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2008 Best Places to Launch A Career

13. Microsoft

Technology


More Info

Company Insight: MSFT

HQ Address:
One Microsoft Way
Redmond, Washington 98052

Organization's Web site

Careers site

Career Office E-mail

Managing Your Career

Microsoft

Company picks up the full tab for health plan, which includes dental and vision.

Getting Started

Undergrad Internships

Internship hiring for 2008 is not complete

Undergrad internships (paid and unpaid)

2008: 665 (to date)

2007: 653

2006: 1,145

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

2007 interns came from the following classes...

3% Freshman

19% Sophomores

78% Juniors

0% Seniors

...and from the following majors:

2% Business

55% Computer Science

3% Economics

35% Engineering

1% Liberal Arts

2% Math

2% Science

0% Undeclared

0%

There is an official summer internship program

Average summer program: 12 weeks

Minimum: 12 weeks

Maximum: 24 weeks

Average hourly wage: NA

Average total intern compensation: $30,100*

83% of eligible 2007 interns received full-time job offers

82% of interns with offers accepted

Notes: Total internship compensation figure is total cost of payroll and benefits, including relocation expenses.

Applicants & New Hires

Recruited on 329 undergrad campuses in 2007-08.
Made job offers on 265 undergrad campuses.

Applicants for entry-level jobs

    2008: 130,000+ (to date)

    2007: 130,000+

    2006: 130,000+

Entry-level hiring

Entry-level hiring is not complete for 2008.

New hires in:

2008: 2,525 (to date)

2007: 984

2006: 4,313

Entry-level hires who were undergrad interns

2008: 34% (to date)

2007: 36%

2006: 22%

Most important characteristics for new hires:

1 Technical Aptitude/Problem Solving, Communication, Customer Focus, Technical Interest

2007 entry-level hires came from the following majors:

2% Business

59% Computer Science

1% Economics

34% Engineering

1% Liberal Arts

1% Math

2% Science

0% Undeclared

% Other

...and are:

2% African American

5% Hispanic American

32% Asian American

1% Other

40*% Total minorities

22% Female

Notes: Candidates are not required to provide gender or race. The above data is based on a % of total hires, including those who declined to provide that information.

Salary & Benefits

Salary & Benefits

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

Average base salary:
$75,000 and above

0% 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

1% earn $55,000 to $59,999

3% earn $60,000 to $64,999

3% earn $65,000 to $69,999

5% earn $70,000 to $74,999

88% earn $75,000 and above

Bonuses, Overtime & Perks

24% received signing bonuses

Average signing bonus: $7,689

95% received performance bonuses in their first year on job

Average performance bonus, 2007: $6,338

1% of 2007 entry-level hires eligible for overtime

99% of 2007 entry-level hires not eligible for overtime

Reimburse employees for education expenses? Yes

Do employees become eligible immediately? Yes

Maximum annual education reimbursement: $7,500

Full grad school sponsorship for jr. level employees? No

Partial grad school sponsorship for jr. level employees? Yes

Time Off

Total paid vacation days

Vacation days during first year: 15

Vacation days after one year: 15

Vacation days after three years: 15

Vacation days after five years: 15

Vacation days after 10 years: 20

Total paid holidays: 8

Paid time off for religious observances and/or floating holidays:

Floating holidays/religious observance days off per year: 2

Paid sick/personal days allowed in first year: 10

Flextime is an option for entry-level employees

Health Benefits

Do entry-level hires have access to health plan? Yes

Employees pay part of the cost? No

Does health plan provide dental coverage? Yes

Extra charge for dental coverage? No

Does health plan provide vision coverage? Yes

Extra charge for vision coverage? No

Are same sex partners permitted as dependents? Yes

Pension and Profit-sharing

Do entry-level hires have access to 401(k)? Entry-level hires are given access to a 401(K) savings plan

Max. company match as a percentage of salary: 3%

Min. employee set-aside as a percentage of salary to receive max. co. match: 6%

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? Yes

Does company pay relocation expenses? Yes

Max. annual relocation expenses? NA

Varies

Employee Discounts on the following:

Car rentals

Gym memberships

Cell phone service

Insurance

Cultural events

Publications

Moving On Up

Work Environment

Average entry-level work week: NA hours

Does average vary by business unit, department? NA

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

Typical dress code

Business Casual

Casual Friday

Casual

Business

Organization sponsors employee volunteer opportunities

Does organization have fitness facilities on site? Facilities not available

Training Programs

The organization has a formal orientation program for new hires

Program length: 3 days

Orientation includes the following:

Guest speakers

Diversity exercises

Team building activities

Benefits overview

Business overviews

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?

How much is the typical raise:

There is a formal leadership program for entry-level hires that lasts a year or more.

Program Name: Microsoft Academy of College Hires (MACH)

How do new employees enter the program? Hired into the program

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

Is program rotational? No

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

Minimum rotations: NA

Maximum rotations: NA

Length of program, in weeks: 104

Minimum: NA weeks

Maximum: NA weeks

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

How much is the typical raise: NA

Does company have formal mentorship program? Yes

NA*% of entry-level hires participate

NA days of additional training expected

Notes: For new hires (at all levels), 56% work with a Peer Mentor during their first few months at the company.

Getting Ahead

Three-year retention rate: 81%

Five-year retention rate: 69%

How are raises determined?

Performance

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

Raises can be awarded at any time during the year.

How are promotions determined?

Performance

When are entry-level hires eligible for first promotion?

Other (explain below) Promotions can be granted at any time during the year.

Evaluations

Frequency of evaluations

Annually

Most important characteristics for entry-level hires:

1 This depends on the role.

Min. tenure in years required for job change: 1

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: NA

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

Age of youngest employee with VP or similar title: NA

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

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