Company Insight: ALL
2775 Sanders Road
Northbrook, Illinois 60062
Internship hiring for 2008 is not complete
Undergrad internships (paid and unpaid)
2008: 151 (to date)
100% of internships are paid, 0% are unpaid.
2007 interns came from the following classes...
...and from the following majors:
24% Computer Science
4% Liberal Arts
5% Sales, English
There is an official summer internship program
Average summer program: 12 weeks
Minimum: NA weeks
Maximum: NA weeks
Average hourly wage: $21.60
Average total intern compensation: $9,888*
61% of eligible 2007 interns received full-time job offers
39% of interns with offers accepted
Notes: Eligible interns may also receive subsidized transportation to the Allstate Home Office in Northbrook, IL to begin the internship and to return home
Recruited on 25 undergrad campuses in 2007-08.
Made job offers on NA undergrad campuses.
Applicants for entry-level jobs
2008: NA (to date)
Entry-level hiring is not complete for 2008.
New hires in:
2008: 148 (to date)
Entry-level hires who were undergrad interns
2008: NA% (to date)
Most important characteristics for new hires:
3 Communication Skills
1 College Major
2 College GPA
2007 entry-level hires came from the following majors:
30% Computer Science
5% Liberal Arts
NA% African American
NA% Hispanic American
NA% Asian American
47% Total minorities
Entry-level hires since Jan. 1, 2008 (to date)
Average base salary:
$35,000 to $39,999
12% earn less than $35,000
30% earn $35,000 to $39,999
9% earn $40,000 to $44,999
20% earn $45,000 to $49,999
25% earn $50,000 to $54,999
3% earn $55,000 to $59,999
1% 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
NA% received signing bonuses
Average signing bonus: NA
NA% received performance bonuses in their first year on job
Average performance bonus, 2007: NA
8% of 2007 entry-level hires eligible for overtime
92% 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: $5,250
Full grad school sponsorship for jr. level employees? No
Partial grad school sponsorship for jr. level employees? No
The organization has a Paid Time Off (PTO) Bank
Maximum PTO days during first year: 14
Maximum PTO days after one year: 14
Maximum PTO days after three years: 14
Maximum PTO days after five years: 25
Maximum PTO days after 10 years:25
Flextime is an option for entry-level employees
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 are given access to a 401(K) savings plan
Max. company match as a percentage of salary: 5%
Min. employee set-aside as a percentage of salary to receive max. co. match: 5%
Are entry-level hires eligible for company funded pension? No
Are entry-level hires eligible for profit-sharing program? Yes
Does company match employee charitable gifts? Yes
Does company pay relocation expenses? Yes
Max. annual relocation expenses? NA
Employee Discounts on the following:
Cell phone service
Average entry-level work week: 40 hours
Does average vary by business unit, department? Yes
Entry-level hire work locations...
0% in open work stations
100% in cubicles
0% in shared offices
0% in private offices
0% have no company-supplied work space
Typical dress code
Organization sponsors employee volunteer opportunities
Does organization have fitness facilities on site? Some locations*
Notes: In addition to Allstate's onsite fitness facility, organization has a corporate-wide wellness program.
The organization has a formal orientation program for new hires
Program length: 1 days
Orientation includes the following:
Team building activities
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: Allstate's Talent Acceleration Program*
How do new employees enter the program? Apply
If not hired directly into the program, when are most new hires first considered eligible?
Other (explain below)
Is program rotational? Yes
If so, how many locations or business units does the employee spend time at? 3
Minimum rotations: 2
Maximum rotations: 3
Length of program, in weeks: NA
Minimum: 52 weeks
Maximum: 104 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: The Talent Acceleration Program (TAP) accelerates the development of a small group of employees with the potential for future leadership roles by deepening their internal experience and growing their internal network through developmental events and temporary assignments.
Additional training for entry-level hires varies by department.
Three-year retention rate: 53%
Five-year retention rate: 39%
How are raises determined?
When are most entry-level hires eligible for their first raise?
How are promotions determined?
When are entry-level hires eligible for first promotion?
Other (explain below) Based on responsibility level, organizational needs, and candidate's knowledge and skills.
Frequency of evaluations
Most important characteristics for entry-level hires:
1 Leadership Ability
2 Organizational Skills
Min. tenure in years required for job change: 1
Transfer rules: Performance rating of "Fair"
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: 73
No. of employees with VP or similar title with 20 years plus seniority: 50
Age of youngest employee with VP or similar title: 38
Seniority of youngest employee with VP or similar title in years: 4