2007 Best Places to Launch A Career

91. CareerBuilder.com

Contact Info

200 N. LaSalle
Suite 1100

Chicago, Illinois 60601

Web site

More info

E-mail

Recent Discussions

Whether you're a current or former employee—or a prospective job candidate—our forum on CareerBuilder.com provides a place for you to share your experience or learn from others

CareerBuilder.com photo

A new summer internship program teaches students about marketing, public speaking, and interviewing and résumé skills.

Undergrad Internships

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.

Applicants & New Hires

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

Salary & Benefits

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.

Work Environment

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

BW Mall - Sponsored Links

Buy a link now!