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Published by dan.beaudry, 2020-02-10 16:50:33

MASTER All Complete REDACTED

MASTER All Complete REDACTED

SURVEYEdITIOnRPaERllPOOgRRTamS

THIRd<by

Survey

>opfdofrerovpgeerarlaoarcplmtyimc-seceasnret er
WITH THE
SUPPORT OF


LdPcOnnEcT.cOm | LdPSURvEy.cOm | WROnSKITRaInIng.cOm

WELCOME TO THE 2020 SURVEY
OF PRACTICES FOR EARLY CAREER DEVELOPMENT PROGRAMS

(“LDP SURVEY”).

The survey was conducted by LDP Connect (host of the annual Leadership development Program
Summit—www.LdPsummit.com), in consultation with development program managers, and in
response to requests for benchmarking data on practices related to managing development programs

for early career hires. The overall survey was completed
by the 69 organizations listed below on 140 development programs across many functions.

3M Cargill Exiger Liberty Mutual Synchrony
Abbott Cigna Fidelity Investments Medtronic Takeda
AbbVie Comcast NBC/Universal MetLife TE Connectivity
Aetna ConEdison Fifth Third Bank Textron
Air Liquide CVS Health General Electric MilliporeSigma Thermo Fisher Scientific
Alliance Data Danaher GlaxoSmithKline NextEra Energy Travelers
ARM Dell The Hartford Owens Corning Trimble
AT&T Discover Phaidon Intl United Technologies
BASF Driscoll's Hannafords Unum
Baxter Healthcare Eaton Honeywell PNC Vanguard
Becton Dickinson Ecolab Ingersoll Rand Prudential Walt Disney
Blue Cross/Blue Shield Epsilon Roivant Whirlpool Corporation
Boeing ESPN Jabil Yale University
Cardinal Health Exelon John Deere Sanofi
Johnson & Johnson Stryker
Kingspan Sun Life Financial
LAM Research Swagelok

This report provides a summary of data collected from programs of all function-types in the
LdP Survey. custom reports and additional data analysis services are available. contact
[email protected] for more information.

LDP Connect would like to thank all who participated in this survey, and longtime sponsor
and supporter, Wronski Associates (www.wronskitraining.com)

© WdR Enterprises, LLc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, LLc.


> contentsldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm cOnTEnTS 3

RESPOndEnT cHaRacTERISTIcS|4–8
PROgRam STRUcTURE|9–15

TRaInIng & dEVElOPmEnT|16–33
PlacEmEnT| 34–36
RECRUITMENT|37–42
EVALUATION|43–45
RETENTION| 46–51

APPENDIX A: RETENTION DATA|52–53
APPENDIX B: BUDGETING DATA|54

>APPENDIX C: COMPENSATION DATA|55-62
© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm RESPOndEnT cHaRacTERISTIcS 4

question 1. What is your organization's industry? (If your organization operates in multiple
industries, please check all in which participants in your various development programs work.)

Responses Count peRCentage note:
aCCounting 2 1% multiple answers per
adveRtising 2 1% participant possible.
aeRospaCe 13 9% Percentages added may
agRiCultuRe 6 4% exceed 100 since a
automotive 3 2% participant may select
BioteChnology 7 5% more than one answer
ChemiCal 7 5% for this question.
ConstRuCtion 2 1%
Consulting/pRofessional 3 2% Other:
ConsumeR pRoduCts 2 1% •medical device
defense 6 4% •Recruitment and Staffing
eleCtRoniCs 2 1% •due diligence
eneRgy 13 9% •We do design engineer-
engineeRing 15 11% ing, manufacturing and
enteRtainment 4 3% manage the full supply
finanCial seRviCes 36 26% chain for the world's top
food, BeveRage & toBaCCo 2 1% 350 brands across all indus-
goveRnment 1 1% tries.
health CaRe 26 19% •Science and Technology
hospitality 1 1% •Bulding materials
inteRnet/teChnology 8 6%
manufaCtuRing 45 32%
media/BRoadCasting/puBlishing 4 3%
phaRmaCeutiCals 10 7%
Real estate 1 1%
Retail & Wholesale 2 1%
softWaRe 7 5%
teleCommuniCations 2 1%
tRanspoRtation/logistiCs 4 3%
utilities 5 4%
otheR (please speCify) 8 6%
total unique Response 140

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm RESPOndEnT cHaRacTERISTIcS 5

question 2. What are your organization's annual revenues?

n=140

question 3. does your organization have multiple development programs for early career
hires?

n=140

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm RESPOndEnT cHaRacTERISTIcS 6

question 4. Please indicate the functional areas in which your organization has development
programs for early career hires. (check all that apply.)

n=130

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm RESPOndEnT cHaRacTERISTIcS 7

note:
multiple answers per
participant possible.
Percentages added
may exceed 100 since
a participant may select
more than one answer
for this question.

Other:
•clinical Trial Operations
•Post - doctoral research
•Risk management, credit
and capital management,
and internal audit
(we also segment out sales
and marketing; we have an
associated internship with
each program)
•Research
•audit, Risk, consumer,
commercial, Wealth & asset
management
•Technology
•Production and
Production Operations
•claims
•Investment management,
Financial advisor
•Investments

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm RESPOndEnT cHaRacTERISTIcS 8

question 5. How many full time equivalent (FTE) staff at your company are dedicated to
supporting one or more development programs (including recruiting, program management,
support, etc.)?

n=140

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm PROgRam STRUcTURE 9

question 6. How many full-time equivalent (FTE) staff are dedicated to
managing/supporting/recruiting for your program?

25th peRCentile n=140
median x
75th peRCentile x
aveRage x
xx

question 7. How many of those full-time equivalent (FTE) staff directly oversee
participants in your program?

n=140

25th peRCentile x
median x
75th peRCentile x
aveRage xx

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm PROgRam STRUcTURE 10

question 8. Please indicate the degree level required for participants in your
development program. If you accept multiple degree levels into the program, please indicate
the PRImaRY degree type targeted by your program.

n=140

question 9. How many participants are currently in your development program?

n=140

25th peRCentile 12
median 26
75th peRCentile 50
aveRage 52

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm PROgRam STRUcTURE 11

question 10. On average, how many people graduate from your development program
each year?

n=140

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm PROgRam STRUcTURE 12

question 11. On average, how many rotations are required in your development program before
program completion?

n=140

question 12. On average, how many months long is each rotation in your development
program?

n=134

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm PROgRam STRUcTURE 13

question 13. On average, how many months does it take to complete your development program?

n=140

question 14. What term best describes how your development program is funded?

n=140

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOmldPcOn PROgRam STRUcTURE 14

question 15. Primarily, where are your development program participants geographically
located throughout the course of their program?

n=140

question 16. Who manages the relocation process for participants in your development
program?

n=73

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOmldPcOn PROgRam STRUcTURE 15

question 17. When do performance reviews happen in your development program?

n=140

Other: •On ongoing basis and at the end of each rotation
•at the end of each rotation & aligned with company stan- •mid point of assignment and end of assignment
dards (mid year & end of year reviews) •annual reviews with company cadence; rotation reviews
•mixed: company's bi-annual performance review are every 3 months
work/project focused; plus 2 ldP competencies/soft skill as- •Twice per rotation for each rotation
sessments at 90 days in new rotation and 6-months into yearly •Part of annual process at year end, but also at end of rota-
cycle tions that run June to June
•Hybrid: at the end of each rotation and annually in system •during rotation, end of rotation, and annual end of year
for rating process
•Both within company timelines as well as off-cycle •mid-rotation (3 mos) and end of rotation (6 mos) (x2)
•Participants follow our normal company review process, but •Bi-annually: mid-year & year-end for their first two years &
they also complete mini reviews halfway through a rotation then annually after
and at the end of each rotation. Only the annual review
aligned with the normal company process includes any changes
to compensation
•In every rotation, begining, middle and end of rotation

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm TRaInIng & dEVElOPmEnT 16

question 18. What components of training are standard for your development program?
Please check all that apply, and indicate if the component is an offering unique to the
program (i.e. not available to the general employee population).

n=138

Component offeR? unique to pRogRam?
111 69
peeR mentoRship (moRe senioR 89 62
pRogRam paRtiCipant) 87 63
94 47
exeCutive mentoRship 17 15
(a senioR level leadeR) 13 1 62
94 52
mentoRship fRom 15 11
pRogRam alum

inteRnal CoaChing (Beyond CoaChing
fRom the pRogRam manangeR)

exteRnal CoaChing (vendoR pRovded)

foRmal in-house
tRaining

exteRnal tRaining
(vendoR pRovided)

otheR

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm EVALUATION 43

question 41. Please indicate the three most important factors you measure to determine the
success of your development program.

n=138

note: Other:
multiple answers per participant possible. •diversity of associates
Percentages added may exceed 100 since a participant
may select more than one answer for this question.

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm RETENTION 46

question 45. What is the average length of employment (in number of months) for those
that terminated while still in the program (either self or forced termination)?

n=136

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm RETENTION 47

question 46. What is the top reason for voluntary termination during the program?

n=136

Other: •Other employment (x11)
•Realizing not a match for the program/lea- •left for another opportunity that arose within
dership is not the right career path for them (x6) company
•Uncertainty that there will be a headcount •Exam passing
open at the end of the program

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm RETENTION 50

question 49. How do you engage your program alumni? (check all that apply)

n=136

note: Other: •as coaches/trainers in program
multiple answers per participant •Program events - leveraging alumni training
possible. •annual international service •Social media and newsletters
Percentages added may exceed 100 experience (new) •not yet determined
since a participant may select more •We don't have any alumni yet (x6) •We have a program manager
than one answer for this question. •networking and providing informa- assigned to alumni
tion to future program participants

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm RETENTION 51

question 50. Which of the following best describes your program's role in promoting
the acceleration of your program alumni?

n=136

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm APPENDIX A: RETENTION DATA 52

What percent of your participants complete the first year of the development program?

25th peRCentile x%
median xx %
75th peRCentile xx %
aveRage x%

note: Based on 119 responses

What percent of your participants complete the full program?

25th peRCentile x%
median x%
75th peRCentile x%
aveRage x%

note: Based on 118 responses

What is your 1-year post-program retention rate?

25th peRCentile x%
median x%
75th peRCentile xx %
aveRage x%

note: Based on 105 responses

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm APPENDIX A: RETENTION DATA 53

What is your 5-year post-program retention rate?

25th peRCentile x%
median x%
75th peRCentile x%
aveRage x%

note: Based on 97 responses

What are your official post-program retention rate gOalS?

25th peRCentile 1-year 3-year 5-year
median xxx xxx xxx
75th peRCentile xxxx xxx xxx
aveRage xxxx xxx xxx
xxx xxx xxx
n=
76 72 71

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm APPENDIX B: BUDGETING DATA 54

What is the overall operating budget of your program (not including salaries or bonuses)?

25th peRCentile $ xxxxxx
median $ xxxxxx
75th peRCentile $ xxxxxxx
aveRage $ xxxxxx

note: Based on 87 responses

What is your average operating dollar investment PER PaRTIcIPanT (not including salaries
or bonuses)?

25th peRCentile $ xxxx
median $ xxxx
75th peRCentile $ xxxxx
aveRage $ xxxxx

note: Based on 81 responses

What percentage of your program budget is nOT allocated for salary/benefits?

25th peRCentile xx
median xxx
75th peRCentile xxx
aveRage xxx

note: Based on 76 responses

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm APPENDIX C: COMPENSATION DATA 55

Which of the following components are part of the total compensation that associates receive upon
STARTING your development program?

offeRing RepoRting 25th %ile median 75th %ile fixed negotiaBle nR
xx x
Base salaRy xx x
xx x
BaCheloR xx x xxxxxx xxxxxx xxxxxx xx x
gRaduate x x xxxxxx xxxxxx xxxxxx xx x
sign on Bonus xx x xxxxx xxxxx xxxxx xx x
BaCheloRs x x xxxxx xxxxx xxxxx xx x
gRaduate x x xxxxxx xxxxxx xxxxxx xx x
RelOCation paCkage x x xxxxx xxxxx xxxxxx xx x
BaCheloRs x x xxxxx xxxxx xxxxxx x x1 x0
gRaduate x x xxxxx xxxxxx xxxxxx xx x
equity gRant x xxxx xx x
BaCheloRs x xxxx xx x
gRaduate x xxxx xx x
annualized taRget Bonus x x xx xx xxx xx x
BaCheloRs x x xx xx xx xx x3
gRaduate x x xxx xxx xxx
otheR x xxxx

NOTES: •“NR” indicates organizations who offer the
compensation element, but have not indicated whether
•“Offering” represents the number of respondents the element is fixed or negotiable.
who offer the compensation element.
•“Reporting” represents the number of respondents
providing numerical data for the compensation element.
•compensation data figures provided only where a
minimum of 5 responses reported.
•“bachelor” and “graduate” indicate the primary degree
required for the representative programs.

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm APPENDIX C: COMPENSATION DATA 57

Which of the following components are offered as part of the total compensation package
for associates DURING your development program?

offeRing RepoRting 25th %ile median 75th %ile fixed negotiaBle nR
xx xx x x x
meRit inCRease xx x xx xx xx x x x
xx xx x x x
BaCheloRs xx x xx xx xxx x x x
xxx xxx x x x
gRaduate x x xx x x x x x
xx xxx x x x
Cost of living adjustment x x xx xx xx x x x
xxx xxx x x x3
BaCheloRs x x xx xx xxx x x x
xx xxx x x x
gRaduate xxx x x x x x
x x x
individual taRget Bonus x x xx xxxxx xxxxxx x x x1
x x x x x1
BaCheloRs x x xx x x x x x2
x x x x x1
gRaduate x x xx x x x x x1
x x x x x
team taRget Bonus x x xx x x x x x1
x x x x x0
BaCheloRs x x xx x x x x x
x x x x x
gRaduate xxx x x x x x
x x x x x
pRofit shaRing Bonus x x xxxxx x x x
xxxxx xxxxxx x x x
BaCheloRs xxx xxxxx xxxxxx x x x1
xxxxx xxxxxx
gRaduate xxx

spot Bonus xxx

BaCheloRs xxx

gRaduate xxx

Retention Bonus xxx

BaCheloRs xxx

gRaduate xxx

equity gRant xxx

BaCheloRs xxx

gRaduate xxx

in‐pRogRam ReloCation x x xxxxx

BaCheloRs x x xxxxx

gRaduate x x xxxxx

otheR x

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


LdPcOnnEcT.cOm | LdPSURvEy.cOm | WROnSKITRaInIng.cOm APPENDIX C: COMPENSATION DATA 58

nOTES: •“NR” indicates organizations who offer the
•“Offering” represents the number of respondents who compensation element, but have not indicated whether
offer the compensation element. the element is fixed or variable.
•“Reporting” represents the number of respondents
providing numerical data for the compensation element.
•compensation data figures provided only where
a minimum of 5 responses reported.
•“bachelor” and “graduate” indicate the primary
degree required for the representative programs.

© WdR Enterprises, LLc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, LLc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm APPENDIX C: COMPENSATION DATA 60

Which of the following components are part of the total compensation that associates receive upon
COMPLETION your development program?

salaRy offeRing RepoRting 25th %ile median 75th %ile fixed vaRiaBle nR
BaCheloRs xx x xxxxxx xxxxxx xxxxxx x x x
gRaduate x x xxxxxx xxxxxx xxxxxx x x x
individual taRget Bonus x x xxxxxx xxxxxxx xxxxxxx x x x
BaCheloRs x x xxxxx xxxxx xxxxx x x x
gRaduate x x xxxxx xxxxx xxxxx x x x
team taRget Bonus x x xx x x x x
BaCheloRs x x xxxxx xxxxx xxxxxx x x x
gRaduate xxxx x x x x
pRofit shaRing Bonus x xx xx x x x
BaCheloRs x xx xx x x x2
gRaduate x xxx x x x x2
Retention Bonus xxxxx x x x0
BaCheloRs x xx xx x x2 x2
gRaduate xxxxx x x x2
equity gRant x xx x x x x x0
BaCheloRs xx xxx x x x0
gRaduate xxxxx x x x0
ReloCation paCkage x xx x x x x1 x0
BaCheloRs x x xxxxx xxxxx xxxxxx x x x
gRaduate x x xxxxx xxxxx xxxxxx x x x
otheR x x xxxxx xxxxx xxxxxx x x x
x x x x

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


LdPcOnnEcT.cOm | LdPSURvEy.cOm | WROnSKITRaInIng.cOm APPENDIX C: COMPENSATION DATA 61

nOTES: •“NR” indicates organizations who offer the
•“Offering” represents the number of respondents who compensation element, but have not indicated whether
offer the compensation element. the element is fixed or variable.
•“Reporting” represents the number of respondents
providing numerical data for the compensation element.
•compensation data figures provided only where
a minimum of 5 responses reported.
•“bachelor” and “graduate” indicate the primary
degree required for the representative programs.

© WdR Enterprises, LLc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, LLc.


LdPcOnnEcT.cOm | LdPSURvEy.cOm | WROnSKITRaInIng.cOm

LdP SURvEy ldpsurvey.com

The 2020 Survey of Practices for Early Career Development Programs: Third
Edition ("LDP Survey") is an assessment of how organizations manage,
recruit for and evaluate their talent development programs. The survey offers
organizations an opportunity to benchmark their practices, compensation
levels and retention rates against peers. Custom reports and additional data
analysis services are available. Contact [email protected] for
more information.

LdP cOnnEcT ldpconnect.com

LDP Connect provides research, events and support to the global community
of professionals who manage, support or recruit for early talent pipeline
program. Since 2012, LDP Connect has hosted the annual LDP Summit® – a
best practices conference featuring case studies of innovations, group
brainstorming sessions, bench-marking data on program practices, and
networking & idea sharing.

R . J. WROnSKI a SSOcIaTES , Inc . wronskitraining.com

R.J. Wronski Associates Inc. is an award-winning learning and leadership
development organization with global reach. We are the trusted partner for
organizations that take a strategic approach to their talent development. We
offer extensive experience in the creation and implementation of both early
career and experienced pipeline programs that attract, develop and retain
high potential employees. We distinguish ourselves through engaging
design, exceptional service and an unparalleled commitment to exceeding
expectations with each solution we deliver.

© WdR Enterprises, LLc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, LLc.


ldPcOnnEcT.cOm | ldPSURVEY.cOm | WROnSKITRaInIng.cOm 61

© WdR Enterprises, llc. no portion of this document may be reproduced
or distributed externally without the express written consent of WdR Enterprises, llc.


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