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Disney lost its No. 1 rank, but there's still a lot to like, such as a willingness to invest in training and a rich benefits package.
No. of undergrad internships in:
2005: 1,775
2006: 1,800
2007: 1,900
2006 interns from the following classes:
1% Freshman
4% Sophomores
80% Juniors
10% Seniors
5% Graduates
2006 interns from the following majors:
40% Business
5% Computer Science
5% Economics
5% Engineering
20% Liberal Arts
5% Math
0% Science
0% Undeclared
20% Other
95% of internships paid
5% 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: $16.00
Are interns paid on lump sum basis? No
Average total intern compensation: $7,680
30% of eligible 2006 interns received full-time job offers
30% of interns with offers accepted
150 undergrad campuses where employer recruited 2006-07
125 undergrad campuses where employer made job offers
Applicants for entry-level jobs
2005: NA
2006: NA
2007: NA
Entry-level hires
2005: NA
2006: NA
2007: NA
Entry-level hires who were undergrad interns
2005: 20%
2006: 35%
2007: 35%
Most important characteristics for new hires:
1-Communication Skills
2-Leadership Skills
3-College Major
Other
Qualifications vary by position
2006 new hires majored in:
40% Business
5% Computer Science
5% Economics
5% Engineering
20% Liberal Arts
5% Math
0% Science
0% Undeclared
20% Other
...and are:
7*% African American
7*% Hispanic American
12*% Asian American
0*% Other
26*% Total minorities
43% Female
NOTE: Minority data is for all new U.S. hires, not just entry-level; race unknown for 10%.
Entry-level hires since Jan. 1
Average base salary: $50,000 to $54,999
0% earn less than $35,000
0% earn $35,000 to $39,999
0% earn $40,000 to $44,999
30% earn $45,000 to $49,999
60% earn $50,000 to $54,999
10% 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
0% received signing bonuses
Average signing bonus: $NA
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: $5,000
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? No
If no, total paid vacation days:
During first year: 10
After 1 year: 10
After 3 years: 10
After 5 years: 15
After 10 years: 15
Total paid holidays: 10
Time off for religious observances: No*
If yes, max PTO days:
During first year: NA
After 1 year: NA
After 3 years: NA
After 5 years: NA
After 10 years: NA
Total days off for religious observances: NA
Is flex time available? Yes
Sick, personal days, first year: 10*
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
12 months to full vesting in 401(k)
Max. company match as a percentage of salary: 2%
Min. employee set-aside as a percentage of salary to receive max. co. match: 4%
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
60 days during first year
60 days after 1 year
60 days after 3 years
60 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
Cultural events
Publications
NOTE: Employees can use one of their 2 floating holidays on a religious holiday.
Entry-level hires receive 80 hours of paid sick/personal leave in their first year.
The max annual charitable gift match varies by request.
No maximum relocation reimbursement.
NA* hours worked weekly by entry-level hires on average
Does average vary by business unit, department? Yes
Entry-level hire work locations...
NA*% in open work stations
NA% in cubicles
NA% in shared offices
NA% in private offices
NA% have no company-supplied work space
Does organization monitor e-mail?: Yes
Does organization monitor Web usage? Yes
Typical dress code
Business Casual
Casual Fridays
Does organization sponsor employee volunteer opportunities? Yes
Does organization offer employee daycare? Some locations
Does organization have fitness facilities on site? Some locations
NOTE: The average weekly hours worked by entry-level hires varies by position.
The type of employee-work space varies by position.
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
Varies by group, some groups have up to 2 weeks of orientation that include all of these options.
$3,000 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
Management Journey
Do candidates apply directly? No
If not, how is eligibility determined? Sponsor
When are new hires first eligible? Immediately
Is program rotational? No
If yes, number of locations or business units: NA
Minimum rotations: NA
Maximum rotations: NA
Length of program, in weeks: 0.5
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
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
NA* days of additional training expected
NOTE: Availability of a formal mentorship program varies by business unit.
Number of days of additional training expected varies by business unit.
Orientation programs vary by business unit from 1 to 5 days.
Getting Ahead
Three-year retention rate: NA*%
Five-year retention rate: NA*%
How are raises determined?
Performance
Company performance
When are entry-level hires eligible for first raise? One-year anniversary
How are promotions determined?
Performance
Growth of responsibilities
When are entry-level hires eligible for first promotion? Two years or more
Evaluations
Frequency of evaluations
Annually
Important qualities
3-Effort
1-Productivity/Efficiency
2-Profitability/Margin
Other
Varies by position
Min. tenure in years required for job change: 1
Describe any rules that apply: Transfers require internal job application with supervisor's acknowledgement
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: 1,794
No. of employees with VP or similar title with 20 years plus seniority: 251
Age of youngest employee with VP or similar title: 28
Seniority of youngest employee with VP or similar title in years: 5