SPi Global, the pioneering leader in the Philippine Business Process Outsourcing (BPO) industry was named as the Top Company to Work for in Asia at the recent Asia Corporate Excellence and Sustainability (ACES) Awards held in Singapore.
The ACES Awards is a two-year-old program organized by the MORS Group, which champions revolutionary leadership and sustainability in companies operating in the Asian region. SPi Global was cited for its people-centric approach, and for demonstrating the highest commitment towards employee empowerment and enrichment as seen through its umbrella program called E3 (Enhancing Employee Experience).
“To be selected as the Top Company to Work for in Asia, among great companies in the region, is truly an honor,” said Maulik Parekh, President and CEO, SPi Global. “This is a proud moment for our 22,000 employees, whose hard work and dedication continues to inspire success for the clients and communities we serve.”
The E3 program is anchored in SPi Global’s mission of “Enriching the Lives of Employees, through a Culture of Excellence.” The program was designed to help curb attrition and improve retention — a common challenge among BPO companies wanting a piece of the pie in a tough and highly competitive talents market.
One of the most noteworthy programs under E3 is aSPire University, which offers a targeted developmental training program to help employees take their careers to the next level. Another program is StepUp, which gives employees an opportunity to be an SPi Global ambassador — by joining the company’s annual Corporate Social Responsibility (CSR) Day and volunteering to make a difference in the lives of thousands of children in their respective host communities.
MORS Group underscored the impressive results of SPi Global’s people-centric initiative, having reduced the company’s annual attrition rate. In an industry where the average attrition is at 60% to 90%, SPi Global is at the top spot for keeping its attrition at 45%. The E3 initiative likewise ushered an overall employee satisfaction rating of 83% for SPi Global.
“This award will truly inspire us to keep investing in our people and continue fostering a culture that maximizes the potential of our employees,” Parekh said.