Station
Casino Recognized by Fortune Magazine
Station Casinos, Inc. has been
recognized by FORTUNE magazine as one of its
"100 Best Companies to Work for 2006,"
and is the only Nevada-based company or gaming
corporation to be selected for this prestigious
honor. This is the second year in a row in which
the Company has been selected by FORTUNE as
one of the best companies to work for. Ranked
55th overall, Station Casinos was ranked higher
than such well-respected companies as Fed Ex,
Ernst & Young, Nike and Yahoo.
Further
enhancing the honor of being chosen as one of
the best companies to work for was that the
Company:
-Recognized
among the most diverse companies on the list
with minorities making up 48% of its U.S. workforce;
-Ranked
14th out of 38 large-sized companies;
-Placed
55th out of the top 100 companies; and
-Received
recognition for its "Dream Campaign,"
a program designed to determine the dreams of
its team members and how the Company can help
make those dreams come true. In response to
finding out that the dream of a number of its
team members was to become a U.S. citizen, the
Company implemented free English as a second
language courses, set up a 24-hour bilingual
hotline and organized citizenship clinics.
"One
of the core principles that my brother and I
learned from our father was to treat all team
members as we would want to be treated,"
said Frank Fertitta III, Station's chairman
and CEO.
"Our
Company's success is based on our team-members'
work ethic, enthusiasm and commitment to providing
our guests with 'Beyond the Best' service,"
said Valerie Murzl, Station's vice president
of human resources. "That is why we are
committed to creating the best possible work
environment, corporate culture and training
and benefits programs for our nearly 12,000
team members," continued Murzl. The Company
demonstrated this philosophy most recently when
it hosted job fairs for people left homeless
and unemployed as a result of Hurricane Katrina's
devastation. More than 100 New Orleans and Mississippi
evacuees who relocated to Las Vegas were by
placed in jobs throughout the Company in addition
to receiving clothing and new housing supplies
to ease their transition into the community.
According
to FORTUNE magazine, "The 100 Best Companies
to Work For" list is compiled for FORTUNE
by Robert Levering and Milton Moskowitz of the
Great Place to Work Institute in San Francisco,
based on two criteria: an evaluation of the
policies and culture of each company, and the
opinions of the company's employees. The latter
is given more weight; two-thirds of the total
score comes from employee responses to a 57-question
survey which goes to a minimum of 400 randomly
selected employees from each company. More than
100,000 employees from 466 companies participated
in the survey this year, up from 356 candidate
companies last year. It asks about things such
as attitudes towards management, job satisfaction
and camaraderie within the organization. The
remaining one-third of the score is based on
an evaluation of each company's demographic
makeup, pay and benefits programs and culture.
Companies are scored in four areas: credibility
in its communication to employees, respect for
career opportunities and benefits, fairness
in compensation and diversity and pride and
camaraderie in the company's philanthropy and
celebrations.
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