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Health & well-being
Medical insurance
Medtronic provides the opportunity for employees and their eligible dependents (spouse and dependent children up to the age of 18 and/or up to the age of 25 if full time students or apprentices) to join its group medical plan. The company contribution will be 50% to a plan of the employee’s choice. In addition, the company will contribute 100% towards the wellness benefit.
Gap cover
Medtronic provides the opportunity for all regular employees and their eligible dependents (spouse and dependent children up to the age of 18 and/or up to the age of 26) to join its Gap cover plan to help cover for any unexpected medical costs.
Group risk benefits
Medtronic provides eligible employees with group risk cover. The cover provides protection for employees and their family in the unfortunate event of an employee’s death. The aim of this benefit is to offer employees and their family peace of mind and security. This benefit is entirely paid by Medtronic.
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
Provident fund
Medtronic provides eligible employees with a Defined Contribution Provident Fund.
Additional benefits
Time off & Leaves
Medtronic recognizes the importance of work/life balance and has a program to support working and living well. Employees are encouraged to take the time available to them time to relax, recover, care for family and more.
Operations incentive plan
In addition to your base salary, regular employees are eligible for a short-term incentive plan. Short-time incentives are based on role and targets vary by job level. Payouts vary based on Medtronic, team and individual performance and achievement of specific objectives. Employess will receive details about eligible incentives from your Talent Acquisition Partner.
Transportation allowance
Medtronic provides you with a monthly transportation allowance according to your job level.