When it comes to location, the highest average paycheck (about $160K per year) can be spotted in San Francisco, Calif.; Morristown, N.J. ($140K), Jersey City, N.J. ($92K), and Whippany, N.J. (around $90K) are the next top-paying cities. On the lower end is Pittsburgh, Pa. at approximately $69K. Bayer Corporation workers in Texas earn the most — $117K annually on average.
Senior Business Consultants represent the higher end of the earnings spectrum — in fact, median pay for this job is the highest at approximately $115K per year — though Process Engineers, Manufacturing Engineers, and Treasury Analysts also do fairly well at around $88K, $61K, and about $54K, respectively. Chemists make an average $53K, close to the bottom of the company pay scale.
Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to $87K annually. Between the one and five year mark, median pay is about $62K per year. When we consider tenure, a substantial portion of employees (42 percent) have been working for 10-19 years and make $103K annually on average.
Certifications and Degrees
Bayer Corporation compensates Bachelor of Science in Mechanical Engineering (BSME)-holders the most at $101K per year.
The highest-paying skill to have may be Engineering Design; employees who claim proficiency also report a higher average salary of around $117K annually. One of the more prevalent skills at Bayer Corporation is Project Management, with close to one-fourth considering it a key competency. Microsoft Excel, Microsoft Office, and Financial Analysis were also reported by many survey participants.
Benefits and Perks
Paid time off is hard to come by at Bayer Corporation; the company rewards only 37 percent with paid vacation time and only a sixth of survey respondents with sick leave. To plan for old age, a large number of workers maintain savings accounts through the company's 401(k) plan. Nearly all workers have health insurance, and benefits for a large number of survey participants also include dental insurance. Some other advantages of working at Bayer Corporation are life insurance, a company cell phone, a stock purchase plan, and flexible hours.