Years of Experience
Respondents who have been working for five to nine years make $85K per year on average. The largest fraction of Medtronic, Inc. people (31 percent) have been working for one to four years and earn about $69K annually on average.
When it comes to location, the highest average paycheck (around $110K per year) can be spotted in Santa Rosa, Calif.; Minneapolis, Minn. (approximately $92K), Los Angeles, Calif. ($87K), and Mounds View, Minn. ($79K) are the next top-paying cities. At about $65K, Portsmouth, N.H. is home to some of the lowest pay in the country. By state, Medtronic, Inc. pays its California employees the most; the pay rate there is $89K annually.
Earning $99K per year on average, Senior Systems Engineers receive the most money, followed by Medical Devices Quality Engineers (approximately $81K), Biomedical Engineers (around $78K), and Medical Devices Clinical Specialists ($77K). With salaries averaging around $62K, Medical Device Sales Representatives are among the lowest paid at Medtronic, Inc.
Certifications and Degrees
Those lacking certification bring in much lower salaries than APICS Certification in Production and Inventory Managements, who make $130K annually. Acquiring certification to be a Project Management Professional is rewarded with median pay of about $105K per year. Those with a Master of Business Administration (MBA), Business & Marketing at Medtronic, Inc. come out on top, and their salaries approach approximately $136K annually.
The highest-paying skill to have in this role seems to be Strategic Marketing; employees claiming this as part of the toolbox earn a median of $130K per year. One of the more prevalent skills at Medtronic, Inc. is Project Management, with around one in five considering it a key competency. Engineering Design, Microsoft Excel, and Microsoft Office were also reported by many survey participants.
Benefits and Perks
As part of compensation, Medtronic, Inc. gives paid vacation to 31 percent and paid sick leave to 22 percent. Almost all workers plan for retirement by taking advantage of the company-sponsored 401(k) program. For the vast majority of workers, benefits include health insurance, and a large number of survey participants get dental coverage, too. Some other perks are life insurance, a stock purchase plan, tuition reimbursement, and a casual working environment.