Undergrad Internships

Internships are filled for 2008

Undergrad internships (paid and unpaid)

2008: 283 (to date)

2007: 238

2006: 209

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

2007 interns came from the following classes...

0% Freshman

4% Sophomores

96% Juniors

0% Seniors

...and from the following majors:

38% Business

1% Computer Science

38% Economics

4% Engineering

12% Liberal Arts

2% Math

1% Science

0% Undeclared

4% Management, accounting

There is an official summer internship program

Average summer program: 10 weeks

Minimum: NA weeks

Maximum: NA weeks

Average hourly wage: $28.85

Average total intern compensation: $14,038*

75% of eligible 2007 interns received full-time job offers

85% of interns with offers accepted

Notes: Average hourly intern wage is based on 40 hour work week, excluding overtime pay. Average total compensation is an estimate and does not include overtime, which varies.

Applicants & New Hires

Recruited on 58 undergrad campuses in 2007-08.
Made job offers on 58 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: 326 (to date)

2007: 235

2006: 228

Entry-level hires who were undergrad interns

2008: 60% (to date)

2007: 54%

2006: 42%

Most important characteristics for new hires:

1 Analytical Skills

2 Communication Skills

3 Leadership Skills

2007 entry-level hires came from the following majors:

43*% Business

4% Computer Science

30% Economics

3% Engineering

8% Liberal Arts

2% Math

2% Science

0% Undeclared

% Other

...and are:

NA% African American

NA% Hispanic American

NA% Asian American

NA% Other

NA% Total minorities

NA% Female

Notes: Credit Suisse recruits candidates from all majors and backgrounds.

Salary & Benefits

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

Average base salary:
$60,000 to $64,999

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

0% earn $55,000 to $59,999

100% 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

60*% received signing bonuses

Average signing bonus: $2,500

100% received performance bonuses in their first year on job

Average performance bonus, 2007: NA

100*% of 2007 entry-level hires eligible for overtime

0% 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: NA

Full grad school sponsorship for jr. level employees? Yes

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: NA

Vacation days after three years: NA

Vacation days after five years: NA

Vacation days after 10 years: NA

Total paid holidays: 11

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

Floating holidays/religious observance days off per year: 3

Paid sick/personal days allowed in first year: unlimited

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? 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: NA%

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

401(k) Details: Match equals 100% of employee contribution up to $3,000 per year

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? No

Does company pay relocation expenses? Yes

Max. annual relocation expenses? $10,000

Employee Discounts on the following:

Car rentals

Gym memberships

Cell phone service

Insurance

Cultural events

Publications

Notes: Signing bonus is for former summer interns only.

Overtime pay is for the duration of the training program only.

The amount of vacation an employee receives in the year they are employed is based on their title and the month they are hired. The employee would then receive vacation benefits based on the number of years of service and title. Analysts receive 15 days during their first year of employment.

The potential for flex time is determined by the manager and is on a case by case basis.

Work Environment

Average entry-level work week: NA hours

Does average vary by business unit, department? Yes

Entry-level hire work locations...

50% in open work stations

50% in cubicles

0% in shared offices

0% in private offices

0% have no company-supplied work space

Typical dress code

Business Casual

Organization sponsors employee volunteer opportunities*

Does organization have fitness facilities on site? Some locations

Notes: Credit Suisse's community investments include support of artistic talent, the integration of people with disabilities, construction and equipping of schools and libraries, mentoring young people, and the needs of the sick and elderly.

Training Programs

The organization has a formal orientation program for new hires

Program length: NA* days

Orientation includes the following:

Computer training

Guest speakers

Diversity exercises

Team building activities

Facilities tour

Benefits 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*

100% of entry-level hires participate

NA days of additional training expected

Notes: The duration of new hire orientation and training vary per business unit.

Credit Suisse offers both informal and formal mentorship opportunities and all new hires are encouraged to participate.

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:

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