The Market Monitor Minding the Nation's Business
Security Bank Corporation (PSE:SECB) has been ranked the second best employer in the Philippines and the 54th best employer globally on Forbes’ World’s Best Employers 2023 list.
The ranking was based on results from an extensive independent survey of over 170,000 employees across 55 countries by Forbes and market research company Statista. Respondents were asked to rate their willingness to recommend their own employers. Additionally, participants were prompted to evaluate other employers from their respective industries.
While the top spot in the Philippines went to San Miguel Corporation, Security Bank bested Metrobank (#3), Ayala Corporation (#4), Alliance Global Group (#5), and LandBank (#6).
“At Security Bank, our people are our most valuable asset—we continue to invest in their holistic development. We’re extremely proud to see our forward-thinking and positive work environment recognized in such a big way,” said Nerissa Berba, EVP and Chief People Officer of Security Bank. “Our high ranking on Forbes’ World’s Best Employers 2023 list is proof of our commitment to being the Employer of Choice in Philippine banking.”
Security Bank’s ranking on Forbes’ World’s Best Employers 2023 list comes on the heels of many accolades received for its Human Capital Management (HCM). Earlier this year, the Bank introduced its Employee Value Proposition (EVP) “You Matter” with industry-leading programs around employee care and experience, enablement, flexibility, listening, purpose, rewards and recognition.
For 2023, Security Bank also won the Workplace Wellness Program Award – Philippines at the ESG Business Awards; inclusion on the Philippines’ Best Employers 2024 list by Statista; Excellence in Workplace Wellbeing – Silver, HR Leader of the Year (Berba), and HR Manager of the Year (Eileen Reyes, FVP and SBC Academy Head) at the HR Excellence Awards; Diversity Champion and Talent Insights Pioneer by LinkedIn; and Excellence in Employee Engagement by Retail Banker International.