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WASHINGTON, Dec. 21 /PRNewswire/ -- Marriott International,
Inc. (NYSE: MAR) has been named as one of the 100 best companies to work
for in America by Fortune according to the January 11 issue of the magazine.
Marriott was ranked 44th in Fortune's second annual employee survey. The list was compiled through a poll of more than 27,000 randomly selected employees at hundreds of companies nationwide. "Marriott is pleased to be recognized again by Fortune," said Brendan Keegan, executive vice president, human resources, Marriott International. "We are especially proud of our associates' ongoing commitment to service excellence. In addition, we are pleased that we can make a difference in the quality of their worklife." Fortune collaborated with best-selling authors Robert Levering and Milton
Moskowitz to compile the list, using methodology similar to that used for
the authors' books, The 100 Best Companies to Work for in America. To be
eligible, a company had to be at least ten years old and have a minimum
of 500 employees. Fortune said that more than 1,000 companies were considered,
and 295 as the most viable candidates for this list were selected. Of this
The typical 100 Best company is a composite drawn from the medians of
several categories. It is 36 years old and has a U.S. work force of 5,520.
It had 1997 revenues of $1.3 billion and a CEO with an eight-year tenure.
Its work force is 44% female and 78.2% Caucasian. A third of employees
have been on the job less than two years, with six percent more than 15
years.
MARRIOTT INTERNATIONAL, INC. is leading worldwide hospitality company, with over 1,700 operating units in the United States and 53 other countries and territories. Major businesses include hotels operated and franchised under the Marriott, Ritz-Carlton, Courtyard, Residence Inn, Fairfield, TownePlace Suites, SpringHill Suites, Renaissance, and Ramada International brands; vacation ownership (timeshare) resorts; senior living communities and services; and food service distribution. The company is headquartered in Washington, D.C. and has approximately 131,000 employees. In fiscal year 1997, Marriott International reported total sales of $9.0 billion. |
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