Hyatt Hotels Corporation Recognized By BusinessWeek Magazine as 'Best Place to Launch a Career'

The industry-leading and widely read business publication included the organization as part of its fourth-annual survey of the year's best companies for entry-level workers. The list of 69 employers spans 14 industries and highlights best-in-class companies, non-profits and government agencies that impressed editors with feedback from career counselors, students and company-specific statistics.

Chicago-based Hyatt Hotels Corporation gained its #27 position through a combination of effective intern-to-hire programs, training methods and promotional opportunities for entry-level hires into its internship and Corporate Management Training programs. As noted in the article:

• Nearly 100% of the organization's entry-level hires into the Corporate Management Training (CMT) program have been undergraduate interns, and primarily hospitality and hotel and restaurant management majors.

• An average of $7,500 per new hire was spent on orientation and training in 2008.

• All new hires participate in a mentorship program.

• New hires into the CMT program are eligible for a raise and promotion in the first year (within five to 12 months, depending on program length).

• Additional benefits include access to health benefits (extending to same-sex partners), 401(k) plans, relocation packages, employee discounts, free meals, among others.

'We are thrilled that Hyatt Hotels & Resorts is being recognized for its ongoing efforts to attract and reward new employees,' said Randy Goldberg, vice president of recruiting, Hyatt Hotels & Resorts. 'We work hard to create a family-like environment, in which our associates can thrive and feel proud of their accomplishments and company. Our policy to first consider our own associates when filling senior positions reflects our confidence in our training and hiring methods. The fact that 80% of our associates take advantage of these promotional opportunities indicates their satisfaction with their experience at Hyatt.'



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