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Nestlé may be based in Switzerland, but U.S.-based entry-level hiring has nearly quadrupled so far this year.
No. of undergrad internships in:
2005: 14
2006: 21
2007: 40
2006 interns from the following classes:
0% Freshman
0% Sophomores
0% Juniors
100% Seniors
0% Graduates
2006 interns from the following majors:
29% Business
0% Computer Science
0% Economics
48% Engineering
22% Liberal Arts
0% Math
0% Science
0% Undeclared
33*% 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: 10 weeks
Maximum: 12 weeks
Average hourly wage: $18.44
Are interns paid on lump sum basis? No
Average total intern compensation: $9,174
67% of eligible 2006 interns received full-time job offers
64% of interns with offers accepted
NOTE: "Other" category for college majors includes Finance, Supply Chain, Purchasing, Transportation & Food Science majors.
24 undergrad campuses where employer recruited 2006-07
23 undergrad campuses where employer made job offers
Applicants for entry-level jobs
2005: NA
2006: NA
2007: NA
Entry-level hires
2005: 28
2006: 28
2007: 100
Entry-level hires who were undergrad interns
2005: 18%
2006: 21%
2007: 23%
Most important characteristics for new hires:
2-Analytical Skills
3-Communication Skills
1-Leadership Skills
2006 new hires majored in:
29% Business
0% Computer Science
0% Economics
31% Engineering
22% Liberal Arts
0% Math
0% Science
0% Undeclared
18*% Other
...and are:
NA% African American
NA% Hispanic American
NA% Asian American
NA% Other
4% Total minorities
45% Female
NOTE: Other category for college majors includes Finance, Supply Chain, Purchasing, Transportation & Food Science majors.
Entry-level hires since Jan. 1
Average base salary: $40,000 to $44,999
25% earn less than $35,000
25% earn $35,000 to $39,999
18% earn $40,000 to $44,999
5% earn $45,000 to $49,999
13% earn $50,000 to $54,999
3% earn $55,000 to $59,999
4% earn $60,000 to $64,999
3% earn $65,000 to $69,999
4% earn $70,000 and above
Bonuses, Overtime & Perks
8% received signing bonuses
Average signing bonus: $5,500
83% received performance bonus first year on job
Average performance bonus, 2006: $3,200
15% of 2006 entry-level hires eligible for OT
85% 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? No
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: 12
After 1 year: 15
After 3 years: 15
After 5 years: 20
After 10 years: 23
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
36 months to full vesting in 401(k)
Max. company match as a percentage of salary: 4%
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? Yes
Months to full vesting in co-funded pension: 60
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
40 days during first year
40 days after 1 year
40 days after 3 years
40 days after 5 years
Maximum Paternity Leave
5 days during first year
5 days after 1 year
5 days after 3 years
5 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
Gym memberships*
Cell phone/service
Insurance
NOTE: Other employee discount agreements include Dell computers, various retailers
50 hours worked weekly by entry-level hires on average
Does average vary by business unit, department? Yes
Entry-level hire work locations...
35% in open work stations
50% in cubicles
0% in shared offices
5% in private offices
10% have no company-supplied work space
Does organization monitor e-mail?: Yes
Does organization monitor Web usage? Yes
Typical dress code
Business Casual
Does organization sponsor employee volunteer opportunities? Yes
Does organization offer employee daycare? Not offered
Does organization have fitness facilities on site? Facilities not available
Training Programs
Does your organization have a formal orientation program? Yes
If yes, how many days is it? 1
Orientation includes:
Guest Speakers
Diversity Exercises
Team Building Activities
Tour of Facilities
Company history, structure, brand portfolio, benefits, volunteer programs, corporate initiatives, parent company guiding principles,etc.
$2,500 average spent on training, per new hire, in 2006
Is there a formal leadership program for entry-level hires of a year or less? 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? No
If yes, amount of typical raise: NA
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? No
NA% of entry-level hires participate
6 days of additional training expected
Getting Ahead
Three-year retention rate: 55%
Five-year retention rate: 39%
How are raises determined?
Performance
Available allocation pool for annual merit increases
When are entry-level hires eligible for first raise? During the annual review cycle in February if hired before November of the previous year
How are promotions determined?
Performance
When are entry-level hires eligible for first promotion? When an opportunity exists
Evaluations
Frequency of evaluations
Twice a year
Important qualities
3-Creativity
2-Productivity/Efficiency
1-Team Player
Other-Performance results
Min. tenure in years required for job change: 1
Describe any rules that apply: Employee must be in good performance standing in order to apply for any open position(s);his or her manager must also approve the internal job application before a formal interview can take place.
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: 91
No. of employees with VP or similar title with 20 years plus seniority: 54
Age of youngest employee with VP or similar title: 37
Seniority of youngest employee with VP or similar title in years: 13