Average Salary for Medtronic, Inc. Employees

The average employee at Medtronic, Inc. takes home $77K per year. Your experience level influences pay for Medtronic, Inc. workers the most, followed by your job title and where you live. The data in this summary comes from the PayScale salary survey.

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Medtronic, Inc. Median Salary by Job

MinMax

Quality Engineer, Medical Devices
38 profiles
$76,078
$59K$98K

Clinical Specialist, Medical Devices
24 profiles
$80,278
$59K$100K

Medical Device Sales Representative
14 profiles
$52,402
$33K$80K

Mechanical Engineer
11 profiles
$75,641
$51K$121K

Regulatory Affairs Specialist
10 profiles
$62,496
$45K$81K

Senior Research & Development (R&D) Engineer
9 profiles
$96,081
$89K$102K

Program Manager, Engineering
9 profiles
$121,129
$112K$145K

  • Currency: USD
  • Updated: 16 Jul 2017
  • Individuals Reporting: 664
  • View Table

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Find out more about pay at Medtronic, Inc.

Years of Experience

For those who claim five to nine years of work experience, pay on average amounts to $85K annually. The largest fraction of Medtronic, Inc. people (36 percent) have been working for one to four years and earn about $69K per year on average.

Jobs

The highest paychecks go to Senior Research & Development (R&D) Engineers, who earn an average approximately $95K annually, closely trailed by Medical Devices Clinical Specialists ($80K), Mechanical Engineers (around $77K), and Medical Devices Quality Engineers ($76K). Among the lower-paid positions at Medtronic, Inc. are Medical Device Sales Representatives — the median salary for this role approaches $55K.

Locations

When it comes to location, the highest average paycheck (approximately $103K per year) can be spotted in Santa Rosa, Calif.; Mansfield, Mass. ($97K), North Haven, Conn. (about $82K), and Minneapolis, Minn. ($82K) are the next top-paying cities. Approaching the lower end of the pay scale (at around $75K) is Boulder, Colo. Within the company, workers earn the highest salaries (an average of about $83K annually) in California.

Certifications and Degrees

Project Management Professionals earn approximately $116K per year, far more than their non-accredited counterparts. On average, salaries rise to $105K annually for accredited ASQ Certified Quality Auditors. Medtronic, Inc. provides the highest financial reward to those with a Doctorate (PhD) — these employees rake in $125K per year.

Skills

The highest-paying skill to have in this role seems to be Product Development; employees claiming this as part of the toolbox earn a median of $93K annually. A common skill in Medtronic, Inc.'s work force is Project Management; close to a fifth of survey participants report using it on the job. Employees also tend to know Microsoft Excel, Data Analysis, and Engineering Design.

Benefits and Perks

A large number of employees report contributing to a 401(k). Most employees report having health insurance, and most respondents report having dental coverage. Medtronic, Inc. folks also make good use of a stock purchase plan, tuition reimbursement, life insurance, a casual working environment, and a subsidized cell phone.

Medtronic, Inc. Job Listings

Key Stats for Medtronic, Inc.

Gender

Female
42 %
Male
58 %
Salary
$50,861 - $88,949
Salary
$57,339 - $105,705

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 182 votes.
Less than 1 year
5%
1-4 years
37%
5-9 years
24%
10-19 years
23%
20 years or more
12%
$52,991 - $91,419
$63,765 - $93,959
$46,757 - $93,778
Bachelor of Science, Mechanical Engineering (BSME)
$59,739 - $94,730
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