20 Years on FORTUNE 100 List
Marriott International Named A Fortune 100 Best Company To Work For — A Winner For Two Decades Straight
For the 20th consecutive year, Marriott International, Inc. (Nasdaq: MAR) is one of the Fortune 100 Best Companies to Work For®. Marriott ranked #33 on the list, which is based on employee ratings of their workplace culture, including trust in their leaders, pride in their jobs and camaraderie with co-workers.
In announcing the 20th anniversary 100 Best list, research and consulting firm Great Place to Work® and Fortune revealed that Marriott is also being recognized as one of the Great Place to Work Legends™ for having appeared on the list every year since the ranking was first published.
What’s our secret? It takes commitment and a focus on employees and company culture to make the Fortune 100 Best list not once but 20 times. Ask any Marriott associate about how the company got started and they’ll tell you the story of a small root beer stand established in Washington, D.C. in 1927. And about how its founders, J. Willard and Alice S. Marriott, believed if you take good care of associates, they will take care of the guests and the guests will come back again and again.
“Since the founding of our company, associates have lived our core value of putting people first. They have contributed to creating a family-like, inclusive culture that welcomes all guests and has led to business success,” said Arne Sorenson, Marriott’s president and CEO. “We are deeply honored to have been recognized by Fortune each year since the list was established in 1998.”
Great Place to Work research shows that list winners outperform the stock market, beat industry rivals when it comes to talent retention and demonstrate higher levels of productivity than peers. Marriott’s own studies show that when associates are highly engaged it has a positive impact on productivity, retention and guest relations.
“Our company culture is the most important element for attracting and retaining top talent and ensuring future success,” said David Rodriguez, executive vice president and global chief human resources officer. “Our TakeCare commitment to associate wellbeing and happiness helps associates live their best lives and drives our business success.”
“We are proud of the Great Place to Work Legends,” said Michael C. Bush, CEO of Great Place to Work. “These companies have done the hard work of creating, maintaining and improving a culture that puts people at the center. And they have reaped the business advantages that come with high-trust workplace relationships.”
To identify the 100 Best Companies to Work For, each year Fortune partners with Great Place to Work to conduct the most extensive employee survey in corporate America. Winning a spot on this list indicates the company has distinguished itself from peers by creating a great place to work for employees – measured and ranked through analysis of the results of the Trust Index© survey and Culture Audit© questionnaire. Through the Trust Index, employees anonymously assess their workplace, including the honesty and quality of communication by managers, degree of support for employees’ personal and professional lives and the authenticity of relationships with colleagues. Companies’ results on the Trust Index survey are compared to peer organizations of like size and complexity. The Culture Audit includes detailed questions about benefits, programs and practices.
About Marriott International
Marriott International, Inc. (NASDAQ: MAR) is the world’s largest hotel company based in Bethesda, Maryland, USA, with more than 6,000 properties in 122 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts. The company’s 30 leading brands include: Bulgari®, The Ritz-Carlton® and The Ritz-Carlton Reserve®, St. Regis®, W®, EDITION®, JW Marriott®, The Luxury Collection®, Marriott Hotels®, Westin®, Le Méridien®, Renaissance® Hotels, Sheraton®, Delta Hotels by MarriottSM, Marriott Executive Apartments®, Marriott Vacation Club®, Autograph Collection® Hotels, Tribute Portfolio™, Design Hotels™, Gaylord Hotels®, Courtyard®, Four Points® by Sheraton, SpringHill Suites®, Fairfield Inn & Suites®, Residence Inn®, TownePlace Suites®, AC Hotels by Marriott®, Aloft®, Element®, Moxy® Hotels, and Protea Hotels by Marriott®. The company also operates award-winning loyalty programs: Marriott Rewards®, which includes The Ritz-Carlton Rewards®, and Starwood Preferred Guest®. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com and @MarriottIntl.