Best Places to Work in IT 2009 Employer Profile

No. 37

The Mitre Corp.

McLean, Va. [South Atlantic]
http://www.mitre.org
http://www.mitre.org/employment/index.html

Why you want to work there

The most popular benefit at this not-for-profit science and engineering organization, which is located in McLean, Va., is the retirement program. This defined contribution plan has a 99% employee participation rate and includes employer matches for both the basic level of employee contributions and the additional voluntary contributions. Employees participating in all levels of the plan can contribute up to the maximum amount allowed by law, with the company contributing up to approximately 11% of an individual's salary. There are more than 100 available investment options for employees to choose from, as well as a loan feature. When it comes to receiving payments upon retirement, employees have a number of options to choose from, ranging from lump sums to lifetime annuities. Also, employees are vested immediately for all contributions. The program also features a phased retirement option, which allows those who are 59 years, six months or older to work a part-time schedule and simultaneously access a portion of their accumulated retirement account balance. The company also allows employees to take advantage of a flexible work arrangement program, subject to management approval. Options include flextime, telecommuting, part-time employment and job-sharing, and employees can take advantage of those options on either an occasional or an ongoing basis. In addition, a special summer hours program allows employees who have satisfied both their work and work-hour commitments to leave early on Fridays.

Rank by company size:
Medium, No. 9

Employee Statistics

Total U.S.-based employees: 6,954

Total U.S.-based IT employees: 362

IT employee turnover in 2008: 5%

IT promotions in 2008: 6%

Training

Training days offered per IT employee in 2008: 6

Training budget per IT employee in 2008: $2,900

Women in IT

Total percentage of women within IT: 30%

Percentage of IT managers who are women: 30%

Percentage of IT staffers (non-managers) who are women: 30%

Minorities in IT

Total percentage of minorities within IT: 18%

Percentage of IT managers who are minorities: 8%

Percentage of IT staffers (non-managers) who are minorities: 20%