2007 Best Places to Launch A Career

62. Nestlé USA

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800 N. Brand Blvd.

Glendale, Colorado 91203

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Nestlé may be based in Switzerland, but U.S.-based entry-level hiring has nearly quadrupled so far this year.  

Undergrad Internships

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.

Applicants & New Hires

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.

Salary & Benefits

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

Work Environment

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

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