Tauck Ranked Among "Best Places To Work In Connecticut"

Workplace Award, Record Revenues Sparked By Investments In Company During Economic Downturn

NORWALK, CT (March 27, 2012) Tauck, the Norwalk-based leader in premium quality guided land journeys and cruises, has placed second in the Hartford Business Journal’s annual rankings of the best places to work in Connecticut. The award is being officially announced in this week’s edition of the publication, where the company is being recognized in the category for small to medium-sized businesses.

Now in its sixth year, the Journal’s “Best Places To Work” awards celebrate “the best and brightest” companies in Connecticut. Prospective award winners must undergo a rigorous workplace assessment process, including a comprehensive survey of employees. The process and judging are administered by an independent professional research firm that manages “Best Companies” programs throughout the U.S. and Canada.

In honoring Tauck, the Journal noted the shared sense of purpose among employees to deliver extraordinary travel experiences to the company’s clients. Tauck also earned high marks for the incentives it provides to encourage employee travel on its tours and cruises, its strong emphasis on employees’ health and well-being, and the company’s efforts to foster professional development and a meaningful work-life balance among staff.

AWARD, RECORD REVENUES REFLECT VALUES, CONTINUED INVESTMENTS

For Tauck CEO Dan Mahar, the Hartford Business Journal award reflects the 87-year-old company’s long-held corporate values. “Great companies have a strong sense of purpose and that purpose is instrumental to their longevity. Everyone who works in our company truly believes that we can enhance our customer’s lives thru authentic and meaningful travel experiences,” said Mahar. “Further, we strive to create an environment where employees feel cared for, trusted and respected and we hope that through this positive environment, we can enable our team to deliver exceptional experiences for our guests.”

“Great workplaces help companies achieve great results,” said Mahar. “Because we have great people and are optimistic about the future, we chose to invest significantly during and after the recession. There is much evidence that those companies who invest during downtimes emerge stronger when conditions improve. We essentially doubled-down during the recession, knowing that it would help us come out in a much stronger position afterwards,” Mahar added. “We definitely took the long view, and the fact that today we’re considered among the state’s best places to work is a great indication that our investment has paid off.”

Tauck generated record revenues in 2011, just two years after the biggest downturn in the company’s business since World War II. “During the downturn we expanded our fleet of European riverboats, we developed a partnership with the filmmaker Ken Burns, and we introduced new trips in Asia, Africa, Europe, South America and North America,” said Mahar. “We also opened new sales offices in Canada and the UK, we expanded our sales presence in the US, we upgraded our internal computer systems, and we continued to invest in our people. As a result, when business started to come back in 2010, we were in a far better position to capitalize on it than if we had pulled back and retrenched during the crisis, like so many other companies did.”

“Our decision to continue investing created the environment responsible for today’s successes,” concluded Mahar, “It’s ensured we’re a great place to work, and it’s helped our business to thrive.”

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