Issue link: https://nebusinessmedia.uberflip.com/i/1194723
12 Hartford Business Journal • December 23, 2019 • www.HartfordBusiness.com Source: Each employer via survey. Notes: Stamford's Pitney Bowes Inc. does not disclose employee figures by state. Unable to confirm data for City of New Haven, with 4,816 employees in 2017. (a) As of August 2019. (b) Best estimate as of first pay period in August. (c) FTE = 16,393. (d) On Nov. 26, announced plans to split the conglomerate into 3 separate companies following the $30 billion acquisition of Iowa-based Rockwell Collins. In June, UTC announced it plans to merge with Massachusetts defense contractor Raytheon in a $120 billion deal. The combined company would be based in Massachusetts. (e) Fall 2018 count. (f) Figure from fall 2017; A new methodology for reporting employee counts to the U.S. Department of Education was employed in 2017. For a consistent year-over-year comparison, the employee count would have been 16,339 using the former methodology. (g) Company did not respond to survey. (h) Data from 2018. (i) Became president in Oct. 2019. —Compiled by Roger Magnus Research. THE LISTS Connecticut's largest employers Ranked by number of Connecticut employees as of September 2019 Connecticut's largest employers (Ranked by number of Connecticut employees as of September 2019) Rank Employer Conn. employees 2019/ 2018 Total employees 2019/ 2018 Type of business Person(s) in charge/ Year founded 1 State of Connecticut State Capitol, 210 Capitol Ave. Hartford, CT 06106 860-566-4840; www.ct.gov 57,714 (a) 57,889 (b) 57,714 (a) 57,889 (b) State government Ned Lamont Governor 1788 2 Yale New Haven Health System 789 Howard Ave. New Haven, CT 06519 203-688-4608; www.yalenewhavenhealth.org 24,365 (c) 19,416 NA 20,354 Healthcare system Marna Borgstrom President & CEO 1996 3 Hartford HealthCare 1 State St., Suite 19 Hartford, CT 06103 860-263-4100; hartfordhealthcare.org 19,514 18,652 19,550 18,673 Healthcare system Jeffrey Flaks President & CEO 1985 4 United Technologies Corp. (d) 10 Farm Springs Road Farmington, CT 06032 860-728-7000; www.utc.com 19,000 18,000 240,000 204,700 Aerospace, elevator, fire, security, air conditioning, building automation, and heating and cooling industries Gregory J. Hayes Chairman & CEO 1929 5 Yale University 105 Wall St. New Haven, CT 06511 203-432-4771; yale.edu 16,089 (e) 14,440 (f) NA 14,440 (f) University Peter Salovey President 1701 6 General Dynamics Electric Boat (g) 75 Eastern Point Road Groton, CT 06340 860-433-3000; www.gdeb.com 11,862 (h) 11,862 17,053 (h) 17,053 Design, build and life cycle support for U.S. nuclear submarines Kevin Graney President (i) 1899 7 University of Connecticut 115 N. Eagleville Road Storrs, CT 06269 860-486-2000; www.uconn.edu 9,202 9,760 9,619 9,916 Primary state university Thomas C. Katsouleas President 1881 8 Wal-Mart Stores Inc. NA NA, CT 800-925-6278; www.walmart.com 8,345 8,835 2,200,000 2,200,000 Retail Doug McMilllon President & CEO 1962 9 Sikorsky, a Lockheed Martin Company 6900 Main St. Stratford, CT 06615 800-946-4337; www.lockheedmartin.com/en-us/ capabilities/sikorsky.html 7,628 7,900 13,000 (j) 12,000 Helicopter design, manufacture and service Dan Schultz President 1925 10 The Travelers Cos. Inc. 1 Tower Square Hartford, CT 06183 860-277-0111; www.travelers.com 7,400 (k) 7,400 (k) 30,000 (k) 30,000 (k) Property and casualty insurer Alan D. Schnitzer Chairman & CEO 1864 11 Mohegan Sun 1 Mohegan Sun Blvd. Uncasville, CT 06382 888-226-7711; mohegansun.com 7,000 7,150 NA 7,150 Entertainment, gaming, dining, shopping, hotel, spa and meetings and conventions Ray Pineault President & general manager 1996 12 The Hartford One Hartford Plaza Hartford, CT 06155 860-547-5000; www.thehartford.com 6,600 6,800 19,000 18,500 Property and casualty insurance, group benefits, and mutual funds Christopher J. Swift Chairman & CEO 1810 13 Trinity Health Of New England (l) 1000 Asylum Ave. Hartford, CT 06105 860-714-1900 ; www.trinityhealthofne.org 6,491 (m) 6,491 (m) 6,491 (m) 6,491 (m) Hospital Reginald J. Eadie President & CEO 2015 14 UnitedHealth Group (UnitedHealthcare) 185 Asylum St. Hartford, CT 06103 860-702-5000 ; www.uhc.com 5,791 (n) 4,214 (o) 260,000 270,000 Medicare, commercial and individual health plans Stephen Farrell CEO, UnitedHealthcare of New England 1974 15 Foxwoods Resort Casino 350 Trolley Line Blvd. Mashantucket, CT 06338 800-369-9663; www.foxwoods.com 5,500 5,500 NA 5,500 Hospitality, entertainment, gaming, retail, dining, golf, spa and hotel John J. James (p) President & CEO 1992 16 Aetna Inc., a CVS Health business (q) 151 Farmington Ave. Hartford, CT 06156 860-273-0123; www.aetna.com 5,275 (h) 5,275 48,290 (h) 48,290 Traditional, voluntary and consumer-directed health insurance products and related services Karen Lynch (r) President, Aetna Business Unit & EVP, CVS Health 1853 17 Athena Health Care Systems 135 South Road Farmington, CT 06032 860-751-3900; athenahealthcare.com 5,197 4,882 10,033 9,697 Skilled nursing and rehabilitation facilities, home health and hospice, assisted living Lawrence Santilli President & CEO 1984 18 Cigna Corp. 900 Cottage Grove Rd. Bloomfield, CT 06002 860-226-6000; www.cigna.com 4,700 4,700 74,000 (s) 45,000 (s) Global health services including medical, dental, behavioral health, pharmacy, vision and supplemental benefits David M. Cordani President & CEO 1792 Source: Each employer via survey. Notes: Stamford's Pitney Bowes Inc. does not disclose employee figures by state. Unable to confirm data for City of New Haven, with 4,816 employees in 2017. (a) As of August 2019. (b) Best estimate as of first pay period in August. (c) FTE = 16,393. (d) On Nov. 26, announced plans to split the conglomerate into 3 separate companies following the $30 billion acquisition of Iowa-based Rockwell Collins. In June, UTC announced it plans to merge with Massachusetts defense contractor Raytheon in a $120 billion deal. The combined company would be based in Massachusetts. (e) Fall 2018 count. (f) Figure from fall 2017; A new methodology for reporting employee counts to the U.S. Department of Education was employed in 2017. For a consistent year-over-year comparison, the employee count would have been 16,339 using the former methodology. (g) Company did not respond to survey. (h) Data from 2018. (i) Became president in Oct. 2019. (j) There are a total of 105,000 Lockheed Martin employees. (k) Employee figures are approximate. (l) Includes St. Francis Hospital, Mount Sinai Rehabilitation Hospital and Johnson Memorial Hospital. Company did not respond to survey. (m) Figure from 2017. (n) An additional 758 contractors. (o) An additional 824 contractors. (p) As of Aug. 12, 2019, succeeded interim CEO Rodney A. Butler. (q) Aquired by Woonsocket, R.I.-based CVS for $69 billion, effective Nov. 28, 2018; Aetna will remain headquartered in Hartford. Company did not respond to survey. (r) Karen Lynch succeeded Mark Bertolini as Aetna's top executive following the CVS deal. (s) Worldwide. —Compiled by Roger Magnus Research. major nonprofits and unions. They'll receive support from 19 ex-officio members, including UConn President Thomas Katsou- leas, agency commissioners and the state's newly named manufac- turing czar, Colin Cooper. The buy-in from major compa- nies and executives may be the biggest difference between the former Connecticut Employment and Training Commission and Lamont's renamed version, which isn't armed with significant new authority or funding. Administration officials say the stature of the council's members aims to send a signal that the gover- nor is serious about workforce needs. "The people at the table need to be those with the most skin in the game and who are the direct decision mak- ers," said Nick Simmons, Lamont's manager of strategic initiatives and his workforce-council point man. Simmons, a Yale alum who recent- ly earned an MBA and public policy master's degree from Harvard, was previously a charter school teacher and administrator in West Harlem, New York, where he taught seventh- grade math, following a previous job on Wall Street. During Lamont's post-election transition period, Simmons, who had volunteered on his campaign, got a Harvard Kennedy School fellowship to study Connecticut's workforce system. Simmons said Lamont is correct to make workforce development a priority. "I think it's one of the biggest policy challenges we're going to face as a country in the 21st cen- tury, with the lifecycle of technol- ogy," Simmons said. While the council has about a year to produce its first report and recommendations, Simmons said there's a longer-term intent. The hope is that frequent and close col- laboration among the many work- force players will live on indefinitely. "How do we create a system to react to different needs that arise in 2030?" Simmons said. "We want to launch great programs in the short term but also create that con- nective tissue, and formalize the spirit and systems of collaboration that can last well beyond any one administration." Like Moran, Simmons wasn't will- ing to point out any specific weak links he may perceive in the state's workforce-development apparatus. "I wouldn't say it's inadequate," Simmons said. "It is a vast web of folks sort of playing their own instruments and on their own do- ing a good job. The council is the conductor with a high-level view." Moran said the council may find some pieces of the system aren't up to snuff. However, he is already convinced the state needs to change the way it measures the outcomes of its workforce programs. "They ask contractors to report their outputs, but the incentive is really volume," he said. Moran advocates a "hard-nosed approach" to assessing the value of each training program. One of the council's subcommit- tees will focus specifically on perfor- mance data. It is led by top executives of Stamford-based job listing website Indeed and Greenwich-based invest- ment manager AQR, which has $185 billion under management. "Data-driven goals will be on a dashboard, and we will use it to be accountable," Moran said. "We'll be embarrassed by that and we'll all feel a lot of peer pressure to meet those goals." >> Filling the Gap continued