GoTyme Bank, a partnership between the Gokongwei Group and Tyme Bank, announced on Thursday that it will broaden its share ownership program to include all eligible employees in good standing. This move marks a major shift in the local banking industry, where such benefits are traditionally limited only to top executives.
With the expansion, over 90 percent of the bank’s workforce will gain direct ownership in the company through future share grants. The bank explained the initiative is designed to boost accountability, speed up operations, and drive long-term growth. Unlike common practices in the Philippines, GoTyme is extending this privilege to junior and frontline staff—team members who interact most closely with customers.
The bank believes that treating employees as owners rather than just staff will significantly improve service quality and customer satisfaction. According to CEO Nate Clarke, “Ownership changes how people operate. When our team members think like owners, they move faster, go the extra mile for customers, and are more protective of the GoTyme brand.”
Beyond attracting top talent, the program aims to align every employee’s success with the bank’s progress. Clarke added, “We believe this move will help accelerate our goal of building the largest and most loved bank in the Philippines. When we achieve that goal, our people will rightfully share in that financial upside.”
This approach establishes a new benchmark in the local financial sector, highlighting how employee ownership can serve as a key driver for business success and better customer experience.
