Best Places to Work in IT 2011 Employer Profile

No. 25

CME Group Inc.

Chicago [North Central]
http://www.cmegroup.com
http://www.cmegroup.com/company/careers

Why you want to work there

Top 10 ranking: No. 2 for career development A cross-section of IT employees at this Chicago-based company, which owns the Chicago Mercantile Exchange and the Chicago Board of Trade, came together recently to plan and execute the company's first internal technology fair. A similar group of IT employees launched the company's first-ever technology career fair. Better balance A formal work/life balance program has developed plans to decrease the number of weekends worked, increase efficiency of communication, and improve work schedule flexibility. IT work/life balance policies address remote access, flextime and "grant days." The grant-day policy allows exempt employees to take a half or full day off after working a certain number of hours beyond their normal workdays. The remote access policy allows employees to work from off-site locations, and the flextime policy accommodates a variety of schedules, including compressed workweeks. New this year Bonus programs were modified to provide higher bonus payout opportunities for the strongest performers. Each year, the company provides associate directors, directors and managing directors with an annual grant of stock options and restricted stock. All other employees are eligible to receive annual equity awards based on individual performance.

Rank by company size:
Small, No. 4

Employee Statistics

Total U.S.-based employees: 2,443

Total U.S.-based IT employees: 858

IT employee turnover in 2010: 7%

IT promotions in 2010: 17%

Training

Training days offered per IT employee in 2010: 4

Training budget per IT employee in 2010: $1,935

Women in IT

Total percentage of women within IT: 18%

Percentage of IT managers who are women: 15%

Percentage of IT staffers (non-managers) who are women: 19%

Minorities in IT

Total percentage of minorities within IT: 41%

Percentage of IT managers who are minorities: 29%

Percentage of IT staffers (non-managers) who are minorities: 46%