WHIPPANY, N.J., Jan. 3, 2019 /PRNewswire/ -- Bayer has earned top honors on PRWeek's 2018 "Best Places to Work" list.
The honor – a first for Bayer – takes into consideration employee feedback and input from a panel of judges. The list identifies companies with a strong workplace culture, competitive salary and other incentives, and an overall positive social impact.
Notably, the recognition follows a year of important changes for the company, including the acquisition of agricultural leader Monsanto. Judges at PRWeek pointed to the honor as evidence that Bayer has maintained its strong reputation with employees throughout its monumental transformation.
"To be included on the PRWeek 'Best Places to Work' list is an incredible honor – one in which every member of the Bayer team can be extremely proud," said Raymond F. Kerins, Jr., Senior Vice President of Corporate Affairs for Bayer U.S. "The fact that this recognition comes at a very important juncture of Bayer's history makes this an even more significant achievement.
"Making this list is an amazing testament to the strong professional spirit, teamwork and results-driven assertiveness of our people – our most important asset."
Among the policies applauded by team members and PRWeek was the company's emphasis on work/life balance through its flexible and remote working hours. Employees also noted the company's health-oriented initiatives, including free gym membership and meditation spaces at the company's U.S. headquarters. Excellent 401(k) matching, an employee discount program for company products, and training opportunities also made the list of aspects most appreciated by team members at Bayer.
The company's strong involvement in charity was also noted by employees and PRWeek. The company has a policy of allowing every U.S. employee two paid days off to volunteer at an organization of their choice. Additionally, the company expanded its Community Service Day throughout the United States to extend its commitment to supporting the communities in which employees work and live.
"With a very high level of satisfaction about the way they are treated, the employees at Bayer are also very proud of the charitable and social impact work performed by the company," noted one PRWeek judge.
Bayer will be featured along with the rest of the winners in an article in the January/February print issue of PRWeek.
Bayer: Science For A Better Life
Bayer is a global enterprise with core competencies in the Life Science fields of health care and agriculture. Its products and services are designed to benefit people and improve their quality of life. At the same time, the Group aims to create value through innovation, growth and high earning power. Bayer is committed to the principles of sustainable development and to its social and ethical responsibilities as a corporate citizen. In fiscal 2017, the Group employed around 99,800 people and had sales of EUR 35.0 billion. Capital expenditures amounted to EUR 2.4 billion, R&D expenses to EUR 4.5 billion. For more information, go to www.bayer.us.
Forward-Looking Statements This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer Group or subgroup management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer's public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.