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Health & Wellbeing

Group medical insurance

Group medical insurance covers medical expense that arises due to an Illness. It covers inpatient hospitalization and outpatient treatment expenses as per policy T&C. The default benefit is the mandatory minimum coverage employees will be enrolled in. The default Medical Plan is Employee, Spouse, and 2 Children per family. Declaration of dependents is mandatory to avail of the benefit for them under the default plan. 

Group life insurance

Group life insurance provides a lump sum payment to the employee’s nominated beneficiary in the event of death due to natural causes, illness or accident. The default benefit is 2 times Annual salary. Only the employee is covered under this benefit. This benefit plan also offers critical illness cover, but the eligibility for critical illness cover is dependent on your medical underwriting decision.

Group personal accident insurance

Group personal accident insurance provides financial coverage against unforeseen events of death or Injury due to accidents. The default benefit is 2 times Annual salary. Only the employee is covered under this benefit.

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.  

Additional benefits

Time off & leaves

Medtronic recognizes the importance of work/life balance and has programs to support working and living well. Take time to relax, recover, care for family, and more.

Employee assistance program

In this ever-changing world, you may face demands at home and at work that are hard to manage. The Employee Assistance Program (EAP) is here when you need it – to guide, support, and connect you and your family to the information, resources, and referrals to support whatever life brings your way.