Jollibee, Ayala, Aboitiz among the “best employers” in the world

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Three Philippine blue chips – fast food giant Jollibee Foods Corp. as well as the Ayala Corp. conglomerates. and Aboitiz Equity Ventures (AEV) – landed on Forbes magazine’s 2021 list of “World’s Best Employers”.

South Korean conglomerate Samsung topped the global list, which included 750 companies, followed by US tech companies IBM, Microsoft, Amazon, Apple, Alphabet and Dell Technologies.

Chinese telecommunications equipment company Huawei placed eighth while software service provider Adobe was ninth. Auto giant BMW completed the Top 10 list.

Jollibee was ranked 256th on this global list, while Ayala and Aboitiz, two of the country’s oldest business houses, ranked 487th and 665th respectively.

Jollibee, one of Asia’s most valuable restaurant groups, operates more than 5,800 stores across 17 brands in 34 countries. In the Philippines alone, it operates 3,217 stores, 15 manufacturing plants and 19 distribution centers, directly supporting 11,808 jobs, based on its 2020 annual report.

Emergency response

When the COVID-19 pandemic hit the Philippines early last year, Jollibee allocated Pesos 1 billion in emergency response funds to provide local employees with financial support even as he spent 7 billion pesos for a global corporate restructuring program.

At the end of 2020, Ayala Corp. had more than 60,000 permanent direct employees, 57% of whom were women. The conglomerate has interests in real estate, banking, telecommunications, renewable energy and infrastructure, healthcare and electronics manufacturing.

Based on its 2020 sustainable development report, Ayala implements a recruitment, remuneration and dismissal policy to ensure inclusiveness and non-discrimination. It also offers competitive compensation and benefits that are compared to industry standards.

People with disabilities have also been hired by some business units, recognizing their skills and abilities that match the job offer.

Aboitiz Equity Ventures, which has interests in energy, banking, real estate, food, cement and infrastructure, has more than 40,000 employees in 11 countries.

In its 2020 sustainable development report, the conglomerate indicated that the first investments in the sustainability of its companies had given it “a huge advantage in moving transparently from a physical work configuration to a digital workforce and ensure that all the appropriate channels and support are in place ”.

Communications, stakeholder management, product sales, financial services and employee learning were all delivered through online platforms. In order to ensure the financial security of team members, salaries and bonuses have been released early. A number of core team members continued to work in their respective areas to ensure the provision of much needed basic services, such as electricity, banking and food. Forbes has partnered with market research firm Statista to establish the rankings by interviewing 150,000 full-time and part-time workers from 58 countries working for multinational companies and institutions, Forbes said in a publication in the 12th. October.

Survey participants rated their willingness to recommend their own employers to friends and family and also rated other employers in their respective industries who stood out positively or negatively.

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