Best Places to Work in IT 2011 Employer Profile

No. 7

Chesapeake Energy Corp.

Oklahoma City [South Central]

Why you want to work there

Top 10 ranking: No. 2 for retention IT at this oil and gas exploration and production company in Oklahoma City is viewed as core -- not cost. IT staffers get their hands on first-class technology and are exposed to industry-leading business practices. Fitness first Chesapeake's 72,000-square-foot fitness center is a favorite employee perk, offering two complete cardio rooms, two strength and conditioning rooms, a junior Olympic-size swimming pool, a 25-foot rock-climbing wall, one full-size basketball court, one half-size basketball court, an outdoor sand volleyball court, three racquetball/squash courts, an outdoor walking track, three large group exercise rooms, an XRKade (for active gaming) and seven tanning beds. The center also offers more than 70 group exercise classes per week, recreation leagues and tournaments, weight-loss programs, youth programs, maternity fitness programs, online exercise and workout libraries, personal trainers, and a corporate nutritionist. Employees are paid to work out through a Living Well program, which offers up to $1,500 per year per employee for exercising, weight maintenance and active participation in various wellness activities. Money talks All employees are awarded salary, bonus and stock increases twice a year. In 2009, companywide cash increases averaged about 5%, and bonuses averaged about 17%. In addition, employees are awarded restricted stock grants upon hire, and twice a year through the performance management process.

Rank by company size:
Large, No. 6

Employee Statistics

Total U.S.-based employees: 10,017

Total U.S.-based IT employees: 504

IT employee turnover in 2010: 5%

IT promotions in 2010: 18%


Training days offered per IT employee in 2010: 4

Training budget per IT employee in 2010: $1,475

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: 15%

Percentage of IT managers who are minorities: 7%

Percentage of IT staffers (non-managers) who are minorities: 17%