2019 Salary Survey of College Graduates and Interns Survey Questionnaire

Transcription

1 Survey Questionnaire Due Date: March 19, 2019 Deadline Extension: April 2, 2019

2 March 21, 2019 Dear Participant: Compensation Resources, Inc. (CRI) is pleased to open participation for the. We are inviting your organization to take part in this survey and welcome your participation. This survey is targeted to the general industry, and is designed to report the starting salaries companies are offering to this year's graduates of college and post-graduate studies, along with rates for interns. Individual information will be kept under the strictest of confidence. All the data will be pooled; hence, individual responses cannot be traced back to any company in particular. Your feedback matters, so please respond candidly. Return the completed questionnaire by April 2, 2019 to: Diana D. Neelman, CCP, SHRM-CP Principal, Executive Vice President Fax: (201) Our pricing structure has recently changed. Survey results will be available to participants at a fee of 100; non-participants may purchase the survey for 225. CRI is dedicated to providing accurate results of this survey to participants; therefore, should you have any questions or need clarification regarding any aspect of the survey's completion, please feel free to call me at (877) , x105. Thank you in advance for your participation. Sincerely, Diana D. Neelman, CCP, SHRM-CP Principal, Executive Vice President 1

3 INSTRUCTIONS Report all compensation data as of January 1, 2019, unless otherwise indicated. The term "college graduate" refers in the broader context to those who were graduated with a Bachelor's or Master's degree. Part I: Provide information of respondent and responding company. Part II: Provide your company's information. Revenue figures should be reported as of the last fiscal year end date (2018). Part III College Graduate Compensation Reporting Major: Report individuals to be hired by your organization by the major that is required to successfully perform their duties and responsibilities. # Planned New Hires: Indicate the number of college graduates that you are planning to hire by the indicated major this year. Starting Annual Base Salary (as of 01/01/2019): Report annual base salary only as of January 1, 2019 based on a 40-hour workweek. Do not include any other cash compensation, such as annual incentives/bonuses. Annual Bonus/Incentive Target : Indicate the average target annual bonus/incentive opportunity for 2019 in dollars for college graduates hired within the major indicated. Indicate "N/A" if incumbents in this position are not eligible for an annual bonus/incentive. Sign-On Bonus : Report any sign-on bonus provided to newly hired college graduates in dollars. Indicate "N/A" if no sign-on bonuses are provided to college graduates hired within the major indicated. Long-Term Incentive Target : Indicate the average target long-term incentive opportunity for 2019 in dollars for college graduates hired within the major indicated. Indicate "N/A" if incumbents in this position are not eligible for a long-term incentive award. Key Position Compensation Reporting Complete the table indicating the average starting salaries and compensation arrangements for the specified positions, as of January 1, Use the job summaries in Part VI to match job titles within your organization to the survey title. Part IV: Provide information relative to the compensation practices within your company as they pertain to college graduates, as of January 1, Part V: Provide information relative to the compensation practices within your company as they pertain to interns, as of January 1, Part VI: Job summaries. 2

4 I. PARTICIPANT INFORMATION Participant Name: Company Name: Job Title: Business Unit: Full Address: Phone: ( ) ext. Fax: ( ) I do not want my company s name listed as a participant II. COMPANY INFORMATION Revenue Employee Size Primary Industry Group A. Less than 9.9 million A. Less than 50 employees A. Agriculture, Forestry, Fishing, and Mining B million million B employees B. Utilities C million million C employees C. Construction D million million D employees D. Manufacturing, Durable Goods E million million E. 1,000 1,999 employees E. Manufacturing, Nondurable Goods F. More than 1 billion F. 2,000 4,999 employees F. Wholesale Trade G. 5,000 9,999 employees G. Retail Trade Company Type A. Publicly-Traded B. Privately-Held C. Not-for-Profit H. More than 10,000 employees H. I. J. K. L. Transportation and Warehousing Publishing, Media, and Telecommunications Finance, Insurance, and Real Estate Services (including Business and Professional) Biotechnology and Pharmaceutical M. Educational N. Health Care and Social Assistance O. Accommodation and Food Services P. Public Administration Q. Other (please specify) 3

5 III. COMPENSATION DATA College Graduate Compensation Reporting: Complete the following tables for positions that you intend to hire in 2019 based on the degree earned. Provide information in each compensation category, where applicable. PLANNED NEW HIRES Major Business and Finance Computer Sciences Engineering Liberal Arts Marketing, Public Relations, and Communications Math and Statistics Sciences, Medical, and Health Related Other (please specify) # of Planned New Hires Bachelor's # of Planned New Hires Master's COMPENSATION - BACHELOR'S DEGREE RECIPIENTS Major Business and Finance Starting Annual Base Salary Annual Bonus/ Incentive Target Sign-On Bonus Long-Term Incentive Target Computer Sciences Engineering Liberal Arts Marketing, Public Relations, and Communications Math and Statistics Sciences, Medical, and Health Related Other (please specify) 4

6 COMPENSATION - MASTER'S DEGREE RECIPIENTS Major Business and Finance Starting Annual Base Salary Annual Bonus/ Incentive Target Sign-On Bonus Long-Term Incentive Target Computer Sciences Engineering Liberal Arts Marketing, Public Relations, and Communications Math and Statistics Sciences, Medical, and Health Related Other (please specify) Key Position Compensation Reporting: Please indicate the average starting salaries and compensation arrangements within your organization for the following positions, as of January 1, Please refer to the job summaries in Part VI. Position Title Accountant Starting Annual Base Salary Annual Bonus/ Incentive Target Sign-On Bonus Long-Term Incentive Target Auditor Computer Systems Analyst Customer Service Representative Engineer (Level 1) Financial Analyst Human Resources Assistant Marketing Specialist Research Analyst (Corporate) Research Analyst (Health) Software Engineer 5

7 IV. COLLEGE GRADUATE EMPLOYMENT PRACTICES 1. What methods does your company utilize to recruit college graduates? Check all that apply. [ ] On-campus job fairs [ ] College career centers [ ] Newspaper/magazine advertisements [ ] Referrals (employee, business associates) [ ] Other [ ] Employment websites [ ] Company website postings [ ] Recruitment firms [ ] Social media 2. Within which functional area(s) and/or job group(s) did you or do you expect to hire the most college graduates during 2019? (Please specify) Functional area(s): Job group(s): 3. Is GPA a driving factor in hiring college graduate applicants? [ ] Yes [ ] No If so, what is your minimum GPA requirement? 4. With regard to college graduates hired in the past three (3) years, what is your company's average total turnover (voluntary and involuntary) among this group? Average total turnover among college graduates: % 5. Does your company offer an internship program for college students? [ ] Yes [ ] No If you answered "Yes", please complete Part V. 6

8 V. COMPENSATION DATA - INTERNS Report applicable data for pay and employment practices for intern positions within your company, as of January 1, Major Business and Finance Avg. Hourly Intern Rate Completed Freshman Year Avg. Hourly Intern Rate Completed Sophomore Year Avg. Hourly Intern Rate Completed Junior Year Computer Sciences Engineering Liberal Arts Marketing, Public Relations, and Communications Math and Statistics Sciences, Medical, and Health Related Other (please specify) 1. Within which functional area(s) and/or job group(s) do you provide internship opportunities for college students? (Please specify) Functional area(s): Job group(s): 2. What is the typical length of your internship program? [ ] One semester [ ] Full school year [ ] Summer [ ] Other 3. Do previous interns typically go on to regular employment with your company post-graduation? [ ] Yes [ ] No 4. Do you hire high school students into intern positions? [ ] Yes [ ] No 7

9 If so, what is the average hourly rate you pay high school interns as of January 1, 2019? per hour Comments: Thank you for your participation 8

10 VI. JOB SUMMARIES KEY POSITIONS All job summaries reflect requirements of a minimum of a college degree and up to two (2) years of relevant experience. Accountant: Assists in creating accurate and timely financial records for the organization. Examines accounting records, including financial statements and other financial reports to assess accuracy, completeness, and conformance to standards defined within the organization. Auditor: Ensures that policies and procedures are being followed consistently throughout the organization to safeguard its assets, verify the accuracy and reliability of its accounting data, and promote adherence to the prescribed policies. Computer Systems Analyst: Responsible for the day-to-day maintenance of the local area network hardware, and assists with implementing new technologies, upgrading systems with the latest versions of software, and rolling out new hardware and field training. Customer Service Representative: Provides effective customer service for internal and/or external customers by using excellent, in-depth knowledge of products and programs as well as communicating effectively with team members within the customer service department. Engineer (Level 1): Assists in design, development, implementation, and analysis of technical products and systems. Supports the preparation of plans, designs, computation methods, and reports. Financial Analyst: Analyzes financial data by collecting, monitoring, and creating financial models for decision support. Improves financial status by analyzing results, monitoring variances, identifying trends, and recommending actions to management. Assists with annual and quarterly forecasting. Human Resources Assistant: Assists with the administration of the day-to-day operations of human resources functions and duties. These responsibilities may apply to some/all of the following functional areas: departmental development, HRIS, employee relations, training and development, benefits, compensation, organization development, and employment. Marketing Specialist: Responsible for designing, creating, and delivering marketing programs to support the growth and expansion of company products and services. Conveys brand messages, improves brand awareness, and provides reports based on information collected such as marketing trends, competition, new products, and pricing. Research Analyst (Corporate): Collects and analyzes data to evaluate operations and processes and to facilitate complex decision-making. Follows established modeling and evaluation methodologies to determine the effectiveness of current activities, isolates problem areas, and develops solutions. Research Analyst (Healthcare): Compiles and analyzes medical data used to understand the current trends in the health care system and to make well-informed decisions. Prepares tables, graphs, fact sheets, and written reports summarizing research results. Software Engineer: Designs and develops software applications. Performs coding, debugging, testing, and troubleshooting throughout the application development process. 9