March 21, 2011 09:30 AM Eastern Daylight Time
PURCHASE, N.Y.--(BUSINESS WIRE)--MasterCard Worldwide is ranked among the top companies for diversity according to The 2011 DiversityInc Top 50 Companies for Diversity list. Of the 535 companies who participated this year, MasterCard ranked No.31. This is the second time in recent years that MasterCard has made this prestigious list – up 10 spots from its 2009 ranking at No.41.
Globally MasterCard has 12 regional employee-resource groups, which play an important role in the promotion of its diversity and inclusion efforts. These company-funded groups are used for recruitment, talent development, on-boarding of new employees and mentoring. In addition, MasterCard recently held its third annual Multicultural Summit.
This event is aimed at realizing MasterCard’s diverse perspectives and way to demonstrate its ongoing commitment to maintaining a diverse and inclusive culture. It is also used to identify ways to drive business growth and innovation.“MasterCard’s ability to innovate and provide payment solutions that make life easier for consumers all over the world is a direct result of the quality of our people and the diverse perspectives they bring to the table. We need to have a workforce that is as diverse and inclusive as the millions of consumers and geographies we serve. That commitment starts at the top and it’s what defines us as a truly global company,” said Donna Johnson, MasterCard chief diversity officer. “We are very proud at MasterCard that over these past few years we have been able to move the needle on diversity from beyond a conversation to a real point of impact.”
This event is aimed at realizing MasterCard’s diverse perspectives and way to demonstrate its ongoing commitment to maintaining a diverse and inclusive culture. It is also used to identify ways to drive business growth and innovation.“MasterCard’s ability to innovate and provide payment solutions that make life easier for consumers all over the world is a direct result of the quality of our people and the diverse perspectives they bring to the table. We need to have a workforce that is as diverse and inclusive as the millions of consumers and geographies we serve. That commitment starts at the top and it’s what defines us as a truly global company,” said Donna Johnson, MasterCard chief diversity officer. “We are very proud at MasterCard that over these past few years we have been able to move the needle on diversity from beyond a conversation to a real point of impact.”
"Our metrics-driven, objective editorial process enables us to measure a company's cultural ability to relate to employees, customers, community and suppliers,” said DiversityInc CEO Luke Visconti. “There is a direct correlation between best practices in diversity management and human-capital results, but we feel our list is really about measuring a company's cultural ability to relate to a rapidly developing marketplace—not only in composition, but in its ability to immediately reward companies that have demonstrated respect." Visconti added, “MasterCard has demonstrated success in their approach and we are happy to welcome back a much-improved MasterCard to the DiversityInc Top 50 list.”
DiversityInc was founded in 1998 and is a metrics-based source of information on diversity management data, trends and best practices. To qualify for The DiversityInc Top 50 Companies for Diversity, participating companies must have more than 1,000 employees and must fill out a detailed questionnaire based completely on empirical questions on CEO commitment, human capital, internal and external communications, and supplier diversity. To see the full ranking of The 2011 DiversityInc Top 50 Companies for Diversity as well as more information on the methodology, visitwww.DiversityInc.com/top50.
About MasterCard Worldwide
As a leading global payments company, MasterCard Worldwide prides itself on being at the heart of commerce, helping to make life easier and more efficient for everyone, everywhere. MasterCard serves as a franchisor, processor and advisor to the payments industry, and makes commerce happen by providing a critical economic link among financial institutions, governments, businesses, merchants, and cardholders worldwide. In 2010, $2.7 trillion in gross dollar volume was generated on its products by consumers around the world. Powered by the MasterCard Worldwide Network – the fastest payment processing network in the world – MasterCard processes over 23 billion transactions each year and has the capacity to handle 160 million transactions per hour, with an average network response time of 130 milliseconds and with 99.99 percent reliability. MasterCard advances global commerce through its family of brands, including MasterCard®, Maestro®, and Cirrus®; its suite of core products such as credit, debit, and prepaid; and its innovative platforms and functionalities, such as MasterCard PayPass™ and MasterCard inControl®. MasterCard serves consumers, governments, and businesses in more than 210 countries and territories. For more information, please visit us at www.mastercard.com. Follow us on Twitter: @mastercardnews.
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