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Press Releases
WORKPLACEDIVERSITY.COM ASSISTS CENDANT
CORPORATION
EMBRACE DIVERSITY AS COPORATE WAY OF LIFE
Employees, Job-seekers, Customers, Partners-Feeling
Culture Rich in Contrasting Values
LIVINGSTON, NJ (May 27, 2003) -- WorkplaceDiversity.com,
the career website for recruiters who want to reach
experienced diversity candidates, announced today it
was selected by Cendant Corporation, one of the foremost
providers of travel and real estate services worldwide,
to play a strategic role in building the company's diversity
outreach. Specifically, WorkplaceDiversity.com is assisting
Cendant Corporation attract and retain diverse talent
pools of experienced, professional individuals through
its leading-edge, career center technology and extensive
web-based community of over 2,500 information sources.
Cendant Corporation, a global employer of approximately
85,000, has been focusing on embracing diversity as
a corporate way of life and critical business initiative
since 1999 when Chairman, President and CEO Henry R.
Silverman expressed his personal commitment to growing
and maintaining an ongoing culture, rich in contrasting
values.
The decision to use the quality-driven services of
WorkplaceDiversity.com to help build a more diverse
workforce at Cendant Corporation is one of several ways
the company is successfully weaving a new social fabric
throughout its organization. "We are committed
to diversity outreach in our staffing processes and
workforce development programs, but we are also committed
to embedding a diversity mindset in the way Cendant
goes to market, purchases supplies, builds community
and corporate relations, develops franchises, and communicates
with its customers, employees, and partners," says
Samuel Ojofeitimi, Manager of Strategic Staffing, Cendant
Corporation. "We know our competitive strength
is in the value we create through people, so building
awareness of the value individuals bring to corporate
success is imperative in everything we do. Right now
our goal is to see and feel positive growth in the way
we embrace differences across our entire company."
Dan Honig, Chief Operating Officer of WorkplaceDiversity.com,
says of Cendant Corporation's commitment to corporate
diversity, "Here is an excellent example of a proactive,
multi-national company that recognizes the importance
of using the insights and contributions of many people
with different backgrounds and attitudes. WorkplaceDiversity.com
considers it an honor to help Cendant Corporation source
talent and build a diverse workforce worldwide. We know
the final measure of our success will be their success
in reaching and building relationships with a greater
number of experienced diversity candidates."
In addition to teaming with WorkplaceDiversity.com
to help source experienced diversity talent, Cendant
Corporation is embracing diversity as a corporate way
of life through involvement and partnerships with professional
organizations and associations such as National Black
MBA Association, National Association of Hispanic MBAs,
and National Association of Black Accountants. Cendant
Corporation is involved with these organizations on
local, and national levels often co-sponsoring and co-hosting
more educational and networking activities and events.
"Our affiliation with diversity-focused organizations
builds awareness of our company's services, products
and core competencies at a grass root level. It also
provides great recruiting and learning opportunities
that allow us to show Cendant Corporation's interest
in diversity outreach is not just on paper - but is
active and sincere. Involvement means we exchange diversity-focused
ideas with rising industry thought leaders, gain real-time
industry updates, and form lasting business relationships
that strengthen our competitiveness," says Ojofeitimi.
Cendant Corporation's interest in embracing diversity
as a corporate way of life has a 'linking effect' for
its 14 business groups. While all contribute to, and
mutually benefit from, a central diversity candidate
sourcing budget, many business groups are sponsoring,
diversity-focused events and local networking meetings
that have a collaborative impact on Cendant Corporation's
overall talent relationship management strategy and
focus.
While taking new and renewed steps in building a diversity-focused
culture is sometimes a slow change management reality,
Cendant Corporation's step-by-step strategy and processes
have not been slow to show a powerful return on investment.
"WorkplaceDiversity.com's technology and expertise
has increased our number of ethnic and women hires over
the last six months," says Ojofeitimi. "In
fact, approximately 300 experienced diversity candidates
entered our hiring pipeline during this period that
we are certain never would have, had we not decided
to tap into WorkplaceDiversity.com. An increase in diversity
candidate flow like that can be measurably valued in
time, energy and money."
Cendant Corporation's growth in best practice diversity
outreach is increasingly recognized internally and externally,
evident in the twenty awards the company (or one of
its business subsidiaries) has received since 2000 including:
"Avis -- Best Employer for Workers Over 50"
from Maturity Magazine; "Galileo International
-- One of the Best Places to Work in Technology"
from IDG's Computer World; "Cendant Mortgage--
Top 50 Employer List" from the Courier Post; "Avis
Australia -- Top 55 Female-Friendly Workplaces"
from Equal Opportunity for Women in the Workplace Agency;
"Avis -- One of the Best Companies for Asian Americans"
from Asian Enterprise Magazine.
About WorkplaceDiversity.com
WorkplaceDiversity.com (www.WorkplaceDiversity.com)
is the source for diversity talent. The first career
Web site for companies that want to recruit experienced
diversity candidates, it combines leading technology
with diversity and career information from over 2,500
sources. WorkplaceDiversity.com enables experienced
diversity talent to find open positions at companies
that support diversity, and get information and resources
that will help them attain their career goals. For more
information about WorkplaceDiversity.com, please visit
www.WorkplaceDiversity.com
or call 973. 992.7311.
About Cendant Corporation
Cendant Corporation is primarily a provider of travel
and residential real estate services. With approximately
85,000 employees, New York City-based Cendant provides
these services to businesses and consumers in over 100
countries. More information about Cendant, its companies,
brands and current SEC filings may be obtained by visiting
the Company's Web site at http://www.cendant.com
or by calling 877-4-INFOCD (877-446-3623).
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