Aboitiz in Forbes list of World’s Best Employers 2022 (2024)

Forbes’ 2022 list of World’s Best Employers ranks the Philippine conglomerate Aboitiz Equity Ventures, which has over 35,000 employees, at 740th place out of 800 companies. | PHOTOGRAPH COURTESY OF ABOITIZ.COM

Forbes released on 11 October its 2022 list of World's Best Employers, and at 740th place is Philippine conglomerate Aboitiz Equity Ventures.

Aboitiz, with over 35,000 employees, is a conglomerate engaged in power, banking and financial services, food, infrastructure, land, data science and artificial intelligence, and other investment activities.

Explaining its methodology, Forbes said it compiled the sixth annual edition of the list in partnership with market research company Statista. "To compile this ranking, Statista surveyed 150,000 full-time and part-time workers from 57 countries working for multinational companies and institutions to determine which ones excel in corporate impact and image, talent development, gender equality and social responsibility.

"Participants were asked to rate their willingness to recommend their employers to friends and family and to evaluate other employers in their respective industries that stood out either positively or negatively. This year's list comprises 800 companies that received the highest scores."

The recognition that it is one's of the world's best employers reaffirms that Aboitiz is indeed, as its website says, "one of the best-managed companies in the Philippines and in the region… consistently cited for its commitment to good corporate governance and corporate social responsibility."

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Aboitiz in Forbes list of World’s Best Employers 2022 (2024)

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Aboitiz in Forbes list of World’s Best Employers 2022? ›

Back-to-Back: Aboitiz makes it to Forbes' World's Best Employer list for the second year running. For two consecutive years now, Aboitiz Equity Ventures (AEV), the holding company of the Aboitiz Group, has been on Forbes' list of World's Best Employers.

How to get on the Forbes Best Employers list? ›

Unlike outlets that charge companies a fee to be considered or selected for a “Best Of” list—a practice known as “pay to play”—Forbes does not. Forbes employer lists are driven by survey results and research.

Who is the top employer in the US? ›

Overall, the federal government is the largest employer in the US. As of September 2023, approximately 2.95 million individuals were part of the US Federal workforce.

Who is the richest employer in the world? ›

Elon Musk is a South African-born entrepreneur, investor, and engineer who is best known for his role as CEO of Tesla Inc. He also founded SpaceX, Neuralink, and The Boring Company. In 2021, Musk became the world's richest person with a net worth of over $200 billion, largely due to his holdings in Tesla.

Who is the largest employer in the world? ›

At the top of the ranking for the world's largest employers is India's Ministry of Defence. Combining active service personnel, reservists and civilian staff, the total headcount comes to 2.99 million - a touch ahead of the United States equivalent, the Department of Defense.

Did Aboitiz buy Coca-Cola? ›

Aboitiz Equity Ventures Inc. (AEV) today announces it has, together with Coca-Cola Europacific Partners Plc (CCEP), completed its acquisition of Coca-Cola Beverages Philippines, Inc.

Who is the largest employer in the world 2024? ›

World's Largest Employer 2024

As the foremost employer globally in 2024, Samsung Electronics maintains its top position by prioritizing a supportive workplace culture, complete with amenities such as on-site dining options and fitness facilities.

What company has a bad reputation? ›

What brands have a bad reputation? Brands with reputational challenges include Facebook (Meta Platforms Inc.), Wells Fargo, Boeing, Volkswagen, Uber, and others, which have faced controversies and negative publicity in recent years.

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Not only is Walmart currently the world's biggest company by revenue, it's also America's biggest employer.

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Forbes's top competitors include Investor's Business Daily, Digg, and The Economist. Investor's Business Daily (IBD) provides a digital platform offerings stock lists, comparative performance ratings, market data and financial news. On March 25, 2021, …

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A chief executive officer (CEO) is the highest-ranking executive of a firm. CEOs act as the company's public face and make major corporate decisions. The chief operating officer (COO) is a senior executive tasked with overseeing the day-to-day administrative and operational functions of a business.

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The average Forbes hourly pay ranges from approximately $22 per hour (estimate) for a Reporting Intern to $83 per hour (estimate) for a Product. Forbes employees rate the overall compensation and benefits package 3/5 stars.

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Forbes (/fɔːrbz/) is an American business magazine founded by B. C. Forbes in 1917 and owned by Hong Kong-based investment group Integrated Whale Media Investments since 2014. Its chairperson and editor-in-chief is Steve Forbes, and its CEO is Mike Federle.

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