Scottrade named 16th Best Place to Work in IT by Computerworld
Scottrade recognized for its Above & Beyond program, which rewards associates who exceed expectations on the job
ST. LOUIS--(BUSINESS WIRE)--Scottrade, a leading branch-supported online investment firm, announced today that it has been selected as No. 16 on IDG’s Computerworld magazine’s list of the best workplaces for information technology professionals. This is the first time that Scottrade has been named to the Computerworld list. The ranking comes just months after FORTUNE magazine named Scottrade one of its 100 Best Companies to Work For in America.
“I love coming to work and seeing my team that I work closely with every day. We have a great culture. I love how we promote from within to create opportunities and career paths for lots of different people – including myself.”
Scottrade, which has more than 2,000 associates and 358 branch offices nationwide, is a rapidly-growing organization that relies on IT for the core of its business. This has led to tremendous career advancement opportunities for Scottrade IT associates. In 2007, more than 55 percent of IT positions were filled internally. Currently, Scottrade has more than 60 IT positions available and anticipates a 70 percent increase in IT staff in 2008.
“This recognition as one of the Best Places to Work in IT is an incredible honor for Scottrade and all of our associates,” said Scottrade Founder, President and CEO Rodger Riney. “Our IT department has experienced a tremendous amount of growth throughout the past several years. This has allowed us to bring in a group of talented, hardworking and collaborative individuals who play a crucial role in the overall success of this organization.”
In addition to the collection of outstanding benefits that are available to all Scottrade associates, such as a generous 401(k) match and wellness and tuition reimbursement programs, IT associates have the rare opportunity to learn about and interact with the latest state-of-the-art technology. In addition, the majority of Scottrade’s customer-facing applications are custom-developed, in-house applications, providing unique opportunities for IT associates.
Scottrade’s Above & Beyond program allows associates at all levels to recognize performances that exceed expectations through e-cards and awards that carry points for a job well done. Points can be redeemed for prizes that range from gift cards to all-expenses-paid vacations.
The firm’s fast-paced environment and cutting-edge technology has lent itself to a relatively young IT staff – the average age within IT is 35. Associates have the opportunity to take on responsibility and have an immediate impact.
“Recent college graduates join the company and bring new ideas to the table from day one,” said Ian Patterson, Scottrade Chief Information Officer. “Because Scottrade moves so quickly without a lot of red tape, employees actually see things happen, which is motivating.”
“Scottrade’s IT department works in a collaborative environment in which creativity and innovation are welcomed and encouraged,” Patterson said. “Nothing is more fulfilling than watching the IT department use their innovative skills and knowledge to benefit themselves and this company.”
Jamie Kuttenkuler, Scottrade’s Manager of End User Technology, has been with Scottrade for five years and has been promoted twice before reaching her current position.
“Everyone is so helpful, patient and friendly,” Kuttenkuler said. “I love coming to work and seeing my team that I work closely with every day. We have a great culture. I love how we promote from within to create opportunities and career paths for lots of different people – including myself.”
Since 1994, Computerworld’s annual “Best Places to Work in IT” feature has ranked the top 100 work environments for technology professionals, based on a comprehensive questionnaire regarding company offerings in categories such as benefits, diversity, career development, training and retention. In addition, Computerworld conducted an extensive survey of Scottrade’s IT workers, and their responses factor heavily in determining the rankings.
“Being among the Best Places to Work in IT means crafting a blend of employee advantages that includes the potential for flexible hours, competitive pay, excellent benefits, a supportive leadership environment, opportunities for ongoing training and advancement, and ultimately, the feeling that you’d like to stay with the company a long, long time,” said Scot Finnie, editor-in-chief of Computerworld.
The Computerworld ranking is just one of several notable IT recognitions and awards that Scottrade and its IT leadership has received in the last year:
The Best Places to Work in IT ranking will appear in the June 30 issue of the magazine and online at Computerworld.com.
Scottrade is a leader in online investing, serving individual investors who are comfortable making their own investment decisions. Scottrade is unique in the industry because it boasts low commission rates while offering the largest branch network among online brokerages, with 358 local branch offices nationwide. In October, Scottrade was named Highest in Investor Satisfaction by J.D. Power and Associates for the seventh time. Scottrade.com is the online trading site of Scottrade, Inc. and offers customers the convenience of placing many orders online for just $7 per trade. In addition to its online capabilities, Scottrade staffs each easily accessible branch location with a branch manager plus additional brokers and assistants. In January 2008, Scottrade was named as one of FORTUNE magazine’s “100 Best Companies to Work For” in America. For more, visit www.scottrade.com or www.scottrade.com/careers.
Computerworld is the leading source of technology news and information for IT influencers worldwide. Computerworld’s award-winning weekly publication, Computerworld.com Web site (www.computerworld.com), focused conference series and custom research form the hub of the world’s largest (40+ edition) global IT media network. In the past five years alone, Computerworld has won more than 100 awards, including Folio Magazine's 2006 Gold EDDIE Award for the best technology/computing magazine, the 2004 and 2006 Magazine of the Year Award, and 2006 Best Overall Web Publication from the American Society of Business Publication Editors (ASBPE). Computerworld leads the industry with a print audience of 1,252,000 readers each week (IntelliQuest CIMS Spring 2006) and an online audience of over 2 million unique monthly visitors (Omniture).
Computerworld is a business unit of International Data Group (IDG), the world's leading technology media, events, and research company. IDG’s online network includes more than 450 Web sites spanning business technology, consumer technology, digital entertainment and video games worldwide. IDG publishes more than 300 magazines and newspapers in 85 countries including CIO, CSO, Computerworld, GamePro, InfoWorld, Macworld, Network World, and PC World. IDG’s lead-generation service, IDG Connect, matches technology companies with an audience of engaged, high-quality IT professionals, influencers, and decision makers.
IDG is a leading producer of more than 750 technology-related events including Macworld Conference & Expo, LinuxWorld Conference & Expo, Entertainment for All Expo (E for All), DEMO, and IDC Directions. IDC, a subsidiary of IDG, is the premier global provider of market intelligence, advisory services, and events. Over 900 IDC analysts in more than 90 countries provide global, regional, and local expertise on technology and industry opportunities and trends. Additional information about IDG, a privately held company, is available at http://www.idg.com.