Company continues to be recognized as
employer of choice across the globe where employees say “they want
to work here for a long time”
Rimini Street, Inc. (Nasdaq: RMNI), a global provider of
end-to-end enterprise software support, products and services, the
leading third-party support provider for Oracle and SAP software,
and an AWS partner, proudly announces that Rimini Street India has
been awarded as one of the Best Workplaces™ for Millennials, and
Rimini Street Australia has been honored as a Great Place to Work®
2024.
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the full release here:
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Rimini Street Honored as Best Workplaces™
for Millennials 2024 India and a Great Place to Work® Australia
(Photo: Business Wire)
Great Place to Work® is the global authority on workplace
culture, employee experience, and leadership behaviors proven to
deliver market-leading revenue, employee retention, and increased
innovation. Best Workplaces™ awards are granted upon review of the
detailed Culture Brief™ benchmarked against industry and regional
peers.
“Rimini Street continues to gain recognition for its culture of
extraordinary across the globe, cementing us as an employer of
choice where employees can bring their whole selves to work each
day,” said Brian Almas, senior vice president of human resources at
Rimini Street. “We are grateful for the opportunity to work
side-by-side with such incredible talent, each who exemplify a
heart of service and meet the highest standard of excellence.”
Rimini Street India Promotes an Exciting Culture of Inclusion
and Talent Development
Recently, Rimini Street India placed top 20th in nation as
India’s Great Mid-Size Workplaces 2024, as well as Top 50 India’s
Best Workplaces™ in IT & IT-BPM 2023 category and Great Place
to Work© Certification for the region. To add to the growing list
of awards, Rimini Street India is now recognized as top 50
organizations among India’s Best Workplaces™ for Millennials
2024.
According to Best Workplaces™ for Millennials, this generation
represents those born between 1981 and 1997 who now form the
largest cohort of the workforce at 67%. They prioritize special and
unique benefits, career growth opportunities and fair pay. The
finalists of this award are standouts on their people practices by
proactively acting on the feedback of its employees to create a
High Trust Culture.
“Rimini Street India takes great pride in creating a nurturing,
supportive environment where employees are appreciated for their
unique talents and contributions, and where their professional
growth is encouraged,” said Megh Risaldar, vice president and head
of human resources for Rimini Street India. “We are humbled and
grateful for this direct recognition by our millennial workforce,
and are doubly energized to continue supporting, engaging,
nurturing and celebrating our incredibly talented people.”
“Congratulations to Rimini Street! Your commitment to meeting
the evolving needs of the dynamic generation sets a benchmark for
others to follow,” said Balbir Singh, CEO, Great Place to Work
India. “We celebrate your success in fostering environments where
millennials can truly excel.”
Rimini Street Australia Employees Say “They Want to Work Here
for a Long Time”
In the independent survey conducted by a third-party as part of
the Great Place to Work® certification, Rimini Street’s
Australia-based colleagues said:
- When you join the company, you are made to feel welcome
- This is a physically safe place to work
- People here are treated fairly regardless of their age or their
sexual orientation
- I want to work here a long time
"Great Place to Work® Certification is a highly coveted
achievement that requires consistent and intentional dedication to
the overall employee experience," said Sarah Lewis-Kulin, vice
president of global recognition at Great Place to Work®. “By
successfully earning this recognition, it is evident that Rimini
Street stands out as one of the top companies to work for,
providing a great workplace environment for its employees.”
“Rimini Street colleagues are driven by purpose, to ‘deliver
extraordinary technology solutions, powered by extraordinary
people. Fueled by such an important mission, we work closely
together to support one another and the clients we serve across the
globe,’” said Andrew Manners, global vice president and general
manager of Rimini Street ANZ. “Thank you, Great Place to Work®, for
spotlighting our culture of extraordinary, and most importantly,
thank you to our extraordinary people. You make Rimini Street
shine.”
We are Hiring!
Grow your career at a company that puts its people first and
invests in the community. Visit Rimini Street’s career page at:
https://www.riministreet.com/company/careers/
About Rimini Street, Inc.
Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is
a global provider of end-to-end enterprise software support,
products and services, the leading third-party support provider for
Oracle and SAP software and an AWS partner. The Company has
operations globally and offers a comprehensive family of unified
solutions to run, manage, support, customize, configure, connect,
protect, monitor, and optimize enterprise application, database,
and technology software, and enables clients to achieve better
business outcomes, significantly reduce costs and reallocate
resources for innovation. To date, over 5,600 Fortune 500, Fortune
Global 100, midmarket, public sector, and other organizations from
a broad range of industries have relied on Rimini Street as their
trusted enterprise software solutions provider. To learn more,
please visit riministreet.com, and connect with Rimini Street on X
(formerly known as Twitter), Instagram, Facebook and LinkedIn.
(IR-RMNI)
Forward-Looking Statements
Certain statements included in this communication are not
historical facts but are forward-looking statements for purposes of
the safe harbor provisions under The Private Securities Litigation
Reform Act of 1995. Forward-looking statements generally are
accompanied by words such as “anticipate,” “believe,” “continue,”
“could,” “currently,” “estimate,” “expect,” “future,” “intend,”
“may,” “might,” “outlook,” “plan,” “possible,” “potential,”
“predict,” “project,” “seem,” “seek,” “should,” “will,” “would” or
other similar words, phrases or expressions. These forward-looking
statements include, but are not limited to, statements regarding
our expectations of future events, future opportunities, global
expansion and other growth initiatives and our investments in such
initiatives. These statements are based on various assumptions and
on the current expectations of management and are not predictions
of actual performance, nor are these statements of historical
facts. These statements are subject to a number of risks and
uncertainties regarding Rimini Street’s business, and actual
results may differ materially. These risks and uncertainties
include, but are not limited to, adverse developments in and costs
associated with defending pending litigation or any new litigation,
including the disposition of pending motions to appeal and any new
claims; additional expenses to be incurred in order to comply with
injunctions against certain of our business practices and the
impact on future period revenue and costs; changes in the business
environment in which Rimini Street operates, including the impact
of any recessionary economic trends and changes in foreign exchange
rates, as well as general financial, economic, regulatory and
political conditions affecting the industry in which we operate and
the industries in which our clients operate; the evolution of the
enterprise software management and support landscape and our
ability to attract and retain clients and further penetrate our
client base; significant competition in the software support
services industry; customer adoption of our expanded portfolio of
products and services and products and services we expect to
introduce; our ability to grow our revenue, manage our cost of
revenue and accurately forecast revenue; the expected impact of
recent and anticipated future reductions in our workforce and
associated reorganization costs; estimates of our total addressable
market and expectations of client savings relative to use of other
providers; variability of timing in our sales cycle; risks relating
to retention rates, including our ability to accurately predict
retention rates; the loss of one or more members of our management
team; our ability to attract and retain additional qualified
personnel, including sales personnel, and retain key personnel; our
business plan, our ability to grow in the future and our ability to
achieve and maintain profitability; our plans to wind down the
offering of services for Oracle PeopleSoft products; our need and
ability to raise equity or debt financing on favorable terms and
our ability to generate cash flows from operations to help fund
increased investment in our growth initiatives; risks associated
with global operations; our ability to prevent unauthorized access
to our information technology systems and other cybersecurity
threats, protect the confidential information of our employees and
clients and comply with privacy regulations; our ability to
maintain an effective system of internal control over financial
reporting; our ability to maintain, protect and enhance our brand
and intellectual property; changes in laws and regulations,
including changes in tax laws or unfavorable outcomes of tax
positions we take, or a failure by us to establish adequate tax
reserves; the impact of environmental, social and governance (ESG)
matters; our credit facility’s ongoing debt service obligations and
financial and operational covenants on our business and related
interest rate risk, including uncertainty from the transition to
SOFR or other interest rate benchmarks; the sufficiency of our cash
and cash equivalents to meet our liquidity requirements; the amount
and timing of repurchases, if any, under our stock repurchase
program and our ability to enhance stockholder value through such
program; uncertainty as to the long-term value of Rimini Street’s
equity securities; catastrophic events that disrupt our business or
that of our clients; and those discussed under the heading “Risk
Factors” in Rimini Street’s Quarterly Report on Form 10-Q filed on
July 31, 2024, and as updated from time to time by Rimini Street’s
future Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q,
Current Reports on Form 8-K, and other filings by Rimini Street
with the Securities and Exchange Commission. In addition,
forward-looking statements provide Rimini Street’s expectations,
plans or forecasts of future events and views as of the date of
this communication. Rimini Street anticipates that subsequent
events and developments will cause Rimini Street’s assessments to
change. However, while Rimini Street may elect to update these
forward-looking statements at some point in the future, Rimini
Street specifically disclaims any obligation to do so, except as
required by law. These forward-looking statements should not be
relied upon as representing Rimini Street’s assessments as of any
date subsequent to the date of this communication.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240829270348/en/
Janet Ravin VP, Global Communications Rimini Street, Inc. +1 702
285-3532 pr@riministreet.com
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