Company Profile

    Company overview

    Industry

    Insurance

    Company size

    101-1,000

    Primary location

    2223 Chino Roces Ave, Makati, 1230 Metro Manila
    The Philippine Deposit Insurance Corporation (PDIC) is a government instrumentality established on June 22, 1963 to promote and safeguard the interests of the depositing public by providing insurance coverage on all insured deposits. As the state deposit insurer, the PDIC provides deposit insurance up to PhP500,000 per depositor, and helps promote financial stability through risk mitigation and liquidation of closed banks. The Corporation also protects the deposit insurance system from illegal schemes and machinations, and helps maintain faith and confidence in the country ’s banking system. In support of financial literacy and inclusion, the PDIC carries out financial education initiatives to help Filipinos secure their future by being a wise saver.A professional, committed and responsive institution; and a champion of governance, the PDIC is a consistent awardee as one of the best-governed Government-Owned and -Controlled Corporations (GOCCs) in the country. The Corporation is an attached agency of the Department of Finance.The PDIC VisionBy 2023, PDIC will be a leading institution in depositor protection, recognized for its operational excellence that is responsive to changing times.The PDIC MissionWe protect the depositing public while promoting confidence and stability in the banking system.

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    Reviews overview

    4.216 ratings in total
    5
    9
    4
    3
    3
    3
    2
    0
    1
    1
    75%
    Rate salary as high or average
    88%
    Employees recommend this employer to friends

    What’s it like working at Philippine Deposit Insurance Corporation?

    AI summary of recent reviews

    Employees at the Philippine Deposit Insurance Corporation appreciate the learning opportunities and personal growth that come with their roles, as well as the travel opportunities for field assignments across the country. The company offers good benefits such as allowances, a provident fund, and loan options, and work-life balance is optimised by management. The workplace environment is described as friendly, with good management and a team-oriented approach.

    However, there are some potential areas for improvement, such as compensation levels, with some employees feeling that wages could be higher. There are instances where management's style can be perceived as bossy or treating employees like personal assistants. Certain roles, such as those in customer sales, may experience a heavy workload at times. There is a desire for the company to regularise employees who are not civil service passers. Employees need to manage reporting requirements such as monthly, quarterly, and annual reports, as well as audits. At times, employees may experience work pressure due to high demands and compromised personal schedules.

    Recent reviews

    5.0
    Administrative assistant
    Jan 2023
    Batangas CalabarzonLess than 1 year in the role, former employee
    As administrative Assistant I can say my experience I learn a lot and I am very grateful to be part as as employee of PDIC
    The good thingsI'm enjoy to be part of this company I'm learn a lot about how to handle each of banks of the different places here in the philippines
    The challengesBecause of the low wages
    3.0
    Admin Assistant
    Dec 2021
    Metro ManilaLess than 1 year in the role, former employee
    Low Basic Salary, More Hidden Allowances
    The good thingsThere are unexpected allowances. The provident fund is excellently working. Loan if you want.
    The challengesBossy boss. Treats officers like PAs.
    4.0
    Policy and Systems Department
    Sep 2021
    Makati City Metro ManilaLess than 1 year in the role, current employee
    Generally good and very recommendable to job/opportunity seekers
    The good thingsManagement optimizes work-life balance
    The challengesWith the pandemic, every organization has its challenges. But management is coping and adopting to the situation to be able to protect the personnel, stakeholders, and especially its market i.e. the depositors of various banks in the Philippines,
    Ratings for Philippine Deposit Insurance Corporation are shared as-is from employees in line with our community guidelines
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