The highest paychecks go to Senior Software Engineers, who earn an average $115K annually, closely trailed by Clinical Project Managers ($110K), Senior Regulatory Affairs Specialists (around $96K), and Clinical Research Associates ($79K). Financial compensation for Regulatory Affairs Specialists is rather low — on average only approximately $73K — relative to the rest of the company.
Years of Experience
Respondents who have been working for five to nine years make about $86K per year on average. Between the one and five year mark, median pay is approximately $70K annually. The largest slice of the St. Jude Medical, Inc. workforce (32 percent) has been working for 10-19 years and earns, on average, about $105K per year.
When it comes to location, the highest average paycheck (around $105K annually) can be spotted in Plymouth, Minn.; Sunnyvale, Calif. ($90K), Los Angeles, Calif. ($90K), and Minneapolis, Minn. ($89K) are the next top-paying cities. On the lower end is Plano, Texas at approximately $71K. U.S. pay levels are highest in the state of Minnesota; salaries there average to about $90K per year.
Certifications and Degrees
Being an ASQ Certified Quality Engineer certainly has its perks — salaries approach $107K annually and far exceed the paychecks of those without certification. On average, salaries rise to around $95K per year for accredited Project Management Professionals. It pays to have a Master of Science (MS), Regulatory Science at St. Jude Medical, Inc. — these employees make the most at $115K annually.
In this position, it pays to have Project Management in your toolkit; employees who claim proficiency enjoy a higher median salary of $95K per year. Quality Assurance / Quality Control is a popular skill in the St. Jude Medical, Inc. workforce; approximately one in eight of those surveyed report putting it to use in their jobs. Many workers usually know Regulatory Compliance, Data Analysis, and Microsoft Office as well.
Benefits and Perks
Benefits packages do tend to lack paid time off; St. Jude Medical, Inc. gives paid vacation days to 38 percent and sick leave to 22 percent. Most respondents save for retirement through St. Jude Medical, Inc.'s 401(k) plan. Perks cover health insurance for the vast majority of workers and dental coverage for the vast majority of employees. The list of perks also includes a stock purchase plan, life insurance, tuition reimbursement, and a subsidized cell phone.