Compensation & Salaries
 |
| Assisting dual-career couples can benefit your hiring.
Reena Abrol (Cisco Systems) and Badal Choudhari (Intuit). |
The list of industries that recruit at MSU is impressive. Management
Consulting, Information Systems and Specialty Consulting, Computers
and Semiconductors, Automotive and Durable Manufacturing, Food
and Packaged Goods, Airlines and Transportation Services, Banking
and Financial Services, and Retail are all well represented on
this campus. Our graduates go to all regions of the country and
the world.
To help you frame competitive compensation packages,
you can query employment and salary information of recent Full-Time Program
graduates and interns. Career Services Staff offers additional guidance in constructing
compensation packages to attract our graduates.
Salaries
Salaries vary greatly depending on a number of criteria. Many
firms adjust compensation based on the quality and quantity
of previous
employment, advanced technical expertise, U.S. expatriate experience,
prior work in the industry or function, and other candidate
demographics specific to the individual firm. For more detailed
information
on salaries, search the Salary Stats page of this website.
Keep in mind as you plan compensation that Broad starting
salaries generally increase 5-15% per year.
Signing Bonuses
In excess of 60% of Broad graduates receive a signing bonus.
Bonuses help you compete for top talent while preserving
internal salary
equity. Some companies are now dividing bonus dollars into
signing and starting allocations.
Incentives and Annual Raises
In addition to base salaries, Broad graduates frequently
receive compensation in such other forms as stock options,
company
and personal-performance incentives (in stock or cash),
and annual
profit-sharing bonuses.
Relocation
Relocation packages vary greatly by organization. Typical
packages vary from reimbursement of actual moving expenses
to complete
coverage of the cost of relocating, including housing
for a reasonable period
while a new home can be purchased. A lump sum distribution
spent at the candidate's discretion is also common.
Internship Housing
The majority of interns also received some sort of housing
allowance in one of the following forms: corporate
apartment, housing subsidy
(typically 50% or 100% with a cap), travel allowance
for candidates commuting from campus, or referrals
to local
apartments.
|