Health & well-being
Group medical insurance
Medtronic Group Medical Insurance provides comprehensive medical coverage for employees and dependents during the time of sickness.
- Guidelines of coverage: Age Eligibility
- Employee – from age 16 years old till 64 years old and must be actively working in the company
- Spouse – from age 16 years old to 64 years old
- Children (unmarried) – from age 15 days old till 18 years old only. However, if they are still on full-time higher education and not gainfully employed, the coverage will be extended from 19 years old to 23 years old
Group life insurance
Medtronic Group Term Life (GTL) provides a lump sum payment to employee’s beneficiaries in the event of Death and Total Permanent Disability. The lump sum amount is 36 times basic monthly salary.
Group personal accident insurance
Medtronic Group Personal Accident (AD&D) provides financial coverage against unforeseen events of Accident, Death and Disablement coverage. The sum insured for all employees is 36 X monthly basic salary. It covers bodily injury caused by an Accident during the period of insurance which is sudden, unforeseen and fortuitous causing Death, Disablement and Permanent Total Disablement.
Maternity assistance program
Maternity Assistance Program is granted to all female employees and female spouse who gave birth to their own child through normal delivery, caesarian miscarriage or emergency termination of pregnancy, regardless of frequency, civil status, or legitimacy of her child. Employee can reimburse for Caesarian delivery Rm3,000, Normal Delevery RM2,500 and Miscarriage/Abortion/Complication of Pregnancy – RM 2,000
Global well-being program
SimpleSteps
The collective efforts of our employees around the world make it possible to achieve our Mission. It’s those efforts that are reflected in Tenet 5 and rewarded through a complete package of benefits to help you build your financial, physical, and emotional well-being. We are committed to supporting the well-being of our employees by reinventing the concept of well-being and embedding it into the fabric of Medtronic. SimpleSteps offers a broad, enhanced portfolio of resources and support to help improve your well-being, wherever you are in the world.
Pension & savings
Employee Stock Purchase Plan
As a Medtronic employee you can avail of the Employee Stock Purchase Plan (ESPP), where you can purchase Medtronic stock each calendar quarter at a discounted rate. It is an opportunity to share in the success of Medtronic.
Additional benefits
Time-off and leaves
Medtronic recognizes the importance of work/life balance and has a program to support working and living well. Take time to relax, recover, care for family and more. Below are the leaves available per calendar year for all full time regular employees:
| Leave Benefit | Years of Service | Leave Entitlement |
| Annual Leave All Job Levels except 55 and above | 1st year (till anniversary date) 2nd to 3rd year 4th year 5th year onwards | 17 days 18 days 19 days 20 days |
| Annual Leave Job Level 55 and above | 1st year onwards | 20 days |
| Outpatient Leave without hospitalization | 14 days if employeed less than 2 years 18 days if employed more than 2 years 22 days if employed more than 5 years | |
| Hospitalization Leave | 60 days | |
| Maternity leave | 98 days | |
| Paternity Leave | 2 weeks | |
| Birthday Leave | 1 day on the day of the employee’s birthday | |
| Childcare Leave | 3 days for children below 7 years old | |
| Marriage Leave | 4 days | |
| Family Care Leave | 6 weeks | |
| Exam Leave | 5 days | |
| Compassionate Leave | Parent/Child/Spouse follow FCL Parent-in-law, siblings, grandparent, grandparent-in-law – 3 days | |
| Fire/Flood leave | 2 days |
