Newsweek places Pestana Hotel Group in the 100 most attractive companies to work for in the world
Portugal’s largest and most internationalized hotel group in 6th place among 100 companies most recognized for employee satisfaction worldwide.
Lisbon (1st June 2023) – Newsweek has just announced its annual ranking of the Top 100 Global Most Loved Workplaces®, the list of the 100 most attractive companies to work for in the world. In this worldwide list, Pestana Hotel Group reached the sixth position. This 2023 edition of the Newsweek ranking is the most recent list drawn up by the prestigious American publication and the Best Practice Institute, an entity linked to leadership development, executive coaching, and studies in the area of Human Resources.
The results were based on the survey of more than 2 million employees of companies with teams of between 30 and more than 10 thousand people. The list recognizes companies whose business model meets the respect, appreciation, and care of its employees, and whose procedures are deserving of the loyalty and respect of its people.
“We believe that the commitment and dedication of our people have been fundamental in overcoming the most challenging moments throughout the 50 years of existence of the Pestana Hotel Group. The Human Resources policy places employees as the main pillar of our activity in the more than 100 hotels owned by the Group, present in 16 countries. “, explains José Theotónio, Chief Executive Officer of the Pestana Hotel Group. “The training and professional development programs of the Pestana Academy, the internal career opportunities and national and international mobility, the constant improvements in the remuneration and benefits awarded, the distribution of profit sharing among all employees, and the concern for the environment and social responsibility actions of the Group’s sustainability program, Planet Guest, have contributed to strengthening team spirit and our culture,” reinforces the hotel group’s director.
The evaluation of employees’ feelings consisted of analyzing their feelings of career fulfillment, how positive they felt about their future at the company, alignment of their values with those of their employer, respect at all hierarchical levels, and the degree of collaboration within the company. Beyond these five areas, inclusion, diversity, fairness, sense of belonging, career development, and company leadership are on the analysis table.
“While workplace dynamics continue to evolve, the power of a positive culture remains constant,” says Nancy Cooper, Global Editor in Chief of Newsweek. “The companies featured on the 2023 Global Most Loved Workplaces® list embody this transformative spirit, proving that when companies prioritize their people, success naturally follows.” –
“Since our initial publication of the Most Loved Workplaces® List in 2021, the workplace landscape has undergone a significant transformation, including shifts like Return to Office, Hybrid Work, The Great Resignation, Quiet Quitting, and Layoffs, among others,” says Most Loved Workplace® Founder and CEO Louis Carter. “Throughout these changes, the crucial element consistently tied to the success of a Most Loved Workplace® culture, which attracts and motivates exceptional talent, is cultivating positive and more meaningful connections between companies and employees. This year’s featured companies on the Most Loved Workplace® list exemplify this principle, even globally.”
For the full Newsweek list of 2023’s Top 100 Most Loved Workplaces®, please visit https://www.newsweek.com/rankings/global-most-loved-workplaces-2023.
For more information on how to apply to become a certified Most Loved Workplace, go to: http://www.mostlovedworkplace.com
To identify the top 100 companies for the Newsweek ranking, companies were evaluated and scored as follows: 35 percent of the initial score was based on responses to BPI’s proprietary Love of Workplace survey. Another 25 percent was derived from analysis of external public ratings from sites such as Comparably, Careerbliss, Glassdoor, Indeed and Google. The final 40 percent came from direct interviews with and written responses from company officials. Newsweek then conducted additional research into every company on the list, as well as the top runners-up, to determine the final list of 100 companies and their rankings.
About Pestana Hotel Group:
With a five-decade journey of success, the Group owns and manages more than 100 hotels in Portugal and abroad, where it is dedicated to providing 3.5 million guests per year with ‘The Time of Your Life’. In hospitality, its core business, it operates four brands: Pestana Hotels & Resorts, Pestana Collection Hotels, Pestana Pousadas de Portugal, and Pestana CR7 Lifestyle Hotels. Present in 16 countries, it has around 12,000 rooms available in Europe, Africa, and America, and is the largest multinational hotel group of Portuguese origin. With the aim of offering complete and more attractive products, the Group also operates in other business areas: tourist real estate, vacation tourism, golf, casinos, and industry. Enter the Pestana universe and find out more at www.pestana.com
Newsweek is the modern global digital news organization built around the iconic, over 85-year-old American magazine. Newsweek reaches 100 million people each month with its thought-provoking news, opinion, images, graphics, and video delivered across a dozen print and digital platforms. Headquartered in New York City, Newsweek also publishes international editions in EMEA and Asia.
About Best Practice Institute
Best Practice Institute is an award-winning leadership and organization development center, benchmark research company, think tank, and solutions provider. BPI is the certifying body for Most Loved Workplace® and conducted the original research to create the model and criteria for becoming a Most Loved Workplace®. BPI’s research proves that Most Loved Workplaces® produce 3-4 times better customer service, employee performance, and retention than companies not loved by their employees.Back