Best Places to Work in IT 2010 Employer Profile

No. 17

Chesapeake Energy Corp.

Oklahoma City [South Central]

Why you want to work there

Top 10 ranking: No. 9 for retention Money talks at this oil and gas exploration and production company in Oklahoma City. All employees are awarded salary, bonus and stock increases twice a year, with pay raises averaging 12% of their current salaries and bonuses averaging 11% to 14% of salary. As part of Chesapeake's Fleet Award Program, employees who drive company vehicles are eligible to receive up to $750 and enter a raffle to win a pre-owned company vehicle with an estimated value of $10,000. The company also has honors veteran employees for their dedication and commitment with cash awards of $1,000 after five years of service, $1,500 after 10 years, $2,500 after 15 years, and $3,500 after 20 years. Moreover, the honorees receive gifts of their choosing, and those who reach the 20-year mark also receive a $5,000 trip (covering airfare, lodging and entertainment). Health in focus: Through an innovative health incentive program, employees can earn up to $1,500 per year by meeting certain goals, such as attending a specific number of lunchtime workshops, volunteering, passing health check screenings conducted on-site, exercising for 30 minutes a day at least three times a week, and maintaining or working toward a healthy body weight. A 72,000-square-foot fitness center includes two cardio rooms, two strength and conditioning rooms, an Olympic-size pool, a rock climbing wall, a full-size basketball court, a half-size basketball court, an outdoor sand volleyball court, three racquetball/squash courts, an outdoor walking track, three large group exercise rooms and full-service locker rooms. The subsidized cost of membership is $10 per month for individuals and $25 for families.

Read more about this Best Place to Work.

Rank by company size:
Medium, No. 6

Employee Statistics

Total U.S.-based employees: 8,113

Total U.S.-based IT employees: 411

IT employee turnover in 2009: 15%

IT promotions in 2009: 8%


Training days offered per IT employee in 2009: 3

Training budget per IT employee in 2009: $1,209

Women in IT

Total percentage of women within IT: 23%

Percentage of IT managers who are women: 22%

Percentage of IT staffers (non-managers) who are women: 23%

Minorities in IT

Total percentage of minorities within IT: 14%

Percentage of IT managers who are minorities: 7%

Percentage of IT staffers (non-managers) who are minorities: 16%