Contact Info

6300 Wilson Mills Road

Mayfield Village, Ohio 44143

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Undergrad Internships

No. of undergrad internships in:

2005: 72

2006: 70

2007: 63

2006 interns from the following classes:

0% Freshman

7% Sophomores

46% Juniors

28% Seniors

19% Graduates

2006 interns from the following majors:

32*% Business

10% Computer Science

3% Economics

3% Engineering

2% Liberal Arts

2% Math

14% Science

0% Undeclared

41% Other

100% of internships paid

0% of internships unpaid

Is there an offical summer internship program? Yes

Average length of summer program: 12 weeks

Minimum: 9 weeks

Maximum: 21 weeks

Average hourly wage: $17.32*

Are interns paid on lump sum basis? No

Average total intern compensation: $10,785

61% of eligible 2006 interns received full-time job offers

70% of interns with offers accepted

NOTE: In addition to wages, Progressive provides interns with a housing allowance and entertainment such as tickets to baseball games, concerts and amusement parks.

Applicants & New Hires

164 undergrad campuses where employer recruited 2006-07

140 undergrad campuses where employer made job offers

Applicants for entry-level jobs

2005: 201,184

2006: 127,632

2007: 60,431

Entry-level hires

2005: 4,708

2006: 2,858

2007: 1,199

Entry-level hires who were undergrad interns

2005: 0*%

2006: 0*%

2007: 1*%

Most important characteristics for new hires:

2-Analytical Skills

1-Communication Skills

3-Leadership Skills

2006 new hires majored in:

32*% Business

10% Computer Science

3% Economics

1% Engineering

2% Liberal Arts

2% Math

14% Science

0% Undeclared

36% Other

...and are:

NA% African American

NA% Hispanic American

NA% Asian American

NA% Other

37% Total minorities

56% Female

NOTE: The exact percentage of entry-level hires who were former undergraduate interns is 0.23% for 2005, 0.10% for 2006 and 0.67% for 2007.

NOTE: Progressive’s Claims group does not have requirements regarding specific fields of study or college majors. We look for applicants with strong problem-solving, communication and leadership skills who will deliver outstanding customer service.

Salary & Benefits

Entry-level hires since Jan. 1

Average base salary: Less than $35,000

54% earn less than $35,000

25% earn $35,000 to $39,999

16% earn $40,000 to $44,999

3% earn $45,000 to $49,999

2% earn $50,000 to $54,999

0% earn $55,000 to $59,999

0% earn $60,000 to $64,999

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

0% earn $70,000 and above

Bonuses, Overtime & Perks

12% received signing bonuses

Average signing bonus: $1,311

NA*% received performance bonus first year on job

Average performance bonus, 2006: $NA*

7% of 2006 entry-level hires eligible for OT

93% of 2006 entry-level hires not eligible for OT

Reimburse employees for ed expenses?: Yes

Do employees become eligible immediately?: No*

Maximum annual education reimbursement: $2,000*

Full grad school sponsorship for jr. level employees? No

Partial grad school sponsorship for jr. level employees? No

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: 17

After 1 year: 18

After 3 years: 19

After 5 years: 24

After 10 years: 24

Total days off for religious observances: NA

Is flex time available? Yes

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? Yes

Does health plan provide vision coverage? Yes

Extra charge for vision coverage? Yes

Are same sex partners permitted as dependents? Yes

Pension and Profit-sharing

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

48 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: 5%

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? Yes

Months to full vesting in profit-sharing program: 0

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

0 days during first year

0 days after 1 year

0 days after 3 years

0 days after 5 years

Other Benefits

Does company match employee charitable gifts? Yes

Max. annual company match for employee charitable gifts: $5,000

Does company pay relocation expenses? Yes

Max. annual relocation expenses? $NA*

Employee Discounts

Car rentals

Gym memberships

Cell phone/service

Insurance

Cultural events

Publications

NOTE: Progressive does award merit bonuses, but does not track awards to entry-level hires.

Progressive employees are eligible for tuition reimbursement after 12 months of employment.

IT employees may be eligible for an additional $3,250 educational reimbursement.

Maternity leave is provided under short-term disability program, which pays up to 100% of salary depending on tenure. Generally an employee with a normal delivery is paid for six weeks of short-term disability.

There is no limit on relocation reimbursement.

Work Environment

47 hours worked weekly by entry-level hires on average

Does average vary by business unit, department? Yes

Entry-level hire work locations...

0% in open work stations

91% in cubicles

0% in shared offices

9% in private offices

% have no company-supplied work space

Does organization monitor e-mail?: Yes

Does organization monitor Web usage? Yes

Typical dress code

Casual

Does organization sponsor employee volunteer opportunities? No*

Does organization offer employee daycare? Not offered

Does organization have fitness facilities on site? Some locations

NOTE: Breakdown by work environment is for all employees.

Business lines organize a variety of volunteer activities including food drives, blood drives, and adoption of local schools.

Training Programs

Does your organization have a formal orientation program? Yes

If yes, how many days is it? 2

Orientation includes:

Computer Training

Guest Speakers

Diversity Exercises

Team Building Activities

Tour of Facilities

Review of emergency procedures, staff introductions and lunch with your manager, additional days of training specific to business areas

$NA* 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

Sales and Service Accelerated Supervisor Trainee Program*

Do candidates apply directly? Yes

If not, how is eligibility determined? NA

When are new hires first eligible? Other (explain below)

Skill set for job

Is program rotational? NA

If yes, number of locations or business units: NA

Minimum rotations: NA

Maximum rotations: NA

Length of program, in weeks: 36

Minimum: NA weeks

Maximum: NA weeks

After program, employees offered permanent positions: NA

After program, do employees offered permanent position receive raise? No

If yes, amount of typical raise: NA

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

Leadership Rotational Program

Do candidates apply directly? Yes

If not, how is eligibility determined?

NA

When are new hires first eligible? Within 3 Years

Is program rotational? Yes

If yes, number of locations or business units 3

Minimum rotations: NA

Maximum rotations: NA

Length of program, in weeks: 120

Minimum: 32 weeks

Maximum: 120 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

NA% of entry-level hires participate

NA days of additional training expected

NOTE: In 2006 Progressive spent more than $36 million on training and development. We do not separate out costs for new-hire training.

The Sales and Service Accelerated Supervisor Trainee program began in May 2007 and will be evaluated to determine if participants will rotate through various job positions.

Getting Ahead

Three-year retention rate: 39%

Five-year retention rate: 35%

How are raises determined?

Performance

When are entry-level hires eligible for first raise? January cycle

How are promotions determined?

Performance

When are entry-level hires eligible for first promotion? 6 months

Evaluations

Frequency of evaluations

Twice a year

Important qualities

2-Effort

1-Leadership Ability

3-Team Player

Other-Results

Min. tenure in years required for job change: 0.5

Describe any rules that apply: Employee must meet or exceed their level of performance on their last evaluation, discuss the opportunity with his/her supervisor; update their resume on the company Intranet site, and complete an Employee Transfer Request.

Long-Term Prospects

Does position of VP exist at this organization? No

If not, is there a comparable title? Director or higher

No. of employees who hold VP or similar title: 482

No. of employees with VP or similar title with 20 years plus seniority: 135

Age of youngest employee with VP or similar title: 29

Seniority of youngest employee with VP or similar title in years: 5