36. Harrah's Entertainment

Contact Info

One Caesars Palace Drive

Las Vegas, Nevada 89109

Web site

More info

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Undergrad Internships

No. of undergrad internships in:

2005: 15

2006: 70

2007: NA

2006 interns from the following classes:

0% Freshman

0% Sophomores

25% Juniors

75% Seniors

NA% Graduates

2006 interns from the following majors:

30% Business

15% Computer Science

5% Economics

NA% Engineering

0% Liberal Arts

5% Math

0% Science

0% Undeclared

NA% Other

100% of internships paid

0% of internships unpaid

Is there an offical summer internship program? No

Average length of summer program: NA weeks

Minimum: NA weeks

Maximum: NA weeks

Average hourly wage: $NA

Are interns paid on lump sum basis? NA

Average total intern compensation: $NA

NA% of eligible 2006 interns received full-time job offers

NA% of interns with offers accepted

NOTE: While company does not have "official" internship program, Harrah's offers a variety of internships at its properties and corporate offices. Most opportunities exist in hospitality roles (Hotel Operation, Food & Beverage, etc.) and information technology.

Applicants & New Hires

20 undergrad campuses where employer recruited 2006-07

18 undergrad campuses where employer made job offers

Applicants for entry-level jobs

2005: NA

2006: NA

2007: NA

Entry-level hires

2005: 1,400

2006: 2,270

2007: 775

Entry-level hires who were undergrad interns

2005: 5%

2006: 5%

2007: 5%

Most important characteristics for new hires:

1-Analytical Skills

2-Communication Skills

3-Leadership Skills

2006 new hires majored in:

30% Business

15% Computer Science

5% Economics

5% Engineering

0% Liberal Arts

5% Math

0% Science

0% Undeclared

40*% Other

...and are:

15% African American

8% Hispanic American

7% Asian American

1% Other

31% Total minorities

49% Female

NOTE: 'Other' category for college majors is Hospitality - Culinary and Hotel Operations

Salary & Benefits

Entry-level hires since Jan. 1

Average base salary: $35,000 to $39,999

23% earn less than $35,000

31% earn $35,000 to $39,999

21% earn $40,000 to $44,999

15% earn $45,000 to $49,999

6% earn $50,000 to $54,999

2% earn $55,000 to $59,999

1% earn $60,000 to $64,999

0% earn $65,000 to $69,999

0% earn $70,000 and above

Bonuses, Overtime & Perks

1% received signing bonuses

Average signing bonus: $2,259

0% received performance bonus first year on job

Average performance bonus, 2006: $NA

0% of 2006 entry-level hires eligible for OT

100% of 2006 entry-level hires not eligible for OT

Reimburse employees for ed expenses?: Yes

Do employees become eligible immediately?: Yes

Maximum annual education reimbursement: $2,500

Full grad school sponsorship for jr. level employees? Yes

Partial grad school sponsorship for jr. level employees? Yes

Time Off

Is there a Paid Time Off (PTO) Bank? Yes

If no, total paid vacation days:

During first year: NA

After 1 year: NA

After 3 years: NA

After 5 years: NA

After 10 years: NA

Total paid holidays: NA

Time off for religious observances: NA

If yes, max PTO days:

During first year: 19

After 1 year: 24

After 3 years: 24

After 5 years: 29

After 10 years: 30

Total days off for religious observances: NA

Is flex time available? No

Sick, personal days, first year: NA

Health Benefits

Do entry-level hires have access to health plan? Yes

Employees pay part of the cost? Yes

Does health plan provide dental coverage? Yes

Extra charge for dental coverage? No

Does health plan provide vision coverage? Yes

Extra charge for vision coverage? No

Are same sex partners permitted as dependents? Yes

Pension and Profit-sharing

Do entry-level hires have access to 401(k)? Yes

60 months to full vesting in 401(k)

Max. company match as a percentage of salary: 3%

Min. employee set-aside as a percentage of salary to receive max. co. match: 6%

If 401(k) match not calculated as percentage of salary, explain:

Are entry-level hires eligible for co-funded pension? No

Months to full vesting in co-funded pension: NA

Are entry-level hires eligible for profit-sharing program? No

Months to full vesting in profit-sharing program: NA

Maternity/Paternity Leave

Maximum Maternity Leave

NA days during first year

NA days after 1 year

NA days after 3 years

NA days after 5 years

Maximum Paternity Leave

NA days during first year

NA days after 1 year

NA days after 3 years

NA days after 5 years

Other Benefits

Does company match employee charitable gifts? Yes

Max. annual company match for employee charitable gifts: $NA

Does company pay relocation expenses? Yes

Max. annual relocation expenses? $NA

Employee Discounts

Car rentals

Gym memberships

Cell phone/service

Insurance

Work Environment

40 hours worked weekly by entry-level hires on average

Does average vary by business unit, department? Yes

Entry-level hire work locations...

30% in open work stations

60% in cubicles

5% in shared offices

5% in private offices

0% have no company-supplied work space

Does organization monitor e-mail?: Yes

Does organization monitor Web usage? Yes

Typical dress code

Business Casual

Formal/Business

Does organization sponsor employee volunteer opportunities? Yes

Does organization offer employee daycare? Not offered

Does organization have fitness facilities on site? Some locations*

NOTE: 63% of all employees have access to free on-site fitness facilities. 70% have access to on-site healthcare, offering high-quality, confidential, primary, preventive, and acute care, as well as physical therapy, wellness education, lifestyle coaching, EAP, and dietary counseling.

Training Programs

Does your organization have a formal orientation program? Yes

If yes, how many days is it? 5

Orientation includes:

Computer Training

Guest Speakers

Diversity Exercises

Team Building Activities

Tour of Facilities

Customer Service Training

$500 average spent on training, per new hire, in 2006

Is there a formal leadership program for entry-level hires of a year or less? Yes

CAMP (College Assistant Manager Program)

Do candidates apply directly? Yes

If not, how is eligibility determined? NA

When are new hires first eligible? Immediately

Is program rotational? Yes

If yes, number of locations or business units: NA

Minimum rotations: 2

Maximum rotations: 8

Length of program, in weeks: NA

Minimum: 40 weeks

Maximum: 52 weeks

After program, employees offered permanent positions: 75% to 99%

After program, do employees offered permanent position receive raise? Yes

If yes, amount of typical raise: 5-9.9%

Is there a formal leadership program for entry-level hires of a year or more? No

NA

Do candidates apply directly? NA

If not, how is eligibility determined?

NA

When are new hires first eligible? NA

Is program rotational? NA

If yes, number of locations or business units NA

Minimum rotations: NA

Maximum rotations: NA

Length of program, in weeks: NA

Minimum: NA weeks

Maximum: NA weeks

After program, employees offered permanent positions: NA

After program, do employees offered permanent position receive raise? NA

If yes, amount of typical raise: NA

Does company have formal mentorship program? Yes

15% of entry-level hires participate

5 days of additional training expected

Getting Ahead

Three-year retention rate: 25%

Five-year retention rate: 21%

How are raises determined?

Performance

When are entry-level hires eligible for first raise? One-year anniversary

How are promotions determined?

Performance

When are entry-level hires eligible for first promotion? One-year anniversary

Evaluations

Frequency of evaluations

Monthly

Important qualities

1-Analytical Skills

2-Customer Satisfaction

3-Effort

Min. tenure in years required for job change: 1

Describe any rules that apply:

Long-Term Prospects

Does position of VP exist at this organization? Yes

If not, is there a comparable title? NA

No. of employees who hold VP or similar title: 291

No. of employees with VP or similar title with 20 years plus seniority: 39

Age of youngest employee with VP or similar title: 29

Seniority of youngest employee with VP or similar title in years: 6