Covidien Ltd Salary

Covidien Ltd Salary

How much does the Covidien Ltd Pay for employees?

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As of July 2026, the average annual salary for employees at Covidien Ltd in the United States is $108,391. This translates to an approximate hourly wage of $52. Salaries at Covidien Ltd typically range from $95,447 to $122,488 annually, reflecting the diverse roles and experience levels within the company. Covidien Ltd’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
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.

How Much Does Covidien Ltd Pay for Different Roles?

Explore detailed salary information for specific jobs at Covidien Ltd. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
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.
How accurate does the salary look to you?

Current Job Openings at Covidien Ltd

Ready for your next career move? Explore current job openings at Covidien Ltd. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Covidien Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Covidien Ltd’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
180k
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90k
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Average Salary ($/year)
Covidien Ltd
Biotechnology
ENDO Inc
OrthoSensor Inc
Industry Comparison
Our data shows that, on average, compensation at Covidien Ltd is below the average for the U.S. Biotechnology industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Covidien Ltd average annual salary with several similar companies. Covidien Ltd average salary of $108,391 is higher than ENDO Inc, which has an average salary of $95,913. It is higher than OrthoSensor Inc, with their average salary at $97,653. This places Covidien Ltd in a competitive position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Covidien Ltd's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Covidien Ltd. Click a company name to learn more.

Employee Reviews: Working at Covidien Ltd

Considering a career at Covidien Ltd? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Good people, though collaboration isn't always seamless. There’s minimal encouragement for creativity, and many tasks involve routine work. The projects are impactful and managed with high integrity. Strategic direction occasionally lacks transparency. Workload fluctuates depending on project cycles, which can affect balance.
Commented in February 04, 2025
25
0
Job security is high, but creativity and autonomy vary by role. Strong focus on science and data-driven decisions. Training is adequate, mostly online, and largely self-directed. It's a place where your work feels purposeful and where professional growth is aligned with organizational success. The company is large and well-structured, but sometimes trigger to change. Benefits are reasonable, and j...
Commented in December 11, 2024
31
1
Management enforces policies strictly, which ensures consistency but limits flexibility. Innovation is not emphasized, and employees follow detailed guidelines. The company’s mission to improve health motivates me to give my best every day. The environment is steady, though it might feel impersonal or overly bureaucratic for some employees.
Commented in August 29, 2024
24
2
The culture here is centered on innovation, teamwork, and integrity. It’s a fulfilling place for those passionate about improving lives through science. There’s a mix of passionate scientists and more corporate-minded leaders, which can create friction.
Commented in March 11, 2024
19
3

Covidien Ltd Overview

Website
www.covidien.com
Founded In
2007
Employees
50 - 100 employees
Industry
Biotechnology
Headquarter Address
15 Hampshire St Mansfield Massachusetts MA 02048
Revenue
$5 Million - $10 Million
Phone Number
+1 5082618000
Social Media
About Covidien Ltd
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

What Benefits Does Covidien Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Covidien Ltd offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Springfield?

Understanding the cost of living near Springfield is key to truly evaluating a salary offer or your current compensation at Covidien Ltd.
Springfield's Cost of Living Index is approximately 97.5 (2.5% less expensive than US average; 26.5% less than MA average). Western MA city, more affordable housing. PVTA bus, Hartford Line rail. When planning your budget based on a salary from Covidien Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Covidien Ltd salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $58 (PVTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,488 - $3,868+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Covidien Ltd

1. How much does a Covidien Ltd employee make?

Covidien Ltd pays its employees an average of $108,391 per year. The average salary at Covidien Ltd range from $95,447 to $122,488 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Covidien Ltd?

The salary at Covidien Ltd is higher than the similar company. The average annual salary at Covidien Ltd is $108,391, or an hourly wage of $52, in comparison to ENDO Inc which pays $95,913 per year or $46 per hour.

3. How much does a Vice President, Government Affairs typically earn at Covidien Ltd?

A Vice President, Government Affairs at Covidien Ltd typically earns an average annual base salary of around $311,238, with a general range of $268,486 to $363,727.

4. Do employees with advanced degrees (Master's, PhD) earn more at Covidien Ltd?

In many roles at Covidien Ltd, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Springfield affect the perceived value of a Covidien Ltd salary?

Springfield's Cost of Living Index is approximately 97.5 (2.5% less expensive than US average; 26.5% less than MA average). This significantly impacts the purchasing power of a salary from Covidien Ltd based there. Our "Cost of Living Insights for Springfield" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Covidien Ltd typically offer employees?

Covidien Ltd generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Covidien Ltd" section on this page.

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