2015
Salary Survey
of College Graduates
and Interns
1
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.
SAMPLE
2015
S
ALARY
S
URVEY OF
C
OLLEGE
G
RADUATES AND
I
NTERNS
2
I.
A
BOUT
C
OMPENSATION
R
ESOURCES
,
I
NC
.
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
prd@compensationresources.com
Diana D. Neelman, CCP
Principal, Executive Vice President
ddn@compensationresources.com
310 Route 17 North
Upper Saddle River, NJ 07458
(201) 934-0505
(201) 934-0737 (Fax)
T
www.compensationresources.com
3
II.
S
TUDY BACKGROUND
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) 934-0505, x105 or John Fuhrman,
Compensation Analyst, at (201) 934-0505, x112.
We thank you for your participation.
2015
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All Companies Reported
Employee Size
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
35.0%
3.0%
2.4%
10.5%
8.3%
9.8%
18.8%
16.5%
30.7%
Less than 50
employees
51 - 99 employees
100 - 499 employees
500 - 999 employees
1,000 - 1,999
employees
2,000 - 4,999
employees
5,000 - 9,999
employees
More than 10,000
employees
SAMPLE
7
All Companies Reported
Industry
0.0%
5.0%
10.0%
15.0%
20.0%
9.8%
13.4%
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
2015
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All Companies Reported
Company Type
51.9%
28.7%
19.4%
Publicly-Traded
Privately-Held
Not-for-Profit
25
Incumbents Average 25th Percentile Median (50th) 75th Percentile Reported Minimum Reported Maximum Overall 623 $49,410 $41,796 $50,000 $56,250 $22,880 $82,600 RevenueLess 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 27 $48,759 $43,530 $50,000 $54,628 $40,000 $55,000
Publishing, Media,
Telecommunications 99 * * * * * *
Finance, Insurance, and Real Estate 44 $46,825 $44,000 $50,036 $54,518 $22,880 $60,000
Services (including Business and
Professional) 138 $49,173 * $50,000 * * *
Educational, Health Care, Social
Assistance, and Public Administration 15 $46,099 $40,494 $45,000 $52,000 $35,000 $58,000
Region Region 1 445 $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 4 105 $47,315 $42,295 $45,000 $50,768 $35,000 $62,100 Region 5 0 * * * * * *
Annual Bonus/Incentive Target Sign-On Bonus
Long-Term Incentive Target *
$4,300
Marketing, Public Relations, and Communications - Bachelor's Degree Recipient
All Organizations
$5,140
2015
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Incumbents Average 25th Percentile Median (50th) 75th Percentile Reported Minimum Reported Maximum Overall 175 $76,039 $67,186 $71,000 $79,520 $49,920 $145,000 RevenueLess 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 5 * * * * * *
Publishing, Media,
Telecommunications 21 * * * * * *
Finance, Insurance, and Real Estate 8 * * * * * * Services (including Business and
Professional) 5 * * * * * *
Educational, Health Care, Social
Assistance, and Public Administration 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 * * * * * *
Annual Bonus/Incentive Target Sign-On Bonus
Long-Term Incentive Target *
Engineering - Master's Degree Recipient
$8,562
All Organizations
$7,705
110
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