Highlights

One of the World's Best Companies in 2023

by Time Magazine

94% Sustainable Engagement Score

for Ayala Corporation

Leadership Commitment Statement on Diversity, Equity and Inclusion

from the Ayala Group of Companies

4.8M direct and indirect beneficiaries

served by Ayala Foundation

Ayala adopts a people-first culture that translates to meaningful and dignified work for employees and a thriving populace for the communities affected by its businesses.

Beyond the organization, Ayala also reaches out to communities through Ayala Foundation and various community outreach programs. By doing so, the company remains true to its social ambition of being good members of the communities where it works and lives, thereby enabling Filipinos to thrive.

Human Capital Management and Development

Ayala Corporation endeavors to provide a positive and meaningful experience to each of its almost 200 employees throughout their stay in the company by incorporating strategic programs in every phase of the talent journey, often going over and beyond what is mandated by the government. Across the group, Ayala plays a leading role in the Ayala HR Council, where groupwide initiatives – from engagement, talent management, to volunteerism in social and environmental causes and many others – are formulated and subsequently implemented across the entire Ayala Group workforce. Through these initiatives, the company hopes to ensure employee satisfaction and motivation, regardless of their role in the organization.

Talent Planning and Recruitment

The company strives to ensure that it continues to be considered as an employer of choice. In hiring new employees, Ayala does not discriminate any candidate on the basis of age, gender, religion, status, or any other personal preferences and conditions. Over the years, it has taken in talents who are competent, committed to sustainability principles and can work with and through Ayala to generate meaningful value for its shareholders and the larger community it serves.

Ayala sees to it that the job offer reflects a compensation and benefits package that is commensurate to the talent’s qualifications and experience. To align with the employee’s career expectations, the hiring team also explains the job profile and responsibilities and discusses potential career paths.

To ensure that it hires the right people for current and future business requirements, the company regularly reviews its strategy and benchmarks the same against industry best practices. It also collaborates with the Talent Network, a group of more than 70 Human Resources (HR) practitioners across the Ayala Group, to share learnings and insights on talent management.

Ayala also recognizes the importance of nurturing young talents and shaping a bright future for them. Through the Ayala Group Summer Internship Program (AGSIP), the company offers a unique learning opportunity for college students nationwide by immersing them in one of the business units within the Ayala Group. They are assigned daily tasks and special projects and are encouraged to come up with an innovative solution to an identified gap or improvement area in their host company. In 2023, a total of 38 participants benefited from this experience.

Ayala’s career management principle is to nurture a culture of synergy and agility that empowers employees’ dynamic and evolving professional development journey.

Management and Development

Ayala believes that a firm partnership among executives, supervisors and staff is critical to have a rewarding and meaningful career. This is why the company urges its employees to actively advocate for their own career path, while the HR team provides the needed support for it to progress. Simply put, the employee is the player and the HR team is the enabler. Ayala encourages career conversations to happen and makes available tools and trainings for them to be facilitated effectively.

In view of the changes and opportunities that are shaping the future of workforce, Ayala is rethinking its strategy on talent management. Whereas linear is the path that traditional career management pushes for, Ayala now adopts a dynamic and agile approach where promotion is no longer the only indicator of career growth. The company believes that its talents are active participants in their professional development and works with them to explore and co-create their growth path systems.

Ayala’s talent management and development programs are strategically planned based on two factors – the business requirements, as well as the general and specific needs of its talents. As the company builds more businesses, it keeps track of market trends and the skills associated with new requirements and develops its employees accordingly. For example, generative artificial intelligence (AI) recently saw a boost that disrupted how traditional business activities are carried out. To keep up with this development, Ayala studied its impact on the workforce and offered programs to train employees on the effective use of AI. As well, the increasing importance of data analytics in business necessitated certain talents to undergo a certification course to fully understand its applications to Ayala businesses.




Ayala regularly reviews its talent profile, identifies common development areas and builds a training program – either internally or in collaboration with a reputable academic institution like Harvard University – for targeted participants. The company also makes use of digital learning platforms such as Coursera, LinkedIn Learning, Emeritus and Skillsoft to make training programs accessible to more employees. For employees with specific learning needs to address deficiencies or to fast track development, Ayala offers other intervention such as coaching or mentoring, project immersion and assignment to a new role.

Another key component of Ayala’s human capital management and development strategy is succession planning and management. Cognizant of its importance in ensuring business continuity and success, the company is quick to address talent or skills gap and is in constant communication with company leaders to identify talents who can fill in the role immediately or in the short- or medium term. Special programs such as the Leadership Acceleration Program (LEAP) and the Emerging Ayala Group Leaders (EAGLE) were developed by Ayala for this purpose.

Engagement and Retention

Ayala understands that sustainable engagement means employees must be engaged to develop a good working relationship with the company, enabled through a work environment that supports productivity and performance and energized by making sure that the organization takes care of their individual, physical, interpersonal and emotional well-being at work.

Engage

Ayala’s employee engagement approach involves more than just holding special events and company-wide activities. While Ayala celebrates special occasions such as Christmas and Valentine’s Day and applauds big and small wins with employees, it gives more importance to building a strong culture and work environment where workers feel valued, seen and heard.

Central to Ayala’s engagement philosophy is respecting the unique situation that employees are in. Some may be raising small kids, while others prefer to be childless and focus on their career. In other cases, some may want to move up the career ladder, while others are happy with where they currently are. Also, some employees may be sports enthusiasts, while others prefer a different hobby outside of work. The important thing for Ayala is to create policies and programs that factor in the diversity and ensure that they are inclusive and beneficial to all segments of the workforce.

Despite adopting a hybrid and flexible (hyflex) work arrangement, the company continues to provide opportunities for employees to collaborate and socialize through fACetime Wednesdays and other regular meet-ups.

Ayala’s Strategic Human Resources team regularly holds fACetime Wednesdays, wherein employees are informed about exciting developments in Ayala.

Enable

As a top employer in the Philippines, Ayala views it a privilege to be able to support the growth of its talents through a work environment and culture that advocate productivity and performance. The company’s career management principle is focused on nurturing synergy and agility to empower the employees’ dynamic and professional development journey.

The HR team, through the line managers, works closely with talents and guides them as they curate their own career experience. Employees take control of developing their career plan, while the company supports them through capability-building accelerators such as training, peer and experience-based learning, coaching and mentoring and other development tools.

Another way by which managers and employees work together is through performance management. This process involves planning, monitoring and reviewing a talent’s work objectives and overall contribution to the company. By doing this, talents are able to determine where they are in their career journey and what skills they need to bridge the gap to their destination. It is also in these conversations that employees are encouraged to share their experiences so the managers will know how to help make their career journey more fulfilling.

Moreover, the results of performance appraisals guide the company in identifying talents for promotion and those who will receive merit-based increases or bonuses and incentives. These outcomes are on top of the regular pay and non-salary benefits like medical assistance, insurance coverage, loan facilities and leave credits that Ayala provides its employees as part of its total rewards system.

In recognition of their loyalty, dedication and exemplary performance, senior executives and key talents can also avail of the Employee Stock Ownership Plan. The grants are given on a deferred basis following a three-year vesting schedule from grant date. If an employee is separated for cause, the proportionate unpaid deferred portion of the grant allocation is automatically forfeited in favor of Ayala while the paid portion will be subject to Ayala’s right to repurchase.

The Ayala Leaders League brings together emerging leaders across the Ayala Group in a three-day event that aims to strengthen the relationships among participants and encourage synergies among key talents.

Energize

Ayala recognizes that its strength as an organization is contingent on the overall well-being of its employees who carry out the day-to-day tasks. For this reason, the company endeavors to provide its employees with a supportive, safe, healthy and happy work environment. It also promotes a lifestyle that will result in a healthy physical, mental, emotional and spiritual well-being among its workforce.

For more information on the company’s health and safety programs, see Health and Safety discussion below.

 

Diversity, Equity and Inclusion

Diversity, equity and inclusion (DEI) are hugely important principles for the Ayala Group. The company derives its strength and relevance to the spectrum of voices, backgrounds, experiences and personalities that comprise its workforce. As a solid testament to this commitment, as well as to institutionalize guiding principles regarding DEI, the Ayala Group Management Committee approved the following statement. Specific initiatives stemming from this commitment statement will be subsequently designed by the different companies and their teams.

Ayala Group of Companies DEI Leadership Commitment Statement

Our purpose is to build businesses that enable people to thrive. This means building businesses that are sustainable, equitable and inclusive.

Our strength and longevity owe much to contributions from a diverse set of stakeholders. Equitable and inclusive treatment of people with diverse backgrounds and perspectives makes us stronger. Employees and customers that feel a sense of belonging, whatever their circumstances, make for a stronger Ayala.

We view diversity, equity and inclusion as fundamental to Ayala.

We aspire to:

  1. Create shared value with our stakeholders by actively listening and providing the space and environment for diverse voices and ideas to be heard.
  2. Build an inclusive workplace culture that recognizes and values all backgrounds, voices, roles and contributions.
  3. Foster practices to help us build a diverse workforce, empowered and supported to perform at their highest potential.
  4. Hold our leaders accountable for developing diverse and inclusive teams, making decisions equitably and transparently and modeling inclusive behaviors.

As we work toward these outcomes, we will hold fast to our promise at the Ayala Group, you can be YOU.

This commitment to DEI is present in Ayala’s HR policies and progress made on DEI is tracked as part of the 2023 ENGAGE employee engagement survey. The company’s recruitment policy, for instance, states that “in hiring, the company does not discriminate on the basis of gender, sexual orientation, race, ethnicity, color, religion, age, marital status, disability, economic status and political affiliation.” Instead, Ayala chooses the best candidate based on qualifications and values.

In 2022, updates in Ayala’s benefits were implemented in consideration of the diverse needs and conditions of its workforce. For example, employees’ medical benefits and insurance coverage now recognize same-sex and common law partners as dependents, as well as expanded age coverage for dependent parents of single employees.

In addition, Ayala maintains a healthy ratio of male to female employees at the Board level, as well as in the senior and middle management levels. Equal opportunities are made available to all employees regardless of age or gender.

To ensure that everyone in the organization understands the significance and implications of DEI, the company will conduct training and awareness sessions for all employees within the Ayala Group. Ayala will also review current programs and policies with a DEI lens to remove any biases.

Ayala’s employee demographics by gender, age group, and rank are shown below.

44% Male
56% Female
8% Below 30
60% 30 to 50
32% Above 50
36% Rank and file (26% Male, 74% Female)
33% Middle Management (47% Male, 53% Female)
31% Senior Management (64% Male, 36% Female)

Health and Safety

Ayala holds itself responsible for its employees’ health and safety at the workplace. As such, the company has put in place infrastructure, systems and tools that will safeguard not only the people, but also the facilities and premises. Ayala complies with local and international regulations and is always on the lookout for new and better ways to uphold occupational safety and health (OSH). To coordinate efforts on this front, Ayala established an OSH Committee and assigned an OSH Officer.

Focusing on employees’ health, Ayala launched Wellness Program 2.0, an experiential-based program that aims to improve the overall well-being of employees through crafts and hobbies, personality development, sports, physical, mental and spiritual wellness and other activities that can complement traditional medical management. Apart from physical health, the company also advocates for mental health by including mental wellness in its medical programs, providing regular access to a psychiatrist and Mind You, an online wellness platform and making available leave credits which can be used for mental breaks.

As for the safety of office premises, the OSH team regularly inspects each floor Ayala occupies in the building to address any identified risks or unsafe conditions. Ayala coordinates with the building administrator, as well as the other tenants in the building, to align emergency and disaster protocols. The company also partners with the local government units and national government agencies such as the National Disaster Risk Reduction and Management Council (NDRRMC), Bureau of Fire Protection (BFP) and the Armed Forces of the Philippines (AFP) in carrying out fire and earthquake drills and disaster response operations.

To achieve a culture of preparedness and ensure that everyone in the organization conducts activities in a safe, healthy and responsible manner, the company informs and trains its employees on health and safety, incident management and disaster preparedness. Ayala conducts at least two emergency drills annually and has a group composed of volunteer floor marshals. The company also has six certified Safety Officers Level 2.

In 2023, 83 personnel participated in the mandatory OSH training.

Ayala’s Crisis Management Policy and Governance and Crisis Management Plan guide employees on what to do before, during and after a crisis. The preparation steps include ensuring that their company-provided emergency Go Bags are ready for use, registering their office-issued mobile phones to the Ayala Sign-in System for Immediate Support and Tracking (ASSiST) app, knowing the emergency exits and routes, as well as the proper use of resources like fire extinguishers, first aid kits and automated external defibrillator units. When faced with a crisis, Ayala personnel must activate the call tree, report to the Ayala Crisis Coordination Center (AC3) and await further instructions. AC3 also sends out advisories via ASSiST if there are threats or hazards. Affected employees may seek support from the AC3 as it serves as the 24/7 help desk.

Ultimately, Ayala’s people-first culture means prioritizing the health and safety of its employees and it influences its business units to do the same. Given the varied nature of the businesses within the Ayala Group, the business units have their respective OSH policies, systems and processes, with some implementing a certified OSH management system.

Human and Labor Rights

As part of its social thrusts, Ayala is currently developing a policy statement and framework on human rights in accordance with the UN Guiding Principles on Business and Human Rights and as guided by the various international human rights instruments.

Following the human rights policy, a framework and process for human rights due diligence will be developed next to ensure that Ayala can work with its stakeholders and partners to uphold the same commitment to human and labor rights across various touchpoints and interactions.

While the company’s policy on human rights is underway, Ayala continues to uphold its stance against child labor and forced or compulsory labor and to protect and respect the rights of indigenous people and other marginalized sectors in the communities where it operates.

At the workplace, Ayala remains steadfast in its aspiration to create an environment free from any form of harassment and a space where its employees feel safe and respected. The company counts on its personnel, business units, partners and suppliers to likewise champion human rights in their respective communities.

Ayala does not have a labor union. However, the company influences its business units with labor unions to always maintain industrial peace and open communication with them. They are expected to comply with labor laws and regulations at all times.

Community Engagement

In parallel to its business operations, Ayala nurtures its relationship with the greater community by helping address their social and economic needs. The company’s presence in various communities all over the country manifests its citizenship and solidarity with the Filipino people, as well as its aspiration to help create a better future for all.

Ayala hopes to expand not just its business footprint, but more importantly, its social reach by working closely with local governments, leaders and associations to improve the quality of life in their communities. The company consults them to identify possible synergies and to seek their input and feedback on which issues to prioritize. This strong partnership with local stakeholders enables Ayala to be among the first responders in times of disasters and to coordinate efforts to provide community assistance.

Ayala’s community engagement initiatives are driven by the collective effort of its employees. Through the WeAreAyala Business Club (WAABC), for example, employees across the group actively and regularly participate in community programs outside Metro Manila as their way of giving back. In effect, they become ambassadors of the Ayala brand. By bringing Ayala businesses together at the regional level, the group is able to create greater value and extend a more strategic assistance to communities in need.

Saludo sa Serbisyo

Apart from local communities, the company also aims to support often undervalued groups. Ayala’s comprehensive and sustainable needs-based program for uniformed personnel, Saludo sa Serbisyo, is an example of such an initiative.

To show its appreciation for the service they have rendered, the company extends health and wellness, financial education, livelihood training and home and car ownership programs, as well as special discounts on its products and services to members of the Philippine National Police (PNP), Philippine Coast Guard (PCG), AFP and BFP.

Four hundred officers and staff from the Armed Forces of the Philippines Philippine National Police Philippine Coast Guard and Bureau of Fire Protection attended the SaludoSaSerbisyo caravan held at the City Sports Club Cebu last week.

Ayala Foundation

In 2023, Ayala Foundation stepped up its efforts to serve some of the poorest communities in the Philippines while growing its beneficiary base and sustaining operational efficiency. In addition, measures to more accurately reflect the impact of its programs in Community Development, Leadership Development, Arts and Culture and Corporate Citizenship were put in place.

Ayala Foundation served a total of 4.8 million direct and indirect beneficiaries in 2023, representing a 26.3% increase from the previous year’s 3.8 million beneficiaries, while keeping operational efficiency above target.

Ayala Foundation Arrow up icon

Performance Indices

Ayala uses as references relevant GRI Standards in disclosing the group's performance across material topics.

Learn more about Ayala's Social performance in the 2023 Integrated Report.

Learn more about Sustainability at Ayala

Climate Action and Resource Efficiency page

Climate Action and Resource Efficiency

visit page Arrow up icon
Sustainability Blueprint page

Sustainability Blueprint

visit page Arrow up icon
Responsible Business Practices page

Responsible Business Practices

visit page Arrow up icon