Our Employees

Our employees are integral to the Group’s success. They are the driving force behind the Company’s productivity and the fountainhead of innovative ideas that improve our various products and services. Our employees help us advance our ESG goals. They identify opportunities to conserve resources, reduce waste, and implement sustainability practices, all of which will ultimately benefit the environment and society as a whole.

As of the end of 2022, SMC’s workforce was composed of a total of 50,008 employees (excluding those working in our foreign operations and the companies not in scope of this Report). Of this number, 88% are regular employees, 12% are project-based, and less than 1% are consultants.

Among regular employees, 96% are rank and file employees, the majority of whom are in sales, manufacturing, and logistics. Officers and middle managers together comprise 4% of the total population, indicating a relatively light overhead cost.

Project-based employees are hired for the duration of specific assignments, such as construction projects, and are accorded compensation and benefits aligned to the positions they occupy. Consultants are hired for their specific expertise or knowledge, and generally provide support to the management teams of the business units. They are likewise given compensation and benefits according to the value that they bring to the business.

Male employees account for most of the population at 36,426 or 73% and female employees at 13,582 or 27%, resulting in a 2.7:1 male-to-female ratio. However, among the management team, the male-to-female ratio improves to 1.7:1. The ratios notwithstanding, there is a significant number of women that occupy key leadership positions in every business unit.

2.7:1 male-to-female ratio. However, among the management team, the male-to-female ratio improves to 1.7:1. The ratios notwithstanding, there is a significant number of women that occupy key leadership positions in every business unit.

SMC added 4,931 jobs in 2022, an increase of 11% in total employment. Most of these new jobs were created by infrastructure and power projects, and expansion facilities in SMFB.

We recognize that our employees’ well-being is paramount, and we are committed to supporting them in every way. Thus, we provide a highly comprehensive and competitive remuneration package that includes competitive salaries and healthcare benefits. We also offer a range of other benefits, such as leaves, healthcare insurance, financial assistance programs, and personal and group insurance. Our holistic approach to employee compensation and benefits highlights our dedication to our people. By investing in our workforce, we ensure our employees’ health, happiness, and longevity, ultimately contributing to the Company’s overall sustainability and success.

The following sections further discuss how San Miguel Corporation nurtures the well-being of its employees.

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