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Employer Profile

No. 43
Northwestern Mutual
Milwaukee, [North Central]
Why You Want to Work There
An employee can find a lot to like at this Milwaukee-based life insurance company. There are 29 employee clubs offering company-subsidized activities across a broad range of interests, including sports, hobbies and professional growth. Northwestern Mutual also offers employees both a fully funded defined benefit pension plan and a 401(k) defined contribution plan with a 50% match on the first 6% an employee contributes. Other benefits include an on-site fitness center, adoption assistance, transportation assistance, educational assistance, discount and rebate programs, and laundry, photo, shipping and auto services. To promote networking and mentoring, the company sponsors a business lunch program at no cost to all employees and contract staff. The IT department implemented a Resource Center model where one manager serves as the day-to-day workgroup manager handling technology-related deliverables (software, hardware and infrastructure), client relationship and budgets; and the second manager, known as the resource manager, works with the staff on career development and performance management and supports the workgroup manager with staffing-related activities. The IT department's recognition program includes spot bonuses, a professional achievement award and an award that focuses on teamwork successes. Cash compensation programs include annual merit increases and bonus programs. New this year: An on-site health clinic staffed by a physician, nurse practitioners and registered nurses treats basic and urgent-care conditions, with a strong focus on healthy lifestyles and employee well-being.
Rank by company size Medium, No. 13
Employee Statistics
Total employees 5,039
Total IT employees 1,136
IT employee turnover in 2009 6%
IT employee promotions in 2009 1%
Training
Training days offered per IT employee in 2009 5
Training budget per IT employee in 2009 $1,400
Women in IT
Total percentage of women within IT 34%
Percentage of IT managers who are women 35%
Percentage of IT staff who are women 33%
Minorities in IT
Total percentage of minorities within IT 12%
Percentage of IT managers who are minorities 3%
Percentage of IT staff who are minorities 13%