Minnesota Life Insurance Co.
Number of Employees: 2175
Number of IT Employees: 397
IT Employee Promotions in 2003: 11 percent
IT Employee Turnover in 2003: 4 percent
Percentage of women IT managers: 53 percent
Percentage of minority IT managers: 3 percent
Percentage of women IT staff: 44 percent
Percentage of minority IT staff: 7 percent
Training days offered per IT employee in 2003: 8
Training budget per IT employee in 2003*: US$2166
This company offers individual and group life and disability insurance and annuities, and through its subsidiaries, asset management, advisory programs, mutual funds and annuities. The majority of IT hiring is at the entry-level, with the intent to train and grow associates to the senior technical and managerial positions. Benefits include onsite childcare, continuing education, technical and managerial training and tuition reimbursement. The company has never laid off an IT worker.