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Tuesday, June 23, 2009
BAE Systems Ranks Among 100 Best Places to Work in Information Technology
Comtex
MCLEAN, Va., Jun 23, 2009 (BUSINESS WIRE) ----Computerworld has named BAE Systems one of the 100 Best Places to Work in Information Technology for 2009. The annual selection of the top 100, a coveted honor among IT businesses, is based on Computerworld's in-depth review of the quality of a company's IT work environment.
"The most talented people in IT have their choice of employers, just as our customers have their choice of suppliers, and we see a strong link between the two," said Gene Glazar, president of information solutions for BAE Systems. "Attracting and retaining the best in IT demands a caring work environment, a growing business, access to cutting-edge technology, and the chance to truly make a difference."
The company's 1,000 IT workers serve 54,000 fellow employees onsite and through regional support offices across BAE Systems. Capabilities include network management, centralized service-desk management for U.S. locations, and integrated management of the company's active directory services, which connect personnel with technology used to run the business.
"To be among the best places to work in IT, it's not enough just to seek out and hire the most talented IT people, offer them competitive pay, and provide great benefits," said Scot Finnie, Computerworld editor-in-chief. "The organizations that made this year's Best Places to Work list sustain a dynamic work environment in which IT professionals keep their hands on the latest technologies and work on projects that are business-critical. In the months and years ahead, IT is going to become a key accelerator of business growth."
Computerworld's Best Places to Work in IT list is an annual ranking of the top 100 work environments for technology professionals, based on a comprehensive questionnaire regarding categories such as benefits, diversity, career development, training, and retention. Computerworld also conducts extensive surveys of IT workers. Their responses factor heavily in determining the rankings.
The Best Places to Work in IT feature appeared in the June 15 issue of Computerworld and online at www.computerworld.com/2009bestplaces.
About BAE Systems
BAE Systems is the premier global defense, security and aerospace company delivering a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. With approximately 105,000 employees worldwide, BAE Systems' sales exceeded GBP 18.5 billion (US $34.4 billion) in 2008.
SOURCE: BAE Systems
BAE Systems Sue Cushing Tel: +1-703-668-4025 Mobile: +1-571-926-7424 sue.cushing@baesystems.com or Shannon Smith Tel: +1-703-907-8257 Mobile: +1-703-967-3854 shannon.n.smith@baesystems.comwww.baesystems.com
Copyright Business Wire 2009
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Some mutual funds want you to pay for the privilege of them (or your investment adviser) taking your money to invest. It's called a load, and it works like a cover charge to get into a nightclub. Luckily, there are such things as no-load funds. As the name implies, shares of these funds are sold without a fee paid to a broker or investment advisor.
The entire amount you invest in no-load funds goes to work for your returns. On the other hand, with load funds, right off the bat you're charged commission (not to mention other fees incurred over the life of the investment). Let's say, for example, you invest $25,000 into a load fund that charges a 5% commission. This costs you $1,250 off the top, bringing your actual investment down to only $23,750.
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But some argue that at times that man in the trench coat (aka your broker) knows more about the horses than you do, and has a better shot at picking a winner. Also, sometimes these fees are unavoidable because some funds are available only through investment advisers.
Cost-benefit analysis can help determine when a load fund is worth it (in other words, when it will score you a load) and when it is better to "do it yourself" and avoid the fees. Load-fund fees range depending on share class and can cover a variety of costs, such as paper work and fund management.
