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Medtronic
3.4 of 5 330 reviews
www.medtronic.com Minneapolis, MN 5000+ Employees
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Medtronic Reviews

Updated May 18, 2013
All Employees Current Employees Only

3.4 330 reviews

                             

83% Approve of the CEO

Medtronic Chairman and CEO Omar S. Ishrak

Omar S. Ishrak

(83 ratings)

75% of employees recommend this company to a friend
329 employee reviews
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Current Employee – been working at Medtronic full-time for more than 8 years

Pros-Excellent Company Name Recognition
-Products help people live better lives
-Employees are world class
-Wide Spectrum of products
-Great Benefits
-Autonomy to do what you were hired to do

Cons-Regular Regime Changes among Executives
-Regular downsizing/uncertainty
-Inefficiencies that never get fixed and would be easy to fix
-Product portfolio and marketing as well as strategies do not allow various divisions to be competitive
-Limited loyalty and reward for achieving targets and over performing

Advice to Senior Management-Hold customers to contracts instead of taking a company loss
-Price more competitively to increase revenue based on customer perceived value and product life cycle vs competition
-Become more strategic vs reactive
-Truly integrate pricing/finance strategy to leverage multiline deals. Customers soon realize that just like in a store that you are spending more money to get something you did not want in the first place and not get a great discount for it. Deals should be a package that is attractive.
-Change customer perception of chaos and instability

Yes, I would recommend this company to a friend

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1 person found this helpful  

Fridley, MN

Current Employee – been working at Medtronic full-time for more than 7 years

ProsLots of good technology to help patients
Genuinely interested in the mission

ConsSeveral straight years of layoffs
Poor employee development and talent retention

Advice to Senior ManagementWork on ways to attract, retain, and develop good talent

Yes, I would recommend this company to a friend

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Current Employee – been working at Medtronic

ProsWork life balance is strong

ConsCareer advancement is slow moving with few opportunities

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Minneapolis, MN

Current Employee – been working at Medtronic full-time for more than 7 years

Pros- Good salary, benefits, vacations, bonus, training, opportunity to grow

Cons- laysoffs happening every year, promotions are very hard to get, nothing much to grow if you are working in IT, no new technology

Advice to Senior Management- get new technology, dont layoff people evry year

Yes, I would recommend this company to a friend

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Minneapolis, MN

Current Employee – been working at Medtronic full-time for more than 8 years

ProsGreat People to work with. Flexible hours

ConsConstant Restructuring and Layoffs, Corporate Politics, Creat

Advice to Senior ManagementCreate a structure and stick with it.

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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Sunnyvale, CA

Former Employee – worked at Medtronic full-time for more than a year

Pros- Lots of opportunity to work cross-functionally
- Annual Science and Technology conference is a lot of fun
- Competitive salary & benefits
- Cool technologies
- Easy to see direct impact of work on patient health

Cons- Sadly untrustworthy
- Was made promises about promotion and given long-term incentive, then laid off instead
- Does a poor job of integrating their acquisitions and providing them resources, then blames them when they under-perform.
- currently no performance based incentives. Everyone gets 2% regardless of how hard you work

Advice to Senior ManagementWhy is it that when sales fails to hit artificially high targets, R&D gets affected? Where's the accountability? Provide better training for the reps so they can do the job better. The management between CEO and local Sr. Dir needs a shake up. They are constantly making near-sighted business decisions.

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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Minneapolis, MN

Former Employee – worked at Medtronic full-time for more than 10 years

ProsExcellent salary and benefits for employees

Consconstant change and Poor leadership

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Mounds View, MN

Former Employee – worked at Medtronic full-time for more than 8 years

ProsGood benefits, medical insurance, bonuses, vacations.

ConsVery big corporate company. One person is very small part comparing to company, can get lost very easily between all people.

Advice to Senior ManagementPay more attantion to each person.

No, I would not recommend this company to a friend

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Minneapolis, MN

Former Employee – worked at Medtronic full-time for more than 7 years

ProsMedtronic does offer good benefits. I have more con's than pros when it comes to Medtronic. Medtronic does offer a good training program.

ConsHard to move around Medtronic. Balancing work and home life is very difficult because of the long hours. To many job layoffs. When that happens the work doesn't go away, it puts a strain on the employee that are left behind.

Yes, I would recommend this company to a friend

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  • Work/Life Balance
         
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Mounds View, MN

Former Employee – worked at Medtronic full-time for more than a year

ProsGood pay and benefits (even though they seem to be decreasing). The working environment decently laid back - some are overloaded and working at a frantic pace, while others are the polar opposite.

ConsToo much bureaucracy. Very heavy on management. Receiving credit for rectifying major problems or being an integral part of a "fire fighting" team more often than not leads nowhere. The company seems to be more interested in hiring engineers to do technician work than having a defined role.

Advice to Senior ManagementEveryone has their specified role - so hire for that type of work. Give people the credit they deserve and promote, promote, promote!

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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