Medtronic

  www.medtronic.com
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Medtronic Reviews

Updated August 21, 2014
Updated August 21, 2014
744 Reviews

3.6
744 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Medtronic Chairman and CEO Omar S. Ishrak
Omar S. Ishrak
224 Ratings

Review Highlights

Pros
  • The work-life balance is manageable across most functions and the compensation is competitive (in 36 reviews)

  • Great benefits with one of the best overall retirement packages of any Fortune 500 company (in 59 reviews)


Cons
  • To much no work life balance needed additional money for training patients (in 29 reviews)

  • upper management chooses downsizing staff as means for cost cutting (in 27 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Excellent company which believe in the professional development inside the organization

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Principal Analyst  in  Juncos, PR
    Current Employee - Senior Principal Analyst in Juncos, PR

    Pros

    They believe and live the mission, they invest in their personnel

    Cons

    A lot of variation between the culture between BUs which reflect in work-life balance

    Recommends
    Positive Outlook
  2.  

    It has become a large company that makes a lot of money, compensates well, but is not fast moving.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Process Engineer  in  Mounds View, MN
    Current Employee - Process Engineer in Mounds View, MN

    Pros

    A great place for work/life balance.
    You can set your own trajectory.
    LOTS of career opportunity.

    Cons

    If you are a poor engineer they will move you into program management. This sometimes works out well. Other times, not too much.
    Tolerate poor performers for too long.

    Advice to ManagementAdvice

    Understand the RIF process - but you need to start keeping people that have the 30+ years of knowledge.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Marketing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Marketing Director  in  Fridley, MN
    Current Employee - Marketing Director in Fridley, MN

    Pros

    Very strong mission driven company.

    Cons

    It is a highly matrixed environment.

    Recommends
    No opinion of CEO
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  5.  

    A great intro to working life

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Entry level, projects well defined

    Cons

    Projects would run out and it would be difficult to stay busy

    Advice to ManagementAdvice

    Interns are ready to be busy and want to learn so take advantage of the willingness to work hard

    Recommends
  6.  

    Very corporate, but full of opportunity, many brilliant minds, and very rewarding to improve people's lives

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior R&D Engineer
    Current Employee - Senior R&D Engineer

    Pros

    The company has a very strong mission statement that is timeless and effective, improves the life of millions, believes in volunteerism and supporting one's community, and has a giant network of incredible people that can work together to solve problems. Perks include great benefits, ability to transfer within the company, ability to travel and attend conferences, and having a lot of training courses as well as wellness screenings provided on site.

    Cons

    Like any large corporation, there can be a lot of red tape and a lot of bad management, especially in upper management. Some parts are too top heavy (in management). Much of management sugar coats and hides behind the truth, only few are wiling to tell you like it is to gain your trust. Layoffs are extremely impersonal and most of the time handled very poorly. Corporate headquarters is really insensitive and bullish and illogical when it comes to making decisions that affect all of Medtronic (regarding things including tuition reimbursement, vacation policy, rollout of Medtronic-wide systems, etc).

    Advice to ManagementAdvice

    Please be transparent and trust your employees. Even if it's bad news, be honest and genuine.
    I believe that all sites should have a gym and shower available to employees.
    Try not to let business units get too top heavy... the people at the bottom do most of the work, they should be recognized as such.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Proud to be working for Medtronic

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Great work/life balance, profitable company, great corporate vision, amazing products, great reputation in Medical device industry

    Cons

    You should promote your internal candidates rather hiring an outsider

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Great place to work, future still strong

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Principal Product Manager  in  Santa Rosa, CA
    Current Employee - Principal Product Manager in Santa Rosa, CA

    Pros

    Continued growth, potential merger with creates excitement, time off, ethical company that strives for product quality as the patient is really first and conforms to the mission to extend life, alleviate pain, restore health

    Cons

    work-life balance can be challenging at times

    Advice to ManagementAdvice

    Some divisions are very stressed in comparison with similar sized companies, creating over-worked employees

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    It's a big company now...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Engineer  in  Minneapolis, MN
    Current Employee - Engineer in Minneapolis, MN

    Pros

    The two major plusses: 1) I am so grateful to be able to work in the medical device industry and have a part in improving people's lives, and 2) really good benefits.

    Cons

    Over the last 10 years, Medtronic has made the shift from a fast growing, small company with an emphasis on valuing their employees to a slow growing, international, bureaucratic big company interested primarily in the bottom line. Being a big company, you will find a wide varieties of workplace sub-cultures, some good, some not so good. Where I work, there is significant distrust between employees and most levels of management. This is the result, in part, of many years of layoffs, initiatives to "level" employees (demote those that are not performing, or invite them to leave), loss of unused vacation time (it's not paid out - it's lost), a huge increase in off-shoring (remember all those layoffs? Guess who got the jobs?), and more. I've experienced 5 years of 50-60 hour work weeks with no tangible benefit (except, perhaps, being able to keep my job). I have had requests for vacation denied, as well as requests for training. In 25+ years of employment, this is the worst employer for both work/life balance and supporting employee training. This is not the same company it was 10 years ago...

    Advice to ManagementAdvice

    Act as if your employees matter. Align word & deed with the stated company value of work/life balance.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  10. 5 people found this helpful  

    Great Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President
    Current Employee - Vice President

    Pros

    Excellent technology and I work with great people.
    Mission is very powerful and everybody understands and supports it.
    Phd Bakken founder is still alive and he is an icon.
    Great compensation, benefits, medical , the works....
    Very international but still learning how to become global.
    The CEO has brought the stock up, great job there.

    Cons

    Minneapolis Politics and every Division is like a different company.
    Worst culture in CRDM, nothing moves and layer over layer, needs some change.
    The CEO brings people from the outside every time he has an opportunity to a VP level specially his buddies from GE, there is an abundant talent within.
    He shows very little emotion as a leader, so difficult to rally behind him, get a coach.

    Advice to ManagementAdvice

    Stop bringing people from the outside specially GE, there are really smart people inside Medtronic.
    Stop the splitting of businesses and putting layers of VP's and stop squeezing the people below it is not fun and every year gets more difficult to energize people.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Medtronic

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    Former Employee - Senior Clinical Research Associate  in  Chicago, IL
    Former Employee - Senior Clinical Research Associate in Chicago, IL

    Pros

    The only pro was I learned about device research.

    Cons

    Unfortunately, the management was not supportive at all and didn't value others from outside the company. It was a disappointing experience as the process were lacking for such a well known device company.

    Doesn't Recommend
    No opinion of CEO

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