This year, Accenture was ranked 8 out of 95 companies in Business Week's "2007 Best Place to Launch a Career"
Below is my summary of their information. For full information, please go to link.
Undergrad Internships
No. of undergrad internships in 22006: 125; 2007: 183
2006 interns from the following classes:
0% Freshman
0% Sophomores
22% Juniors
78% Seniors
0% Graduates
2006 interns from the following majors:
17% Business
6% Computer Science
18% Economics
42% Engineering
9% Liberal Arts
2% Math
2% Science
0% Undeclared
15% Other*
100% of internships paid
Is there an official summer internship program?: Yes
Average length of summer program: 10 weeks
Average total intern compensation: $9,400
91% of eligible 2006 interns received full-time job offers
71% of interns with offers accepted
Rising senior interns attend a 3 day leadership conference which includes team building exercises, networking opportunities, panel discussions, and presentations.
*Other college majors include primarily: Management Information Systems, Information Systems, Supply Chain.
Applicants & New Hires
Applicants for entry-level jobs in 2006: 10,400*; 2007: 5,170*
Entry-level hires in 2006: 1,040; 2007: 517
Entry-level hires who were undergrad interns in 2006: 6%; 2007: 1%
Most important characteristics for new hires:
1-College Major
2-College GPA
3-Analytical Skills**
2006 new hires majored in:
17% Business
6% Computer Science
18% Economics
31% Engineering
9% Liberal Arts
2% Math
2% Science
0% Undeclared
15% Other***
*Entry-level applicant data represents only those candidates for whom we conducted a screening interview.
**Accenture also looks for strong communication skills, extra-curricular activities, leadership and whether or not the candidate worked part time during school (exhibiting skills to balance work and school).
***Other category for college majors comprised of primarily Management Information Systems, Computer Information Systems, Information Systems, Supply Chain, Operations Research.
Salary & Benefits
Entry-level hires since Jan. 1
Average base salary: $55,000 to $59,999
0% earn less than $35,000
0% earn $35,000 to $39,999
4% earn $40,000 to $44,999
7% earn $45,000 to $49,999
29% earn $50,000 to $54,999
37% earn $55,000 to $59,999
12% earn $60,000 to $64,999
10% earn $65,000 to $69,999
1% earn $70,000 and above
55% received signing bonuses with average signing bonus: $3,767
85% received performance bonus first year on job with average performance bonus: $1,500
Reimburse employees for education expenses?: No
Time Off
Is there a Paid Time Off (PTO) Bank?: Yes, 25 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
24 months to full vesting in 401(k)
Max. company match as a percentage of salary: 3%
Min. employee set-aside as a percentage of salary to receive max. co. match: 6%
Are entry-level hires eligible for profit-sharing program?: Yes
Months to full vesting in profit-sharing program: 24
Other Benefits
Does company match employee charitable gifts? Yes*
Max. annual company match for employee charitable gifts: $5,000
*In 2006, Accenture and its employees donated more than $5 million to 486 US colleges and universities through the Accenture Foundation matching gift program. All Accenture employees are eligible to participate.
Work Environment
44 hours worked weekly by entry-level hires on average
Does average vary by business unit, department?: (Business Week said NO, I say YES)
Entry-level hire work locations...
70*% in open work stations
0% in cubicles
25% in shared offices
5% in private offices
0% have no company-supplied work space
Does organization monitor e-mail?: Yes**
Does organization monitor Web usage? Yes***
Typical dress code: Business Casual; Casual; Formal/Business
Does organization sponsor employee volunteer opportunities? Yes
*A high percentage of a new employees' time will be spent at client sites.
**Company has ability to monitor email, but does not routinely do so.
***Company has ability to block specific web sites – only used to monitor inappropriate sites.
Training Programs
Does your organization have a formal orientation program? Yes
If yes, how many days is it? 25*
Orientation includes**:
Computer Training
Guest Speakers
Diversity Exercises
Team Building Activities
Tour of Facilities
$6,600 average spent on training, per new hire, in 2006
* Of the 25 days of orientation, 3 weeks are in the local office and 2 weeks are at our training facility in St. Charles, Illinois.
**Organization Overview, Corporate Citizenship, Telecom / Security, Benefits, Time Reporting, Facilities and Services, HR Policies, Technology Orientation, Corporate Required Training,and Core Values.
Does company have formal mentorship program? Yes
All employees are assigned a career counselor.
Employees are encouraged to complete 0-10 days of of additional training to specialize in a particular function or technology applicable to the role they are or will be staffed in.
Raises and Performance
How are raises determined?: Performance
When are entry-level hires eligible for first raise?: Between Sept. 1 and Dec. 1 - provided person is employed for more than four months
How are promotions determined?
Performance
Business needs.
When are entry-level hires eligible for first promotion?: September 1 following one year anniversary - most after 18 months
Frequency of evaluations: Performance assessed for every project - rating follows annual review
Important qualities
1-Profitability/Margin
2-Analytical Skills
3-Learning Ability
Min. tenure in years required for job change: 1
