When it comes to location, the highest average paycheck ($140K per year) can be spotted in Morristown, N.J.; Houston, Texas (approximately $135K), Whippany, N.J. (about $96K), and Jersey City, N.J. (around $92K) are the next top-paying cities. Pittsburgh, Pa. ranks low on the pay scale — at $69K, it is one of the lowest-paid cities. Bayer Corporation workers in Tennessee earn the most — $117K annually on average.
Senior Business Consultants rake in the most money, with average earnings of around $115K per year; Process Engineers come in second with average earnings amounting to about $88K, while Manufacturing Engineers and Treasury Analysts rank near the top as well ($61K and $54K, respectively). With salaries averaging $53K, Chemists are among the lowest paid at Bayer Corporation.
Years of Experience
Workers who have been with the company for more than one year but less than five can make approximately $69K annually on average. For those with five to nine years of experience, average earnings amount to $88K per year. Broken down by tenure, the largest share of Bayer Corporation employees (40 percent) have 10-19 years of experience and earn $103K annually on average.
Certifications and Degrees
Certified Professional Engineers earn around $114K per year, far more than their non-accredited counterparts. Regarding salaries and education, Bayer Corporation pays those with a Bachelor of Science in Mechanical Engineering (BSME) the most — approximately $101K.
When it comes to skills, Engineering Design seems to bolster pay the most; employees who claim proficiency also enjoy a median income of about $117K annually. Project Management is regularly seen around here; about one in four of those surveyed report it as a core competency. Some other standard skills here are Microsoft Excel, Microsoft Office, and Financial Analysis.
Benefits and Perks
The benefits packages at Bayer Corporation can sometimes lack paid time off; 36 percent get paid vacation days, and a sixth of respondents receive paid sick leave. Most employees save for retirement through Bayer Corporation's 401(k) plan. For nearly all workers, benefits include health insurance, and a large number of survey participants get dental coverage, too. Some other perks are life insurance, a company cell phone, a stock purchase plan, and flexible hours.