Nearing the top of the pay scale are Research & Development Managers, Senior Software Engineers, Clinical Project Managers, and Senior Supplier Quality Engineers; while the first receives the highest median pay at approximately $117K per year, the other salaries come in at $115K, about $110K, and $97K, respectively. Regulatory Affairs Specialists are among the lowest paid at a median salary of around $73K.
Years of Experience
Average pay is $86K annually for those with five to nine years of experience. Broken down by tenure, the largest share of St. Jude Medical, Inc. employees (33 percent) have one to four years of experience and earn around $70K per year on average.
When it comes to location, the highest average paycheck ($105K annually) can be spotted in Plymouth, Minn.; Sunnyvale, Calif. (approximately $90K), Los Angeles, Calif. (about $89K), and Minneapolis, Minn. ($89K) are the next top-paying cities. Plano, Texas is one of the lowest-paid cities, with earnings averaging $70K. St. Jude Medical, Inc. workers in Minnesota earn the most — $90K per year on average.
Certifications and Degrees
Being a Certified Six Sigma Black Belt certainly has its perks — salaries approach $115K annually and far exceed the paychecks of those without certification. On average, salaries rise to about $107K per year for accredited ASQ Certified Quality Engineers. Employees who have a Master of Science (MS), Regulatory Science make the most here, hauling in around $115K annually.
The highest-paying skill to have in this role seems to be Project Management; employees claiming this as part of the toolbox earn a median of $95K per year. Quality Assurance / Quality Control also popped up often in the survey as an important skill; about an eighth of employees surveyed report using it at work. Some other standard skills here are Regulatory Compliance, Data Analysis, and Microsoft Office.
Benefits and Perks
Two-fifths of survey participants have paid vacation, and only about one in five survey participants can take paid time off for illness. A large number of respondents take advantage of the 401(k) plan that St. Jude Medical, Inc. sponsors. The vast majority of employees report having health insurance, and almost all employees report having dental coverage. A few more workplace perks are a stock purchase plan, life insurance, tuition reimbursement, and a company cell phone.