Best Places to Work in IT 2009 Employer Profile

No. 25

Prudential Financial Inc.

Newark, N.J. [Middle Atlantic]

Why you want to work there

Employees at this Newark, N.J.-based life insurer, the second largest in the U.S., put a high value on the company's Total Rewards package. Many features of this benefits and compensation program are available at no cost to employees and are available to them soon after they are hired. One aspect of the package is recognition -- the company has more than 40 formal recognition programs. There are also nonmonetary recognition programs, including the Prudential Service Recognition Program, which recognizes significant milestone anniversaries. Other programs within the Total Rewards package include a performance-based bonus, a stock purchase plan, training and development opportunities, health screenings, support for volunteerism and charitable giving, adult and elder care services, and health coaching. Also offered are adoption and foster care support, college scholarships for employees' children through the Prudential Foundation, alternative work arrangements, life coaching, paid personal and volunteer days off, medical care and retirement plans.

Rank by company size:
Large, No. 17

Employee Statistics

Total U.S.-based employees: 20,571

Total U.S.-based IT employees: 2,177

IT employee turnover in 2008: 5%

IT promotions in 2008: 8%


Training days offered per IT employee in 2008: 5

Training budget per IT employee in 2008: $2,000

Women in IT

Total percentage of women within IT: 36%

Percentage of IT managers who are women: 27%

Percentage of IT staffers (non-managers) who are women: 39%

Minorities in IT

Total percentage of minorities within IT: 29%

Percentage of IT managers who are minorities: 20%

Percentage of IT staffers (non-managers) who are minorities: 31%