Arcos Dorados Recognized as One of the Best Multinational Companies to Work for in Latin America
Jun. 11, 2018
MONTEVIDEO, Uruguay--(BUSINESS WIRE)--Jun 11, 2018--Arcos Dorados, Inc. (NYSE:ARCO) has been named one of the best places to work in Latin America. The world’s largest McDonald’s franchisee ranked 13th according to Great Place to Work®, and was recognized as an organization that promotes trust, pride and camaraderie.
“Arcos Dorados is built on its restaurants, food, and people. We are proud that our commitment to employment and labor inclusion has been recognized. This award tells us that we are on the right path, and we will continue adding value to our business by providing opportunities to young people throughout Latin America,” said Diego Benenzon, Vice President of Human Resources at Arcos Dorados.
Arcos Dorados also ranked highly in the other Latin American markets in which it participated: placing 2 nd in Uruguay, 17 th in Brazil, 5 th in Argentina, 11 th in México, and 8 th in Panama and Costa Rica. The Great Place to Work ranking evaluates companies on the credibility of its leaders, respect among its workers, work environment, and growth opportunities. The 2017 edition of the publication polled more than one million employees from over 1,300 companies throughout Latin America.
Arcos Dorados has more than 80,000 employees, of which more than 73,000 are between the age of 16 and 25 years old. In the last ten years, the Company has provided more than 500,000 young Latin Americans with their first formal job. Further, Arcos Dorados fosters a work culture that is characterized by respect and equal opportunity. Some 57% of its employees are women, and 52% of the Company’s management positions are held by women. Arcos Dorados remains committed to creating a supportive organizational culture, and to providing its employees with opportunities for professional growth and development.
About Arcos Dorados
Arcos Dorados is the world’s largest independent McDonald’s franchisee in terms of systemwide sales and number of restaurants, operating the largest quick service restaurant (“QSR”) chain in Latin America and the Caribbean. It has the exclusive right to own, operate and grant franchises of McDonald’s restaurants in 20 Latin American and Caribbean countries and territories, including Argentina, Aruba, Brazil, Chile, Colombia, Costa Rica, Curaçao, Ecuador, French Guyana, Guadeloupe, Martinique, Mexico, Panama, Peru, Puerto Rico, St. Croix, St. Thomas, Trinidad & Tobago, Uruguay and Venezuela. The Company operates or franchises over 2,100 McDonald’s-branded restaurants with over 90,000 employees and is recognized as one of the best companies to work for in Latin America. Arcos Dorados is traded on the New York Stock Exchange (NYSE: ARCO). To learn more about the Company, please visit the Investors section of our website: www.arcosdorados.com/ir
About Great Place to Work®:
Great Place to Work® is part of a global research, consulting and training consultancy that helps organizations identify, create and sustain great workplaces through the development of high-trust workplace cultures. We support and advise businesses, non-profits and government agencies in 57 countries on all five continents. Our mission: “To help improve society by helping organizations to improve people’s working lives.”
View source version on businesswire.com:https://www.businesswire.com/news/home/20180611006113/en/
CONTACT: Investor Relations:
Arcos Dorados Holdings Inc.
Daniel Schleiniger, +54 11 4711 2675
Vice President of Corporate Communications & Investor Relations
KEYWORD: URUGUAY SOUTH AMERICA
INDUSTRY KEYWORD: RESTAURANT/BAR PROFESSIONAL SERVICES HUMAN RESOURCES RETAIL FOOD/BEVERAGE
SOURCE: Arcos Dorados, Inc.
Copyright Business Wire 2018.
PUB: 06/11/2018 03:56 PM/DISC: 06/11/2018 03:56 PM