Maclean's Magazine and The Toronto Star Select Bayer Inc. as Top Employer
TORONTO, Oct. 9 /CNW/ - Bayer Inc. announced today that it was selected
one of Canada's Top 100 Employers for 2008 by Maclean's Magazine and one of
Greater Toronto's Top 50 Employers for 2008 by the Toronto Star.
"We are thrilled to be acknowledged as one of Canada's leading
employers," said Philip Blake, President & CEO, of Bayer Inc., the Canadian
subsidiary of Germany-based Bayer AG, with approximately 1,000 employees
across Canada. "Our employees are incredibly dedicated and they are our
greatest strength. At Bayer we recognize the importance of fostering a
positive work environment and continually strive to support our employees
through innovative and flexible programs designed to meet their needs."
"Bayer was selected as one of Canada's top employers for its dedication
to its employees, which is clearly demonstrated through their employee
wellness programs and progressive benefits plan," said Mediacorp Canada's
Editorial Board, which steers the selection process.
Bayer's submission to Maclean's highlighted several initiatives that make
Bayer unique and demonstrated the organization's commitment to its employees.
Life At Work
Bayer's Life At Work program was specifically designed to provide
employees with the support and resources they need to live well at work. In
2007, Bayer consolidated new and existing programs under the banner "Life At
Work". The Bayer Life At Work program includes a newly renovated fitness
centre offering free fitness classes, a new multi-purpose court, putting green
and driving range, a quiet room, and a lounge complete with foosball,
billiards and a large flat screen T.V.
This collection of programs and resources on-site gives employees the
ability to recharge their batteries throughout the day, increasing
productivity and helping them achieve a solid work/life balance.
Bayer Inc. is a proud supporter of the United Way and in 2006 was among
the top ten per cent of companies who supported their community through the
In 2007, Bayer formed a partnership with a local school, North Kipling
Junior Middle School (NKJMS), to provide employees opportunities to give back
to the community beyond financial donations. NKJMS is located in a high need
area of Toronto and faces unique challenges. Bayer's new partnership gives
employees the opportunity to volunteer in a variety of school programs
including the Breakfast Club, which provides a hot, nutritionally balanced
breakfast to about 100 children every morning, the Lunch Club, a first for the
school, as well as one-on-one mentoring. This partnership is the first of its
kind for both Bayer and the school.
About Bayer Inc.
Bayer Inc. (Bayer) is a Canadian subsidiary of Bayer AG, an international
research-based group with core businesses in health care, crop science, and
Headquartered in Toronto, Ontario, Bayer Inc. operates the Bayer Group's
HealthCare and MaterialScience businesses in Canada. Bayer CropScience Inc.,
headquartered in Calgary, Alberta operates as a separate legal entity in
Canada. Together, the companies play a vital role in improving the quality of
life for Canadians - producing products that fight diseases, protecting crops
and animals, and developing high-performance materials for applications in
numerous areas of daily life. Headquartered in Toronto, Bayer Inc. has
approximately 1,000 employees across Canada and had sales of over $910 million
CDN in 2006.
Globally, the Bayer Group had sales of over 28 billion Euro in 2006.
Bayer Inc. invested approximately $47 million CDN in research and development
in 2006. Worldwide, the Bayer Group spends the equivalent of over 2 billion
Euro in 2006 in R&D.
For more information about Bayer Inc., please visit www.bayer.ca.
This news release contains forward-looking statements based on current
assumptions and forecasts made by Bayer Group 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 our public reports filed with the Frankfurt
Stock Exchange and with the U.S. Securities and Exchange Commission (including
our Form 20-F). The company assumes no liability whatsoever to update these
forward-looking statements or to conform them to future events or
For further information:
For further information: or to arrange an interview, please contact:
Emily Hanft, Business Communications Specialist, Bayer Inc., (416) 240-5434,