Founded in 1949 as a repair shop for medical devices, Medtronic has grown to become one of the largest healthcare technology companies in the world. The recent integration of Covidien as the company's Minimally Invasive Therapies group allows Medtronic to expand the business and bring its services to even more people around the world. The company operates through three additional groups: Restorative Therapies Group, Cardiac and Vascular Group, and Diabetes Group. Medtronic operates in more than 140 countries.
Medtronic offers company matching on employee 401(k) contributions, and two weeks paid time off in the first year of employment. Many employees think the health insurance coverage is excellent, including "amazing infertility treatment" on the company's plans. Workers also like the "friendly and inclusive work environment," the "great work-life balance," and the fact that Medtronic "invests heavily in training and developing" its employees. However, some find that "with the acquisition of Covidien, benefits have suffered a bit," though that is "to be expected" because of the fact that the company "doubled in size." – meno