SANTO DOMINGO.-Banco Popular Dominicano was recognized by the business magazine Summa as one of the best employers in Central America and the Dominican Republic, according to a ranking that identifies companies with the best labor practices, incentives and development opportunities in each organization.
Banco Popular ranked second nationally out of 25 companies classified as the best employers in the Dominican Republic. Regionally, it placed 28th out of 55 companies from Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, Panama, and the Dominican Republic.
According to the publication, this year's "Best Employer" ranking includes the concept of environmental sustainability as a business factor that is "increasingly relevant for recruiting and retaining the best employees in the market," something in which Popular has excelled for decades.
The magazine compiled this ranking using a sample of 1,000 business owners, executives, and professionals from the region, whose responses served as the basis for identifying the best employers.
A bank with a young and female profile
Popular is committed to diversity and inclusion, and its workforce is made up of a generational mix that strengthens management, maintaining an appropriate balance between experience, knowledge, agility and innovation capacity.
Currently, the bank has a workforce of 7,912 employees distributed across different areas of the country, whose average age is 33 years.
Of this total, the sum of the demographic cohorts of millennials (born between 1981 and 1993) and centennials or Generation Z (born between 1994 and 2010) represents 79% of the bank's total staff.
Meanwhile, Banco Popular stands out as a predominantly female organization, with women comprising 60% of its workforce. Furthermore, women hold 54% of executive and managerial positions.
Regarding hiring, in 2023 the financial organization made 1,241 staff hires, of which 63% were filled by Generation Z talent, directly supporting the generational change.
Regarding job mobility, 2,382 employees participated in organizational transfers in 2023, enhancing their experience, skills, and employability. Of these, 1,122 were promotions. Six out of ten promotions went to women.
“We place great emphasis on innovation and technology, which attracts professionals passionate about digital transformation and excellence in customer service, in addition to our strong culture of values that has been the pillar that has sustained the organization since its inception,” said Mr. Christopher Paniagua, CEO of Banco Popular.
