Best Places to Work in IT 2016 Employer Profile

No. 11, Small

Commonwealth Financial Network

Waltham, Mass. [New England]
Commonwealth Financial Network

Why you want to work there

Top 10 rankings: No. 9 for retention, No. 10 for career development
The IT department at this Waltham, Mass.-based financial services company takes an agile, fast-paced approach to work. Micro-scrum teams meet and collaborate both in-person and virtually to produce the best products possible for Commonwealth's clients. Perks include prime seats and VIP access at concerts, baseball games and premium golf courses around the world. After three years of service, employees are eligible to stay for free in one of the chairman's 10 vacation homes at a skiing, beach or lakefront locale in the U.S. or the Caribbean.

Employee Statistics

Total U.S.-based employees: 774

Total U.S.-based IT employees: 222

IT employee turnover in 2015: 7%

IT promotions in 2015: 25%


Training days offered per IT employee in 2015: No set maximum

Training budget per IT employee in 2015: $5,000

PTO and Healthcare

Days of paid time off after one year of service: 17

Days of paid time off after 10 years of service: 29

Percentage of employee health insurance premium paid by employer: 80%