2009 Best Places to Launch A Career

63. Booz Allen Hamilton

Consulting


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Managing Your Career

Booz Allen Hamilton

Entry-levels aren't eligible for a raise or promotion in year one, but 38% of top execs have been with the firm for 20+ years.

Getting Started

Applicants & New Hires

Recruited on 15 undergrad campuses in 2008-09.
Made job offers on 15 undergrad campuses.

Applicants for entry-level jobs

    2009: 908 (to date)

    2008: 2,639

    2007: 3,167

Entry-level hiring

Is your entry-level hiring complete for 2009? No

New hires in:

2009: 328 (to date)

2008: 1,062

2007: 945

Entry-level hires who were undergrad interns

2009: 8% (to date)

2008: 5%

2007: 6%

Most important characteristics for new hires:

1 Communication Skills

2 Analytical Skills

3 College Major

2008 entry-level hires came from the following majors:

42% Business and Economics

18% Computer Science

8% Engineering

17% Liberal Arts

1% Math

3% Science

2% Pre-Law/Criminal Justice

0% Hospitality/Hotel & Restaurant Management

0% Design

0% Undeclared

9% Other

...and are:

45% Female

32% Minorities

11% African American

4% Hispanic American

16% Asian American

1% Other

Ethnicity percentages are based on only those entry-level hires with a known ethnic group. Of the 2008 hires, 34% had an unknown or undisclosed ethnicity.

Salary & Benefits

Salary & Benefits

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

Average base salary:
$55,000 to $59,999

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

Base Salary Detail:

1% earn less than $35,000

4% earn $35,000 to $39,999

8% earn $40,000 to $44,999

11% earn $45,000 to $49,999

11% earn $50,000 to $54,999

20% earn $55,000 to $59,999

13% earn $60,000 to $64,999

20% earn $65,000 to $69,999

8% earn $70,000 to $74,999

4% earn $75,000 and above

Bonuses, Overtime & Perks

5% received signing bonuses

Average signing bonus: $3,417

0% received performance bonuses in their first year

Average performance bonus, 2008: NA

Overtime Eligibility:

1% of 2008 entry-level hires eligible for overtime

99% 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: $5,000

Full grad school sponsorship for jr. level employees? No

Partial grad school sponsorship for jr. level employees? No

Time Off

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

Maximum PTO days after one year: 16

Maximum PTO days after five years: 21

Maximum PTO days after 10 years: 26

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: NA

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

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?

Other benefits include:

Employee Discounts

Transportation Benefits

Concierge Services

Other

Additional categories of absence covered under PTO include up to five days of bereavement leave; six months out of each year of military activation; two weeks of parental leave; and jury duty.

Moving On Up

Work Environment

Average entry-level work week: 45 hours

Does average vary by business unit, department? Yes

0% work in open work stations

0% work in cubicles

48% work in shared offices

0% work in private offices

52% 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? Some locations

The work location percentages are based on staff working at Booz Allen offices versus client sites.

Training Programs

Formal orientation program: Yes

Program length: 3 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

Policies And Procedures

Other

Average spent on training, per new hire, in 2008: $6,550

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): 5

Getting Ahead

Three-year retention rate: 62%

Five-year retention rate: 36%

How are raises determined?

Individual Performance

Company Performance

Other

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

How are promotions determined?

Individual Performance

Company Performance

Availability Of Openings

Business Needs

Other

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? No

Most important performance measures for entry-level hires:

1 Analytical Skills

2 Learning Ability

3 Team Player

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: 114

Employees with VP or similar title who have 20+ years seniority: 43

Age of youngest employee with VP or similar title: 38

Seniority of youngest employee with VP or similar title: 15 years

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