Pivdenny Bank among the top 50 employers of Ukraine according to Forbes

Pivdenny Joint-Stock Bank was included in the ranking of “50 best employers of Ukraine” according to Forbes magazine, taking 35th place in the list.

The ranking was published in the January issue of the Ukrainian edition. It includes companies with a turnover of over UAH 4 billion and more than 1,000 employees.

The list of top 50 employers in the country includes 10 banks and 7 IT companies. According to Forbes editors, thanks to a highly developed corporate culture and decent remuneration, employees in these industries are more often satisfied with their work. Among the 10 banks represented in the ranking, Pivdenny Bank was in sixth with 69 out of 100 possible points.

“I am glad that our corporate culture and comprehensive personnel policy have received independent recognition. It is important that the assessment includes both objective indicators and employee attitudes. Our goal is to become one of the best employers in the country, where employees feel secure and can develop as professionals,” said Alla Vanetsyants, Chairman of the Management Board at Pivdenny Bank.

The survey was conducted by Forbes in partnership with the job search site work.ua among the 150 largest Ukrainian companies. Companies were asked to distribute a questionnaire among employees, and links to it were also published on Forbes pages in social media where anyone could take part. The questionnaire was completed by 11,675 respondents.

The ranking was also compiled with assessments from labour market experts and information from open sources.

The employer rating was based on a 100-point scale: 60 % of the final assessment on assessments by company employees, 20 % from labour market experts and 20 % from other sources.

The ranking was compiled based on eight assessment criteria:

• employee loyalty (25 %);
• wages (20 %);
• workplace and work schedule (20 %);
• information transparency (10 %);
• availability and scope of the employee benefits package (5 %);
• employee development opportunities at the company (5 %);
• concern shown by the company during the coronavirus crisis (5 %);
• other factors (10 %).