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A new summer internship program teaches students about marketing, public speaking, and interviewing and résumé skills.
No. of undergrad internships in:
2005: 32
2006: 23
2007: 40
2006 interns from the following classes:
NA% Freshman
NA% Sophomores
NA% Juniors
NA% Seniors
NA% Graduates
2006 interns from the following majors:
50% Business
20% Computer Science
3% Economics
NA% Engineering
15% Liberal Arts
3% Math
3% Science
1% Undeclared
NA% Other
100% of internships paid
0% of internships unpaid
Is there an offical summer internship program? Yes
Average length of summer program: 8 weeks
Minimum: NA weeks
Maximum: NA weeks
Average hourly wage: $12.50*
Are interns paid on lump sum basis? No
Average total intern compensation: $NA
NA% of eligible 2006 interns received full-time job offers
NA% of interns with offers accepted
NOTE: The official summer internship program, Camp CareerBuilder, is new this summer (2007). Average salary is for 2007.
30 undergrad campuses where employer recruited 2006-07
25 undergrad campuses where employer made job offers
Applicants for entry-level jobs
2005: NA
2006: 14,716
2007: 7,865
Entry-level hires
2005: 847
2006: 1,050
2007: 598
Entry-level hires who were undergrad interns
2005: 1%
2006: 1%
2007: 1%
Most important characteristics for new hires:
1-Analytical Skills
3-References
2-Communication Skills
2006 new hires majored in:
50% Business
20% Computer Science
3% Economics
5% Engineering
15% Liberal Arts
3% Math
3% Science
1% Undeclared
0% Other
...and are:
13% African American
6% Hispanic American
7% Asian American
2% Other
28% Total minorities
40% Female
Entry-level hires since Jan. 1
Average base salary: Less than $35,000
97% earn less than $35,000
3% earn $35,000 to $39,999
0% earn $40,000 to $44,999
0% earn $45,000 to $49,999
0% 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
0% received signing bonuses
Average signing bonus: $NA
100% received performance bonus first year on job
Average performance bonus, 2006: $7,500
100% of 2006 entry-level hires eligible for OT
0% 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: $10,000
Full grad school sponsorship for jr. level employees? Yes
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: 18
After 1 year: 18
After 3 years: 22
After 5 years: 25
After 10 years: 25
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
24 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: 6%
If 401(k) match not calculated as percentage of salary, explain:
Google will match dollar for dollar up to $7,500 per year.
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: 24
Maternity/Paternity Leave
Maximum Maternity Leave
30 days during first year
30 days after 1 year
30 days after 3 years
30 days after 5 years
Maximum Paternity Leave
10 days during first year
10 days after 1 year
10 days after 3 years
10 days after 5 years
Other Benefits
Does company match employee charitable gifts? Yes
Max. annual company match for employee charitable gifts: $500
Does company pay relocation expenses? Yes
Max. annual relocation expenses? $NA*
Employee Discounts
Car rentals
Gym memberships
Cell phone/service
Insurance
NOTE: No maximum relocation reimbursement.
40 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
100% in cubicles
0% in shared offices
0% in private offices
0% 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? 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? 10
Orientation includes:
Computer Training
Guest Speakers
Diversity Exercises
Team Building Activities
Tour of Facilities
Lunch with the leaders, on-the-job training, mentor shadowing, review games, introduction to all units within the company, and more
$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
High Performance Management
Do candidates apply directly? No
If not, how is eligibility determined? Job title/responsibilities
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: 2
Minimum: NA weeks
Maximum: NA weeks
After program, employees offered permanent positions: 100%
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 Development Series
Do candidates apply directly? No
If not, how is eligibility determined?
Nominated by Manager
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: 156
Minimum: weeks
Maximum: weeks
After program, employees offered permanent positions: 100%
After program, do employees offered permanent position receive raise? No
If yes, amount of typical raise: NA
Does company have formal mentorship program? Yes
50% of entry-level hires participate
15 days of additional training expected
Getting Ahead
Three-year retention rate: 29%
Five-year retention rate: 42%
How are raises determined?
Performance
Seniority
When are entry-level hires eligible for first raise? No required tenure for raises.
How are promotions determined?
Performance
When are entry-level hires eligible for first promotion? No required tenure for promotions
Evaluations
Frequency of evaluations
Monthly*
Important qualities
3-Customer Satisfaction
1-Learning Ability
2-Productivity/Efficiency
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: 27
No. of employees with VP or similar title with 20 years plus seniority: 0*
Age of youngest employee with VP or similar title: 30
Seniority of youngest employee with VP or similar title in years: 6
NOTE: New hires also have a formal evaluation after two week training session.
Careerbuilder was founded less than 20 years ago so there are no VPs with company for twenty years or longer