Best Places to Work in IT 2011 Employer Profile

No. 44

Scottrade Financial Services Inc.

St. Louis [North Central]

Why you want to work there

IT employees at this St. Louis-based online brokerage are in the know. They stay up to date on the latest changes in their department and the company as a whole through CIO Ian Patterson's blog, which is hosted on the Scottrade intranet. A host of benefits include a 401(k) matching program, tuition reimbursement and reimbursement for wellness programs, plus other healthcare-related offerings. IT professional's playground In the past year, IT employees redeveloped the Scottrader Streaming Quotes technology, created systems to support the Scottrade Bank and developed the company's customer relationship management program. The company's e-learning program, Scottrade University, helps employees develop skills in general business disciplines or industry-specific specialties. A tuition reimbursement plan benefits employees who choose to pursue degrees and certifications externally. Up the ladder In 2010, 21% of Scottrade's IT associates were promoted. The company offers quarterly bonuses based on a combination of company and employee performance. It also offers discretionary bonuses to recognize employees who turn in outstanding performances by, for example, contributing to special projects or working extra hours to help an understaffed team. The "Get Invested" rewards program allows employees to recognize one another on the spot for exceeding job expectations. Recognition can come in the form of e-cards, scratch tickets or nominations for company awards. Employees who receive awards get points that they can redeem for prizes.

Rank by company size:
Medium, No. 12

Employee Statistics

Total U.S.-based employees: 3,518

Total U.S.-based IT employees: 693

IT employee turnover in 2010: 10%

IT promotions in 2010: 21%


Training days offered per IT employee in 2010: 10

Training budget per IT employee in 2010: $1,749

Women in IT

Total percentage of women within IT: 28%

Percentage of IT managers who are women: 29%

Percentage of IT staffers (non-managers) who are women: 28%

Minorities in IT

Total percentage of minorities within IT: 22%

Percentage of IT managers who are minorities: 7%

Percentage of IT staffers (non-managers) who are minorities: 24%