Best Places to Work in IT 2012 Employer Profile

No. 3

Commonwealth Financial Network

Waltham, Mass. [New England]
http://www.commonwealth.com
http://www.commonwealth.com/ProsEmployee/ProfessionalDevelopment_JobOpenings.asp

Why you want to work there

Top 10 rankings: No. 1 for retention, No. 2 for training
The unusually long tenures of IT employees at this financial services company in Waltham, Mass., speak to the firm's support for employee work/life balance. A unique perk for people who have worked at Commonwealth Financial for three years is a free stay at one of the company chairman's vacation homes on Cape Cod or in the Dominican Republic, Las Vegas, Florida or Maine.

Rank by company size:
Small, No. 2

Employee Statistics

Total U.S.-based employees:
519
Total U.S.-based IT employees:
134
IT employee turnover in 2012:
9%
IT promotions in 2012:
14%

Training

Training days offered per IT employee in 2012:
15
Training budget per IT employee in 2012:
$5,052

Women in IT

Total percentage of women within IT:
21%
Percentage of IT managers who are women:
0%
Percentage of IT staffers (non-managers) who are women:
23%

Minorities in IT

Total percentage of minorities within IT:
18%
Percentage of IT managers who are minorities:
0%
Percentage of IT staffers (non-managers) who are minorities:
20%