Oversea-Chinese Banking Corporation Limited

Singapore, Singapore

OCBC Bank is one of Southeast Asia's largest financial institutions. Headquartered in Singapore, the bank offers a comprehensive range of financial services including consumer and business banking, wealth management, insurance, and corporate and investment banking.

CCI Score

73.81

-0.04% April 18

Latest Event

OCBC Bank Provides One-Off Bonus Payout to Support Junior Staff

OCBC Bank has announced a one-off $1,000 bonus payment for approximately 4,000 junior employees in Singapore to help them cope with elevated cost-of-living pressures. This action reflects an emphasis on worker welfare and fair labor practices, demonstrating a positive approach within its business operations.

Take Action

So what can you do? Support OCBC Bank by shopping, spreading the word, or offering your support.

Shop Alternatives SEE ALL: Bangkok Bank

HSBC USA

NBC
Use Your Voice OTHER TOOLS
Investigate
Share the Score SUPPORT CCI

LEADER

Oversea-Chinese Banking Corporation Limited is currently rated as a Leader.

+45 to +100 CCI Score

Companies in this range actively lead the fight against authoritarianism by rejecting oppressive practices and championing democratic values. They implement robust policies, engage in transparent governance, and drive initiatives that set the standard for corporate responsibility.

Latest Events

DEC

23

2024

OCBC Bank Provides One-Off Bonus Payout to Support Junior Staff
77.49

OCBC Bank has announced a one-off $1,000 bonus payment for approximately 4,000 junior employees in Singapore to help them cope with elevated cost-of-living pressures. This action reflects an emphasis on worker welfare and fair labor practices, demonstrating a positive approach within its business operations.
+80

Labor Relations and Human Rights Practices

March 21

OCBC Bank's decision to disburse a one-off bonus to junior employees demonstrates a commitment to enhancing employee welfare under high cost-of-living pressures. This action supports fair labor practices and reflects positively within the Business Practices and Ethical Responsibility category, specifically in the area of Labor Relations and Human Rights Practices. While the measure is beneficial, it is a one-time financial relief rather than a comprehensive, long-term strategy for improving worker compensation.

UOB and OCBC junior staff to receive one-off payments to cope with cost of living
DEC

23

2024

OCBC Bank Provides Cost-of-Living Relief for Junior Employees
72.64

OCBC Bank announced a one-off payment for 4,000 unionized and junior employees in Singapore to help them cope with the high cost of living. This initiative highlights the bank's positive labor practices and commitment to employee well-being.
+75

Labor Relations and Human Rights Practices

March 21

OCBC Bank's decision to provide a one-off payment to its junior and unionized employees demonstrates a strong commitment to fair labor practices and worker well-being. This positive action supports the rights of employees, helping mitigate cost-of-living pressures and reinforcing ethical business practices. Such measures are seen as a proactive stance against the economic precarity that can fuel authoritarian economic policies.

4000 OCBC employees in Singapore to get $1K each; S$7.5M one-off payment in total for junior employees to cope with cost of living
FEB

23

2024

OCBC Supports Junior Employees with Financial Assistance
71.29

OCBC Bank has announced financial support initiatives for 14,000 junior employees, including wage reviews, one-off payouts, and financial planning resources to mitigate cost-of-living challenges.
+80

Labor Relations and Human Rights Practices

March 21

OCBC Bank's initiative to provide financial support, regular wage reviews, and financial planning resources demonstrates a commitment to the well-being of its employees. These measures help ensure fair labor practices and protect worker rights during economic challenges, aligning with anti-authoritarian values by empowering workers and reducing economic exploitation.

OCBC set to provide financial support for 14,000 junior employees