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Medtronic Company Culture
Medtronic Culture
This score is derived from employee ratings & reviews4.0/5
Medtronic's Overall Culture is rated B
Top Rated Culture Dimensions
Perks & Benefits
ACompensation
B+Happiness
BOutlook
BTeam
BMedtronic CEO
Top 50%Top 50% of Similar Size Companies on Comparably
Geoff Martha
69 /100
See More
Diversity at Medtronic
Top 35%Top 35% of Similar Size Companies on Comparably
B
Diverse employees at Medtronic have rated Perks And Benefits, Compensation, and Team as the highest categories they have scored
Women at Medtronic
Top 35%Top 35% of Similar Size Companies on Comparably
B
Women at Medtronic have rated Team, Perks And Benefits, and Outlook as the highest categories they have scored
Medtronic eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Top 35%Top 35% of Similar Size Companies on Comparably
Recommend to a Friend?
12
Medtronic employees are 12% more likely to recommend Medtronic as a great place to work
| 45% | Promoters |
|---|---|
| 22% | Passives |
| 33% | Detractors |
Working at Medtronic
Working at Medtronic is rated average by 1185 employees, across various culture dimensions. Medtronic employees are most satisfied about Perks And Benefits, Compensation, and Happiness categories, putting Medtronic’s culture in the Top 30% compared to similar sized companies on Comparably and in the Top 35% compared to other companies in Minneapolis. See below in detail how working at Medtronic was rated by employees.
Overall Company Culture at Medtronic
B
Overall Company Culture at Medtronic is rated B
Last updated today
Top
30%
Medtronic ranks in the Top 30% of other companies on Comparably with 10,000+ Employees for Overall Company Culture Score
Medtronic Employee Reviews
Out of 638 Medtronic employee reviews, 84% were positive. The remaining 16% were constructive reviews with the goal of helping Medtronic improve their work culture.
| Positive Reviews | 84% |
|---|---|
| Constructive Feedback | 16% |
Positive Reviews From Medtronic Employees
- What is most positive about the culture and environment at your company?We connect together outside work as company social club but we pay for it.
- What is the best part about your compensation package?A good Salary which is above industry average.
- What do you like best about the leadership team?They do empower you yet with very limited resources.
Constructive Feedback From Medtronic Employees
- What's going wrong and how can it be improved?The culture, how people are treated
- What needs to change to make the company culture better?Need to change a lot of the leadership to people with better values and erhics
- What does the leadership team need to get better at?Transparency and fostering a trusting relationship with their employees
Medtronic Company Information
Medtronic Company Overview
Medtronic develops and manufactures innovative medical device technologies and therapies to treat chronic diseases worldwide.
Medtronic was founded in 1949 and its current CEO is Geoff Martha. Since its inception 77 years ago, Medtronic has grown to 92500 employees.
Medtronic Mission, Vision & Values
Medtronic Mission Statement
"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."
Medtronic Values
To strive without reserve for the greatest possible reliability and quality in our products; to be the unsurpassed standard of comparison and to be recognized as a company of dedication, honesty, integrity, and service. (See Quality to learn more about our industry leadership in this area.)
Sustainability and Corporate Social Responsibility at Medtronic
Consistent with Medtronic’s Mission, Code of Conduct and the Environmental, Health and Safety (EHS) Vision, Medtronic is committed to conducting business in a safe and environmentally sustainable manner that promotes the health of our employees, customers, community and the environment and that meets global Environmental, Health and Safety (EHS) requirements. The purpose of this policy is to implement the principles of the Environmental Health and Safety program. Corporate and regional standards exist to support these principles.
Alongside our products, services and solutions, our philanthropic efforts — consisting of financial contributions (including funding of the Medtronic Foundation), volunteerism, third-party medical education, and product donations for patient assistance — are one way we work to increase our value to society.
| Headquarter | 710 Medtronic Parkway Minneapolis, MN United States of America |
|---|---|
| Website | www.medtronic.com |
| Founding Date | 1949 |
| Tel | (180) 063-3876 |
| Company Status | Public |
| Stock | MDT |
| Jobs | www.medtronic.com/us-en/about/careers.html |
Medtronic Competitors
Medtronic competitors include Boston Scientific, Sanofi, Olympus Corporation, and Brainlab. Medtronic ranks 3rd in Overall Culture Score on Comparably vs its competitors. See below how Medtronic compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
Culture Video
Medtronic Employees
Medtronic has 92500 employees. 1185 employees at Medtronic have reviewed Medtronic across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was today.
Overall, the 1185 Medtronic employees give their leadership a grade of B-, or Top 40% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Medtronic are generally satisfied with their total compensation at Medtronic, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Medtronic are pleased with their team. 1185 Participants grade the quality of their coworkers a B. The majority believe the meetings at Medtronic are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Medtronic believe the environment at Medtronic is positive. Most Participants believe the pace of work at Medtronic is comfortably fast. About 52% of the employees at Medtronic work 8 hours or less, while 4% of them have an extremely long day - longer than twelve hours.
Overall, the employees at Medtronic are happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
A Day in the Life
A Day in the Life
Medtronic employees generally work 9.1 hrs a day
Work Hours
A Day in the Life
Employees at Medtronic report the work pace is comfortably fast
Work Pace
A Day in the Life
On a typical day, employees at Medtronic have 3 meetings
Meetings
A Day in the Life
87% of Medtronic employees look forward to interacting with their team every day
Coworkers
A Day in the Life
Medtronic employees most often take 20-30 paid vacation and sick days each year
Perks & Benefits
A Day in the Life
66% of Medtronic employees report they are happy with their work life balance
Work Life Balance
A Day in the Life
Medtronic employees never get valuable feedback on how to improve at work
Feedback
A Day in the Life
74% of Medtronic employees call their work environment positive
Environment
Joining Medtronic - Employee Onboarding
The prevailing opinion from employees about joining Medtronic is that the company was very prepared on their first day. Medtronic employees concluded that their overall onboarding experience was positive. 80% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Medtronic KPIs and OKRs
At Medtronic 63% of employees think their department KPIs and OKRs are clear. Employees’ understanding of Medtronic's KPIs and OKRs is essential for its success. Out of 39 Medtronic employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 28 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Medtronic CEO & Leadership
69 /100
Medtronic CEO Awards and Recognitions
Medtronic’s CEO Geoff Martha started in this role in 2020. Geoff’s approval rate is just above average, putting Geoff in the Top 50% of all CEOs of similar-sized companies on Comparably, and in the Top 40% compared to the CEOs of all other companies in Minneapolis. Geoff Martha is well regarded by employees for the Perks And Benefits Medtronic offers, and ranks among the Top 10% of CEOs by employees in that category. Geoff is most liked by employees in the HR department and employees with the company for Less than 1 Year. However, African American/Black employees have a slightly unfavorable view of the CEO. When compared to Medtronic’s competitors, Geoff Martha ranks just above Brainlab’s CEO Stefan Vilsmeier. With Geoff’s leadership, Medtronic employee respondents are most happy about their Perks And Benefits and Compensation. Geoff was rated slightly below average for Professional Development.
Medtronic Leadership
The Medtronic Executive Team is rated a “C+” and led by CEO Geoff Martha, Former Executive Vice President of Global Operations & Information Technology Gary L. Ellis, and Executive VP and Group President of Cardiac & Vascular Group Michael J. Coyle
Geoff Martha CEO / President
Geoff Martha serves as the CEO / President of Medtronic.
Gary L. Ellis Former Executive Vice President of Global Operations & Information Technology
Mr. Gary L. Ellis was Consultant at Medtronic plc since January 1, 2017 since December 31, 2017. Mr. Ellis served as the... read more
Michael J. Coyle Executive VP and Group President of Cardiac & Vascular Group
Mr. Michael J. Coyle, also known as Mike has been President at Heartware International Inc. since August 23, 2016. Mr.... read more
Robert J. W. ten Hoedt Executive VP and Group President, Europe, Middle East & Africa
Mr. Robert J. W. ten Hoedt, also known as Rob, has been an Executive Vice President and Group President of Europe,... read more
Denise King VP, Americas Benefits COE & Total Rewards Operations
Denise King serves as the VP, Americas Benefits COE & Total Rewards Operations of Medtronic. Denise started at Medtronic... read more
Michael Hill Vice President, Science, Technology, and Clinical Affairs
Michael Hill serves as the Vice President, Science, Technology, and Clinical Affairs of Medtronic. Michael started at... read more
Ellie Humphrey Vice President, Enterprise Excellence and Business Transformation
Ellie Humphrey serves as the Vice President, Enterprise Excellence and Business Transformation of Medtronic.
Jenny Ramseth Director, Customer Experience
Jenny Ramseth serves as the Director, Customer Experience of Medtronic. Jenny started at Medtronic in February of 2018.... read more
Mark Phelps Vice President Research and Development Patient Monitoring & Diagnostics
Mark Phelps serves as the Vice President Research and Development Patient Monitoring & Diagnostics of Medtronic. Mark... read more
Medtronic Salaries
How much does Medtronic pay?
How much do people at Medtronic get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Medtronic is $107,361, or $51 per hour, while the estimated median salary is $110,376, or $53 per hour.
At Medtronic, the highest paid job is a Director of Engineering at $270,000 annually and the lowest is a CS Rep at $30,000 annually. Average Medtronic salaries by department include: Customer Support at $93,494, Finance at $88,840, IT at $88,187, and Communications at $232,580. Half of Medtronic salaries are above $110,376.
457 employees at Medtronic rank their Compensation in the Top 20% of similar sized companies in the US (based on 1411 ratings) while 444 employees at Medtronic rank their Perks And Benefits in the Top 10% of similar sized companies in the US (based on 474 ratings).
Salaries contributed from Medtronic employees include job titles like Group Engineering Manager, Principal Engineer, Lead Engineer, and Senior Developer. Comparably data has a total of 56 salary records from Medtronic employees.
Last updated a month ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $54k | $54k | 1st Percentile |
17th Percentile $83k | $83k | 17th Percentile |
33rd Percentile $110k | $110k | 33rd Percentile |
50th Percentile $172k | $172k | 50th Percentile |
67th Percentile $233k | $233k | 67th Percentile |
83rd Percentile $276k | $276k | 83rd Percentile |
100th Percentile $296k | $296k | 100th Percentile |
$107,361*
Average Compensation
$110,376*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
Medtronic Salaries by City
- Minneapolis
- San Francisco
- Boston
- Chicago
- Phoenix
- San Diego
- Denver
- Boulder
- Colorado Springs, CO
- Salt Lake City
- Fort Collins, CO
- Miami, FL
- Los Angeles
- Rochester, MN
- Bridgeport, CT
- Hartford, CT
- San Antonio, TX
Medtronic Salaries by Department
Diversity & Inclusion at Medtronic
Diverse employees at Medtronic score the company 69/100 across various culture categories, placing Medtronic in the Top 35% of companies on Comparably with 10,000+ Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Medtronic across various culture dimensions.
At Medtronic, diversity, inclusion, and engagement aren’t just buzzwords — they’re instruments of innovation. Instruments that power the kind thinking that leads to solutions that truly transform healthcare. It’s a fact — when people from different cultures, genders, walks of life, and points of view come together, the quality of work improves exponentially and companies succeed and grow.,,We believe this is the best and only way to drive innovative solutions that deliver better care to more patients worldwide.,,
Ranked Culture the Highest
Ranked Culture the Lowest
Medtronic Perks & Benefits
Financial Benefits
- Employee Stock Purchase Plan
Medtronic PTO
Medtronic's PTO and Vacation policy typically gives 20-30 days off a year with 91% of employees expected to be work free while out of office. Paid Time Off is Medtronic's most important benefit besides Healthcare when ranked by employees, with 52% of employees saying it is the most important benefit. Medtronic's benefits and PTO Package averages to represent a $1500 - $2500 cash value per month.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Medtronic Careers
Medtronic Jobs
No Recent Jobs found for Medtronic on Comparably
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H1B Visa
In 2019, Medtronic applied for 387 H1B visas. Of the work permits applied for, 84% were approved, 8% certified-withdrawn, 6% withdrawn, and 2% denied.
An in-depth look at ‘Certified-withdrawn’ H1B applications at Medtronic unveil that 23 approved work permit applications were withdrawn before the employee’s start date, and 30 were withdrawn by Medtronic after the employee’s start date.
Work Permit Application Outcome
Medtronic has a total of 92500 employees
387
Total Applied
H1B Applications Outcome
- 84% Granted (325 out of 387)
- 2% Denied (9 out of 387)
- 6% Withdrawn Application was withdrawn by the employer before approval/rejection (23 out of 387)
- 8% Certified-Withdrawn Application was approved but later withdrawn by employer (30 out of 387)
This data was calculated using publicly sourced data from OFLC Performance Data
Let Medtronic Know You Want To Work There
Overview of Candidates Interested in Medtronic on Comparably
Candidates By Department
All Industries | 35% | |
|---|---|---|
Engineering | 23% | |
IT | 9% | |
Marketing | 7% | |
Product | 6% | |
Other | 21% |
Candidates By Location
Minneapolis | 23% | |
|---|---|---|
Boston | 5% | |
Saint Paul | 4% | |
Denver | 3% | |
Washington | 3% | |
Other | 63% |
Frequently Asked Questions regarding Medtronic
What is Medtronic address?
Medtronic location is at 710 Medtronic Parkway
Who is the CEO of Medtronic?
Medtronic CEO is Geoff Martha, their score by employees is 69
What is Medtronic eNPS?
The eNPS for Medtronic is 12
What is Medtronic revenue?
Medtronic revenue is $30B
What is the salary for Director of Product in Medtronic?
Director of Product average salary in the US is 189k
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