119. Wynn Las Vegas

Undergrad Internships

Internships are filled for 2008

Undergrad internships (paid and unpaid)

2008: 10 (to date)

2007: 20

2006: NA

100% of internships are paid, 0% are unpaid.

2007 interns came from the following classes...

0% Freshman

10% Sophomores

50% Juniors

40% Seniors

...and from the following majors:

40% Business

0% Computer Science

10% Economics

0% Engineering

10% Liberal Arts

10% Math

0% Science

10% Undeclared

20%

There is an official summer internship program

Average summer program: 8 weeks

Minimum: 8 weeks

Maximum: 10 weeks

Average hourly wage: $10.00

Average total intern compensation: $3,500

20% of eligible 2007 interns received full-time job offers

20% of interns with offers accepted

Applicants & New Hires

Recruited on 9 undergrad campuses in 2007-08.
Made job offers on 9 undergrad campuses.

Applicants for entry-level jobs

2008: NA (to date)

2007: NA

2006: NA

Entry-level hiring

Entry-level hiring is not complete for 2008.

New hires in:

2008: NA (to date)

2007: NA

2006: NA

Entry-level hires who were undergrad interns

2008: 2% (to date)

2007: 2%

2006: 0%

Most important characteristics for new hires:

3 Analytical Skills

2 Communication Skills

1 Leadership Skills

2007 entry-level hires came from the following majors:

30% Business

10% Computer Science

10% Economics

0% Engineering

30% Liberal Arts

10% Math

0% Science

0% Undeclared

% Other

...and are:

20% African American

20% Hispanic American

20% Asian American

0% Other

60% Total minorities

50% Female

Salary & Benefits

Entry-level hires since Jan. 1, 2008 (to date)

Average base salary:
Less than $35,000

100% earn less than $35,000

0% 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 to $74,999

0% earn $75,000 and above

Bonuses, Overtime & Perks

0% received signing bonuses

Average signing bonus: NA

0% received performance bonuses in their first year on job

Average performance bonus, 2007: NA

0% of 2007 entry-level hires eligible for overtime

100% of 2007 entry-level hires not eligible for overtime

Reimburse employees for education expenses? No

Do employees become eligible immediately? NA

Maximum annual education reimbursement: NA

Full grad school sponsorship for jr. level employees? No

Partial grad school sponsorship for jr. level employees? Yes

Time Off

The organization has a Paid Time Off (PTO) Bank

Maximum PTO days during first year: 0

Maximum PTO days after one year: 5

Maximum PTO days after three years: 10

Maximum PTO days after five years: 10

Maximum PTO days after 10 years:15

Vacation days during first year: vacunder1

Flextime is not an option for entry-level employees

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)? Entry-level hires do not have access to a 401(K) savings plan*

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

Min. employee set-aside as a percentage of salary to receive max. co. match: NA%

Are entry-level hires eligible for company funded pension? No

Are entry-level hires eligible for profit-sharing program? No

Other Benefits

Does company match employee charitable gifts? No

Does company pay relocation expenses? No

Max. annual relocation expenses? NA

Employee Discounts on the following:

Car rentals

Gym memberships

Cell phone service

Insurance

Cultural events

Other discounts

Notes: Employees receive 401(k) benefits after one year on the job.

Work Environment

Average entry-level work week: 50 hours

Does average vary by business unit, department? Yes

Entry-level hire work locations...

60% in open work stations

30% in cubicles

10% in shared offices

0% in private offices

0% have no company-supplied work space

Typical dress code

Business

No

Does organization have fitness facilities on site? Facilities not available

Notes:

Training Programs

The organization has a formal orientation program for new hires

Program length: 2 days

Orientation includes the following:

Computer training

Guest speakers

Diversity exercises

Team building activities

Facilities tour

Benefits overview

NA average spent on training, per new hire, in 2007

How do new employees enter the program?

If not hired directly into program, when are most new hires first considered eligible?

After completion of program, what percentage of employees receive a raise? NA

How much is the typical raise: NA

There is not a formal leadership program for entry-level hires that lasts a year or more.

How do new employees enter the program?

If not hired directly into the program, when are most new hires first considered eligible?

Is program rotational?

If so, how many locations or business units does the employee spend time at?

Minimum rotations:

Maximum rotations:

Length of program, in weeks:

Minimum: weeks

Maximum: weeks

After completion, what percentage of employees receive a raise?:

How much is the typical raise:

Does company have formal mentorship program? No

NA% of entry-level hires participate

5 days of additional training expected

Getting Ahead

Three-year retention rate: 20%

Five-year retention rate: NA*%

How are raises determined?

Performance

When are most entry-level hires eligible for their first raise?

When promoted

How are promotions determined?

Both performance and seniority

When are entry-level hires eligible for first promotion?

6 months to 1 year

Evaluations

Frequency of evaluations

Quarterly

Most important characteristics for entry-level hires:

3 Customer Satisfaction

1 Learning Ability

2 Productivity/Efficiency

Min. tenure in years required for job change: 0.5

Long-Term Prospects

Does position of vice president exist at this organization? Yes

If not, is there a comparable title?

No. of employees who hold VP or similar title: 30

No. of employees with VP or similar title with 20 years plus seniority: 0*

Age of youngest employee with VP or similar title: NA

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

Notes: Wynn Las Vegas has not been open long enough to answer these questions.