Pros
Masimo has some awesome products that really do benefit patient care. Their pulse oximeters and Rainbow SET technology are top notch and pretty much unmatched by what any other company is putting out there. Depending on the team, Masimo truly has some great people working there. There are some very smart engineers there that do really care about the product they're putting out, but are largely hindered by upper management. In terms of wellness, it seems like Masimo has always had some pretty decent options for employees, with an on-site gym and an on-site clinic. There are also various wellness incentives for an annual checkup or dental visits which are pretty nice to have. Under the new management, it seems like work life balance is pretty decent, though that's probably more due to the current upper management cutting projects and having no idea what they want, leaving employees to have much less work.
Cons
The new management under Katie seems pretty lost. Seems like a few members of former management (and Wall Street) agree, as Masimo has had two CTOs resign already. In addition, with HQ being in Irvine, it seems like salaries and equity have long been outpaced by inflation, as even a mid-level role here will leave you (quite literally) under the poverty line. To add insult to injury, their "subsidized" lunch will cost you ten dollars a day for subpar food, so you're much better off either bringing your own lunch or going out to any of the delectable establishments that Sand Canyon has to offer, as that'll probably cost around the same for much higher quality food. The insurance premiums are wicked expensive, often running a couple hundred per paycheck (for just one person!), while there's just a measly 3% 401k match to compensate.