At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the Life

Experience
• Minimum 3-5 years of experience in compensation or salary administration, preferably in manufacturing plants.
• Experience managing variable compensation schemes, incentives, salary market analysis, salary scales, and compensation structures.
• Knowledge of labor regulations and compliance with internal policies.

Technical Skills
• Advanced proficiency in Excel and other data analysis tools.
• Experience using human resource management systems (e.g., Tress, Workday).
• Intermediate-advanced English

Soft Skills
• Critical analysis and attention to detail.
• Effective communication with different levels of the organization.
• Ability to work under pressure and manage multiple projects simultaneously.
• Teamwork, collaboration, and interdepartmental collaboration.
• Confidentiality and professional ethics.

Are you passionate about using data and insights to create fair, competitive pay programs that truly make a difference?

💡 At Medtronic, your work goes beyond numbers. You’ll help shape compensation strategies that support our people and enable life‑saving healthcare innovations around the world. As a Compensation Analyst, you’ll collaborate with HR and business leaders, analyze market trends, and help ensure our compensation practices are equitable, compliant, and aligned with our mission. This role is ideal for someone who enjoys combining analytics, problem‑solving, and collaboration in a global, purpose‑driven environment. If you’re looking for a place where you can grow your career, apply your expertise, and see the real‑world impact of your work—this is your opportunity.

Main Responsibilities
• Manage and update salary scales.
• Participate in salary surveys and market analysis.

• Propose improvements to compensation schemes.
• Manage and update compensation policies.
• Ensure compliance with corporate and legal policies regarding compensation.
• Provide guidance to leaders and employees on compensation practices.
• Support internal and external audits related to payments and compensation.
• Generate reports and analyses to support management decision-making.

Required Knowledge and Experience: 

• Bachelor's degree in Business Administration, Human Resources, Accounting, Finance, or a related field.

• • Minimum 3-5 years of experience in compensation or salary administration, preferably in manufacturing plants.
  • Experience managing variable compensation schemes, incentives, salary market analysis, salary scales, and compensation structures.
  • Knowledge of labor regulations and compliance with internal policies.

  Technical Skills
  • Advanced proficiency in Excel and other data analysis tools.
  • Experience using human resource management systems (e.g., Tress, Workday).
  • Intermediate-advanced English

  Soft Skills
  • Critical analysis and attention to detail.
  • Effective communication with different levels of the organization.
  • Ability to work under pressure and manage multiple projects simultaneously.
  • Teamwork, collaboration, and interdepartmental collaboration.
  • Confidentiality and professional ethics.

 

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. 

 

 

Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create.  We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
 

 

 

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people. 
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

Learn more about our business, mission, and our commitment to diversity here