When it comes to location, the highest average paycheck ($155K annually) can be spotted in Berkeley, Calif.; Memphis, Tenn. (around $117K), Whippany, N.J. ($103K), and Baytown, Texas (about $90K) are the next top-paying cities. On the lower end is Pittsburgh, Pa. at $72K. Within the firm, employees working in California take home the most — approximately $130K per year on average.
Years of Experience
Average pay is $93K annually for those with five to nine years of experience. Overall, the greater share of Bayer Corporation folks have one to four years of experience and earn an average $72K per year.
Earning about $115K annually on average, Senior Business Consultants receive the most money, followed by Clinical Trial Managers (approximately $97K), Process Engineers ($82K), and Mechanical Engineers (around $70K). Chemists at Bayer Corporation do not see much in the way of financial compensation and represent one of the lower-paid positions ($53K on average) at the company.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Certified Professional Engineers, who make about $103K per year. Earning an Engineer in Training certification garners significant financial rewards of around $71K annually on average. Employees who have a Bachelor of Science in Bachelor of Science (BS / BSc) make the most here, hauling in $89K per year.
The best-paying skill to have in this role appears to be Microsoft Word; employees who claim this ability report median compensation of approximately $127K annually. A relatively widespread skill at Bayer Corporation is Project Management; just under a third of employees use it for work. Other top skills include Microsoft Excel, Chemical Process Engineering, and Engineering Design.
Benefits and Perks
Paid time off due to illness is less common here than paid vacation time, one in four workers report receiving the former, whereas nearly one-half report receiving the latter. Almost all employees allocate some part of their earnings to the company-sponsored 401(k) savings plan. The vast majority of respondents receive health insurance, and most workers get dental coverage. Privileges also include life insurance, a subsidized cell phone, relocation expenses, and a stock purchase plan.