LAS VEGAS, April 27, 2016 /PRNewswire/ -- MGM Resorts
International (NYSE: MGM) is ranked 5th on the "Top
10 Regional Companies" list for diversity best practices, according
to DiversityInc, one of the nation's leading sources on workplace
diversity management.
2016 marks the eleventh
consecutive year MGM Resorts has been recognized for its Diversity
and Inclusion Initiative by DiversityInc, which ranks companies
based on the results of an annual survey.
"It's clear that corporate America understands how diversity and
inclusion strengthens everything from recruiting and retention to
overall business success," said Luke
Visconti, DiversityInc's Founder and CEO. "We saw more than
1,000 companies submitting for contention on the list. It's a sign
of their commitment and dedication to diversity management."
DiversityInc's annual survey – tracking the nation's top
companies when it comes to hiring, retaining and promoting women,
minorities, people with disabilities, LGBT and veterans – is one of
the most rigorous, data-driven surveys of its kind, gauging
detailed demographics based on race/ethnicity and gender at some of
the largest U.S. employers.
Companies with more than 1,000 U.S.-based employees are eligible
to enter, and there is no cost to compete. Each company's rank is
based on an objective analysis of 183 separate factors, based on
data from a 300-question survey. The four equally weighted areas of
measurement are Talent Pipeline, Equitable Talent Development,
CEO/Leadership Commitment and Supplier Diversity.
"Diversity is unquestionably the defining anchor of the
21st century global economy. At MGM Resorts, we are
striving through our inclusion practices to leverage the talents of
our highly diverse workforce for greater contributions to our
company's success," said Phyllis A.
James, Executive Vice President and Chief Diversity Officer
of MGM Resorts International. "This is a long-term, perpetual
journey, and we are grateful to be recognized by DiversityInc for
the progress we continue to make."
The MGM Resorts Diversity and Inclusion Initiative was
voluntarily launched in 2000 – the first in the gaming, hospitality
and entertainment industry – and is a critical pillar of the
company's enterprise-wide social responsibility platform that
includes environmental sustainability and community engagement
programs. Highlights from the Diversity and Inclusion Initiative
include:
- Approximately 66 percent of the company's employees are
minorities. About 43 percent of employees in MGM Resorts'
management ranks are women, and minorities comprise 42 percent of
MGM Resorts' management ranks.
- In 2015, MGM Resorts spent a total of more than $323 million in tier-1 procurement and
construction spend with minority-owned, women-owned, veteran-owned
and disadvantaged enterprises, as well as businesses owned by
disabled and lesbian, gay, bisexual or transgender (LGBT)
individuals.
- In 2015, more than 72 percent of MGM Resorts' philanthropic
contributions to nonprofit organizations served diverse clientele,
based on reports provided by agency recipients.
- The MGM Resorts Foundation is hosting its tenth annual Women's
Leadership Conference at MGM Grand Conference Center on
August 8-9, 2016. Presented to a
sold-out audience of more than 1,000 women last year, the two-day
professional development conference will feature nationally
recognized speakers, forums for small-group dialogue and networking
opportunities.
For additional information about the company's Diversity
Initiative, and to learn more about its efforts in corporate social
responsibility, please
visit: www.mgmresorts.com/csr.
About DiversityInc
The mission of DiversityInc is to
bring education and clarity to the business benefits of diversity.
The DiversityInc Top 50 Companies for Diversity list began in 2001,
at the same time that many corporations were beginning to
understand the business value of diversity-management initiatives.
The 2016 Top 50 Companies for Diversity results will be featured on
DiversityInc.com and in DiversityInc magazine. For more
information, visit www.diversityinc.com,
https://www.facebook.com/DiversityInc,
https://twitter.com/DiversityInc or
http://www.linkedin.com/company/DiversityInc.
ABOUT MGM RESORTS INTERNATIONAL
MGM Resorts
International (NYSE: MGM) is one of the world's leading global
hospitality companies, operating a portfolio of destination resort
brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage.
The Company is in the process of developing MGM National Harbor in
Maryland and MGM Springfield in
Massachusetts. The Company also
owns 51 percent of MGM China Holdings Limited, which owns the MGM
Macau resort and casino and is developing a gaming resort in Cotai,
and 50 percent of CityCenter in Las
Vegas, which features ARIA Resort and Casino. MGM
Resorts is a FORTUNE Magazine World's Most Admired Company. For
more information about MGM Resorts International, visit the
Company's website at www.mgmresorts.com.
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SOURCE MGM Resorts International