Regions Financial Corp.

Regions Financial Corp.

Birmingham, Ala.

Number of Employees: 15981

Number of IT Employees: 460

IT Employee Promotions in 2003: 18 percent

IT Employee Turnover in 2003: 3 percent

Percentage of women IT managers: 27 percent

Percentage of minority IT managers: 14 percent

Percentage of women IT staff: 40 percent

Percentage of minority IT staff: 25 percent

Training days offered per IT employee in 2003: 3

Training budget per IT employee in 2003*: US$550

What's special?

With some $48.5 billion in assets, Regions is one of the leading financial services providers in the nation, serving customers throughout the South with commercial and retail banking services and other financial services. A profit-sharing plan distributes a portion of the company's profits back to employees. The bank has never reduced its workforce, laid off workers or reduced salary during its 32-year history. An internal job posting program allows employees to bid on any position in the company. A new program gives selected IT employees the opportunity to work in all major areas of the IT division over a 12- to 18-month period.

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