33. Amazon.com

Undergrad Internships

Internship hiring for 2008 is not complete

Undergrad internships (paid and unpaid)

2008: 188 (to date)

2007: 153

2006: 76

99% of internships are paid, 1% are unpaid.

2007 interns came from the following classes...

0% Freshman

15% Sophomores

40% Juniors

45% Seniors

...and from the following majors:

15% Business

75% Computer Science

5% Economics

0% Engineering

0% Liberal Arts

5% Math

0% Science

0% Undeclared

0%

There is an official summer internship program*

Average summer program: NA weeks

Minimum: 12 weeks

Maximum: 16 weeks

Average hourly wage: $35.00

Average total intern compensation: $16,800

73% of eligible 2007 interns received full-time job offers

70% of interns with offers accepted

Notes: Amazon provides both summer internships and year-round co-op opportunities for students studying toward their Bachelors, Masters and PhD degrees in both technical and business programs. Data provided refers to undergraduate programs only.

Applicants & New Hires

Recruited on 17 undergrad campuses in 2007-08.
Made job offers on 17 undergrad campuses.

Applicants for entry-level jobs

2008: NA (to date)

2007: NA

2006: NA

Entry-level hiring

Entry-level hiring is complete for 2008.

New hires in:

2008: 165 (to date)

2007: 113

2006: 173

Entry-level hires who were undergrad interns

2008: 33% (to date)

2007: 42%

2006: 32%

Most important characteristics for new hires:

1 Analytical Skills

2 Communication Skills

3 Dealing with Ambiguity

2007 entry-level hires came from the following majors:

10% Business

85% Computer Science

5% Economics

0% Engineering

0% Liberal Arts

0% Math

0% Science

0% Undeclared

% Other

...and are:

NA% African American

NA% Hispanic American

NA% Asian American

NA% Other

NA% Total minorities

12% Female

Salary & Benefits

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

Average base salary:
$75,000 and above*

NA% earn less than $35,000

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

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

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

20% earn $50,000 to $54,999

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

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

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

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

80% earn $75,000 and above

Bonuses, Overtime & Perks

100% received signing bonuses

Average signing bonus: $20,000

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? No

Time Off

Total paid vacation days

Vacation days during first year: 10

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: 6

No paid time off for religious observances and/or floating holidays:

Floating holidays/religious observance days off per year: 0

Paid sick/personal days allowed in first year: 6

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? Yes

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: 2%

Min. employee set-aside as a percentage of salary to receive max. co. match: 4%

401(k) Details: All matching contributions will be invested in Amazon.com common stock.

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? Yes

Max. annual relocation expenses? $7,500

Employee Discounts on the following:

Car rentals

Gym memberships

Cell phone service

Insurance

Cultural events

Publications

Amazon.com Discount

Notes: Average salary is for engineering. Business salaries the average $50,000 to $54,999.

Work Environment

Average entry-level work week: 50 hours

Does average vary by business unit, department? Yes

Entry-level hire work locations...

5% in open work stations

95% in cubicles

0% in shared offices

0% in private offices

0% have no company-supplied work space

Typical dress code

Casual

No

Does organization have fitness facilities on site? Facilities not available

Training Programs

The organization has a formal orientation program for new hires

Program length: 1 days

Orientation includes the following:

Computer training

Benefits overview

Company 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?

How much is the typical raise:

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? Yes

60% of entry-level hires participate

2-4 days of additional training expected

Getting Ahead

Three-year retention rate: NA%

Five-year retention rate: NA%

How are raises determined?

Performance

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

One-year anniversary

How are promotions determined?

Performance

When are entry-level hires eligible for first promotion?

More than 1 year

Evaluations

Frequency of evaluations

Twice a year

Most important characteristics for entry-level hires:

1 Analytical Skills

2 Intelligence

3 Productivity/Efficiency

Min. tenure in years required for job change: 1

Transfer rules: Employees without one year in current role must have the support and approval from their manager.

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: 93

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: Amazon.com has only been in existence for 12 years.