Best Places to Work in IT 2009 Employer Profile

No. 22

Commonwealth Financial Network

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

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 U.S.-based employees: 447

Total U.S.-based IT employees: 99

IT employee turnover in 2008: 6%

IT 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 staffers (non-managers) 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 staffers (non-managers) who are minorities: 24%