2015 Salary Survey of College Graduates and Interns

Transcription

1 2015 Salary Survey of College Graduates and Interns

2 TABLE OF CONTENTS Page Page I. About Compensation Resources, Inc. 2 Marketing, Public Relations, and Communications 35 II. Study Background 3 Math and Statistics 36 III. Participant Demographics 4 Medical and Health Related 37 IV. College Graduate Salary Results 10 Sciences (Biological, Chemistry, Pharma, etc.) 38 Associate s Degree Recipients 11 Other 39 Business and Finance 12 Doctorate Degree Recipients 40 Computers and Web Related 13 Engineering 41 Engineering 14 Math and Statistics 42 Marketing, Public Relations, and Communications 15 Sciences (Biological, Chemistry, Pharma, etc.) 43 Other 16 Other 44 Bachelor s Degree Recipients 17 V. College Graduate Employment Practices 45 Actuarial 18 VI. College Intern Salary Results 49 Business and Finance 19 Actuarial Department 50 Computers and Web Related 20 Business, Finance, and Math Department 54 Engineering 21 Computer and Web Related Department 58 Fine and Performing Arts 22 Education Department 62 Language and Literature 23 Engineering Department 66 Liberal Arts 24 Language and Literature Department 70 Marketing, Public Relations, and Communications 25 Liberal Arts Department 74 Math and Statistics 26 Marketing, Public Relations, and Communications Dept 78 Medical and Health Related 27 Math and Statistics Department 82 Sciences (Biological, Chemistry, Pharma, etc.) 28 Medical and Health Related Department 86 Social Sciences and History 29 Public Administration Department 90 Other 30 Retail and Merchandising Department 94 Master s Degree Recipients 31 Sciences (Biology, Chemistry, Pharma, etc.) Department 98 Business and Finance 32 Other Jobs 102 Computers and Web Related 33 VII. College Internship Employment Practices 106 Engineering 34 VIII. Survey Participants 110 Copyright 2015 Compensation Resources All Rights Reserved. No part of the report may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of Compensation Resources, Inc. This survey has been prepared based on the responses received by Compensation Resources, Inc. Although CRI believes that the data provided by participants was reliable and representative of the practices within responding organizations, the survey results are provided for informational purpose only and without warranty of any kind. The results represented in this survey report should be considered in light of your organization s mission, business plan, strategy, competitive position and the manner in which the information contained herein supports its direction. CRI recommends that this study be used in concert with additional sources of information in order to validate all results. 1

3 I. ABOUT COMPENSATION RESOURCES, INC SALARY SURVEY OF COLLEGE GRADUATES AND INTERNS Compensation Resources, Inc. provides compensation and human resource consulting services to mid- and small-cap public companies, private, family-owned, and closely-held firms, as well as not-for-profit organizations. CRI specializes in executive compensation, sales compensation, pay-for-performance and incentive compensation, performance management programs, and expert witness services. For more information on our services, please contact: Paul R. Dorf, APD Chairman & Founder 310 Route 17 North Upper Saddle River, NJ (201) (201) (Fax) Twww.compensationresources.com Diana D. Neelman, CCP Principal, Executive Vice President 2

4 II. STUDY BACKGROUND 2015 SALARY SURVEY OF COLLEGE GRADUATES AND INTERNS Compensation Resources, Inc. (CRI) is pleased to present the results of the 2015 Salary Survey of College Graduates and Interns. The purpose of this study was to obtain compensation data for new and recent college graduates and college interns. Data was collected between February and April and results were compiled from survey questions that were developed by CRI and distributed to companies in all industrial classifications, broken down among seven categories. There were 133 organizations that participated in this study. Compensation data is reported as of February 1, 2015 in the following dimensions: Average Median 25th and 75th percentiles Reported minimum and maximum Where participant data was insufficient to report at least average and median figures, these pages were removed from the survey. 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 results, please contact Diana Neelman, Principal, at (201) , x105 or John Fuhrman, Compensation Analyst, at (201) , x112. We thank you for your participation. 3

5 2015 SALARY SURVEY OF COLLEGE GRADUATES AND INTERNS 35.0% 30.0% 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% 3.0% 2.4% All Companies Reported 10.5% Employee Size 8.3% 9.8% 18.8% 16.5% 30.7% Less than 50 employees employees employees employees 1,000-1,999 employees 2,000-4,999 employees 5,000-9,999 employees More than 10,000 employees 6

6 2015 SALARY SURVEY OF COLLEGE GRADUATES AND INTERNS 20.0% 15.0% 10.0% 5.0% 0.0% 9.8% All Companies Reported 13.4% Industry 15.0% 10.5% 2.5% 19.5% 15.8% 13.5% Utilities/Construction Manufacturing, Durable Goods Manufacturing, Nondurable Goods Retail/Wholesale Trade, Transportation, and Warehousing Publishing, Media, Telecommunications Finance, Insurance, and Real Estate Services (including Business and Professional) Educational, Health Care, Social Assistance, and Public Administratioin 7

7 2015 SALARY SURVEY OF COLLEGE GRADUATES AND INTERNS All Companies Reported 28.7% 19.4% Company Type 51.9% Publicly-Traded Privately-Held Not-for-Profit 8

8 2015 SALARY SURVEY OF COLLEGE GRADUATES AND INTERNS Marketing, Public Relations, and Communications - Bachelor's Degree Recipient 25th 75th Reported Reported Incumbents Average Percentile Median (50th) Percentile Minimum Maximum Overall 623 $49,410 $41,796 $50,000 $56,250 $22,880 $82,600 Revenue Less than $9.9 million 5 $39,728 * $41,184 * * * $10.0 million - $99.9 million 1 * * * * * * $100.0 million - $499.9 million 2 * * * * * * $500.0 million - $999.9 million 6 * * * * * * More than $1 Billion 609 $51,288 $45,000 $52,000 $58,000 $22,880 $82,600 Company Type Publicly-Traded 528 $50,852 $45,000 $50,071 $57,000 $34,000 $82,600 Privately-Held 83 $52,026 $45,500 $53,128 $57,250 $42,000 $62,000 Not-for-Profit 12 $35,816 $35,000 $39,520 $40,494 $22,880 $41,184 Industry Utilities/Construction 7 $51,333 * $52,000 * * * Manufacturing, Durable Goods 106 $52,950 $48,000 $52,000 $59,550 $40,000 $63,550 Manufacturing, Nondurable Goods 187 $50,920 $42,092 $47,000 $58,000 $34,840 $82,600 Retail/Wholesale Trade, Transporation, and Warehousing Publishing, Media, Telecommunications 27 $48,759 $43,530 $50,000 $54,628 $40,000 $55, * * * * * * Finance, Insurance, and Real Estate 44 $46,825 $44,000 $50,036 $54,518 $22,880 $60,000 Services (including Business and Professional) Educational, Health Care, Social Assistance, and Public Administration 138 $49,173 * $50,000 * * * 15 $46,099 $40,494 $45,000 $52,000 $35,000 $58,000 Region Region $49,495 $40,000 $50,000 $58,000 $22,880 $82,600 Region 2 32 $53,333 * $52,000 * * * Region 3 41 $53,314 * $53,128 * * * Region $47,315 $42,295 $45,000 $50,768 $35,000 $62,100 Region 5 0 * * * * * * All Organizations Annual Bonus/Incentive Target $5,140 Sign-On Bonus $4,300 Long-Term Incentive Target * 25

9 Engineering - Master's Degree Recipient 2015 SALARY SURVEY OF COLLEGE GRADUATES AND INTERNS 25th 75th Reported Reported Incumbents Average Percentile Median (50th) Percentile Minimum Maximum Overall 175 $76,039 $67,186 $71,000 $79,520 $49,920 $145,000 Revenue Less than $9.9 million 17 $75,556 * $70,000 * * * $10.0 million - $99.9 million 0 * * * * * * $100.0 million - $499.9 million 9 $69,200 * $70,500 * * * $500.0 million - $999.9 million 38 $79,603 * $75,520 * * * More than $1 Billion 111 $76,948 $66,750 $71,817 $80,000 $49,920 $145,000 Company Type Publicly-Traded 156 $77,152 $67,186 $71,000 $80,000 $49,920 $145,000 Privately-Held 11 $72,099 $70,654 $73,800 $75,000 $62,000 $79,040 Not-for-Profit 8 $75,556 * $70,000 * * * Industry Utilities/Construction 10 $72,710 * $72,400 * * * Manufacturing, Durable Goods 105 $76,544 $70,000 $72,490 $80,000 $67,371 $100,000 Manufacturing, Nondurable Goods 13 $89,548 * $81,636 * * * Retail/Wholesale Trade, Transporation, and Warehousing Publishing, Media, Telecommunications 5 * * * * * * 21 * * * * * * Finance, Insurance, and Real Estate 8 * * * * * * Services (including Business and Professional) Educational, Health Care, Social Assistance, and Public Administration 5 * * * * * * 8 $66,222 * $66,667 * * * Region Region 1 57 $82,213 $68,500 $75,000 $91,309 $49,920 $145,000 Region 2 5 * * * * * * Region 3 73 $70,868 $67,019 $70,000 $75,020 $62,000 $80,000 Region 4 36 $69,951 $67,500 $70,000 $71,327 $62,000 $80,000 Region 5 4 * * * * * * All Organizations Annual Bonus/Incentive Target $7,705 Sign-On Bonus $8,562 Long-Term Incentive Target * 34

10 2015 SALARY SURVEY OF COLLEGE GRADUATES AND INTERNS Survey Participants (List contains only organization that gave permission to identify their name) A. O. Smith Citi - Consumer Operations & Technology LG&E-KU Services Robertshaw Aerojet Rocketdyne Colorado Springs Utilities Lifetime Healthcare Companies ROLLS-ROYCE NORTH AMERICA Aerospace Corporation ConAgra Foods, Inc. L'Oreal US Royal Caribbean Cruises Ltd. AgStar Financial Services CONSOLIDATED EDISON COMPANY OF NEW YORK Macys, Inc Schreiber Foods, Inc. Altria COPT MAHLE Industrial Thermal Systems America Siemens American Chemical Society Country Financial MasterCard Society of Anglican Missionaries and Senders American National Insurance Company Daiichi Sankyo, Inc. MDRC Southwest Research Institute Amica Mutual Ins Co Digi International Mercedes Benz USA LLC SRC Inc. Anheuser-Busch InBev Endo International plc Merchants Bonding Company Symetra Aptar Group - Mukwonago Fannie Mae MetLife Teledyne LeCroy Aquinas Consulting Federal Reserve Bank of Cleveland Micro Stamping Corporation Terumo BCT Aramco Services Company Federal Reserve Bank of New York MidAmerican Energy Company Tesoro Corporation Arizona Public Service Federal Reserve Bank of St. Louis Molex Texas Instruments Armstrong World Industries Findley Davies, Inc. MSA LLC Textron Inc Associated Banc-Corp FirstEnergy MSC Industrial Direct The Christ Hospital Health Network Automatic Data Processing FM Global Mutual of Omaha The Lubrizol Corporation Avis Budget Group Grande Cheese Company Mylan The Pampered Chef Babcock & Wilcox, Co. Hershey Company Nisivoccia LLP Toyota Technical Center Barry Callebaut Hitachi Data Systems Noblis Travelers Insurance BB&T Honeywell FM&T North Shore-LIJ Health System - North Shore University Hospital United Launch Alliance Benchmark Electronics, Inc Independence Blue Cross NuStar Energy United Water BNSF Logistics, LLC J.B. Hunt Transport Services, Inc. Office Comptroller of the Currency University of Minnesota Physicians BNSF Railway Jaguar Land Rover North America, LLC Omnitrans University of Pittsburgh Medical Center Boston Scientific John Wiley & Sons Inc. One Call Care Management US Bank Briggs & Stratton Corporation Johnson & Quin OneAmerica Financial Partners Verizon Build-A-Bear Workshop Johnson Controls, Inc. Owens Illinois W.W. Grainger, Inc. Cablevision Key Bank, N.A. Praxair, Inc. Waggener Edstrom Communications Centre County Mutual Kimberly-Clark Premier Health Whirlpool Corporation Checkpoint Systems Laureate Education, Inc. ProTrans International Citi Lawrence Livermore National Lab RBC Ministries 110