2009 Best Places to Launch A Career

25. Nestlé USA

Consumer Products


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Managing Your Career

Nestlé USA

So far this year, 43% of Nestlé's entry-level hires were former interns, down from 60% in 2008.

Getting Started

Applicants & New Hires

Recruited on 24 undergrad campuses in 2008-09.
Made job offers on 23 undergrad campuses.

Applicants for entry-level jobs

    2009: 3,040 (to date)

    2008: 5,027

    2007: 2,627

Entry-level hiring

Is your entry-level hiring complete for 2009? No

New hires in:

2009: 62 (to date)

2008: 86

2007: 100

Entry-level hires who were undergrad interns

2009: 43% (to date)

2008: 60%

2007: 55%

Most important characteristics for new hires:

1 Leadership Skills

2 Teamwork

3 Problem-Solving Skills

2008 entry-level hires came from the following majors:

34% Business and Economics

0% Computer Science

41% Engineering

20% Liberal Arts

0% Math

5% Science

0% Pre-Law/Criminal Justice

0% Hospitality/Hotel & Restaurant Management

0% Design

0% Undeclared

0% Other

...and are:

55% Female

21% Minorities

9% African American

5% Hispanic American

5% Asian American

2% Other

Salary & Benefits

Salary & Benefits

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

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

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

32% earn $40,000 to $44,999

0% earn $45,000 to $49,999

21% earn $50,000 to $54,999

39% earn $55,000 to $59,999

5% earn $60,000 to $64,999

2% earn $65,000 to $69,999

0% earn $70,000 to $74,999

1% earn $75,000 and above

Bonuses, Overtime & Perks

89% received signing bonuses

Average signing bonus: $4,700

90% received performance bonuses in their first year

Average performance bonus, 2008: $3,400

Overtime Eligibility:

0% of 2008 entry-level hires eligible for overtime

100% 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: $2,500

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: Yes

Maximum PTO days after one year: 12

Maximum PTO days after five years: 20

Maximum PTO days after 10 years: 23

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? Yes

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: 4.0%

Min. percentage of salary employee must set aside to receive max. employer match: 5.0%

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

Are entry-level hires eligible for profit-sharing program? No

Other Benefits

Is flex time an option for entry-level hires? No

Does company match employee charitable gifts? Yes

Does company pay relocation expenses? Yes

Relocation expense limits?

Other benefits include:

Employee Discounts

Transportation Benefits

Employees may apply for educational reimbursement above $2,500 for up to 50% of the program's tuition.

Moving On Up

Work Environment

Average entry-level work week: 50 hours

Does average vary by business unit, department? Yes

39% work in open work stations

20% work in cubicles

0% work in shared offices

0% work in private offices

41% have no employer-supplied work space

Dress code includes:

Business Casual

Casual Fridays

Does the organization sponsor employee volunteer opportunities? Yes

Does organization have fitness facilities on site? Some locations

Training Programs

Formal orientation program: Yes

Program length: 1 days

Orientation includes the following:

Guest Speakers

Tour of Facilities

Benefits Overview

Company Overview

Ethics, mission, culture, and values

Policies And Procedures

Average spent on training, per new hire, in 2008: $4,000

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

Getting Ahead

Three-year retention rate: 79%

Five-year retention rate: 50%

How are raises determined?

Individual Performance

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

How are promotions determined?

Individual Performance

Availability Of Openings

Business Needs

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

Evaluations

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

Most important performance measures for entry-level hires:

1 Team Player

2 Productivity/Efficiency

3 Learning Ability

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

Long-Term Prospects

Does position of vice president exist at this organization? Yes

If not, is there a comparable title?

Employees who hold VP or similar title: 63

Employees with VP or similar title who have 20+ years seniority: 40

Age of youngest employee with VP or similar title: 40

Seniority of youngest employee with VP or similar title: 11 years

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