When it comes to location, the highest average paycheck (approximately $142K per year) can be spotted in Morristown, N.J.; Houston, Texas (around $115K), Whippany, N.J. ($101K), and Berkeley, Calif. ($94K) are the next top-paying cities. On the lower end is Pittsburgh, Pa. at $72K. By state, the highest pay levels are found in Tennessee, where the average Bayer Corporation employee makes about $117K annually.
Years of Experience
For those with five to nine years of experience, average earnings amount to approximately $95K per year. Workers who have been with the company for more than one year but less than five can make around $71K annually on average. The largest fraction of Bayer Corporation people (31 percent) have been working for 10-19 years and earn $105K per year on average.
Biotechnology Research Scientists rake in the most money, with average earnings of $99K annually; Validation Engineers come in second with average earnings amounting to $94K, while Project Managers and Process Engineers rank near the top as well (about $90K and approximately $82K, respectively). Financial Controllers at Bayer Corporation do not see much in the way of financial compensation and represent one of the lower-paid positions ($51K on average) at the company.
Certifications and Degrees
Being a Project Management Professional certainly has its perks — salaries approach $165K per year and far exceed the paychecks of those without certification. Becoming a Certified Professional Engineer can certainly pay off here; those folks make $120K on average. Employees who have a Master of Engineering Management (MEM) make the most here, hauling in around $147K annually.
Employees who count Budget Management among their skills enjoy higher pay; the median for this group is about $147K per year. A relatively widespread skill at Bayer Corporation is Project Management; somewhere between a fifth and a fourth of employees use it for work. Microsoft Excel, Microsoft Office, and Engineering Design were also reported by many survey participants.
Benefits and Perks
Bayer Corporation lets only two-fifths of survey participants take paid vacation and only a sixth of survey respondents take sick leave. Most employees plan for retirement by taking advantage of the company-sponsored 401(k) program. Nearly all employees have health insurance, and benefits for a fair number of employees also include dental insurance. Additional benefits of working here are a company cell phone, life insurance, a stock purchase plan, and a casual working environment.