Manulife Philippines, subsidiary of Manulife Canada, said it will put more money on employee development using technology to hone the expertise and skills of its workforce.
“Manulife continues to invest in employee development by leveraging its online learning platform Pursuit, which empowers employees to discover and develop business, technology-related, and creative knowledge and skills through expert-led online courses,” the company said in a statement Monday, Sept. 18.
Worldwide, the Canada-based Manulife Financial Corp. has over 40,000 employees and 116,000 agents.
Manulife Philippines was awarded recently by two international award-giving bodies, the HR Asia and the Insurance Business Asia.
The company was named Best Companies to Work for in Asia (The Philippines Chapter) by HR Asia “with special citations for Manulife’s exemplary diversity, equity & inclusion (DEI) efforts”.
Insurance Business Asia, meanwhile, gave it the Top Insurance Employers award for this year.
HR Asia is a global magazine for human resource experts while Insurance Business Asia is also a global media company.
Manulife said Insurance Business Asia conducted an internal survey on the insurer’s “employee benefits, incentives, development, and culture, which found that Manulife had an 80% or greater satisfaction rating from its employees.”
“We thank HR Asia and Insurance Business Asia for these awards as they truly reaffirm our winning culture built on our strong core values that empower our employees to bring their best and most authentic selves at work. This helps us achieve our bold ambitions, as we remain well-positioned to help more Filipinos to get financially secure, making their lives better every day,” said Manulife Philippines’ president and CEO, Rahul Hora.
“By fostering a supportive, diverse, and thriving work environment for our teams, we make every day an opportunity to drive positive change to foster growth, innovation, and a shared sense of purpose across our organization,” he added.
As part of employee development, Manulife currently runs programs such as Fuel Up Fridays for the advancement of their personal and professional growth, as well as their health and well-being, said the company.
It has expanded its employee-resource groups as well, such as Global Women’s Alliance and Professionals Reaching Out for Unity and Diversity.