial rewards of $110K annually on average. At Medtronic, Inc., employees who hold a Master of Business Administration (MBA), Marketing receive the highest salaries at around $118K.


When it comes to skills, employees who report Product Development among their abilities seem to make the most, reporting a median income of approximately $96K per year. 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 Data Analysis were also reported by many survey participants.

Benefits and Perks

A large number of respondents save for retirement through Medtronic, Inc.'s 401(k) plan. Most employees can count on health insurance, and most survey participants have dental coverage as a benefit. Some other advantages of working at Medtronic, Inc. are a stock purchase plan, life insurance, a casual working environment, tuition reimbursement, and a subsidized cell phone.

Medtronic, Inc. Employer Job Listings

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Key Stats for Medtronic, Inc.


43 %
57 %
$51,339 - $90,105
$57,256 - $107,142

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 126 votes.
Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more
$52,619 - $93,334
$63,938 - $100,016
$46,091 - $97,967
Bachelor of Science, Mechanical Engineering (BSME)
$62,541 - $105,957
Years in Fields/Career:
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