Sourcing Engineer Salary at Covidien Ltd BETA

How much does a Covidien Ltd Sourcing Engineer make?

As of April 2025, the average annual salary for a Sourcing Engineer at Covidien Ltd is $74,615, which translates to approximately $36 per hour. Salaries for Sourcing Engineer at Covidien Ltd typically range from $67,620 to $80,031, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Covidien Ltd Overview

Website:
covidien.com
Size:
50 - 100 Employees
Revenue:
$5M - $10M
Industry:
Biotechnology

Covidien is a leading global healthcare products company that creates innovative medical solutions for better patient outcomes and delivers value through clinical leadership and excellence. Covidien manufactures, distributes and services a diverse range of industry-leading product lines, including surgical devices, energy-based devices, respiratory and monitoring solutions, pharmaceutical products, imaging solutions, patient care and safety products, and medical supplies. With 2006 revenue of nearly $10 billion, Covidien has more than 43,000 employees worldwide in 57 countries, and its products are sold in over 130 countries.

See similar companies related to Covidien Ltd

What Skills Does a person Need at Covidien Ltd?

At Covidien Ltd, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Procurement: Procurement is the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Procurement is used to ensure the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks such as exposure to fraud and collusion. Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and price fluctuations. Procurement generally involves making buying decisions under conditions of scarcity. If sound data is available, it is good practice to make use of economic analysis methods such as cost-benefit analysis or cost-utility analysis.
  2. Purchasing: Purchasing refers to a business or organization attempting to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes expediting, supplier quality, and transportation and logistics (T&L) in addition to purchasing.
  3. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  4. Supply chain: A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
  5. Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.

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Check more jobs information at Covidien Ltd

Job Title Average Covidien Ltd Salary Hourly Rate
2 Abap Consultant $148,814 $72
3 AWS DevOps Engineer $121,567 $58
4 Clinical Research Associate II $77,841 $37
5 Customer Service Specialist $43,248 $21
6 Director, Manufacturing $200,480 $96
7 Director, Sales Training $170,479 $82
8 HR Senior Assistant $60,244 $29
9 Line Lead $117,514 $56
10 Machinist $56,363 $27
11 Manager, Business Application $136,448 $66
12 Material Handler $41,593 $20
13 Procurement Analyst $48,115 $23

Hourly Pay at Covidien Ltd

The average hourly pay at Covidien Ltd for a Sourcing Engineer is $36 per hour. The location, department, and job description all have an impact on the typical compensation for Covidien Ltd positions. The pay range and total remuneration for the job title are shown in the table below. Covidien Ltd may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $74,615 look to you?

FAQ about Salary and Jobs at Covidien Ltd

1. How much does Covidien Ltd pay per hour?
The average hourly pay is $36. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Covidien Ltd?
According to the data, the highest approximate salary is about $80,031 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Covidien Ltd?
According to the data, the lowest estimated salary is about $67,620 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.