2012 Employer Profile
No.
3
Commonwealth Financial Network
http://www.commonwealth.com
Why you want to work there
Top 10 rankings: No. 1 for retention, No. 2 for training
The unusually long tenures of IT employees at this financial services company in Waltham, Mass., speak to the firm's support for employee work/life balance. A unique perk for people who have worked at Commonwealth Financial for three years is a free stay at one of the company chairman's vacation homes on Cape Cod or in the Dominican Republic, Las Vegas, Florida or Maine.
- Rank by company size:
- Small, No. 2
Employee Statistics
Total U.S.-based employees: 519
Total U.S.-based IT employees: 134
IT employee turnover in 2011: 9%
IT promotions in 2011: 14%
Training
Training days offered per IT employee in 2011: 15
Training budget per IT employee in 2011: $5,052
Women in IT
Total percentage of women within IT: 21%
Percentage of IT managers who are women: 0%
Percentage of IT staffers (non-managers) who are women: 23%
Minorities in IT
Total percentage of minorities within IT: 18%
Percentage of IT managers who are minorities: 0%
Percentage of IT staffers (non-managers) who are minorities: 20%