47. Accenture

Undergrad Internships

Internships are filled for 2008

Undergrad internships (paid and unpaid)

2008: 166 (to date)

2007: 178

2006: 125

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

2007 interns came from the following classes...

0% Freshman

10% Sophomores

90*% Juniors

0% Seniors

...and from the following majors:

9% Business

3% Computer Science

16% Economics

47% Engineering

5% Liberal Arts

0% Math

2% Science

0% Undeclared

18% MIS, Supply Chain

There is an official summer internship program

Average summer program: 10 weeks

Minimum: 10 weeks

Maximum: 12 weeks

Average hourly wage: $20.33

Average total intern compensation: $9,400

90% of eligible 2007 interns received full-time job offers

67% of interns with offers accepted

Notes: Rising senior interns attend a 3-day leadership conference which includes team building exercises, networking opportunities, panel discussions and presentations.

Applicants & New Hires

Recruited on 85 undergrad campuses in 2007-08.
Made job offers on 85 undergrad campuses.

Applicants for entry-level jobs

2008: 29,452 (to date)

2007: 29,933

2006: 10,400*

Entry-level hiring

Entry-level hiring is not complete for 2008.

New hires in:

2008: 490 (to date)

2007: 1,309

2006: 1,040

Entry-level hires who were undergrad interns

2008: 4% (to date)

2007: 5%

2006: 6%

Most important characteristics for new hires:

3 Analytical Skills

1 College Major*

2 College GPA

2006 applicant figure represents the number of screening interviews conducted.

Accenture also looks for strong communication skills, demonstrated leadership abilities, extra curricular activities and part-time work experience.

2007 entry-level hires came from the following majors:

14% Business

5% Computer Science

9% Economics

35% Engineering

6% Liberal Arts

2% Math

3% Science

0% Undeclared

26 Management Information Systems, Computer & Information Science, Finance, Supply Chain Management, Logistics, Informantics, Accounting, Organizational Behavior, Decision Sciences and Materials Science% Other

...and are:

NA% African American

NA% Hispanic American

NA% Asian American

NA% Other

43% Total minorities

40% Female

Salary & Benefits

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

Average base salary:
$55,000 to $59,999

0% earn less than $35,000

0% earn $35,000 to $39,999

3% earn $40,000 to $44,999

8% earn $45,000 to $49,999

22% earn $50,000 to $54,999

25% earn $55,000 to $59,999

28% earn $60,000 to $64,999

10% earn $65,000 to $69,999

4% earn $70,000 to $74,999

0% earn $75,000 and above

Bonuses, Overtime & Perks

51% received signing bonuses

Average signing bonus: $3,901

82% received performance bonuses in their first year on job

Average performance bonus, 2007: $565

98% of 2007 entry-level hires eligible for overtime

2% 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

The organization has a Paid Time Off (PTO) Bank

Maximum PTO days during first year: 25

Maximum PTO days after one year: 25

Maximum PTO days after three years: 25

Maximum PTO days after five years: 27

Maximum PTO days after 10 years:27

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? Yes

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: 6%

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? Yes

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

Cultural events

Publications

Other discounts

Work Environment

Average entry-level work week: 44 hours

Does average vary by business unit, department? No

Entry-level hire work locations...

70% in open work stations

0% in cubicles

25% in shared offices

5% in private offices

0% have no company-supplied work space

Typical dress code

Business Casual

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: 25* days

Orientation includes the following:

Computer training

Guest speakers

Diversity exercises

Team building activities

Facilities tour

Benefits overview

Introduction to Accenture, Corporate Citizenship / City Council, Telecom & Security, Time Reporting, Facilities and Services, HR Policies, Technology Orientation, Corporate Required Training, Accenture Core Values

$6,600 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*

100% of entry-level hires participate

10* days of additional training expected

Notes: Orientation includes 3 weeks are in the local office and 2 weeks at one of Accenture's training facilities (St. Charles, Illinois, Kuala Lumpur or Milton Keynes, UK).

All employees are assigned a career counselor who conducts a midyear and annual meeting with the individual.

Employees are encouraged to complete additional training to specialize in a particular function or technology.

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?

All employees are eligible Sept. 1 or Dec. 1 provided they have 4 months employment.

How are promotions determined?

Performance

When are entry-level hires eligible for first promotion?

Other (explain below) Sept. 1 following 1 year anniversary.

Evaluations

Frequency of evaluations

More than 1 year

Most important characteristics for entry-level hires:

2 Analytical Skills

3 Learning Ability

1 Quality

Min. tenure in years required for job change: 1

Transfer rules: Exceptions are sometimes made.

Long-Term Prospects

Does position of vice president exist at this organization? No

If not, is there a comparable title? Senior Executive

No. of employees who hold VP or similar title: 2,052

No. of employees with VP or similar title with 20 years plus seniority: 538

Age of youngest employee with VP or similar title: 31

Seniority of youngest employee with VP or similar title in years: 10