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Salary System
- A System that Reflects Fairly the Size of the Job and the Results of Each Employee -
In the Bayer salary system, basic annual salaries are determined for each employee, positioned as so-called basic pay.
These basic annual salaries are positioned as basic pay determined in accordance with the size of the job that each employee does, in other words, the job grade. The company has set “ annual pay ranges” of a fixed width for each job grade in order to manage the levels of annual pay appropriately.
The annual pay of individual employees is determined within these annual pay ranges, and annual increases are made each year in accordance with company and individual results so even if an employee is doing a job of the same job grade, his or her annual salary will increase each year in accordance with results.
The Bayer salary system is known as a “pay band system” and even if employees’ jobs (job grades) do not change, annual salary increases are implemented in accordance with the results that each individual has achieved (assessment). This is a system that is able to reflect in salaries increases that is the result which all company employees have made continuous efforts every year.
The explanation above has used the expression annual pay, but it is not like the annual pay of a professional baseball player, whose pay will be managed in extreme fashion, going up by two or three times one year and down by half the next in accordance with each year’s results. Bayer believes that repeating salary increases with certainty in accordance with the results of each and every employee ensures attractive salary levels and also leads to the improvement of motivation.
- A System that Reflects Fairly the Size of the Job and the Results of Each Employee -
In the Bayer salary system, basic annual salaries are determined for each employee, positioned as so-called basic pay.
These basic annual salaries are positioned as basic pay determined in accordance with the size of the job that each employee does, in other words, the job grade. The company has set “ annual pay ranges” of a fixed width for each job grade in order to manage the levels of annual pay appropriately.
The annual pay of individual employees is determined within these annual pay ranges, and annual increases are made each year in accordance with company and individual results so even if an employee is doing a job of the same job grade, his or her annual salary will increase each year in accordance with results.
The Bayer salary system is known as a “pay band system” and even if employees’ jobs (job grades) do not change, annual salary increases are implemented in accordance with the results that each individual has achieved (assessment). This is a system that is able to reflect in salaries increases that is the result which all company employees have made continuous efforts every year.
The explanation above has used the expression annual pay, but it is not like the annual pay of a professional baseball player, whose pay will be managed in extreme fashion, going up by two or three times one year and down by half the next in accordance with each year’s results. Bayer believes that repeating salary increases with certainty in accordance with the results of each and every employee ensures attractive salary levels and also leads to the improvement of motivation.
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