Lopez Holdings

 

EMPLOYEES

As reflected in its Corporate Code of Conduct, Lopez Holdings considers its employees as partners in success. The Company is committed to fostering a work environment in which employees are treated with respect and dignity.

Lopez Holdings strives to provide its employees with opportunities for professional advancement, care for their professional needs and the enhancement of the quality of life of their families.  It is committed to finding effective ways to foster professionalism, teamwork and employee participation to attain higher levels of productivity and quality.

The Company hires employees based on merit, qualifications, competencies, and potential. Employees are motivated and trained to achieve the highest level of efficiency and competence. Responsibility as good corporate citizens and members of society is impressed upon employees.

As partners in the success of the Company, Lopez Holdings employees enjoy merit-based compensation and benefits. The company’s performance management system provides for needs-based learning and active feedback on individual and team performance. Its Code of Conduct and Discipline clearly communicates desired behavior consistent with the Lopez Values, as well as lists sanctions for unacceptable behavior.

Lopez Holdings presently has 11 full-time employees

Training and Development

Lopez Holdings is committed to lifelong learning. It has an established process for identifying the learning and development needs of employees at every level. It provides resources for necessary and appropriate learning solutions, consistent with corporate goals. The corporate learning and development plan is reviewed and updated on an annual basis. The plan includes leadership, behavioral and technical skills trainings.

The company aims to have each employee undergo at least three training man-days per year. Employees underwent learning sessions averaging 4.5 training man-days in 2021, 3.4 training man-days in 2020, and 5.2 training man-days in 2019.

Employee Health, Safety and Wellness

Lopez Holdings treats employees as partners in the success of the company. Their health and well-being are of prime importance in sustaining productivity and company growth. Health benefits, including a generous hospitalization plan, constitute a significant component of the company’s employment package. Regular employees undergo annual medical examinations and flu vaccinations, as well as virtual seminars or webinars on physical, emotional, financial and spiritual wellness. Flu vaccinations in 2021 were done in employees’ homes through a mobile vaccination arrangement with a qualified nurse. Annual physical examinations (APEs) are conducted at the employee’s option in HMO clinics of their choice. Majority of employees (58%) availed their APE benefit for 2021, compared to only 7% in 2020 when most were afraid of venturing into clinics or hospitals. All employees and their dependents were also fully vaccinated against COVID-19, either through the Lopez Group vaccination program or through the local governments for those who qualified in the priority groups of their respective home cities.

In 2021, out of 240 sick leave (SL) days (20 days x 12 employees), 2 employees used their SL for a total of 29.5 days or 12.29% utilization. This compares with 6.78% utilization in 2020 and 8.67% utilization in 2019.

Employee safety is important to the company. The company ensures that employees are regularly trained in maintaining safety in the workplace and in preparing for and dealing with emergencies. They undergo building exit drills at least once a year, and in 2021, they participated in a virtual exit drill to ensure they know how to evacuate the premises while they are working from home. The company’s ESH committee leads the enforcement of emergency protocols and provides regular ESH updates.  During the period of quarantine, all employees worked from home and received regular health bulletins from the ESH committee.

Employee Welfare

It is the policy of the company to look after the general welfare of its employees. The company provides a wide range of benefits to meet employee needs, including life insurance; health care and other medical benefits that extend to immediate family members; vacation and sick leave entitlement; rest and recreation programs; and financial assistance in the form of loan facilities. The company completed its Employee Stock Purchase Plan and Employee Stock Option Plan in 2016.

Employees from vulnerable sectors comprise 28% of Parent’s workforce. They enjoy mandatory benefits such as additional leave credits for solo parents and an accessible workplace for the disabled should they need to go to the office for any reason.

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CONTACT US

Lopez Holdings Corporation 
16/F North Tower, Rockwell Business Center Sheridan, Sheridan St. corner United St., 1550 Bgy. Highway Hills, Mandaluyong City, Philippines

  • Trunkline: (632) 8878 0000
  • Fax: (632) 8878 0000 ext 2009