04-09-2012, 11:28 AM
The McGraw-Hill Companies
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CORPORATE HISTORY
The McGraw-Hill Companies has been a leader in providing high quality information and analysis across global markets for more than a century. From the Industrial Revolution through the Digital Revolution, our core values have remained constant -- The McGraw-Hill Companies is helping to create a smarter, better world by meeting critical needs for the knowledge, insights and analysis that help individuals, markets and countries grow and prosper.
Founder James H. McGraw, a teacher in upstate New York, began working in publishing in 1884, and purchased the American Journal of Railway Appliances in 1888. At the same time, co-founder John A. Hill was working as an editor at Locomotive Engineer.
Over the next fifteen years, the two men pursued their separate careers specializing in technical and trade publications. In 1899, McGraw incorporated his publications under the heading of "The McGraw Publishing Company;" in 1902, John Hill followed with "The Hill Publishing Company."Mutual interest led them to bring together their publishing enterprises to form McGraw-Hill in 1909.Over the next 10-plus decades, the Company has continued to expand into new markets around the world while establishing a legacy of innovation that has time and time again changed the way the world does business and educates its people. Today, The McGraw-Hill Companies is a global information and education company providing knowledge, insights and analysis in the financial, education and business information sectors through leading brands including Standard & Poor's, McGraw-Hill Education, Platts, and J.D. Power and Associates.
With more than 280 offices in 40 countries, the Company is poised to support a new era of global growth by using the latest technologies to help drive 21st century workforce development and to deliver valuable benchmarks and information that help financial and business professionals around the world make better decisions.
VISION
Diversity and inclusion are essential components to the way we conduct business. When we value the contributions of a diverse workforce, we are empowering our employees and enhancing company performance. When we address the unique needs of our customers, we are better serving the communities where we operate. Our goal is to be an employer of choice and a diversity leader, and we measure our success by the engagement of our employees and the satisfaction of our customers and shareholders. Our Diversity Councils are designed to address diversity-related issues affecting our individual business units or The McGraw-Hill Companies as a whole. Through these groups, we bridge the workplace to the marketplace by celebrating our cultural differences and understanding how those differences impact our ability to exceed our customers' needs."
CORPORATE COMMITMENT
For The McGraw-Hill Companies, diversity is a core value reflected in our leadership's commitment to an inclusive workplace that values each individual and their contributions and enables them to reach their full potential.
As global competition increases, our commitment to a diverse and inclusive work environment becomes ever more critical to our future success. In an increasingly global marketplace, the diverse characteristics, perspectives, ideas and backgrounds that our employees bring to the table give us a vital competitive edge in anticipating and exceeding our customers' needs.
WORKFORCE
McGraw-Hill employees are based in offices and facilities around the world. Responsibility for our workforce means that all employees receive competitive wages, health and life insurance, and that these benefits extend to spouses and, in the U.S., domestic partners.
We value individual contributions to our success by offering employees a multifaceted compensation program. Competitive base salaries are only the beginning. In addition to performance-based pay, we offer eligible employees participation in annual incentive plans.
The success of our business depends on attracting, developing and retaining the best people. We do this by communicating openly and honestly with employees, investing in their development, welcoming diverse talent and ensuring their health, safety and well-being.
PRODUCTS, SERVICES AND CLIENTS
Our diverse employees make it possible to understand, develop and market products to meet the unique needs of our increasingly global and diverse customer base. This is especially important as the proportion of people of color and non-U.S. born citizens residing in the U.S. grows steadily and as we continue to expand out global business.
We are constantly working to identify better solutions and develop business models that meet the needs of our diverse customers. For example:
• McGraw-Hill Education's National Urban Markets initiative is devoted to partnering with educators and communities to understand the unique needs of urban districts and develop better solutions for them
• McGraw-Hill Broadcasting Group's expansion into Spanish-language television through its Azteca America affiliates has enabled us to better serve the fastest growing minority group in the U.S.; and
• Standard & Poor's expansion into Asia has made India home to our second largest employee population outside of the U.S. and helped us to better serve our growing and changing markets across the globe