IT Job Satisfaction and Morale on the Rise, Finds IDG’s Computerworld in ”Best Places to Work in IT” Survey
FRAMINGHAM, MA – June 30, 2005 – Overall job satisfaction and morale remain high for technology workers at the top 100 employers, according to IDG's Computerworld. In its 12th annual survey of information technology (IT) professionals, published this week, 78% of nearly 21,000 respondents rate employee morale at their companies as excellent, very good or good. In addition, the top 100 Best Places to Work in IT reported a 3% decrease in the number of IT employees laid off in the previous year and a 7% increase in workers who feel their jobs are secure. Also, offshoring continues to increase, as the Best Places respondents reported using an average of 69 offshore contractors, up from an average of 47 employed last year, the survey found.
Computerworld's 12th annual Best Places to Work in IT feature ranks the top 100 work environments for technology professionals based on extensive IT employee surveys and a comprehensive questionnaire regarding company offerings in categories such as benefits, diversity, career development, training and retention. The ranking appears in this week's print issue of Computerworld and is available online at Computerworld.com.
Key to determining this year's rankings were surveys of approximately 21,000 employees from all levels at companies considered for the list. Other key findings include:
— 71% are very satisfied or satisfied with their current salary.
— 71% are very satisfied or satisfied with work/life balance.
— Stress levels remain high, as 81% reported their work environments as being very stressful, stressful or somewhat stressful.
Survey respondents were also asked about top desired benefits. Not surprisingly, paid vacation time tops the list followed by health insurance, profit sharing and flexible work schedules.
Computerworld's Top 10 Best Places to Work in IT for 2005 are:
1. Quicken Loans, Inc. – Livonia, Mich.
2. University of Miami – Coral Gables, Fla.
3. American Fidelity Assurance Co. – Oklahoma City, Okla.
4. American Century Investments – Kansas City, Mo.
5. Network Appliance, Inc. – Sunnyvale, Calif.
6. Qualcomm, Inc. – San Diego, Calif.
7. Securian Financial Group – St. Paul, Minn.
8. University of Pennsylvania – Philadelphia, Penn.
9. Universal Health Services – King of Prussia, Penn.
10. The Mitre Corp. – McLean, Va.
"This year's Best Places to Work list represents companies that recognize a strong commitment to employees is synonymous with creating a high-quality and productive IT work environment," said Don Tennant, editor in chief of Computerworld. "Once again, we found that IT professionals are looking for rewarding and challenging projects, access to leading-edge technologies, career growth and development, and a comfortable work/life balance. Our Best Places companies not only offer these benefits, but do so in a manner that goes well above industry norms."
In order to be considered for the Best Places to Work, companies need to have a minimum of $250 million in annual revenue and 100 IT employees. The average Best Places to Work company has been in business for 73 years with annual revenues of $9.3 billion, which contributed to an average IT budget of $291 million. In addition, Best Places to Work averaged more than 34,629 total employees, with IT departments of 1,045.
Visit http://www.computerworld.com/bestplaces2005 to view a complete list of 100 Best Places to Work findings. This site also features a detailed methodology, interactive charts and graphs, and additional rankings for specific categories, including benefits, retention, career development, diversity and training. To speak to a Computerworld editor for more information, please contact Steve Sylven, Marenghi Public Relations, at (781) 915-5015 or firstname.lastname@example.org.
Computerworld, the "Voice of IT Management," is the most trusted source for the critical information needs of senior IT management. Computerworld's integrated offerings form the U.S.-based hub of the world's largest (58-edition) global IT media network through its weekly publication, Computerworld.com Web site, focused conference series and custom research. In the past five years alone, Computerworld has won more than 100 print and online awards for editorial and design excellence, surpassing its direct competition by an order of magnitude. Recognition includes the 2004 Magazine of the Year Award from the American Society of Business Publication Editors and a Jesse H. Neal Award for "Best News Coverage." In print since 1967, Computerworld is the source for information technology management, with a guaranteed rate base of 180,050, a total print audience of 1,138,000 (IntelliQuest CIMS 2004 Business Influencer Study) and an online audience of over 1.1 million unique monthly visitors (DoubleClick).
Computerworld is a business unit of International Data Group (IDG), the world's leading technology media, research and events company. A privately held company, IDG publishes more than 300 magazines and newspapers, including Bio-IT World, CIO, CSO, Computerworld, GamePro, InfoWorld, Network World and PC World. The company features the largest network of technology-specific Web sites, with more than 400 around the world. IDG is also a leading producer of more than 170 computer-related events worldwide, including LinuxWorld Conference & Expo(R), Macworld Conference & Expo(R), DEMO(R) and IDC Directions. IDC provides global market research and advice through offices in 50 countries. Company information is available at http://www.idg.com.
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