Top 10 Medical Device Companies to Work For in 2020

by | Jan 23, 2020 | Uncategorized

Modern equipment in operating room. Medical devices for neurosurgery.

Today’s highly competitive job market favors the job seeker. Trends tell us that talented professionals are becoming very discerning about where they choose to work – and it’s not just about salary. Companies that offer exceptional benefits, a strong culture, and meaningful work are more desirable.

Candidates today actively seek out work environments that offer good work-life balance, strong leadership, and flexibility. Top companies tend to stand out, not only because of the work they do but because of how happy their employees are to be a part of it.

Employer review sites like Glassdoor are a good resource as they allow past and present employees to rate the companies they work for on culture, flexibility, leadership, work-life balance, and many other critical metrics.

According to Glassdoor (and curated by us), here are the top ten medical device companies to work for in 2020. The scores reflect the company’s current Glassdoor rating as of this posting.

1.      Boston Scientific: Glassdoor Rating 4.1

According to their employees and candidates, Boston Scientific is the odds-on favorite in the medical device community. They focus on medical devices across a broad range of medical specialties, including gastroenterology, gynecology, orthopedic surgery, neurosurgery, surgical tools, and more. The company rated high on all points, but most especially for culture and values.

2.      Stryker: Glassdoor Rating 4.1

Having built a reputation for excellence in orthopedic, surgical, and medical devices for neurotechnology, spine, and reconstructive devices for knees, hips, and joints, Stryker is in the top ten medical device companies in the world in terms of revenues. They rate exceptionally high for culture and values as well as compensation, benefits, and career advancement opportunities.

3.      Siemens Healthineers: Glassdoor Rating 3.9

Known for developing and distributing some of the most high-tech diagnostics, imaging, and minimally invasive therapeutic equipment in the healthcare industry, Siemens Healthineers seeks to transform care delivery around the world. As an employer, they rate the highest on work-life balance, followed closely by culture and values.

4.      Philips Healthcare: Glassdoor Rating 3.8

A well-known brand in the medical device community, Philips Healthcare has been in business since 1891. The company is headquartered in Amsterdam, Netherlands, but has offices in more than 100 countries across the globe. Philips scored highest on compensation and benefits and work-life balance, followed closely by culture and values, proving that they are dedicated to keeping their employees happy.

5.      Varian Medical Systems: Glassdoor Rating 3.8

Varian Medical Systems is a leader in cancer care and technology, their vision of a cancer-free tomorrow is the driving force behind their mission, but in the interim, they provide patients with a better quality of life through targeted therapies. Varian rates highest on Glassdoor for culture and values. Founded in 1950, they are headquartered in Palo Alto, California, though they operate out of 20 locations globally.

6.      Hologic: Glassdoor Rating 3.8

Specialists in women’s health, Hologic develops and manufactures solutions for breast and skeletal concerns, GYN surgical, and diagnostic solutions. They focus almost exclusively on medical devices for breast imaging and biopsy, cervical, endometriotic, brachytherapy, and similar interventions. Their employees are most enthusiastic about the positive work environment and opportunity for personal growth. Glassdoor rates Hologic highest for culture and values, work-life balance, and compensation and benefits.

7.      GE Healthcare: Glassdoor Rating 3.7

A subsidiary of the General Electric Company, GE Healthcare was founded in 1892. They manufacture diagnostic and monitoring products as well as developing and manufacturing biopharmaceuticals. According to Glassdoor reviews, the company rates comparably high on culture and values, work-life balance, and compensation and benefits, but many reviews cite lack of training as a significant challenge.

8.      DePuy Synthes: Glassdoor Rating 3.6

Operating as a subsidiary of Johnson and Johnson, DePuy Synthes is a relatively small company compared to most others on this list. Founded in 1895 with a single product, they now operate in 60 countries around the world and specialize in trauma spine and joint reconstruction medical devices. DePuy Synthes rates highest in the areas of compensation and benefits.

9.      Medtronic: Glassdoor Rating 3.6

Medtronic is dedicated to developing and manufacturing a wide array of medical devices for surgical and clinical applications. They are industry leaders in areas that include cardiology, diabetes, surgery, respiratory health, and more. In terms of market share, they are number one in the world for gross revenue and employ more than 90,000 people worldwide. They were voted Best Employer for Diversity by Forbes in 2018 and Best Place to Work for LGBT Equality by the Corporate Equality Index.

10. Alcon: Glassdoor Rating 3.7

Alcon is well-known as a world leader in vision care with strengths in surgical devices, vision, and general eye care. They are active in 140 countries around the world and have been in business for more than 70 years. Known for its innovation, Alcon has a highly respected research and development division. According to Glassdoor, Alcon scores high in terms of benefits, compensation, culture, and values, and more than 80 percent approve of their current leadership. Alcon rated highest on salary and benefits at 3.9 and lowest on senior management at 3.1.

In conclusion, the top ten-rated medical device companies on Glassdoor are each desirable for many reasons. Most offer attractive benefits and compensation, and according to employee reviews, it would seem that cultures are strong, and the companies place significant value on work-life balance.

Ultimately, choosing the right company for you is about fulfilling your needs. Whether you want to join the fight to rid the world of cancer or you just want to feel like you are making a difference in the world, these companies offer a world of opportunity.

Are you ready for your next career challenge?

Pact and Partners is a leader in life sciences recruiting, both in the United States and throughout Europe. If you are in search of a position that will both challenge and reward you in equal measure, we can help. Reach out today to schedule a consultation with one of our recruiting specialists. There is no limit to where your talents may take you.

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