Preview

Arthrex

Good Essays
Open Document
Open Document
614 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Arthrex
Overview
Arthrex is a global medical device company and leader in new product development and medical education in orthopedics. The company was started in 1981 in Munich, Germany by Reinhold Schmieding, and has since moved its headquarters to Naples, Florida. They have locations in the Eastern and Western Hemispheres. Some locations include Germany, Switzerland, Korea, Japan, Denmark, Poland, Florida, California, and Canada to name a few of the countries it distributes its products to worldwide. More than 94% of Arthrex’s products are manufactured in the United States, and exported to more than 100 countries in the world. To go along with their mission of helping surgeons treat patients better and contribute to safe and successful patient outcomes, their corporate location in Naples, Florida serves as an education destination for surgeons from around the world to learn about new products and techniques through hands-on surgical skills training programs. To this day Arthrex holds about 200 patents in orthopedic devices.
Employment
As an employer Arthrex will match 100 percent to employees 401K contributions. Employees receive medical and dental insurance and basic life insurance on day one of employment. Many companies require 90 days of employment before offering medical insurance. Other perks of being an Arthrex employee include, catered lunches, language skills training programs, vision reimbursement, and short/long term disability. Employee wages range from starting salary of $34K to over $50K a year. Arthrex is responsible for more than 250 jobs in Naples, Florida alone and another 125 in Europe. Their intercompany employee mission is, Making People Better, described as “Arthrex invests in helping to make our employees’ lives better through job security, growth opportunity and wellness support in a safe, friendly, and team-oriented work environment that fosters mutual respect and camaraderie.” (Arthrex.com)
In the Community and Awards Arthrex is



References: Arthrex, corporate information. 2012. Retrieved October 30, 2012 from http://www.arthrex.com/corporate Arthrex awards. 2012. Retrived October 30, 2012 from http://www.arthrex.com/corporate/awards Layden, L. (2004). Naples-based Arthrex continue to grow. Marco News. Retrieved October 30, 2012 from http://www.marconews.com/news/2004/Jan/05/ndn_naples_based_arthrex_continues_to_grow/

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Stryker produces the following products to be considered for this project. We believe ABC Medical will benefit from the use of these products:…

    • 749 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Benefits: medical insurance partially paid; work from home 3 days per week; 5 days paid vacation each year…

    • 257 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Nundies Paper

    • 1337 Words
    • 4 Pages

    Advanced Materials, Inc. (AMI) is principle subsidiary of Advanced Materials Group, Inc., a company based in Dallas, Texas. The company deal with various products made from specialty flexible materials, including foams, foils, fabrics, nonwoven paper products, needles felts, films and adhesives products. Large industrial customers are its main targets. For example, sales to the company’s three largest customers account for about 60%. The company achieved a sales of $10.7 million with a net profit of $850,000 in the year of 2007. Early in 2003, the goal of this company was aimed at branding its own products and converting its product development capabilities into consumer-based solutions, primarily for the medical a consumer market. The financial foundation and its branding power enable a new projectimplemention, especially when there is a potential market need to fill.…

    • 1337 Words
    • 4 Pages
    Good Essays
  • Good Essays

    In 1992 Hancock Manufacturing started producing and distributing medical devices intended for the therapeutic market in the medical industry. Hancock’s main focus of business included devices for hip and knee replacements in the United States. The company’s newly devised strategic plan reaches out to new technologies and global expansion. The human resources management (HRM) department entails assisting Hancock manufacturing in their direction of the strategic plan. The HRM department consists of several functions requiring different sets of skills. These functions include staffing, training and development, compensation and benefits, diversity, employee relations, and maintenance. The strategic plan includes outsourcing the legal function to a firm experienced in international manufacturing laws. The HRM department’s priority is to focus on addressing changes in technology, diversity, globalization, and ethics to ensure Hancock manufacturing’s new…

    • 609 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Vancity’s approach to a healthy workforce is to create a positive environment and lifestyle, by allowing more flexibility for their employees in order to balance their work and personal commitments. There are several work alternatives for employees to choose from including telecommuting, flexible hours, shortened work weeks, and compressed work weeks. They have also included programs to help their employees manage a healthier lifestyle, such as opportunities in working with employee assistance providers (EAP) to develop success both within and beyond the workplace. Vancity offers a rewards and benefits program designed to provide employees and their families with the financial protection they need, so they are able to feel a sense of pride and satisfaction. Permanent employees are eligible for “dental and life insurance, three to six weeks of annual life insurance, maternity and paternity leave top-ups, and care days that can be used for personal and family illness or injury. Other benefits include profit-sharing, tuition reimbursement, retirement planning, and reduced rates on personal financial services such as mortgages and loans” (31). Vancity values its people and diversity in the workplace: they believe in equality and that everyone should be treated with fairness and respect in regards to race, colour,…

    • 587 Words
    • 3 Pages
    Good Essays
  • Better Essays

    In today’s work world it is makeup of diverse individuals which strives towards a successful outcome. However, working for a small or large company, individuals are looking forward to meeting the needs of the organization. In order to meet the needs of the organization, employees are to be in rivalry with hourly and salary wages. In additions to the hourly and salary wages, individuals are often attracted by organization benefits which usually consist of employee searching for discounts in 401k retirement plans and cheaper life insurance. The attractions to employees are health care insurance benefits, which usually includes…

    • 968 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Art Ciasca

    • 2719 Words
    • 9 Pages

    Mr. Ciasca’s position at SMH entails directing the operations of 65 employees in four counties. This paper will begin with a transcription of the interview, then comparisons will be made to the various leader styles and approaches covered from MAN 6296, and conclude with an analysis of Mr. Ciasca’s leadership philosophies, his approach to leadership, and as his skills as they relate to accomplishing the organization’s mission.…

    • 2719 Words
    • 9 Pages
    Good Essays
  • Good Essays

    This is a case about Eric Peterson, who was recently hired as a product manager in charge of sales and marketing of Biometra’s catheter. This product from Biometra, a subsidiary of Scientific Materials (SciMat), was the first product ever launched by Biometra and so its success was critical for both Biometra and SciMat. From the case we see that even though Eric Peterson tries hard to meet the product target launch date, there are several issues that he and the organization are experiencing.…

    • 678 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Boc Ohmeda

    • 1185 Words
    • 5 Pages

    There are certain facts which show the need to change Ohmeda’s current sales force strategy. The first revealing trend appears to be in the anesthesia equipment market where Ohmeda has been the market leader with a share of greater than 65% historically. However, recently a West German medical maker has capitalized on selling the story of their technology to…

    • 1185 Words
    • 5 Pages
    Better Essays
  • Best Essays

    Next, I analyzed statistics regarding wage and benefits. The average hourly wage is $16.04, which is close to the National Average, and they offer a 401k retirement plan and profit sharing. Moreover AG provides all its employees with Health, Life, Dental, Vision and Workers Comp. benefits. Lastly, management works closely with union representatives and maintain a good relationship. In my own research regarding labor, I found an interesting website called The Glass Door,…

    • 1062 Words
    • 5 Pages
    Best Essays
  • Satisfactory Essays

    Cover Letter

    • 482 Words
    • 2 Pages

    My extensive experience in consultative sales of medical devices and surgical implants has given me an overall knowledge of the business, directly applicable to your initiative of managing and growing the base business in the territory. In my most recent sales position with Stryker Spine, I was recognized for the following accomplishments:…

    • 482 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    At Riordan Manufacturing, we are preparing for an exciting new segment of production to meet the needs of the expanding medical technology industry. The news that CardiCare Valve heart valves will be produced in our customs plastic-injection facility in Pontiac, Michigan was released last week. We look forward to developing a long-term relationship with the CardiCare brand. New teams will be formed to begin work on CardiCare production beginning next period. Many of our seasoned employees will be joining CardiCare production teams, and this production segment also marks a new phase of job creating and hiring. “We will maintain an innovative and team oriented working environment. By assuring that our employees are well informed and properly supported, we will provide a climate focused on the long term viability of our company,” (University of Phoenix Material, Virtual Organizations). Team building and training will begin immediately.…

    • 1784 Words
    • 8 Pages
    Better Essays
  • Good Essays

    In order to identify possible issues that are interfering with Meditech’s ability to remain a leader in the endoscopic market, to understand clearly an analysis will be conducted to identify meditech’s problems in the introduction of new products, concerns in manufacturing, and all its products. The analysis will also observe how problems occur both systemically and organizationally, and the reason why the customer service manager pays quick attention to such problems. Furthermore, suggestions will be made in order to improve Meditech’s position and remain relative in the medical industry.…

    • 773 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    -''In 40 years after 1972, the company grew through a combination of organic growth and strategic acquisitions.''…

    • 729 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    On behalf of my group, I would like to thank Dr. Yaprak Anadol for guiding, inspiring and lighting up our path during this course “Marketing Channels” by delivering the concept of it in the simplest possible way. Also, I would like to express our sincere thanks to her for supervising us during this semester in order to come up with this report.…

    • 2969 Words
    • 12 Pages
    Best Essays