Medtronic overview

Medtronic plc is the world's largest medical device company that generates the majority of its sales and profits from the U.S. healthcare system but is headquartered on the island of Ireland for tax purposes. Medtronic has an operational and executive headquarters in Fridley, Minnesota in the U.S.
The staff at Medtronic come from unusually diverse demographic backgrounds. The company is 37.7% female and 43.8% ethnic minorities. Medtronic employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 56.4% of employees identifying as members of the Democratic Party. Despite their political differences, employees at Medtronic seem to be happy. The company has great employee retention with staff members usually staying for 3.5 years. The average employee at Medtronic makes $75,507 per year. Pay at Medtronic is significantly lower than some of its highest paying competitors, like Genentech, Johnson & Johnson, and Abbott, which pay $95,373, $90,441, and $88,676, respectively.
Medtronic is an industry leader with 49,000 employees and an annual revenue of $1.3B that is headquartered in Minneapolis, Minnesota.

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.

Industry

Medical Device

Revenue

$1.3B

Employees

49,000

Founded in

1949

Headquarters

Minneapolis, MN

Website

medtronic.com

Organization Type

Public

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The team at Medtronic

Key People
  • Omar Ishrak (ceo)

The Culture At Medtronic

Information provided by the company
Medtronic is working with the global community to change the way people manage diabetes. Together, we will transform diabetes care by expanding access, integrating care and improving outcomes, so people with diabetes can enjoy greater freedom and better health. The Medtronic Diabetes Business.
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We provide lifelong solutions for people with chronic diseases guided firmly by our mission to alleviate pain, restore health and extend life. Today, every half a second the life of someone somewhere in the world is improved by a Medtronic product or therapy. Medtronic has a culture of camaraderie, pride in our work, and trust in management.
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New technologies and access to information are making things possible that open innovative and game changing systems possible. At Medtronic Diabetes, we work in the challenging space where medical devices are in the hands of everyday people and those people expect the state of the art technology to help make managing their diabetes easier and more connected.
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About - Diabetes Business GroupThe Diabetes Group is working with the global community to change the way people manage diabetes. Together, we will transform diabetes care by expanding access, integrating care and improving outcomes, so people with diabetes can enjoy greater freedom and better health.
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Medtronic is working with the global community to change the way people manage diabetes. Together, we will transform diabetes care by expanding access, integrating care and improving outcomes, so people with diabetes can enjoy greater freedom and better health.
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Medtronic Reviews

Zippia Official Logo

4.0

Zippia UserFebruary 2020

4.0

Zippia Official LogoZippia UserFebruary 2020

What Do You Like About Working There?

Changing lifes , new challenges Show More

What DON'T You Like About Working There?

Process complications, supply chain Show More

What Are Your Favorite Benefits/Perks?

Health insurance Show More
Zippia Official Logo

4.0

Zippia UserOctober 2019

4.0

Zippia Official LogoZippia UserOctober 2019

What Do You Like About Working There?

Large company where you know you are apart of something great Show More

What DON'T You Like About Working There?

Large company Show More

What Are Your Favorite Benefits/Perks?

knowledge Show More
Zippia Official Logo

5.0

Zippia UserSeptember 2019

5.0

Zippia Official LogoZippia UserSeptember 2019

What Do You Like About Working There?

Dedication to the mission. People understand that this is a company that is truly dedicated to restoring health across the world. Show More

What DON'T You Like About Working There?

Sometimes feel disconnected from your team because they may be spread across the country Show More

What Are Your Favorite Benefits/Perks?

Time off and Leave Benefits. Short term disability paid at 100% for up to 9 weeks and 70% after that. 26 weeks of short term disability. Maternity leave is paid for 12 weeks. Paternal leave paid 6 weeks. Show More
Zippia Official Logo

2.0

Zippia UserAugust 2019

2.0

Zippia Official LogoZippia UserAugust 2019

What Do You Like About Working There?

Pay is good & the products are important to our customers. Show More

What DON'T You Like About Working There?

While the products are important to our customers, the PM's on the projects would cut as many corners as possible to save a buck. The teams aren't that nice. SLOW!!! Show More

What Are Your Favorite Benefits/Perks?

The area is nice & there is a pension if you stay long enough (which since the Medtronic/Covidien merger there haven't been many people that stay in their unit for longer than 3+ years when they enter the job) Show More
Zippia Official Logo

5.0

Zippia UserAugust 2019

5.0

Zippia Official LogoZippia UserAugust 2019

What Do You Like About Working There?

I like working there because the services are good Show More

What DON'T You Like About Working There?

They pay low wages Show More

What Are Your Favorite Benefits/Perks?

It is not quite clear Show More
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Medtronic Rankings

Medtronic is ranked #13 on the Best Health Care Companies to Work For in Minnesota list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Medtronic Salaries

How much does Medtronic pay?
The national average salary for a Medtronic employee in the United States is $75,507 per year. Employees in the top 10 percent can make over $112,000 per year, while employees at the bottom 10 percent earn less than $50,000 per year.
9.4
Salary Score
Average Employee Earnings

Medtronic Salaries By Job Title

While the average employee salary at Medtronic is $75,507, there is a big variation in pay depending on the role. Some of the job titles with high salaries at Medtronic are Senior Scientist, Information Technology Technician, Principal Technologist, and Team Leader. A worker with the title Senior Scientist salary at Medtronic can earn an average yearly salary of $118,170. To get a better sense of the salaries at Medtronic, other roles such as Assembly Line Worker and Assembly Associate can be considered as well. For comparison, the title Assembly Line Worker at Medtronic earns $23,754 per year.

Medtronic careers

On average, employees at Medtronic stay with the company for 3.5 years. Employees most commonly join Medtronic after leaving Boston Scientific. When they leave Medtronic, they most frequently get their next job at St. Jude Medical Center.

Average Length of Employment

Medtronic

3.5 years
Stryker2.7 years
Top Employers Before Medtronic
Target5.7 %
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Top Employers After Medtronic
Target5.8 %
Amgen5.6 %
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Medtronic Employment Videos

Medtronic Financial Performance

7.0
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1949

Organization type

Public

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Medtronic Competitors

Some of the competitors of Medtronic are Genentech, Johnson & Johnson, and Abbott. The wages at Genentech average higher than the other similar companies, where the median salary is $95,373 per year. The salaries at Johnson & Johnson average $90,441 per year, and the salaries at Abbott come in at $88,676 per year.

Frequently Asked Questions about Medtronic

When was Medtronic founded?

Medtronic was founded in 1949.

How many Employees does Medtronic have?

Medtronic has 49,000 employees.

How much money does Medtronic make?

Medtronic generates $1.3B in revenue.

What industry is Medtronic in?

Medtronic is in the medical device industry.

What is Medtronic's mission?

Medtronic'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."

What type of company is Medtronic?

Medtronic is a public company.

Who are Medtronic's competitors?

Medtronic competitors include Edwards Lifesciences, Stryker, Johnson & Johnson, Baxter International, Boston Scientific, Baxter Regional Medical Center, Genentech, Philips Electronics North America, Guidant, C. R. Bard, Genzyme, Cordis, Roche Diagnostics, Hologic, Hill-Rom Holdings, St. Jude Medical Center, Abbott, PerkinElmer, Illumina, Synthes.

Who works at Medtronic?

Omar Ishrak (ceo)

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You can find out what it is like to work at Medtronic, also known as MEDTRONIC ATS MED INC, Medtronic, Medtronic ATS Medical, Inc., Medtronic Inc and Medtronic plc.

Zippia gives an in-depth look into the details of Medtronic, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Medtronic. The employee data is based on information from people who have self-reported their past or current employments at Medtronic. 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 Medtronic and its employees or that of Zippia.