History

PT Pegadaian as one of the oldest financial institutions in Indonesia. As a state-owned enterprise, Pegadaian has a long history which began in the 18th century when Vereenigde Oost Indische Companies (VOC), established Bank Van Leening, a credit institution extending on pawning system. Then the Dutch government issued Staadsblad no 131 dated 12th March 1901 that principally govern that establishment of pawnshop was monopolized and only government runs such business. In accordance with this law, the first state pawn shop was established in Sukabumi (West Java) on 1st April 1901.Thus, each 1st April is the anniversary of Pegadaian.

Now, Pegadaian has transformed as a business entity which not only gives loans based on pawn but also other profitable business Until the end of 2022 there are more than 4000 Pegadaian branches spread across the Indonesian archipelago. The logo of Pegadaian the scales of justice. Pegadaian's motto is 'overcoming problems without any problems'. As a state-owned enterprise besides acting as business entity, Pegadaian also has an obligation to support government program in the effort to increase mid to low class society welfare through main activity of pawning credit distribution. Both activities make Pegadaian a unique business entity.

HR Initiative Strategies Implemented

Pegadaian become part of an active role in preparing a superior and competitive young generation to create a Gold Generation (Generasi Emas). In line with the Groom Talent transformation strategy, the company is also preparing young talents to become the nation's future leaders. As a form of commitment to support Government programs, Pegadaian continues to improve employee competencies and upgrade human resources (HR) to “Indonesia Maju”. On the other hand, through the products and services provided, the company helps the next generation to realize the Gold Generation (Generasi Emas) with the Spirit of Gold.

Pegadaian also attract and retain top talent with employer branding strategy such as social media campaign, Pegadaian Uni-Fest, Employer Branding index survey, Internship Program, Human Capital Award and Video Talent Branding. Pegadaian also provide effective reward management strategies that include development, compensation, recognition, benefit, and wellbeing. Learning and development program such as Self Learning (Learning wallet, e-learning, scholarship, training program by level. As Pegadaian employees who carry and implement the AKHLAK Culture, in accordance with the company's vision to become the most valuable financial company in Indonesia and as the Community's Top Choice Financial Inclusion Agent, Pegadaian consistently implements Good Corporate Governance (GCG) in carrying out its business operations.

To identify its top talent, Pegadaian clusters employees based on their performance and capacity. By combining these parameters, Pegadaian gains a comprehensive understanding to serve a strategic decision making tool on employee development and succession planning. Pegadaian implemented succession planning by identifying high performers with great potential to develop and designate potential successors for specific roles based on their readiness and suitability. The succession planning is strategized in order to have the right people in the right place at the right time for the right reason.