Is anyone else surprised that turnover seems to be lower than expected this year? I have my feelers out in the market, but in general it's very clear that Medtronic is no longer the premier employer. No dental insurance cost sharing, 2% merit, changing performance goals/metrics midyear without providing financial details, allowing MIP to be adjusted downward more than ability to adjust upward, etc. I have pretty much nothing positive to say about this company. I wouldn't recommend it to my friends, etc. Somehow we get awards for being best in the world, but I don't know anyone below director level that would give MDT a thumbs up anymore.
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Yall need to stop complaining and embrace "do more with less" culture. If you get sick, you can still work from home. If you get hurt, put some dirt on it. If you get burnt out, get over it snowflake.
We need to think about the shareholders and GM!
@4ymg+1pvXZNcx Where did you hear this?
Lets hope not , that deput division su-ks.
Apparently JNJ is doing worse than medtornic these days, which is hard to believe, they have to pay $10-15B fine for their talc product per the class action.
I'm hearing rumors of Medtronic buying JNJ facility in warsaw IN. Anyone else??
Why quit ? Your getting a decent salary, plus have a job. Management is to busy figuring out what their doing to worry about what your doing. Stay under the MN radar an wait until Management tells you what to do. Its that simple. everything is going up so why complain if health costs you more, the free ride is over IMHO.
When younger people ask i feel I must be honest.
You must use PTO for sick leave or medical appointments, there is no separate pool for sick leave as many other companies have. It’s not as great a deal as some people think. If you have kids or get sick yourself your PTO will evaporate fast.
Thank the board for making workers' lives harder while making more money.
Hey liar I’ll bet you today’s paycheck you don’t have 35 days of PTO after 5 years. Go stir the pot somewhere else troll.
It used to be 4 weeks PTO starting. 5 weeks after year 4. Not anymore? @1xsv+1pvXZNcx
Lol I am not surprised. Thank the board!
Medtronic has comically low pay (even in California) compared to other companies.
I guess bragging about PTO is all we have left with health benefits being gutted and people getting laid off.
Medtronic offers a standard 3 weeks package until you hit 5 years of service. There's no circumventing that no matter how much of a "Sr. Manager" you are.
Whatever California bs you're talking about hasn't even gone into effect you useless tool. Newsom signed a bill on Oct 4 this year (yeah like a month ago) to go into effect in Jan 2024. While you're here pretending to already have this and falsely showing off.
Enjoy your imaginary 35 day PTO Mr. Principal Engineer aka fresh out of school starry eyed grad making 85K a year in his first job
Lmao such a clown and d-mb hack you are ,no reason our stock is at a 8 year low
Lmao. We get 10 days of Covid sick pay every year in CA ever since covid plus 25 days of PTO every year. That comes to 35 days.
Maybe if you worked rather than commenting here, you wouldn’t have to look for another job. Stop complaining and maybe start working a lil
you don't have a 35 day PTO in just 5 years at Medtronic you lying f*ck
they treat engineers like trash, you're not a special cookie bud, why come here and lie so blatantly?
not even a leader but claims to have higher PTO than people with 15 year tenure...sure bud
I know many people in Medtronic including me who have RSUs, got cash bonuses and have got like 5-10% raises all the 5 years I have been in Medtronic. including a 20% raise for my promotion last year and I’m leveled at a principle salary even though I’m a senior engineer
I don’t think many companies can beat a 35 day PTO including 10 day Covid time off which i currently have.
I agree Geoff needs to leave though
@uvg+1pvXZNcx To the person who thinks every company is treating their employees this poorly - You’re wrong. Some of us have left and guess what we found? Competitors who put 10% 401k contribution, annual RSU/equity for all employee levels, higher cash bonuses and overall higher base pay. We also don’t have to use our PTO for the end of year shutdown. Stop telling people that being treated poorly is normal across other companies. The fact is Medtronic is failing and GM isn’t the person to turn it around. He needs to go before the ship sinks even deeper.
Post ID: @uvg+1pvXZNcx - she sounds like Geoffrey Martha’s beetch.
And wasn’t Karen (so true these days ) hired for her Financial Engineering skills?
Just my observations. Mkt is a bit tough for sr mgr and above. Sr and Pr engineer, clinical, reg, will pretty much have an offer in hand if they put their resume out on there.
Medtronic doesn’t care what we think. Medtronic will do anything to funnel the money to GM and the rest of the boards pockets.
Get ready for no 401(k) match next. IBM just eliminated their match in exchange for a Retirement Benefit Account.
Only a matter of time before Geoff and Karen go that route to financially engineer the extraordinary, extracting additional cost savings at our expense to cover for their continued mismanagement of the company.
Every company is doing the same
thing, this is nothing new. Go look at 3M or JNJ et.
What else do you expect? We have been in a recession for like 1.5 years now. Interest rates are soaring and profits and margins are coming down.
I would apply, interview and leave elsewhere