the college graduate and intern compensation survey...ciena corp cisco systems, inc. corning...

2021 Prospectus

The College Graduate and Intern Compensation Survey

Questions? Call 508-460-9600 and ask for a survey team member. 2

About the Survey The College Graduate and Intern Compensation Survey provides you with information to assess and evaluate your competitive strategies for new college hires. The survey collects a broad range of information on compensation at various degree levels. The College Graduate and Intern Compensation Survey is the most complete source of compensation data for both new college graduates and interns.

Key Data Reported:

� Global Average Hiring Rates and Starting Salaries reports actual base salary, sign-on bonus, and long-term incentive values for new college graduates

� U.S. Hiring Guidelines reports base salary offer guidelines, minimum, maximum and target rates by major geographic location

� U.S. MBA Schools Hiring Guidelines reports MBA hiring range minimum and maximum by school by undergraduate degree category

� U.S. Intern Hiring Guidelines reports hourly rates by years completed by major geographic location

� U.S. Policies and Practices summarizes policies and practices in regard to program design

Key DatesEffective Date of the Data: January 15, 2021

Submission Due Date: February 19, 2021

Report Publish Date: Week of April 23, 2021

3Questions? Call 508-460-9600 and ask for a survey team member.

2020 Participating Companies

2020 College Graduate & Intern Compensation Survey

� 126 Companies � Detailed Policies and Practices Information

The Results Report Contains: � Participating Companies List

� Compensation Summary (survey results, broken out by Field of Degree for both college graduates and interns)

� Policies and Practices (characteristics of participating organizations and salary administration processes)

Aerojet RocketdyneAmerican International Group (AIG)AmwayApplied Research Laboratories – The University of Texas at AustinArgonne National LaboratoryASM ResearchAT&T Inc.Autodesk, Inc.BAE Systems North America, Inc.Bechtel Global CorporationBechtel Plant Machinery, Inc.Black & Veatch CorporationBlack Knight Financial ServicesBMC Software, Inc.BNSF Railway Company

Booz Allen Hamilton Inc.Boston Scientific CorporationCharter Communications, Inc.Cherokee Nation Businesses, LLCCiena CorpCisco Systems, Inc.Corning IncorporatedCummins, Inc.Danaher CorporationDeloitte LLPDewberryDISH Network CorporationDowDraper LaboratoryDTE EnergyEAB Global


2020 Participating Companies (continued)

Eaton CorporationeBay Inc.Edwards LifesciencesElectronic Arts Inc.FCA US LLCFederal Reserve Bank of PhiladelphiaFermi National Accelerator LaboratoryFidelity InvestmentsFirst Business Financial Services, Inc.FIS GlobalFluor Marine PropulsionFord Motor CompanyFujitsu America, Inc.Gannet Fleming, Inc.GDITGE Global ResearchGeneral Dynamics Mission SystemsGeneral Motors CompanyGranite Construction Inc.Green Diamond Resource CompanyHDR, Inc.Hermal MillerHewlett-Packard Company

HNTB CorporationHB Enterprise ServicesHRL Laboratories, LLCHumana Inc.IBM CorporationIdaho National LaboratoryIDEX CorporationIngram Micro Inc.Institute for Defense AnalysesIntel CorporationInternational Paper CompanyJet Propulsion LaboratoryJohns Hopkins University Applied Physics LaboratoryJohnson & JohnsonKeysignt TechnologiesKiewit Energy GroupLockhead Martin CorporationL’Oreal USAM.A. Mortenson Companies, Inc.Maser ConsultingMasterCard IncorporatedMentor Graphics CorporationMIT Lincoln Laboratory


2020 Participating Companies (continued)

New York Life Insurance CompanyNoblis, Inc.Northrop Grumman CorporationOlssonPacific Northwest National LaboratoryParsons CorporationPayPal Holdings Inc.PepsiCo, Inc.Peregrine Semiconductor CorpPOWER EngineersQUALCOMM IncorporatedRaytheon CompanyRicoh Americas CorporationRoche Diagnostics CorporationSAIC, Inc.Sandia National LaboratoriesSargent & Lundy, LLCSAS Institute Inc.Schreiber Foods Inc.Sierra Nevada CorporationSouthwest Research InstituteSpace Dynamics LaboratoryStantec Inc.

State Farm Mutual Automobile Insurance CompanySTV Group, IncorporatedTarget CorporationTenneco Inc.Terracon Consultants, Inc.The Aerospace CorporationThe Capital GroupThe MITRE CorporationThe Progressive CorporationThe TJX Companies, Inc.Trane TechnologiesUnited Launch AllianceUnitedHealth Group IncorporatedUniversity Corporation for Atmospheric Research (UCAR)USAAVerso PaperVisa Inc.VMWareWorleyWSPZachry Industrial Inc.Zynga Inc.


Sample of the College Graduate Hiring Rates Report

College Graduate Hiring Rates - U.S. Data

Data Effective 01/15/2020

Electrical & Computer Engineering - Masters (ECEM)

Silicon Valley

West Coast

(w/o Silicon Valley) Northeast North Central Southeast South Central

All Locations

Combined

Number of Companies

Number Hired

Offers Outstanding

Total Incumbents

Percent of Exempt Incumbents

Base Salary

Starting Base Salary

Current Base Salary

10th Percentile

25th Percentile

50th Percentile

65th Percentile

75th Percentile

90th Percentile

Salary Range Minimum

Salary Range Midpoint

Salary Range Maximum

Cash Incentives

Pct Receiving STI

Average STI (incl $0)

Average STI (excl $0)

Pct Receiving Sign-On

Average Sign-On (excl $0)

25th Percentile

50th Percentile

75th Percentile

Long Term Incentives

Pct Receiving LTI

Avg Face Value of Award (excl $0)

Average Shares Granted (excl 0)

25th Percentile

50th Percentile

75th Percentile

Average LTI BS Value (incl $0)

Average LTI BS Value (excl $0)

25th Percentile

50th Percentile

75th Percentile

711

138

710

22

27123

4916

2141

277

10

110

22

16

28123

6016

2343

293

100.0% 96.6% 75.5% 100.0% 100.0% 100.0% 88.7%

$115,689 $96,194 $104,838 $96,635 $92,901 $92,794 $101,310

$116,646 $96,809 $104,838 $96,635 $93,050 $93,090 $101,813

$106,912 $83,907 $83,907 $80,000 $75,285 $82,014 $82,014

$108,150 $85,197 $90,000 $87,000 $85,010 $86,000 $89,000

$111,000 $98,000 $101,000 $90,000 $92,000 $91,245 $101,000

$120,000 $101,005 $114,396 $98,004 $99,000 $97,011 $107,016

$130,016 $104,104 $125,500 $110,000 $100,000 $105,331 $110,000

$134,680 $111,935 $130,000 $110,000 $114,396 $110,000 $125,500

$86,911 $73,779 $75,951 $70,406 $67,446 $69,153 $75,494

$122,314 $97,319 $103,604 $98,114 $93,414 $94,433 $101,623

$157,719 $120,721 $131,374 $125,818 $119,339 $119,718 $127,747

18.8% 25.6% 27.9% 27.5% 21.6% 31.8% 29.1%

$1,215 $1,062 $914 $1,864 $450 $1,281 $1,189

$6,477 $4,146 $3,270$2,082 $4,024 $4,082

68.8% 43.4% 22.3%6.9%

29.8% 50.7% 49.2%

$11,898 $12,268 $7,974$7,683 $10,530 $12,097

$10,000 $5,000 $5,000$5,000 $5,000 $7,600

$15,000 $15,000 $7,500$6,000 $10,000 $15,000

$15,000 $15,000 $12,500$7,600 $15,000 $15,000

40.9% 28.1%6.9%

0.0%5.4%

14.5% 25.2%

$22,927 $22,720

$26,022 $25,672

566296

312367

251263

263263

295263

263263

506401

263401

$9,366 $6,377 $755$1,554 $3,778 $6,461

$22,927 $22,720

$26,022 $25,672

$6,001 $22,517

$22,518 $22,518

$22,522 $22,518

$22,518 $22,518

$31,068 $31,068

$22,518 $31,068

Percentiles Omitted if Less Than 15 Incumbents Reporting

College Graduate and Intern Compensation Survey

Page 3-62

© 2020 Pearl Meyer & Partners , LLC.


Sample of the Intern Hiring Rates Report

Intern Hiring Rates - U.S.

Degree, Year of Study Completed, Region & Hourly Base SalariesNumber of Companies

Number of

Incumbents Average25th

Percentile 50th

Percentile75th

PercentileAll

South Central

All Locations Combined

Computer Science w /

Engineering Emphasis -

PhD

Not Provided Silicon Valley


1stAll Locations Combined

2ndAll Locations Combined

3rdAll Locations Combined

4thAll Locations Combined

AllSilicon Valley



Information Security

Emphasis - Bachelors

Not Provided All Locations Combined


2ndAll Locations Combined

3rdNortheast

North Central

Southeast


4thNortheast


AllWest Coast (w/o Silicon Valley)

Northeast

North Central

Southeast

South Central




Emphasis - Masters


3rdAll Locations Combined

4thAll Locations Combined

AllSouth Central




Emphasis - PhD

AllAll Locations Combined

Computer Science w / MIS /

IS Emphasis - BachelorsNot Provided Silicon Valley

West Coast (w/o Silicon Valley)

Northeast

North Central

Southeast

South Central


1stSoutheast


2ndWest Coast (w/o Silicon Valley)

Northeast

North Central

Southeast


12 17 $30.72 $25.00 $31.06 $35.00

29 147 $38.28 $34.55 $40.90 $41.97

6 32 $48.29 $43.00 $48.00 $50.00

8 40 $47.85 $43.00 $47.00 $50.00

2 3

2 6

1 4

3 8

7 34 $48.27 $43.00 $47.00 $50.00

12 61 $45.15 $35.00 $45.27 $50.00

5 646 $27.21 $24.00 $24.00 $32.45

4 5

10 14 $21.76

5 14 $24.52

7 11 $22.25

8 21 $24.79 $23.85 $24.09 $27.88

17 70 $24.71 $23.08 $24.70 $25.96

5 5 $24.95

13 33 $25.58 $23.00 $25.50 $28.60

8 52 $26.13 $23.08 $24.62 $29.62

12 232 $26.53 $22.50 $25.02 $29.09

12 138 $24.80 $21.63 $24.00 $26.25

12 159 $26.32 $24.00 $24.09 $28.37

10 139 $24.91 $24.00 $24.50 $25.96

28 768 $25.40 $24.00 $24.00 $26.70

2 3

1 1

5 7 $29.96

5 18 $28.24 $21.65 $31.00 $33.12

10 105 $34.68 $29.00 $33.12 $39.42

0 0

7 20 $36.76 $28.38 $32.75 $40.98

6 30 $27.82 $23.75 $24.00 $34.62

9 87 $29.79 $22.00 $24.00 $38.46

8 201 $27.99 $23.65 $27.00 $28.00

11 315 $32.92 $24.00 $32.50 $40.00

7 52 $31.30 $22.50 $28.85 $40.38

14 705 $31.32 $23.65 $28.00 $42.50

5 56 $20.14 $18.82 $20.00 $20.19

9 164 $20.94 $18.82 $20.00 $24.50

5 77 $26.64 $22.18 $25.00 $27.50

5 65 $22.18 $21.00 $22.11 $22.50

9 30 $22.47 $21.03 $22.82 $23.25

10 99 $22.59 $22.00 $22.40 $24.04

20 308 $24.90 $22.00 $23.08 $27.50

15 104 $26.54 $23.00 $26.78 $29.25

College Graduate and Intern Compensation Survey

Page 3B-9

© 2020 Pearl Meyer & Partners , LLC.


Sample of the Policies and Practices Report


Contact UsTo learn more about our College Graduate and Intern Compensation Survey or to participate, contact the survey group at [email protected].

You will be assigned a dedicated account manager who will be available to walk you through the survey submission process, making it easy to integrate and match your information with our database. Our account managers have several years of survey experience, ensuring you the highest level of data quality and integrity.

Your account manager will email you a link to the submission materials, your log-in credentials, and instructions on how to complete and return your survey data.

� To contact us by email: [email protected]

� To contact us by phone: ask for the survey group from our general number 508-460-9600

About Pearl Meyer (www.pearlmeyer.com | www.pearlmeyer.com/surveys)

Pearl Meyer is the leading advisor to boards and senior management on the alignment of compensation with organizational and leadership strategies, making pay programs a powerful catalyst for value creation and competitive advantage. Our survey team provides organizations with accurate, on-point information supporting effective business decisions. Pearl Meyer’s global clients stand at the forefront of their industries and range from emerging high-growth, not-for-profit, and private companies to the Fortune 500 and FTSE 350. The firm has offices in Atlanta, Baltimore, Boston, Charlotte, Chicago, Houston, London, New York, Raleigh, Los Angeles, and San Jose.


Dedicated Team of Account Managers

Rebecca TomanVice President, Survey

Business Unit

Rhonda Snyder Executive Assistant/

Account Manager

Dan BesserSurvey Account

Manager

Jordan GagnonSenior Survey

Account Manager

Andrew GuignoSurvey Project

Manager

Matt DunbarAssociate Account

Manager

Alexis GriswoldAssociate Account

Manager

Precious WoloSenior Survey

Account Manager

Todd CarterAssociate Account

Manager

11Questions? Call 508-460-9600 and ask for a survey team member. ©2020 Pearl Meyer & Partners, LLC. All Rights Reserved.

For more information on Pearl Meyer, visit us at www.pearlmeyer.com or contact us at (212) 644-2300.

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