"Top companies on this year's list went well beyond workforce diversity initiatives and implemented strategies to reach more Hispanic consumers and increase their procurements with minority- and Hispanic-owned suppliers," says Bill Krutzen, Director of Operations for HispanicBusiness Media.
MGM Resorts' placement on "2012 Best Companies" complements other 2012 awards the Company has received, including recognitions among DiversityInc Magazine's "Top 10 Companies for Latinos" and LATINA Style Magazine's recently announced "50 Best Companies for Latinas."
"On behalf of our 62,000 employees, it is an honor to be recognized by HispanicBusiness Media as a national leader in Diversity," said Jim Murren, Chairman and CEO of MGM Resorts International. "We consider the inclusion of Hispanic employees in our workforce and Hispanic-owned businesses in our company commerce a priority as a leading company, but also important from a diversity standpoint as it brings substantial benefits by helping us better serve the needs of customers of various backgrounds."
Among the other well-known companies named to the "2012 Best Companies" list are: Aflac Inc., American Express Co., The Coca-Cola Co., General Mills, and Southwest Airlines.
In 2000, MGM Resorts International became the gaming industry's first company to implement a voluntary diversity initiative. The Company has since increased its number of Hispanic employees and business partners. Highlights of the initiative relative to the Hispanic community include:
- In 2011, the Company expended more than $27 million in business with certified Hispanic-owned businesses.
- Hispanics comprise 31.7 percent of MGM Resorts' total workforce—14.36 percent hold managerial or higher ranking positions.
- The Company offers several training and management development programs, including ESL (English as a Second Language) classes in order to recruit and develop employees.
- MGM Resorts has established partnerships with numerous Hispanic national and local organizations, such as: the Hispanic Association on Corporate Responsibility, National Council of La Raza, Las Vegas Latin Chamber of Commerce and the Association of Latino Professionals in Finance and Accounting.
For more information regarding HispanicBusiness Media's "2012 Best Companies for Diversity", visit www.hispanicbusiness.com.
To learn more about MGM Resorts' Diversity Initiative and its engagement of the Hispanic community, please visit: http://www.mgmresorts.com/files/company/AnnualCorporateSocialResponsibilityReport2011.pdf.
About HispanicBusiness Media
Now celebrating more than 30 years as an award-winning publishing and information services company, HispanicBusiness Media is the nation's leading source of information for and about Hispanic professionals and entrepreneurs. HispanicBusiness Media includes www.HispanicBusiness.com, www.HireDiversity.com, HispanTelligence®, the Diversity Partnership, and HispanicBusiness Events, including the Entrepreneur Awards Gala (EOY) and the Woman of the Year Awards Gala (WOY).
About MGM Resorts International
MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating a peerless portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage. For more information about MGM Resorts International, visit the Company's website at www.mgmresorts.com.
SOURCE MGM Resorts International