Bayer Corporation Benefits

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Most Popular Benefits

Benefit/Perk
Employees
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87
401(k)
87 employees
Paid Holidays / Vacation
61 employees
Paid Sick Leave
46 employees
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Life Insurance/Disability
39 employees
Casual Dress/Atmosphere
33 employees
Education/Training/Tuition/Certification Reimbursement
28 employees
Cell Phone
26 employees
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Benefits Summary

Retirement & Financial Benefits
Profit Sharing
401(k) Plan
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Health & Insurance Benefits
Long-term Disability Insurance
Health Insurance
Life Insurance
Dental Insurance
Vision Insurance
Temporary Disability Insurance
Severance Pay
Accidental Death & Dismemberment Insurance
At Bayer Corporation, they provide many options for pension and welfare benefits for their workers. Like Bayer Corporation, many American companies fund health plans, through which companies typically cover a significant portion of their employees' health insurance premiums. In this arrangement, employers are provided with tax deductions for their contributions and employees are given the coverage tax-free. Bayer Corporation provides health, dental, and vision coverage. Bayer Corporation also offers long-term disability insurance, group life insurance, short-term disability insurance for accidents or illness, and death benefits, which cover certain causes of death. To help ensure a dependable cash source later in life, numerous workers take advantage of employer-financed retirement plans. Bayer Corporation provides defined benefit pension plans and defined contribution pension plans. With a defined benefit pension plan, retirees receive predetermined payments upon retirement. With a defined contribution pension plan, employers help workers save and invest for retirement.

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