SOURCE: Avis Budget Group, Inc.

Avis Budget Group, Inc.

October 05, 2009 14:00 ET

Avis Budget Group Named to AARP List of Best Employers for Workers Over 50

PARSIPPANY, NJ--(Marketwire - October 5, 2009) - Avis Budget Group, Inc. was recently recognized by AARP as one of the "best workplaces" for people over 50, for its commitment to recruiting, hiring and retaining older workers. The Company shares the 2009 Best Employers for Workers Over 50 spotlight with other honorees including: Cornell University, S.C. Johnson & Son, Blue Cross and Blue Shield of New Jersey, Michelin North America and Intel Corporation.

"Avis Budget Group has demonstrated exemplary practices with regard to recruitment, retention and promotion of older workers, in addition to creating and fostering a workplace that is supportive of the contributions older workers offer to the business community," said AARP Chief Executive Officer Addison Barry Rand. "We commend Avis Budget Group for creating an age-diverse workplace and proudly add them to the list of this year's honorees."

Avis Budget Group has long been an attractive choice for workers over 50. Currently, nearly half of its workforce (47 percent) falls into that group.

AARP cited the Company's efforts to meet the needs of older workers. Avis Budget Group regularly invites all employees to complete a workplace satisfaction survey and uses senior placement agencies to identify and hire workers over 50.

"As the population ages, it is important to provide opportunities in the workplace for older, experienced and dedicated people," said Ronald L. Nelson, Avis Budget Group Chairman and Chief Executive Officer. "Being recognized by AARP for our commitment is an honor we are proud to accept."

For more information on the 2009 Best Employers, visit www.aarp.org/bestemployers.

About AARP

AARP is a nonprofit, nonpartisan membership organization that helps people 50+ have independence, choice and control in ways that are beneficial and affordable to them and society as a whole. AARP does not endorse candidates for public office or make contributions to either political campaigns or candidates. AARP produces AARP The Magazine, the definitive voice for 50+ Americans and the world's largest-circulation magazine with over 35.5 million readers; AARP Bulletin, the go-to news source for AARP's 40 million members and Americans 50+; AARP Segunda Juventud, the only bilingual U.S. publication dedicated exclusively to the 50+ Hispanic community; and our website, AARP.org. AARP Foundation is an affiliated charity that provides security, protection, and empowerment to older persons in need with support from thousands of volunteers, donors, and sponsors. AARP has staffed offices in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.

About Avis Budget Group, Inc.

Avis Budget Group, Inc. (NYSE: CAR) is a leading provider of vehicle rental services, with operations in more than 70 countries. Through its Avis and Budget brands, the Company is a leading general-use vehicle rental company in each of North America, Australia, New Zealand and certain other regions based on published airport statistics. Avis Budget Group is headquartered in Parsippany, N.J. and has approximately 24,000 employees. For more information about Avis Budget Group, visit www.avisbudgetgroup.com.