What does $2000 annual reimbursement expenses mean?Been here 22 years and have always been told Medtronic has the best benefits the best perks and that’s why your salary is dollars higher because of the great! Benefits!
Today they cut over $2,000 off Annual reimbursement expenses. A far cry of the benefits that were given when I was hired 22 years ago. So sad
It means fuck off!What does $2000 annual reimbursement expenses mean?
Been here 22 years and have always been told Medtronic has the best benefits the best perks and that’s why your salary is dollars higher because of the great! Benefits!
Today they cut over $2,000 off Annual reimbursement expenses. A far cry of the benefits that were given when I was hired 22 years ago. So sad
You have to keep in mind that the old American company Medtronic Inc of Minnesota disappeared in 2015 in the reverse-merger with Covidien PLC of Ireland. Technically Covidien PLC acquired Medtronic Inc, then Covidien PLC renamed itself to Medtronic PLC. Medtronic PLC is just a cutthroat company based on cutting costs, reducing headcount, financial engineering, cutting quality, & marking-up prices on cheapened products.Been here 22 years and have always been told Medtronic has the best benefits the best perks and that’s why your salary is dollars higher because of the great! Benefits!
Today they cut over $2,000 off Annual reimbursement expenses. A far cry of the benefits that were given when I was hired 22 years ago. So sad
Legacy Covidien was brutal. They ran as lean as possible. With a get it done or we'll find someone cheaper to hit deadlines. Seems MDT adopted that thought process as we see it happening again.You have to keep in mind that the old American company Medtronic Inc of Minnesota disappeared in 2015 in the reverse-merger with Covidien PLC of Ireland. Technically Covidien PLC acquired Medtronic Inc, then Covidien PLC renamed itself to Medtronic PLC. Medtronic PLC is just a cutthroat company based on cutting costs, reducing headcount, financial engineering, cutting quality, & marking-up prices on cheapened products.
MDT is now a diverse, global organization. Diverse + Global = better ?!Been here 22 years and have always been told Medtronic has the best benefits the best perks and that’s why your salary is dollars higher because of the great! Benefits!
Today they cut over $2,000 off Annual reimbursement expenses. A far cry of the benefits that were given when I was hired 22 years ago. So sad
Oh, they (Tyco/Covidien) were b@stards indeed and yes MDT has adopted that model.Legacy Covidien was brutal. They ran as lean as possible. With a get it done or we'll find someone cheaper to hit deadlines. Seems MDT adopted that thought process as we see it happening again.
No. Diverse and global is not necessarily better.MDT is now a diverse, global organization. Diverse + Global = better ?!
are you implying that Wal Mart wasnt the best model to try and copy?No. Diverse and global is not necessarily better.
It leads to a less stable, but cheaper, supply chain. Cost savings don't do much if massive backlogs prevent you from making sales. Diversity has nothing to do with it since they only care about superficial diversity, not diversity in how people think or their personalities. Management are all a bunch of dominant personality Sociopaths who will follow an irrefutably bad directive for their own short term goals like a good lemming. They like to choose very passive or narcissistic engineers who will follow goals for their own selfish validation they need from management. Some engineers are satisfied with the validation from a successful project for the whole company but are rare. Managers like that do not make it long.
Engineers are expected to ignore their years of successful project experience and go with the flow just so the managers can hit their short term KPI objectives the stuff goes wrong as the experienced engineers predicted.
Then those engineers get ostracized if they don't like it and don't shut up about it quick enough.
Your great benefits are a drag on the stock price. Move on
lol true!Technology stipend gone, car allowance decreased $100 a month over last 10 years. Competitor's being paid better. Good thing non competes are in the past.
