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Here are the Filipino companies that made it to Forbes' best employers worldwide list in 2023

By NICK GARCIA Published Nov 29, 2023 4:51 pm Updated Nov 30, 2023 9:27 am

Eight Filipino companies made it to Forbes Magazine’s 700 best employers in the world in 2023, with the diversified conglomerate San Miguel Corporation (SMC) leading the group.

SMC placed 43rd and is the only Filipino company in the Top 50.

In a statement, SMC President and Chief Executive Officer Ramon Ang said it’s a great honor to be part of the list.

“This just goes to show that Filipinos can compete and run proudly with the very best in the world,” Ang said. “It also shows that given the right training, motivation, support, and a sense of a higher purpose, the Filipino workforce is highly motivated, effective, dedicated, and therefore fulfilled in their work.

South Korean electronics company Samsung topped the global list.

According to Forbes, rankings were determined by partnering with market research firm Statista. They surveyed over 170,000 employees in over 50 countries who work for multinational companies and institutions.

Respondents were asked whether they would recommend their company to family or friends and to rate their employer based on such criteria as talent development, remote working options, parental leave benefits, diversity, work-life balance, and pride in the company's product or services.

The magazine noted that companies didn’t pay any fee to take part in the survey.

Here are the eight Filipino companies in this year’s list.

San Miguel Corporation – 43rd
  • Industry: Food, Soft Beverages, Alcohol & Tobacco
  • Founded: 1890
  • Headquarters: Mandaluyong
  • Vice Chairman, President & CEO: Ramon Ang
  • Employees: 50,433
Security Bank– 54th
  • Industry: Banking and Financial Services
  • Founded: 1951
  • Headquarters: Makati
  • Chief Executive Officer: Sanjiv Vohra
  • Employees: 7,338
Metropolitan Bank and Trust Company or Metrobank –162nd
  • Industry: Banking and Financial Services
  • Founded: 1962
  • Headquarters: Makati
  • President and Director: Fabian S. Dee
  • Employees: 10,000
Ayala Corporation – 186th
  • Industry: Conglomerate
  • Founded: 1834
  • Headquarters: Makati
  • CEO: Cezar Juan P. Consing
  • Employees: 64,000
Alliance Global – 283rd
  • Industry: Food, Soft Beverages, Alcohol & Tobacco
  • Founded: 1993
  • Headquarters: Manila
  • Employees: 32,955
Landbank – 304th
  • Industry: Banking and Financial Services
  • Founded: 1963
  • Headquarters: Manila
  • CEO: Lynette V. Ortiz
  • Employees: 10,000
LT Group – 361st
  • Industry: Banking and Financial Services
  • Founded: 1937
  • Headquarters: Taguig
  • Employees: 14,290
SM Investments Corporation – 420th
  • Industry: Professional Services
  • Founded: 1958
  • Headquarters: Manila
  • CEO: Frederic Cuyegkeng DyBuncio
  • Employees: 140,000