LAS VEGAS--(BUSINESS WIRE)--Jan. 17, 2006--Station Casinos, Inc.
("Station" or the "Company"; NYSE: STN) 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.
The list appears in the January 23 issue of FORTUNE, available on
newsstands today.
The Company is in the midst of hiring 2,600 employees for its
newest property, Red Rock Casino, Resort and Spa opening in the
Spring. Those interested in applying can go online to
www.stationcasinos.com.
Station Casinos, Inc. is the leading provider of gaming and
entertainment to the residents of Las Vegas, Nevada. Station's
properties are regional entertainment destinations and include various
amenities, including numerous restaurants, entertainment venues, movie
theaters, bowling and convention/banquet space, as well as traditional
casino gaming offerings such as video poker, slot machines, table
games, bingo and race and sports wagering. Station owns and operates
Palace Station Hotel & Casino, Boulder Station Hotel & Casino, Santa
Fe Station Hotel & Casino, Wildfire Casino and Wild Wild West Gambling
Hall & Hotel in Las Vegas, Nevada, Texas Station Gambling Hall & Hotel
and Fiesta Rancho Casino Hotel in North Las Vegas, Nevada, and Sunset
Station Hotel & Casino, Fiesta Henderson Casino Hotel, Magic Star
Casino and Gold Rush Casino in Henderson, Nevada. Station also owns a
50% interest in Barley's Casino & Brewing Company, The Greens Cafe and
Green Valley Ranch Station Casino in Henderson, Nevada and a 6.7%
interest in the Palms Casino Resort in Las Vegas, Nevada. In addition,
Station manages the Thunder Valley Casino near Sacramento, California
on behalf of the United Auburn Indian Community.
CONTACT:
Station Casinos, Inc.,
Las Vegas
Lori Nelson,
702-367-2427
lori.nelson@stationcasinos.com
Director of Corporate Communications
or
Glenn Christenson,
800-544-2411
Chief Financial Officer
SOURCE: Station Casinos, Inc.