Undergrad Internships

Internships are filled for 2008

Undergrad internships (paid and unpaid)

2008: 155 (to date)

2007: 199

2006: 163

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

2007 interns came from the following classes...

0% Freshman

20% Sophomores

35% Juniors

45% Seniors

...and from the following majors:

11% Business

3% Computer Science

0% Economics

6% Engineering

0% Liberal Arts

0% Math

52% Science

0% Undeclared

28% Marketing, finance, human resources

There is an official summer internship program

Average summer program: 12 weeks

Minimum: 10 weeks

Maximum: 12 weeks

Average hourly wage: $21.57*

Interns are paid on a lump sum basis.

Average total intern compensation: $9,705

30% of eligible 2007 interns received full-time job offers

45% of interns with offers accepted

Notes: Average hourly wage based on years of education completed. Amount shown is for juniors.

Applicants & New Hires

Recruited on 61 undergrad campuses in 2007-08.
Made job offers on 50 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: 103 (to date)

2007: 291

2006: 224

Entry-level hires who were undergrad interns

2008: 20% (to date)

2007: 20%

2006: 20%

Most important characteristics for new hires:

3 Leadership Skills

1 College Major

2 College GPA

2007 entry-level hires came from the following majors:

11% Business

3% Computer Science

0% Economics

6% Engineering

0% Liberal Arts

0% Math

52% Science

0% Undeclared

28 Marketing, finance and human resources% Other

...and are:

15% African American

12% Hispanic American

9% Asian American

1% Other

37% Total minorities

54% Female

Salary & Benefits

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

Average base salary:
$50,000 to $54,999

0% earn less than $35,000

9% earn $35,000 to $39,999

0% earn $40,000 to $44,999

14% earn $45,000 to $49,999

28% earn $50,000 to $54,999

49% 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

100% received signing bonuses

Average signing bonus: $6,000

100% received performance bonuses in their first year on job

Average performance bonus, 2007: $2,000

5% of 2007 entry-level hires eligible for overtime

95% 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: $10,000

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: 20

Maximum PTO days after one year: 20

Maximum PTO days after three years: 20

Maximum PTO days after five years: 25

Maximum PTO days after 10 years:30

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: 4.5%

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

Are entry-level hires eligible for company funded pension? Yes

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

Employee Discounts on the following:

Car rentals

Gym memberships

Cell phone service

Insurance

Cultural events

Publications

Work Environment

Average entry-level work week: 38 hours

Does average vary by business unit, department? Yes

Entry-level hire work locations...

18% in open work stations

80% in cubicles

0% in shared offices

0% in private offices

2% have no company-supplied work space

Typical dress code

Business Casual

Casual Friday

Casual

NA

Does organization have fitness facilities on site? Some locations*

Notes: Fitness facilities at management centers only

Training Programs

The organization has a formal orientation program for new hires

Program length: 1 days

Orientation includes the following:

Benefits overview

Company overview

$5,000 average spent on training, per new hire, in 2007

NA

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: Customer Supply Chain- Talent Exchange Program

How do new employees enter the program? Recommended/Sponsored

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

Within 3 Years

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: 72

Minimum: NA weeks

Maximum: NA weeks

After completion, what percentage of employees receive a raise?: 25% to 49%

How much is the typical raise: 5-9.9%

Does company have formal mentorship program? Yes

50% of entry-level hires participate

5 days of additional training expected

Getting Ahead

Three-year retention rate: 70%

Five-year retention rate: 63%

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:

2 Leadership Ability

1 Learning Ability

3 Teamwork

Min. tenure in years required for job change: 1.5

Transfer rules:

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