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.
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.
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.
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.