Bringing in the most money are Senior Software Engineers — their earnings average around $114K per year. Senior Regulatory Affairs Specialists are a close second at about $92K along with Clinical Research Associates ($86K) and Medical Device Sales Representatives ($80K). Among the lower-paid positions at St. Jude Medical, Inc. are Regulatory Affairs Associates — the median salary for this role approaches approximately $65K.
Years of Experience
Between the one and five year mark, median pay is $70K annually. Survey participants who have worked at St. Jude Medical, Inc. for between five and 10 years earn around $88K per year on average. The greater proportion of employees (32 percent) report 10-19 years of experience and bring home median pay of $104K annually.
When it comes to location, the highest average paycheck (approximately $105K per year) can be spotted in Plymouth, Minn.; St. Paul, Minn. (about $99K), Minneapolis, Minn. ($94K), and Austin, Texas ($91K) are the next top-paying cities. Expected earnings are below average (around $70K) in Plano, Texas, one of the lowest-paid cities. By state, St. Jude Medical, Inc. pays its Minnesota employees the most; the pay rate there is $94K annually.
Certifications and Degrees
Being a Certified Six Sigma Black Belt certainly has its perks — salaries approach $115K per year and far exceed the paychecks of those without certification. Bigger paychecks are awarded to Certified Six Sigma Green Belts with credentials; these people earn $95K annually on average. Employees who have a Master of Science (MS), Regulatory Science make the most here, hauling in approximately $115K 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 about $100K annually. Project Management is considered a run-of-the-mill skill; just under one in three of St. Jude Medical, Inc.'s people use it regularly. Regulatory Compliance, Quality Assurance / Quality Control, and Data Analysis were also reported by many survey participants.
Benefits and Perks
St. Jude Medical, Inc. lets only 42 percent take paid vacation and only a fifth of workers take sick leave. A large number of respondents save up for retirement through a 401(k) plan. The vast majority of respondents have health insurance, and benefits for nearly all respondents also include dental insurance. A few more workplace perks are a stock purchase plan, life insurance, tuition reimbursement, and a company cell phone.