Union Bank of the Philippines has been named as one of HR Asia's Best Companies to Work For in 2023, with this being the bank's third win, and the only Philippine bank to win this year. The Bank prides itself on being the most modern, digitally transformed, and forward-thinking bank in the country, and as a leader in digital transformation, the Bank owes its success to its employees.

It is an absolute priority for the Bank to invest in their well-being and growth, recognizing that their employees are the reason why UnionBank is successful.

As the Bank continues to grow, it strengthens its commitment to employee engagement and retention, implementing various programs to support, empower, and reward its employees:

• Commitment to ensuring employee well-being and wellness - The Bank has introduced an Employee Assistance Program (CHAT), a mental health program which gives employees access to professional counseling and therapy, and launched dedicated groups UMatter (LGBT) and FutureForwardFemales (Women in Tech and Leadership) to promote diversity, equity, and inclusion. Healthcare insurance is extended to domestic and same-sex partners, and retirement programs and offboarding sessions educate retiring employees on protecting and growing their retirement fund while remaining productive. Employee clubs and interest groups are reactivated and funded to foster a sense of community among employees.
• Commitment to professional development - The Bank's UnionBank University is a readily accessible library of learning courses that strengthens the core capabilities of employees to support upskilling and reskilling. UBP Xcellerator is a CSR-funded program that promotes digital delivery for capability building and is offered for free to Filipinos to build skills and expertise in emerging technologies like AI, Data Science, Robotics, Blockchain, and more. The Bank also offers Executive Coaching for Leaders, which are comprehensive leadership sessions with industry experts that are experiential, purposeful, and transformative.
• Commitment to social responsibility - GoBeyond Communities is an employee-led bank-funded CSR program empowering employees to co-create innovations for a better world by volunteering, donating to charitable causes, or sponsoring community events.

Over the years, UnionBank's employee engagement ratings have consistently been high, with a rating of 4.42 in 2022, higher than the bank-wide target of 4.41 and above the global best practice. The attrition rate was 8.95% in 2021, lower than the industry standard.

Distinguished institutions have recognized UnionBank's outstanding innovations and workplace culture, consistently awarding the Bank as Most Recommended Retail Bank, Best Digital Bank, and the only bank in the country to receive a Great Place To Work Certification for two years. The Bank is proud to be one of HR Asia's Best Companies to Work for in Asia in 2023 and remains committed to investing in the well-being and growth of its employees.