March 21, 2012
Panda Restaurant Group (PRG) has reached an important company milestone with the hiring of its 20,000th associate. PRG's mission is to build an organization where people are inspired to better their lives and recently established its 2020 Vision: "To be a world leader in people development to become loved by our guests." This vision represents the commitment the organization has to both its associates and guests.
"Organizations are defined by their focus, passion and commitment. Guided by our 2020 Vision, we are committed to our love of our associates and guests," said Dr. Peggy Cherng, co-chair and co-CEO of Panda Restaurant Group. "We believe that fantastic guest experiences are delivered by happy and fulfilled associates. It is our responsibility to provide a workplace which invests in the whole person, honoring and developing their mindset and skill set."
PRG offers competitive benefits packages for support center and restaurant associates, which include health care, access to an annual learning and development fund and stock options. Its 2012 revenue is expected to top $1.6 billion in sales, signifying increased opportunities for growth and advancement for associates at all levels. The company was named by the Los Angeles Business Journal in its Top 10 Places to Work and has an annual turnover rate of 66 percent.
"The dedication and passion of each Associate, since our beginning more than 35 years ago, has contributed to us reaching this momentous time in our company. We are committed to being the employer of choice and the Asian dining experience of choice. As we celebrate, we will always keep our eyes on our ultimate goal – to be the world leader in people development and to become loved by our Guests," Cherng said.
Read more about restaurant staffing and training.