Showing posts with label Fortune Magazine. Show all posts
Showing posts with label Fortune Magazine. Show all posts

Marriott Still Most Admired Company Says Fortune Magazine

For the 12th consecutive year Marriott International, Inc., has been ranked as the Most Admired Company in the Lodging Industry worldwide by Fortune Magazine. Marriott International, Inc., is also among the top 50 companies of 350 companies globally, as cited by Fortune, at number 37, and was the most admired company in its headquarters region that includes the District of Columbia, Maryland and Virginia.

“We are tremendously appreciative of being recognized again by business leaders as the most admired company in our industry," said Marriott International’s Chairman and Chief Executive Officer, J.W. Marriott, Jr. "I am also proud of how we ranked among the top 25 companies worldwide across several of Fortune’s key categories, including deployment of corporate assets, managing our people, and social responsibility. These are significant achievements and a true testament to how hard we work to open doors to a world of opportunity for our associates, customers, owners, investors, communities and other stakeholders in our company."

The Most Admired list is made up of companies ranked by 4,100 executives, directors, and securities analysts, based on nine key attributes of reputation, including: innovation; people management; use of corporate assets; social responsibility; quality of management; financial soundness; long-term investment, and quality of products/services and global competiveness.

Marriott International, Inc., is a leading lodging company with more than 3,500 lodging properties in 70 countries and territories, and develops and operates vacation ownership resorts under the Marriott Vacation Club, The Ritz-Carlton Destination Club, and Grand Residences by Marriott brands.

Marriott Included in Fortune Magazine’s “Best Companies” List

Marriott International has been recognized for the 14th consecutive year by Fortune Magazine as one of the “100 Best Companies to Work For.” Marriott is a Fortune “All Star,” being one of only 13 companies on the list every year since it launched in 1998. Marriott is the second highest ranked company with 100,000 or more associates and was ranked 71st overall.

“Marriott opens doors to a world of opportunities, wherever your journey takes you,” said David Rodriguez, executive vice president of Global Human Resources. “Our company’s enduring “spirit to serve” culture provides associates a family environment of teamwork, trust, and cooperation where we value the contributions of our diverse global workforce.”

Marriott prides itself on fostering growth and development for associates as they find their own career journey, and offers a wide range of unique programs and benefits.

Marriott has long been recognized as a great place to work by several prominent publications including Working Mother, DiversityInc and LATINA Style magazines.

To pick the "100 Best Companies to Work For," Fortune partnered with the Great Place to Work Institute to conduct the most extensive employee survey in corporate America. Three hundred eleven companies participated in this year's survey. Two-thirds of a company's score is based on the results of the Institute's Trust Index survey, which is sent to a random sample of associates from each company. The survey asks questions related to their attitudes about management's credibility, job satisfaction, and camaraderie.

The other third of the scoring is based on the company's responses to the Institute's Culture Audit, which includes detailed questions about pay and benefit programs and a series of open-ended questions about hiring practices, internal communications, training, recognition programs and diversity efforts. Any company that is at least seven years old with more than 1,000 U.S. associates is eligible.