2024 PFIP Workplace Report: Here Are Must-Know Insights to Unlock Your Career Potential
May 16, 2024 • Meryl Medel
May 16, 2024 • Meryl Medel
How inclusive are companies nowadays? Non-profit organization Philippine Financial & Inter-Industry Pride (PFIP) recently launched its 2024 PFIP LGBTQ+ Workplace Inclusion Report. The report drew insights from over 80 companies across diverse industries, providing insights into workplace diversity, equity, and inclusion (DE&I). Here’s everything you need to know from this report:
Consisting of LGBTQ+ employee resource group representatives and human resource/diversity professionals from private firms in the Philippines, the PFIP was established in 2013. It has since championed progressive DE&I policies for Filipino LGBTQ+ talents, advocating for workplace inclusion so they can thrive without fear of gender-based discrimination and/or harassment.
Corporate leaders, HR professionals, DE&I advocates, and members of the LGBTQ+ community participated in the launch event. The presentation of the report’s findings showcased collaborative efforts driving workplace inclusion in the Philippines. Furthermore, the panel discussions included industry experts and LGBTQ+ advocates sharing experiences and best practices for fostering inclusive work environments.
The 2024 PFIP LGBTQ+ Workplace Inclusion Report highlighted the progress made in implementing LGBTQ+ inclusion policies across diverse industries. Companies such as Aboitiz Power Corporation, Cebu Pacific, GCash, and JP Morgan Chase & Co. have adopted comprehensive DE&I policies, providing equal medical, insurance, and family-related benefits to LGBTQ+ employees as to their non-LGBTQ+ counterparts. These companies have also established mechanisms to address workplace bullying, harassment, and discrimination, alongside forming support systems like LGBTQ+ employee resource groups and ally networks.
The event served as a platform to review PFIP’s ongoing projects and initiatives designed to support LGBTQ+ workplace inclusion. The Pride Summit, for instance, facilitates dialogue among industry leaders on implementing DE&I strategies. Meanwhile, the Rainbow Youth Academy focuses on empowering young LGBTQ+ talents through work training, financial inclusion, and internship opportunities. Complementary to these initiatives are educational modules like “Trans 101: Focus on the Transgender Experience” and “Decoding Unconscious Bias in the Workplace,” which provide deeper insights into LGBTQ+ issues.
Committed to advancing workplace diversity, PFIP has had a measurable impact on talent engagement, focus, and retention. LGBTQ+ employees now express a greater sense of belonging and satisfaction, allowing them to grow professionally and personally within a supportive environment. These initiatives have resulted in a broader representation of LGBTQ+ talent across all levels within member firms.
For those seeking career paths with inclusive growth and shared values, PFIP encourages professionals to pursue opportunities where authenticity and inclusivity are celebrated. To learn more about LGBTQ+ inclusive companies and initiatives, you can visit the PFIP website.
This article is a press release. Minor edits have been made by the 8List.ph editorial team.
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