Manulife Financial Corporation

04/02/2024 | Press release | Distributed by Public on 04/02/2024 10:02

Manulife named 2024 Gallup Exceptional Workplace Award Winner

April 2, 2024

Toronto - Manulife has received the 2024 Gallup Exceptional Workplace Award (GEWA) for the second year in a row, which reinforces our commitment to our people. This award recognizes the most engaged workplace cultures in the world.

"This recognition is a reflection of the amazing commitment our talented global colleagues have to making lives better, for our customers, communities and each other. Every day they are demonstrating our values and making our company a special place to work," said Pam Kimmet, Chief Human Resources Officer, Manulife.

"Congratulations to the 60 organizations that have redefined what it means to be a great place to work. Manulife commitment to creating environments where employees are listened to, valued and positioned to use their strengths every day is what sets you apart. Thank you for setting a new global standard in what it means to be a thriving workplace," said Jon Clifton, Gallup Chief Executive Officer.

The GEWA winners' ratio of engaged employees to actively disengaged employees is 11 times higher than the global average. Worldwide, only 23% of employees are engaged - that is, committed to their work and connected to their workplace - and just 33% of employees in the U.S. workforce are engaged. Seventy percent of employees at winning GEWA organizations, including Manulife's employees, are engaged.

Gallup's meta-analysis on team engagement and performance is the most comprehensive workplace study ever conducted, with data on more than 2 million employees in 276 organizations across 54 industries and 96 countries. Highly engaged organizations significantly outperform their peers in important business outcomes, including customer ratings, profitability, productivity, turnover, safety incidents, shrinkage, absenteeism, quality, wellbeing, and organizational citizenship.

For a complete list of GEWA winners and more about the selection process, visit the GEWA Winners page here.

About Manulife

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we provide financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. Through Manulife Investment Management, the global brand for our Global Wealth and Asset Management segment, we serve individuals, institutions, and retirement plan members worldwide. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.

About Gallup

Gallup delivers analytics and advice to help leaders and organizations solve their most pressing problems. Combining more than 80 years of experience with its global reach, Gallup knows more about the attitudes and behaviors of employees, customers, students and citizens than any other organization in the world.

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