lack of upward promotion for minorities - Finance Department Medtronic Employee Review

2.0
Sep 10, 2012
Recommend
CEO approval
Business Outlook

Pros

Fantastic benefits like 401K company match, tuition assistance, paid holidays and vacations, work from home available in many departments, encourages employees to volunteer in the community, schlorships available for children of employees, excellent health benefits for example I paid around $200 per month for a family of 4 the only out of pocket costs I had were for $20 co-pays no co-insurance and no deductible, plan paid at 100% of medical costs when admitted to the hospital.

Cons

Promotion is based on who you know not what you know. Whenever they posted a new job position they already knew who they were planning to give the job to. It is just a formality that the job had to be posted for a specific number of days. They say that they want to retain talent; however there is a lack of promotion from within; instead they hire their friends from the outside, and promote their friends. For example, there was a woman who only had a bachelor's degree in biology, and no directly related work experience, yet she was hired in as a senior financial analyst. Then about every year or two she would be promoted. Whenever they wanted to promote someone who didn't meet the requirements, they would custom create the job position. For example, to be a Principle Financial Analyst you were to have at minimum 7 years of direct experience and a degree in a directly related field like finance or accounting; however they would change the requirement to 2 years and exclude the requirement for needing a related degree. These types of things occurred all the time! It significant decreased employee morale.

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5.0
Jul 14, 2026
Recommend
CEO approval
Business Outlook

Pros

Good environment and growth opportunities

Cons

Sometimes difficult to get work done

5.0
Jul 13, 2026
Recommend
CEO approval
Business Outlook

Pros

Strong business impact You often help maintain or improve systems tied to quality, compliance, and product reliability. That can make the work meaningful and visible. Cross-functional exposure The role usually interacts with Quality, IT, Regulatory, Manufacturing, and sometimes R&D. That can build a broad network and good business understanding. Specialized, marketable skill set Experience with quality systems, validation, documentation, audits, and regulated applications can be valuable, especially in medtech, pharma, and other regulated industries. Good mix of technical and process work If you like solving system issues but also improving workflows and controls, this role can be a strong fit. Career mobility It can lead into areas such as: Quality systems management Validation or CSV Regulatory systems Business systems analysis Program or product ownership Compliance leadership

Cons

Heavy documentation burden A lot of the work may involve change control, validation records, SOP alignment, traceability, and audit readiness. That can feel slow or administrative. High compliance pressure Mistakes in quality applications can have significant downstream effects. The role often carries risk sensitivity and scrutiny. Slower pace of change In regulated environments, even simple updates may require formal review, testing, approval, and training. That can be frustrating if you prefer fast execution. Competing priorities You may have to balance user requests, system issues, compliance needs, and audit deadlines at the same time. Limited creativity in some environments Depending on the team, the role may be more about control, stability, and process discipline than innovation.

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