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MGM Resorts International ranked among top companies for diversity

11 May 2017

(PRESS RELEASE) -- For the 12th 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 third 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% of the company's employees are minorities. About 44% of employees in MGM Resorts' management ranks are women, while minorities comprise 43% 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% 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 7-8 August 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 MGM's website.

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