Best Medical Equipment Companies to Work for

Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";}

In the medical industry Cyberonics, Inc. who pioneered the Vagus Nerve Stimulation (VNS Therapy) System, is one such company. Founded in 1987 to design, develop and market implantable medical devices for the treatment of epilepsy, Cyberonics has emerged as a leader in the neuro-modulation industry.

The remarkable success of VNS Therapy in the treatment of epilepsy has served as a platform for continued innovation. In 2005, after seven years of extensive study and clinical trials, VNS Therapy was approved by the FDA as long-term adjunctive treatment for treatment-resistant depression. The company is committed to advancing the treatment of epilepsy through new technology.

Cyberonics claim that their most valuable resource is the people that work for them. They are committed to create an environment that addresses the real-world concerns of its workforce. Their commitment includes a network of benefits and support systems that help employees manage personal issues such as health care retirement planning, life insurance protection and continuing education. When it comes to compensation, they believe it is best to keep it simple and reward exceptional performances with exceptional pay.

Health and Income Protection

• Medical insurance – a choice of three medical plans with a large network of doctors and hospitals to choose from.

• Dental insurance – a choice of either electing a DPO indemnity) or DHMO (where geographically available).

• Optional Supplemental Income Protection in the event of hospitalization, illness or injury.

• Vision Insurance, an affordable, high-quality service plan.

• Basic Life and Accidental Death and Dismemberment (AD&D) Insurance. The company provides basic AD&D at no cost to the employee up to one and a half times the employee’s annual salary, not to exceed $300,000.

• Supplemental Life Insurance – employees may purchase optional supplemental life insurance in increments of $25,000 up to $300,000.

• Short-term disability – offered at no cost to the employee.

• Long-term disability – for disabilities of more than 13 weeks, Cyberonics offers long-term disability insurance at no cost to the employee.

• Flexible spending accounts – allows employees to set aside a portion of income, tax free, to help pay certain health care dependent care expenses.

• Workers’ Compensation – provides coverage for employees injured on the job. This is an automatic benefit provided by Cyberonics at no cost to the employee. If a worker is injured in the workplace, Workers’ Compensation provides payment for medical treatment as well as partial wage-replacement benefits.
  

There are also benefits such as a Retirement Savings Plan, an Employee Stock Purchase Plan, an Education Assistance Plan, and Paid Time Off for personal time, parental leave, and also an Employee Assistance Plan which helps employees resolve personal problems which may adversely impact their work performance, health and well-being.