Those are just a few takeaways as Medical Design & Outsourcing compiled employees’ sentiments from reviews posted on Glassdoor.
Employment at the largest medical device companies in the world was up 6% from last year, but still slightly lower than our 2022 count.
M&A drove the most significant employment gains, offsetting layoffs across the industry. For example, Globus Medical nearly doubled its headcount through its merger with NuVasive.
Analysis: M&A drives 2024 Medtech Big 100 growth in sales, R&D spending and total employment
As noted by some of the Glassdoor reviews, layoffs are still a concern for many employees at the largest medtech employers. MassDevice has reported on more than 20,000 medtech job cuts across the industry since mid-2022.
The companies below are the largest medtech employers from our most recent annual Big 100 list and some of the top review sentiments from employees.
10. Medline Industries
Employees: 38,000
Glassdoor rating: 3.6/5
63% would recommend to a friend.
Top review highlights on Glassdoor by sentiment:
Pros: The pay is good; good benefits; extracurricular employee perks; great people to work with; great company culture; great bonus program.
Cons: Complaints of bad management; no work/life balance; long hours.
9. Boston Scientific
Employees: 48,000
Glassdoor rating: 4.1/5
83% would recommend to a friend.
Top review highlights on Glassdoor by sentiment:
Pros: Great people to work with; good benefits, including healthcare and share options; great culture; good work/life balance; good pay.
Cons: Star performers aren’t valued; poor management, but not all managers are bad; long hours; politics.
8. BD
Employees: 50,000
Glassdoor rating: 4/5
80% would recommend to a friend.
Top review highlights on Glassdoor by sentiment:
Pros: Good benefits and cultural values; great people to work with; good work/life balance; good pay.
Cons: Poor management, but not all managers; politics; layoffs.
7. GE HealthCare
Employees: 51,000
Glassdoor rating: 4.2/5
86% would recommend to a friend.
Top review highlights on Glassdoor by sentiment:
Pros: Benefits; pay is good; good work/life balance; great people; good culture.
Cons: Poor management; low salary; too many managers; middle management doesn’t have much confidence in senior leadership; long hours.
6. Stryker
Employees: 52,000
Glassdoor rating: 4.1/5
81% would recommend to a friend.
Top review highlights on Glassdoor by sentiment:
Pros: Great culture; people are great; mentor newcomers; benefits are great; work/life balance is good; good pay.
Cons: Management is poor; long hours; salary is not competitive.
5. Baxter
Employees: 60,000
Glassdoor rating: 3.7/5
71% would recommend to a friend.
Top review highlights on Glassdoor by sentiment:
Pros: Benefits are good; people are great; good work/life balance; pay is good; great culture; flexibility.
Cons: Some bad managers; senior leadership is new; clandestine upper management; long hours; some micromanagers.
4. B. Braun Melsungen
Employees: 63,011
Glassdoor rating: 3.7/5
68% would recommend to a friend.
Top review highlights on Glassdoor by sentiment:
Pros: People are great; good benefits; work/life balance is good; stable job; good pay.
Cons: Bad management; low salary; poor communication; favoritism; not much diversity in upper management.
3. Royal Philips
Employees: 69,100
Glassdoor rating: 3.9/5
75% would recommend to a friend.
Top review highlights on Glassdoor by sentiment:
Pros: Good work/life balance; good benefits; culture is good; salary is good.
Cons: Poor management; some bad managers; frequent layoffs; certain teams have poor leadership; some meaningless metrics.
2. Siemens Healthineers
Employees: 71,000
Glassdoor rating: 4/5
80% would recommend to a friend.
Top review highlights on Glassdoor by sentiment:
Pros: Work/life balance; diversity; good benefits; people are great; good pay; culture is good.
Cons: Poor management; low salary; old technology to work with; few support systems; biases.
1. Medtronic
Employees: 100,716
Glassdoor rating: 3.8/5
70% would recommend to a friend.
Top review highlights on Glassdoor by sentiment:
Pros: Benefits are good; great people to work with; good work/life balance; good pay; great culture.
Cons: Poor management; frequent layoffs; some favoritism; lack of trust from upper management.