Covidien overview

Covidien Holding Inc. produces and supplies essential medical products for patients and healthcare providers. It offers advanced energy products, such as electrosurgical hardware, ultrasonic dissection, and vessel sealing products, as well as ablation systems and electrosurgical instruments; gastrointestinal products, including capsule endoscopy, endoscopic ultrasound, gastrointestinal radiofrequency ablation, motility testing, and reflux testing products; and respiratory products, such as acute care ventilation, intubation, open suction, portable ventilation, and tracheostomy products, as well as ventilator filters. The company also provides patient care products, such as advanced wound care, blood and specimen collection, dental care, enteral feeding, hazardous drug protection, incontinence, medication delivery, obstetric and neonatal, pain therapy and recovery, sharps disposal, traditional wound care, urology, and vascular compression products, as well as dialysis catheters, and needles and syringes; and patient monitoring products, including brain monitoring, capnography monitoring, cerebral/somatic oximetry, health informatics and monitoring, OEM technology, pulse oximetry, recording chart paper, temperature management, and thermometry products, as well as cardiology electrodes. In addition, it offers surgical products, such as cardiothoracic, hernia repair, OR safety, OR suction, patient positioning, patient preparation, sports surgery, surgical stapling, and wound closure, as well as hand instruments and ligation devices, OR accessories, smoke evacuation systems, surgical set-up kits, and trocars and access instruments. The company provides clinical conditions, clinical outcomes, diagnostics, interventions and treatments, and specialty solutions. The company was incorporated in 1998 and is based in Minneapolis, Minnesota. As of January 26, 2015, Covidien Holding Inc. operates as a subsidiary of Medtronic plc.
The staff at Covidien come from unusually diverse demographic backgrounds. The company is 37.2% female and 40.8% ethnic minorities. Covidien employees are slightly more likely to be members of the Republican Party than the Democratic Party, with 59.2% of employees identifying as members of the Republican Party. Despite their political differences, employees at Covidien seem to be happy. The company has great employee retention with staff members usually staying for 3.9 years. The average employee at Covidien makes $59,036 per year. Pay at Covidien is significantly lower than some of its highest paying competitors, like Sound Physicians, Nueterra Holdings, and Philips Electronics North America, which pay $117,068, $82,183, and $79,779, respectively.
Covidien is an industry leader with 39,000 employees and an annual revenue of $10.7B that is headquartered in the United States.

The Organization’s Mission

To contribute to human welfare by application of biomedical engineering in the research, design, manufacture, and sale of instruments or appliances that alleviate pain, restore health, and extend life. To direct our growth in the areas of biomedical engineering where we display maximum strength and ability; to gather people and facilities that tend to augment these areas; to continuously build on these areas through education and knowledge assimilation; to avoid participation in areas where we cannot make unique and worthy contributions.

Industry

Health Care

Revenue

$10.7B

Employees

39,000

Founded in

1998

Headquarters

-

Website

www.medtronic.com

Organization Type

-

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Covidien Salaries

How much does Covidien pay?
The national average salary for a Covidien employee in the United States is $59,036 per year. Employees in the top 10 percent can make over $108,000 per year, while employees at the bottom 10 percent earn less than $32,000 per year.
8.7
Salary Score
Average Employee Earnings

Covidien Salaries By Job Title

While Covidien employees earn an average yearly salary of $59,036, different roles can command different wages. Some of the job titles with high salaries at Covidien are Team Leader, Project Manager, Human Resources Manager, and Manufacturing Engineer. A worker with the title Team Leader salary at Covidien can earn an average yearly salary of $111,821. Some of the other roles at Covidien are Assembly Line Worker and Assembler. A worker with the title Assembly Line Worker at Covidien earns an average salary of $21,669 per year.

Covidien careers

On average, employees at Covidien stay with the company for 3.9 years. Employees most commonly join Covidien after leaving Boston Scientific. When they leave Covidien, they most frequently get their next job at Medtronic.

Average Length of Employment

Covidien

3.9 years
Medtronic3.5 years
Top Employers Before Covidien
US Army7.0 %
Walmart7.0 %
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Top Employers After Covidien
Medtronic28.1 %
Walmart9.3 %
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Covidien Financial Performance

9.8
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1998

Organization type

-

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Covidien Competitors

Competitors of Covidien include Sound Physicians, Nueterra Holdings, and Philips Electronics North America. The wages at Sound Physicians average higher than the other similar companies, where the median salary is $117,068 per year. Employees at Nueterra Holdings earn an average of $82,183 per year, and the employees at Philips Electronics North America earn an average salary of $79,779 per year.

Frequently Asked Questions about Covidien

When was Covidien founded?

Covidien was founded in 1998.

How many Employees does Covidien have?

Covidien has 39,000 employees.

How much money does Covidien make?

Covidien generates $10.7B in revenue.

What industry is Covidien in?

Covidien is in the health care industry.

What is Covidien's mission?

Covidien's mission statement is "To contribute to human welfare by application of biomedical engineering in the research, design, manufacture, and sale of instruments or appliances that alleviate pain, restore health, and extend life. To direct our growth in the areas of biomedical engineering where we display maximum strength and ability; to gather people and facilities that tend to augment these areas; to continuously build on these areas through education and knowledge assimilation; to avoid participation in areas where we cannot make unique and worthy contributions."

Who are Covidien's competitors?

Covidien competitors include Medtronic, Baxter Regional Medical Center, Lux Biosciences, Aduro BioTech, Philips Electronics North America, Nueterra Holdings, C. R. Bard, Vanguard Resources, Brooklyn Perinatal Network, Pedus Service, Sound Physicians, TYCO HEALTHCARE RETAIL GROUP, Dialysis Newco, Almstead Tree, Senior Living Management, AMN Healthcare, Edwards Lifesciences, WCA Group, Genzyme, NLS Animal Health.

What is Covidien's website?

You can find the Covidien website at www.medtronic.com.

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You can find out what it is like to work at Covidien, also known as COVIDIEN HLDGS INC, Covidien Holding Inc, Covidien Holding Inc. and Covidien Inc.

Zippia gives an in-depth look into the details of Covidien, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Covidien. The employee data is based on information from people who have self-reported their past or current employments at Covidien. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Covidien and its employees or that of Zippia.