11. Accenture

Applicants & New Hires

Recruited on 85 undergrad campuses in 2008-09.
Made job offers on 85 undergrad campuses.

Applicants for entry-level jobs

2009: 38,900 (to date)

2008: 36,272

2007: 29,933

Entry-level hiring

Is your entry-level hiring complete for 2009? No

New hires in:

2009: 342 (to date)

2008: 1,005

2007: 1,309

Entry-level hires who were undergrad interns

2009: 22% (to date)

2008: 6%

2007: 5%

Most important characteristics for new hires:

1 College Major

2 College GPA/Academic Achievement

3 Analytical Skills

2008 entry-level hires came from the following majors:

14% Business and Economics

1% Computer Science

32% Engineering

5% Liberal Arts

1% Math

2% Science

0% Pre-Law/Criminal Justice

0% Hospitality/Hotel & Restaurant Management

0% Design

0% Undeclared

45% Other

...and are:

41% Female

51% Minorities

NA African American

NA Hispanic American

NA Asian American

NA Other

Other college majors include Management Information Systems, Computer Information Systems, Organizational Behavior, Decision Sciences Informatics, Logistics, and Materials Science.

Salary & Benefits

Entry-level hires since Jan. 1, 2009 (to date)

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

Average base salary includes some non entry-level employees? No

Base Salary Detail:

0% earn less than $35,000

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

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

3% earn $45,000 to $49,999

9% earn $50,000 to $54,999

27% earn $55,000 to $59,999

37% earn $60,000 to $64,999

19% earn $65,000 to $69,999

5% earn $70,000 to $74,999

0% earn $75,000 and above

Bonuses, Overtime & Perks

59% received signing bonuses

Average signing bonus: $5,300

97% received performance bonuses in their first year

Average performance bonus, 2008: $770

Overtime Eligibility:

99% of 2008 entry-level hires eligible for overtime

1% of 2008 entry-level hires not eligible for overtime

Educational Benefits:

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

The organization has a Paid Time Off (PTO) Bank: Yes

Maximum PTO days after one year: 25

Maximum PTO days after five years: 27

Maximum PTO days after 10 years: 27

Maximum annual vacation days after one year:

Maximum annual vacation days after five years:

Maximum annual vacation days after 10 years:

Annual paid holidays:

Annual paid floating holidays/religious observances:

Annual paid sick/personal days:

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)? Yes

Max. employer match as a percentage of salary: 6.0%

Min. percentage of salary employee must set aside to receive max. employer match: 6.0%

Are entry-level hires eligible for employer-funded pension? No

Are entry-level hires eligible for profit-sharing program? Yes

Other Benefits

Is flex time an option for entry-level hires? Yes

Does company match employee charitable gifts? Yes

Does company pay relocation expenses? Yes

Relocation expense limits? Varies

Other benefits include:

Employee Discounts

Transportation Benefits

Financial Planning/Tax Preparation

Concierge Services

Other

Work Environment

Average entry-level work week: 44 hours

Does average vary by business unit, department? No

70% work in open work stations

0% work in cubicles

25% work in shared offices

5% work in private offices

0% have no employer-supplied work space

Dress code includes:

Business Casual

Formal/Business

Does the organization sponsor employee volunteer opportunities? Yes

Does organization have fitness facilities on site? Facilities not available

Entry-level employees work 40 hours plus 10% overtime. While Accenture doesn't offer in-house gym facilities at its offices, it does have programs which offer gym membership discounts. Accenture also reimburses employees for gyms while they're staying in hotels.

Training Programs

Formal orientation program: Yes

Program length: 25 days

Orientation includes the following:

Computer Training

Guest Speakers

Diversity Exercises

Team Building Activities

Tour of Facilities

Benefits Overview

Company Overview

Ethics, mission, culture, and values

Job-specific training

Policies And Procedures

Other

Average spent on training, per new hire, in 2008: $6,600

Formal management development program for entry-level employees that is rotational and at least one year in length:
No -

Average length of this program: NA weeks

Typical raise after completion:

Formal management development program for entry-level employees that is rotational and less than one year in length:
No -

Average length of this program: NA weeks

Typical raise after completion:

Formal mentorship programs for entry-level hires? Yes

Mentorship participation rate is 100%

Required training days (excl. formal leadership programs): 10

Accenture's Core Analyst School curriculum teaches incoming graduates about leadership skills and provides other training. Additional training of up to 10 days is encouraged.

Getting Ahead

Three-year retention rate: NA

Five-year retention rate: NA

How are raises determined?

Individual Performance

Other

Are most entry-level hires eligible for their first raise in less than a year? Yes

How are promotions determined?

Individual Performance

Business Needs

Are most entry-level hires eligible for their first promotion in less than a year? No

Evaluations

Is the frequency of evaluations more than once per year? Yes

Most important performance measures for entry-level hires:

1 Quality

2 Analytical Skills

3 Learning Ability

Min. tenure required for job change/transfer: 12 months

Long-Term Prospects

Does position of vice president exist at this organization? No

If not, is there a comparable title? Senior Executive

Employees who hold VP or similar title: 4,900

Employees with VP or similar title who have 20+ years seniority: 1,180

Age of youngest employee with VP or similar title: 32

Seniority of youngest employee with VP or similar title: 12 years

Employees are eligible for raises every Sept. 1 or Dec. 1 depending on where they work in the organization, provided they have been employed for more than 4 months.