LAS VEGAS, May 10, 2017 /PRNewswire/ -- For the twelfth
consecutive year, MGM Resorts International has been recognized as
a Top Company for Diversity by DiversityInc, one of the nation's
leading sources on workplace diversity management. The company is
ranked 3rd on "The Top Ten Regional Companies" list for
diversity best practices.
DiversityInc's annual survey – tracking the nation's top
companies when it comes to hiring, retaining and promoting women,
minorities, people with disabilities, LGBTQ individuals 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.
"There are simply not enough qualified people to hire. A
company's ability to find the best and brightest, advance and
retain them equitably is a decisive competitive
advantage," notes Luke Visconti,
founder and CEO of DiversityInc. "The DiversityInc Top 50 have a
decisive metrics-evidenced ability to treat people more fairly than
other large companies. They also have a greater-than-average return
for their shareholders."
In 2000, MGM Resorts took the leadership as the first company in
the gaming and hospitality industry to voluntarily adopt a formal
diversity and inclusion policy. This is a critical pillar of the
company's enterprise-wide social responsibility platform, which
also includes community giving and environmental sustainability as
key elements.
"At MGM Resorts, inclusion is a business imperative," said
Phyllis A. James, the company's
Executive Vice President and Chief Corporate Responsibility
Officer. "We are driven by our belief that a business becomes
stronger and more competitive when it leverages the talents of all
of its employees – and their different backgrounds, cultures, ideas
and viewpoints – to create better, innovative strategies and
methods for exceptional products and guest services. We are honored
to be recognized by DiversityInc for the progress we continue to
make."
DiversityInc's extensive annual survey yields an empirically
driven ranking based on recruitment, talent development, senior
leadership commitment, supplier diversity and philanthropy. This
year's competition was improved by new survey questions, increased
emphasis on fairness over chasing numbers and more sophisticated
analysis from DiversityInc's data scientists.
Some recent highlights from MGM Resorts' Diversity and Inclusion
Initiative include:
- Almost 69 percent of the company's employees are minorities.
About 44 percent of employees in MGM Resorts' management ranks are
women, while minorities comprise 43 percent of MGM Resorts'
management ranks.
- In 2016, MGM Resorts spent approximately $475 million in construction and tier-1
procurement with minority-owned, women-owned, veteran-owned and
disadvantaged enterprises, as well as businesses owned by disabled
and LGBTQ individuals.
- In 2016, more than 28 percent of MGM Resorts' company
philanthropic contributions, and more than 80% of The MGM Resorts
Foundation grants to nonprofit organizations served diverse
clientele.
- The employee-driven MGM Resorts Foundation will host its
eleventh annual Women's Leadership Conference at MGM Grand
Conference Center on August 7 &
8, 2017. 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 inclusion
initiative, and to learn more about its efforts in corporate social
responsibility, please visit: www.mgmresorts.com/csr.
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 opened MGM National Harbor in
Maryland on December 8, 2016, and is in the process of
developing MGM Springfield in Massachusetts. MGM Resorts controls and holds
a 76 percent economic interest in the operating partnership of MGM
Growth Properties LLC (NYSE: MGP), a premier triple-net lease real
estate investment trust engaged in the acquisition, ownership and
leasing of large-scale destination entertainment and leisure
resorts. The Company also owns 56 percent of MGM China Holdings
Limited (SEHK: 2282), which owns MGM MACAU and is developing MGM COTAI, and 50
percent of CityCenter in Las
Vegas, which features ARIA Resort & Casino. MGM Resorts
is named among FORTUNE® Magazine's 2016 list of World's Most
Admired Companies®. For more information about MGM Resorts
International, visit the Company's website at
www.mgmresorts.com.
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, when many corporations
were beginning to understand the business value of
diversity-management initiatives. The 2017 Top 50 Companies for
Diversity results will be featured on DiversityInc.com and in
DiversityInc magazine. DiversityInc is a VA certified veteran-owned
business and a USBLN certified business owned by a person with a
disability. For more information, visit www.diversityinc.com and
follow us on Facebook, Twitter and LinkedIn @DiversityInc.
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SOURCE MGM Resorts International