Gaining further global recognition, Rimini Street continues to cultivate an empowering, people-first work culture
(BUSINESS WIRE)--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 a Salesforce and AWS partner, today announced that it has earned Great Place to Work® Certifications for the second consecutive year in France, UK, and the USA.
This honor follows similar recognitions in Australia/New Zealand, India, Israel, Japan, Korea, and Singapore, a Top 50 ranking in India’s Best Workplaces™ in IT & IT-BPM, among many others. These accolades reflect Rimini Street's unwavering commitment to nurturing a work culture that thrives on innovation, collaboration and inclusivity in a dynamic global business landscape.
For over three decades, Great Place to Work® has conducted comprehensive surveys, engaging with over 100 million employees across the globe. Setting the gold standard for recognition, the Great Places to Work Certification™ has become a beacon for companies, signifying workplace excellence with an outstanding employee experience.
Reflecting on this honor, president and CEO of Rimini Street, Seth Ravin, said, "At the heart of Rimini Street's ethos is the principle of trust, a fundamental aspect of our corporate philosophy. This recognition reflects the rich diversity of experiences our team brings to the table, all united in their commitment to cultivate a dynamic, growth-driven and forward-thinking work environment."
France Employees Highlight their “Sense of Work Pride” Contributing to Rimini Street
Rimini Street France stood out in areas such as team cohesion (93%), pride (91%), justice (91%), leadership behavior (91%), corporate image (91%) and engagement index (91%).
Additional survey results included:
- 100% of employees feel that the people at Rimini Street are willing to give extra to get the job done
- 100% of employees believe that management is honest and ethical in its business practices
- 100% of employees understand how their job contributes to achieving organizational objectives
- 100% of employees know customers would rate the service we deliver as ‘excellent’
“Rimini Street France takes great pride in being recognized among the best places to work,” said Brian Almas, senior vice president of global human resources at Rimini Street. “This accolade celebrates our commitment to creating an environment where going above and beyond is our standard, fulfilling our personal and professional desire to deliver extraordinary every day to the 4C’s of Rimini Street – Company, Clients, Colleagues and Community.”
UK Employees Feel Valued Working at Rimini Street
On the heels of earning “Best Workplaces™ for Women 2023” and “Best Workplaces™ for Wellness 2023” for Medium Companies, Rimini Street UK has also been recognized as a Great Place to Work for its second year in a row. Rimini Street UK employees highlight focus areas including justice, competence and teamwork, with survey results showing:
- 97% of employees say they felt welcome when joining the company
- 97% of employees say they feel valued for their work within the company
- 96% of employees believe they are being treated with respect by their manager/supervisor
“Rimini Street UK is very proud to be named a Great Place to Work for multiple years dating back to 2021,” said Gordon Smith, vice president of global SAP support at Rimini Street. "To receive feedback that our colleagues feel welcome and respected means a great deal to the leadership team.”
USA Employees Rank the Company Fairness and Safety
For the second consecutive year, Rimini Street USA has been recognized as a Great Place to Work. Employee feedback emphasized a sense of safety - physical and psychological - and fairness at work.
“At Rimini Street, we understand that building a world-class culture is more than benefits and perks. We believe a great workplace is one where employees can bring their full selves to work each day,” said Michael Spencer, GVP & chief ethics and compliance officer of Rimini Street. “This recognition highlights the dedication of our team in fostering an environment where all our employees feel comfortable and at ease while driving success for the company and themselves.”
Rimini Street’s People-Centric Approach
Key to Rimini Street’s continued growth and its extraordinary results is its exceptional talent pool, driven by employee experience initiatives such as:
- Professional growth through learning and development programs with Rimini Street University
- Prioritization of employee health and wellness through flexibility and better work-life balance with a four-day workweek, available through 2024
- Community engagement through global volunteer activities hosted by the Rimini Street Foundation, Rimini Street’s self-funded charitable giving program
- Regular, anonymous employee surveys for continual listening, improvement and employee satisfaction
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 a Salesforce and 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 5,300 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 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 sustain or achieve revenue growth or profitability, manage our cost of revenue and accurately forecast revenue; 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 qualified employees and key personnel; challenges of managing growth profitably; our need and ability to raise additional equity or debt financing on favorable terms and our ability to generate cash flows from operations to help fund increased investment in our growth; the impact of environmental, social and governance (ESG) matters; 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; 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 November 1, 2023, 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.
© 2023 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.
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Contacts
Janet Ravin
VP, Global Communications
Rimini Street, Inc.
+1 702 285-3532
pr@riministreet.com
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