Health & well-being
Medical insurance
Medtronic provides employees and their dependents with comprehensive medical insurance coverage. It covers medical care and services including in-patient, outpatient, wellness check-ups, and dental treatment.
Life insurance
Medtronic provides life insurance which is 100% Medtronic paid. In the event of death, a lump sum benefit of 3x Annual Base Salary, up to $1 million USD, will be paid out to the designated beneficiary.
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 programs to support working and living well. Take time to relax, recover, care for family, and more.
Home leave allowance
Medtronic provides non-UAE national employees with the equivalent cost of tickets for the employee, their spouse and up to three dependent children once per year to visit their home country (as defined in the employees passport). Employees who are UAE nationals will receive an annual travel payment, which is a fixed cash amount.
Housing allowance
Housing allowance is paid to all employees on a monthly basis.
Schooling allowance
Medtronic provides schooling allowance to employees for up to three children attending school in UAE.
Transportation allowance
Transportation allowance is paid to all employees on a monthly basis
Meal allowance
Meal allowance is paid to all employees on a monthly basis.