I like my job. It's interesting, I get decent pay, and the people I work with are a great bunch, including my manager. I'm not saying it's perfect. The overall culture has deteriorated and I don't like having to worry about layoffs nonstop, but it's still better than any of my previous jobs. Am I really in the minority on this?
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Been here longer than expected due to unforeseen circumstances, I would give it a C- compared to other companies of similar size. I base this rating from working at several other companies over the years but mostly in tech, banking and medical. Some were worse but more were better. I don't hate it but it isn't a place of growth and reward even though you get constant lip service it is a place of reward and personal growth. I would classify it is a slow moving train wreck. There has been plenty of carnage. The worst to come could be avoided but current leadership is all about hollowing the company out while continuing their grift.
Your experience and job satisfaction vary widely based on which OU you are in and your direct managers. MDT has given up holding managers to any standards and with HR now shrunk to a series of small teams they dont have any real familiarity with teams and manger dynamics so you don't have an ally if you end up in a bad location. That along with the general decline in the quality of sr leadership let me to leave a few years ago to find a better job in a organization that still cares about employees even thought they are alos large and global and have the same pressures of MDT.
I like working for Medtronic 10 years ago when leaders actually cared about patients instead of shareholders.
I’m unhappy in my current job due to the limited opportunities for growth. It feels pointless to invest more than the bare minimum effort when there’s so little room for advancement, leaving me with no real motivation to go above and beyond. It's gotten to the point where I only spend 2-4 hours a day working.
I am a data scientist who used to work at Medtronic until my job got sent overseas. Statistically, you can divide the company experience into clusters. It is not unreasonable to find a statistical cluster of workers who actually enjoy working with Medtronic. The question is how large is that cluster? 50%? 20%? 1%? I don't know, but I would guess it's not in the majority.
The same thing can happen with the numerous complaints about DEI on this site. I made it clear on another post I am a minority engineer who opposes DEI. I listed strong reasons. Despite my clear opposition, I did not witness "illegitimate" DEI engineers on the projects I worked with. The women and minority engineers were highly competent. But that was for the "cluster" of people I worked with. I am aware that there could easily be clusters out there of people I did not work with directly who in some cases were bad cases of DEI. Again, the question is how large is that group? 50%? 5%?
A lot of the "sizing" is often based on observational bias or selection bias. But I think surveys could bring some data patterns. However, are they accurate? I don't know. I am gone, so it doesn't matter to me anymore. I am a full-fledged biomedical engineer with multiple graduate degrees and fully trained in AI. I switched to the financial industry after my medical device job got sent overseas. The executives remind me of "Gordon Gecko" who did that type of layoff in "Wall Street".
It’s only worth it if you know how to milk the system and have been at the company longer than 5 years or director level and above
Like if you are at that level, make $200k or so, enjoy 6 weeks or so PTO throughout the year, play politics and throw others under the bus around review and year end time and buy a bunch of houses.
My director brags about his two houses, one in California and one in Midwest. Good times for him
I also kinda like my job too ... pay check is fair, enough to pay the bills. MIPs is a great gift to go on vacation or fixed up a few thing around the house. 401k is decent IMHO. PTO is also at industry levels. Now the layoffs are like taxes, they come around every year, nothing you can do about it if your number is up that year end. You newbies will get used to the yearly scraping of head count.
This board is for venting and rumors, so it will attract a lot of unhappy people.
You’ve been here several years. Salary now if you jump to new company should be higher and better because there are companies who want to keep talented employees long term - HR guy
Just wait til revenue drops and the tone of the leadership changes.
Yes.
In my experience, at least in my role, Medtronic pays on the higher end of what other companies in my area pay.
I was told by one recruiter when I disclosed my current salary (not including MIP) that was not going to be possible and in fact above what the manager of the role makes.
In my area, I’ve also found nobody who is coming close to the paid time off. Sure, some are offering ‘unlimited’ but we all know that’s just a scam.
And finally, in my experience/role Medtronic seems to have a culture that respects personal time. I’ve had roles that an 8PM email cannot wait for a response until morning. The OHS questions about work/life and stress seem to reflect this.
The biggest stressor I have is around the stability of the company. This leadsforshit group seems to make boneheaded decisions, hence why I’m lurking here to not get blindsided.
So yeah, between compensation, time off and stress level Medtronic looks pretty damn good. And at least in my searching, I don’t see any competitors offering a better package right now.
Unfortunately, this common among large corporations. Remember, you are just a number to them. They will replace you quickly once you are no longer useful to them.
I feel bad for you if this is the best you ever have so far.
Yes. Next question.