MGM MIRAGE is 'Most Admired' for HR Practices by Human Resource Executive Magazine
23 Janeiro 2006 - 5:04PM
PR Newswire (US)
LAS VEGAS, Jan. 23 /PRNewswire-FirstCall/ -- MGM MIRAGE has been
named among the "most admired companies" for its human resources
practices by Human Resource Executive Magazine. According to the
publication, the recognition is based upon Fortune Magazine's "most
admired companies" ranking which listed MGM MIRAGE as one of the 50
best companies for minorities in 2004. Human Resource Executive
Magazine evaluated companies in four human resources-related areas:
people management, innovation, product/service quality and
management quality. As a result, 50 companies were named to the
"most admired" list. MGM MIRAGE, ranked 36, is the only gaming
company on the list. According to the magazine, admired companies
"hire people not for a job, but for a career" and "have developed
the bench strength to lead their company in the future." At MGM
MIRAGE, professional development programs are important in the
workforce development process. These include REACH, an intensive
six-month supervisory training program conducted in conjunction
with the Culinary Union's Training Academy in Las Vegas; TAKE
FLIGHT, a six-month training program that helps develop leadership
skills by exposing first-level management participants to senior
executives; the Executive Mentoring Program, a nine-month program
designed to prepare high potential management-level employees for
advancement to executive management positions; and the Management
Associate Program, a six-month training program designed to prepare
recent college graduates for careers in management. Additionally,
the company has invested $20 million in MGM Grand University, a
training center constructed exclusively for development of
employees. University classes range from life skills to free
computer training to English as a second language. About Human
Resource Executive Magazine: Human Resource Executive Magazine,
published by LRP Publications, was established in 1987 and
continues today as the premier publication focused on strategic
issues in HR. Written primarily for vice presidents and directors
of human resources, the magazine provides these key decision-makers
with news and information relative to human resources, profiles of
HR visionaries and success stories of human resource innovators.
About MGM MIRAGE: MGM MIRAGE, (NYSE:MGM), one of the world's
leading and most respected hotel and gaming companies, owns and
operates 23 properties located in Nevada, Mississippi and Michigan,
and has investments in four other properties in Nevada, New Jersey,
Illinois and the United Kingdom. MGM MIRAGE has also announced
plans to develop Project CityCenter, a multi-billion dollar
mixed-use urban development project in the heart of Las Vegas, and
has a 50 percent interest in MGM Grand Macau, a hotel-casino resort
currently under construction in Macau S.A.R. MGM MIRAGE supports
responsible gaming and has implemented the American Gaming
Association's Code of Conduct for Responsible Gaming at its
properties. MGM MIRAGE also has been the recipient of numerous
awards and recognitions for its industry-leading Diversity
Initiative and its community philanthropy programs. For more
information about MGM MIRAGE, please visit the company's website at
http://www.mgmmirage.com/. First Call Analyst: FCMN Contact:
reburton@mgmmirage.com DATASOURCE: MGM MIRAGE CONTACT: Debra
Nelson, +1-702-650-7421, , or Reggie Burton, +1-702-650-7438, ,
both of MGM MIRAGE Web site: http://www.mgmmirage.com/
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