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100 Best Places to Work in IT 2009

Employer Profile

No. 22
Commonwealth Financial Network
Waltham, Mass. [New England]
Why You Want to Work There
Top 10 ranking: No. 10 for training Job advancement and education go hand in hand, and this financial services company in Waltham, Mass., offers a combination of in-house and off-site classes to help train its IT workers in the latest technologies. The company also offers telecommuting arrangements and flexible schedules. After three years of service, employees are eligible to "rent" (free of charge) the CEO's vacation homes for private use. The options include two fully furnished ski condos in Sunday River, Maine, a property in the Dominican Republic and two condos at the Ritz Carlton in Key Biscayne, Fla.
Rank by company size Small, No. 4
Employee Statistics
Total employees 447
Total IT employees 99
IT employee turnover in 2008 6%
IT employee promotions in 2008 12%
Training
Training days offered per IT employee in 2008 25
Training budget per IT employee in 2008 $7,000
Women in IT
Total percentage of women within IT 26%
Percentage of IT managers who are women 13%
Percentage of IT staff who are women 29%
Minorities in IT
Total percentage of minorities within IT 21%
Percentage of IT managers who are minorities 6%
Percentage of IT staff who are minorities 24%