MGM Resorts has been named to DiversityInc's list of "25 Noteworthy Companies" and is among the "Top 10 Companies for Latinos," says the publication. This marks the seventh consecutive year MGM Resorts has been recognized for its Diversity and Inclusion Initiative by the benchmarking organization, which ranks companies based on the results of an annual survey.
"I extend a hearty congratulations to everyone at MGM Resorts International. Earning a position on the 25 Noteworthy list was especially difficult considering the increased competition—it's much different from just five years ago," said DiversityInc CEO Luke Visconti.
DiversityInc's 300-field annual survey is divided into four parts: CEO Commitment, Human Capital, Corporate and Organizational Communications, and Supplier Diversity. The results are determined by statistical analysis and judged by an independent editorial process.
Of the 587 companies participating in this year's survey, MGM Resorts is the only business headquartered in Nevada and only gaming company to earn an award distinction.
"As Nevada's largest private company, we make it a business imperative to be a leader in all forms of corporate social responsibility, including diversity and inclusion," said Phyllis A. James, Executive Vice President and Chief Diversity Officer of MGM Resorts International. "We applaud our employees for genuinely and effectively embracing the principles of diversity and inclusion, and we are deeply honored to be recognized by DiversityInc for having one of the foremost corporate diversity and inclusion initiatives in our nation."
The MGM Resorts Diversity Initiative was launched in 2000 and is part of a company-wide social responsibility platform that includes environmental responsibility, community giving, and community engagement programs.
Highlights from the company's Diversity and Inclusion Initiative include:
•Approximately 63 percent of the company's 61,000 employees are minorities. In the management ranks, about 42 percent of employees in the supervisory ranks are women, and 38 percent of employees in the supervisory ranks are minorities.
•In 2011, the firm spent more than us$ 142 million with Minority- and Women-Owned Business Development Enterprises (MWBDE) suppliers and contractors.
•Since the start of the company's two-day Diversity Champion Training Workshop, MGM Resorts has graduated more than 11,000 Diversity Champions.