When it comes to location, the highest average paycheck (about $144K annually) can be spotted in Berkeley, Calif.; Whippany, N.J. ($103K), Baytown, Texas (around $95K), and Houston, Texas ($72K) are the next top-paying cities. Approaching the lower end of the pay scale (at approximately $31K) is Mishawaka, Ind. By state, the highest compensation levels appear in North Carolina, where the average salary is $119K per year.
Years of Experience
For those with one to four years of experience, median paychecks reach $70K annually. The largest slice of the Bayer Corporation workforce (33 percent) has been working for five to nine years and earns, on average, approximately $91K per year.
Senior Business Consultants earn the highest median pay at around $115K annually, followed by Clinical Trial Managers ($97K), Process Engineers ($70K), and Mechanical Engineers (about $70K).
Certifications and Degrees
Project Management Professionals are compensated at a much higher rate than non-authorized workers, bringing in close to $130K per year. On average, salaries rise to around $106K annually for accredited Registered Nurses. Employees who have a Master of Science (MS), Chemical Engineering make the most here, hauling in $110K per year.
In this role, the best-paying skill appears to be Strategic Marketing; individuals who claim it among their capabilities enjoy a higher median salary of $137K annually. Project Management is considered a run-of-the-mill skill; one in four of Bayer Corporation's people use it regularly. Many workers are also familiar with Chemical Process Engineering, Microsoft Excel, and Process Improvement.
Benefits and Perks
Half of survey participants receive paid vacation, and only 30 percent get sick leave. A 401(k) program is available, and a large number of survey participants use it to save for retirement. At Bayer Corporation, a large number of respondents have health insurance, and a large number of workers have dental coverage. Advantages of working here also include life insurance, a stock purchase plan, tuition reimbursement, and a casual working environment.