Average Salary for Medtronic, Inc. Employees

A salary of $80K annually is the median rate at Medtronic, Inc. For the most part, employee paychecks at Medtronic, Inc. fluctuate depending on how long you've been working; your role at the company and geography also matter, but to a lesser degree. The data for this report comes from responses to the PayScale salary survey.

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Medtronic, Inc. Median Salary by Job

MinMax

$77,389
$59K$98K

$79,875
$60K$101K

$72,780
$60K$81K

United States (change)

$58,958
$35K$82K

$69,593
$50K$82K

$99,034
$88K$109K

$75,734
$52K$102K

See all degrees for Medtronic, Inc. »
  • Currency: USD
  • Updated: 16 Jan 2018
  • Individuals Reporting: 1,232
  • View Table

Find out more about pay at Medtronic, Inc.

Years of Experience

Survey participants who have worked at Medtronic, Inc. for between five and 10 years earn $85K per year on average. Broken down by tenure, the largest share of Medtronic, Inc. employees (35 percent) have one to four years of experience and earn about $70K annually on average.

Jobs

Earning $99K per year on average, Senior Research & Development (R&D) Engineers receive the most money, followed by Medical Devices Clinical Specialists (around $80K), Medical Devices Quality Engineers (approximately $77K), and Mechanical Engineers ($76K). On the lower end are Medical Device Sales Representatives at $59K on average.

Locations

When it comes to location, the highest average paycheck ($88K annually) can be spotted in Minneapolis, Minn.; Los Angeles, Calif. (around $83K), Northridge, Calif. ($83K), and Irvine, Calif. (approximately $83K) are the next top-paying cities. Those interested in increasing earning potential should avoid the city of Boulder, Colo. — at about $76K, salaries are some of the lowest in the country. By state, the highest compensation levels appear in California, where the average salary is $86K per year.

Certifications and Degrees

Salaries approach $118K annually for Project Management Professionals; non-accredited workers make much less. On average, salaries rise to around $100K per year for accredited Certified Six Sigma Black Belts. Those with a Master of Business Administration (MBA), Marketing at Medtronic, Inc. come out on top, and their salaries approach $117K annually.

Skills

Employees who count Project Management among their skills enjoy higher pay; the median for this group is approximately $91K per year. One of the more prevalent skills at Medtronic, Inc. is Engineering Design, with around one in eight considering it a key competency. Microsoft Excel, Data Analysis, and Microsoft Office were also reported by many survey participants.

Benefits and Perks

Benefits packages do tend to lack paid time off; Medtronic, Inc. gives paid vacation days to a third of respondents and sick leave to one-seventh of workers. Most workers contribute to 401(k) savings accounts sponsored by the firm. Most survey participants receive health insurance, and a large number of respondents get dental coverage. Employees can also look forward to a stock purchase plan, life insurance, tuition reimbursement, and a casual working environment.

Medtronic, Inc. Job Listings

Key Stats for Medtronic, Inc.

Gender

Female
41 %
Male
59 %
Salary
$50,366 - $92,788
Salary
$57,050 - $107,356

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 298 votes.
Less than 1 year
5%
1-4 years
35%
5-9 years
24%
10-19 years
24%
20 years or more
12%
$52,695 - $96,783
$63,552 - $101,843
$46,690 - $95,357
$46,070 - $94,523

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