When it comes to location, the highest average paycheck (around $190K annually) can be spotted in San Francisco, Calif.; Morristown, N.J. (approximately $140K), Houston, Texas ($130K), and Berkeley, Calif. (about $93K) are the next top-paying cities. Pittsburgh, Pa. is near the bottom for pay at $73K. By state, Texas offers the highest pay at $130K per year.
Years of Experience
Those with one to four years of experience at the company can expect to make around $70K annually on average. Those who have five to nine years of work experience see average salaries of $91K per year. The largest slice of the Bayer Corporation workforce (40 percent) has been working for 10-19 years and earns, on average, $97K annually.
The highest paychecks go to Validation Engineers, who earn $94K per year on average, closely trailed by Process Engineers (about $88K) and Treasury Analysts (approximately $54K).
Certifications and Degrees
Monetary compensation comes to $87K annually for Engineer in Trainings, far surpassing the earnings of non-credentialed workers. It pays to have a Bachelor of Science in Electrical Engineering (BSEE) at Bayer Corporation — these employees make the most at about $136K per year.
In this role, the best-paying skill appears to be Operations Management; individuals who claim it among their capabilities enjoy a higher median salary of around $120K annually. One of the more prevalent skills at Bayer Corporation is Project Management, with approximately one in five considering it a key competency. Microsoft Excel, Microsoft Office, and Engineering Design were also reported by many survey participants.
Benefits and Perks
To plan for old age, a large number of employees maintain savings accounts through the company's 401(k) plan. A large number of workers report having health insurance, and a fair number of survey participants report having dental coverage. The company also dishes out perks such as a stock purchase plan, life insurance, a subsidized cell phone, a casual working environment, and tuition reimbursement.