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2007 Best Places to Launch A Career

85. Aramark

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1101 Market Street

Philadelphia, Pennsylvania 19107

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Be prepared to work: A typical week is 55 hours. Applications and entry-level hires doubled in 2007.

Undergrad Internships

No. of undergrad internships in:

2005: 142

2006: 146

2007: 238

2006 interns from the following classes:

5% Freshman

15% Sophomores

40% Juniors

25% Seniors

15% Graduates

2006 interns from the following majors:

13% Business

1% Computer Science

1% Economics

2% Engineering

0% Liberal Arts

2% Math

2% Science

0% Undeclared

30*% Other

100% of internships paid

0% of internships unpaid

Is there an offical summer internship program? Yes

Average length of summer program: NA weeks

Minimum: 10 weeks

Maximum: 12 weeks

Average hourly wage: $10.00

Are interns paid on lump sum basis? No

Average total intern compensation: $NA

35% of eligible 2006 interns received full-time job offers

30% of interns with offers accepted

NOTE: Many of the interns in 'Other' category for college majors come to us from Hospitality or Food Management programs.

There are formalized summer internship programs in some of Aramark's businesses, most notably Aramark Higher Education and Aramark Sports and Entertainment.

Applicants & New Hires

100 undergrad campuses where employer recruited 2006-07

75 undergrad campuses where employer made job offers

Applicants for entry-level jobs

2005: 9,312

2006: 10,857

2007: 20,889

Entry-level hires

2005: 329

2006: 425

2007: 815

Entry-level hires who were undergrad interns

2005: NA%

2006: NA%

2007: NA%

Most important characteristics for new hires:

2-Communication Skills

3-Leadership Skills

1-Work Experience

2006 new hires majored in:

13% Business

1% Computer Science

1% Economics

2% Engineering

0% Liberal Arts

2% Math

2% Science

0% Undeclared

79*% Other

...and are:

15% African American

7% Hispanic American

2% Asian American

1*% Other

25% Total minorities

41% Female

NOTE: 15% of this population did not report ethnicity. We included Native American/Alaska Native as 1% as "other" ethnicity.

Bulk of hires have other degrees, such as culinary, food service management, hospitality and hotel management, and marketing.

Salary & Benefits

Entry-level hires since Jan. 1

Average base salary: $40,000 to $44,999

0% earn less than $35,000

20% earn $35,000 to $39,999

50% earn $40,000 to $44,999

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

5% earn $50,000 to $54,999

5% earn $55,000 to $59,999

5% earn $60,000 to $64,999

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

0% earn $70,000 and above

Bonuses, Overtime & Perks

4% received signing bonuses

Average signing bonus: $1,500

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?: No

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? 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: 0*

After 1 year: 12

After 3 years: 12

After 5 years: 12

After 10 years: 12

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? 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

24 months to full vesting in 401(k)

Max. company match as a percentage of salary: 6%

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

0* days during first year

0 days after 1 year

0 days after 3 years

0 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: $2,500

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: Entry-level hires captured for this population are salaried positions (not eligible for overtime).

Policy states PTO "bank" becomes available after completion of first year, but PTO often given during first year subject to manager approval. Maternity leave is covered under short-term disability.

Relocation expense varies by employee's career band.

Work Environment

55 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?: No

Does organization monitor Web usage? No

Typical dress code

Business Casual

Does organization sponsor employee volunteer opportunities? Yes

Does organization offer employee daycare? Some locations

Does organization have fitness facilities on site? Some locations

NOTE: Hard to estimate whether entry-level employees work in open work stations, cubicles, etc. because of decentralized workforce.

Business Casual in company HQ. Field personnel dress depending on dress code at the facility at which they work.

Training Programs

Does your organization have a formal orientation program? Yes

If yes, how many days is it? 10

Orientation includes:

Guest Speakers

Diversity Exercises

Team Building Activities

Tour of Facilities

Company overview, virtual tour of intranet

$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? Yes

Building Leadership Skills*

Do candidates apply directly? No

If not, how is eligibility determined? Sponsor

When are new hires first eligible? Within First Year

Is program rotational? No

If yes, number of locations or business units: NA

Minimum rotations: NA

Maximum rotations: NA

Length of program, in weeks: 1

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? Yes*

100% of entry-level hires participate

10 days of additional training expected

NOTE: Employees participating in "Building Leadership Skills" programs are already full-time employees when enrolled. Raises not dependent on participation.

Formal mentorship program data is from Higher Education business line only; Aramark doesn't have the same formal mentorship program in all businesses.

Getting Ahead

Three-year retention rate: NA*%

Five-year retention rate: NA*%

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 to three years average

Evaluations

Frequency of evaluations

Annually

Important qualities

1-Customer Satisfaction

2-Leadership Ability

3-Team Player

Min. tenure in years required for job change: 0

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: 317

No. of employees with VP or similar title with 20 years plus seniority: 70

Age of youngest employee with VP or similar title: 31

Seniority of youngest employee with VP or similar title in years: 9

NOTE: Unable to capture retention rate of entry-level employees because of the way we've defined this population through our data systems.

Vice Presidents and some Associate Vice Presidents are included in the calculations for last four questions in section.

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