Hospitality company earns accolade for the third consecutive year
Jeddah: Hyatt Hotels Corporation has been named one of the 25 World’s Best Multinational Workplaces for 2016, according to global research and consulting firm Great Place to Work® and FORTUNE. Hyatt ranked No. 11 on the list, which is based on employees’ assessments of their jobs, managers, coworkers, opportunities for training and support for work/life balance, among other factors.
This is the third consecutive year Hyatt has received this global recognition from Great Place to Work®, following regional workplace accolades earned this year in the United States, Greater China, France, Germany, United Arab Emirates, India and the United Kingdom. In addition, this year Hyatt received the 2016 Gallup Great Workplace Award and was named by FORTUNE as one of the 100 Best Workplaces for Millennials, 30 Best Workplaces to Retire From and 100 Best Workplaces for Women.
“We are proud to be recognized as a top multinational workplace for a third consecutive year. We are committed to creating a work environment where our colleagues are encouraged to be themselves, which helps foster authentic and meaningful connections with each other and our guests,” said Mark Hoplamazian, president and chief executive officer, Hyatt Hotels Corporation. “This recognition acknowledges all 100,000 colleagues, without whom our success would not be possible.”
Hyatt is consistently recognized as a leader in promoting a nurturing, positive and diverse workplace environment with policies and employee benefits that include:
- Complimentary and discounted stays at Hyatt hotels around the world
- Free or subsidized meals during work hours served in associate dining rooms
- A wide variety of wellness programs and fitness activities, such as yoga, Zumba and kickboxing classes, at hotels to help associates stay energized and healthy
- Flexible work schedules
- Competitive wage and benefits package with paid holidays and vacation
- A new global family assistance policy that provides employees with paid time off following the birth or adoption of a child as well as financial assistance for adoption
Great Place to Work® research shows the number of organizations around the world named as a Best Workplace, or that have met its minimum standard of a great workplace, have almost doubled since 2011. The figure that year was roughly 2,200 workplaces with a total of around 6.1 million employees. In 2016, the number of great workplaces has reached approximately 4,100, with an aggregate of about 6.9 million employees.
“These organizations are well known because their brands appear around the globe. But behind these successful brands are high-trust workplaces where the vast majority of employees feel valued, well treated and that their work makes a difference,” said Kim Peters, executive vice president, Great Place to Work®. “Congratulations to these globally great organizations!”
The World’s Best Multinationals ranking is part of a series of rankings by Great Place to Work® and FORTUNE.
The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.
About Hyatt Hotels Corporation:
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a portfolio of 12 premier brands and 667 properties in 54 countries, as of June 30, 2016. The Company’s purpose to care for people so they can be their best informs its business decisions and growth strategy and is intended to create value for shareholders, build relationships with guests and attract the best colleagues in the industry. The Company’s subsidiaries develop, own, operate, manage, franchise, license or provide services to hotels, resorts, branded residences and vacation ownership properties, including under the Park Hyatt®, Grand Hyatt®, Hyatt Regency®, Hyatt®, Andaz®, Hyatt Centric™, The Unbound Collection by Hyatt™, Hyatt Place®, Hyatt House®, Hyatt Ziva™, Hyatt Zilara™ and Hyatt Residence Club® brand names and have locations on six continents.
About the World’s Best Multinational Workplaces list:
Since 2011, Great Place to Work® has identified the top organizations that create great workplaces in multiple countries in which they operate through the publication of the World’s Best Multinational Workplaces list. To be considered eligible for the multinational list, companies must meet our definition of a Multinational Company and appear on a minimum of 5 national best workplaces lists that rank organizations based on the results of their Trust Index© employee survey and Culture Audit© assessment (to qualify in the United States, we look at winners of the Fortune 100 Best Companies to Work For® list). The results of those national lists, in addition to extra points awarded for the number of countries an organization surveyed employees in, and the percentage of the company’s global workforce represented by those surveys, are combined to create a top 25 ranking.
Candidates for the list must have a minimum of 5,000 employees worldwide, and 40% of their workforce (or 5,000 employees) must be based outside of the country in which they are headquartered. Candidates for the 2016 World’s Best Multinational Workplaces list will have appeared on national workplaces lists published in the following lists: Best Workplaces in Asia 2016, Best Workplaces in Latin America 2016, Best Workplaces in Europe 2016, Best Workplaces in Canada 2016, Best Workplaces in Nigeria 2016, Best Workplaces in Brazil 2016 and Fortune Best Companies to Work For in US 2016.
About Great Place to Work®:
Great Place to Work® is the global authority on high-trust, high-performance workplace cultures. Through proprietary assessment tools, advisory services, and certification programs, including Best Workplaces lists and workplace reviews, Great Place to Work® provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures. In the United States, Great Place to Work® produces the annual Fortune “100 Best Companies to Work For®” and a series of Great Place to Work® Best Workplaces lists, including lists for Millennials, Women, Diversity, Small and Medium Companies and over a half dozen different industries.