MUFG’s Approach to Human Capital Management
Commitment on Human Capital Management
Concept for Human Capital Management
MUFG positions human capital as one of our most important types of capital. Through the enhancement of human capital, we aim to become a global financial group making a positive social impact and fostering a culture where our employees thrive.
To achieve this vision, we practice human capital management based on two main pillars: "strengthening business competitiveness" and "create an agile culture empowering employees to tackle challenges.” First, we believe that by maintaining and promoting the physical and mental health of each employee and creating an organization that recognizes and values the contributions of diverse talent, employees will feel secure in taking on challenges with speed. Furthermore, we aim to enhance employees' career fulfillment by providing growth opportunities that support autonomous career development, such as fair treatment commensurate with individual contributions and internal and external job postings. Additionally, we will strengthen our business competitiveness by establishing systems that allow employees to acquire and improve advanced skills and expertise, such as diversifying career paths and expanding training opportunities.
By reinvesting a portion of the generated investment capacity back into human capital, we aim to establish a virtuous cycle of human capital management that ingrains a culture of "challenge and speed." Within this virtuous cycle, we believe that the continuous improvement of employee well-being will lead to the realization of our vision and the enhancement of corporate value.
Human Capital KPIs
Employee Enablement and Progression
To strengthen business competitiveness, it is crucial to secure professional talent who excel in various specialized fields. We are advancing the recruitment and development of "true professionals" with advanced skills and expertise through the diversification of recruitment methods and the enhancement of talent development systems.
To secure talent with specialized skills who can immediately contribute in specific areas, we are actively diversifying our recruitment methods, including career hiring and business area hiring. As a result, career hires and business area hires together account for approximately 60% of our total hires. Additionally, we are expanding various training programs and on-the-job training (OJT), including programs for developing global talent and digital talent.
Improving Employee Engagement
To enhance employee engagement, we are fostering a workplace where everyone can bring their best to what they do and realize their full potential.
To support the autonomous career development of each employee, we offer various programs under our Career Challenge system and have established HR systems that promote career development focused on specialization, such as the Bank's EX System. Additionally, we are working to create an environment where employees can fully utilize their abilities and shine as their authentic selves by recognizing and respecting each other's differences. Alongside providing treatment commensurate with each employee's contributions and improving work-life balance, we continuously improve the work environment by utilizing organizational diagnostics based on the results of regular MUFG Group Employee Surveys and pulse surveys to create an inclusive and collaborative work environment.
Diverse, Equitable & Inclusive Workforce
To empower all stakeholders to move towards a sustainable future and a new stage, it is essential to create an organization where each employee can recognize and appreciate each other's differences and strengths while creating new value. MUFG is addressing DEI (Diversity, Equity, and Inclusion) as a management priority to ensure that each employee, with diverse attributes and values, can fully realize their potential while receiving fair and equitable growth opportunities.
As global common challenges related to DEI, we have identified "Gender Equity," "Learning and Development," and "Embedding DEI into our Culture." In terms of "Gender Equality," we are promoting the development and appointment of female employees through initiatives such as mentoring programs led by executives.
Embedding a Culture of Healthy Working
MUFG believes that the physical and mental health of its employees, which forms the foundation of human capital, is of utmost importance.
This belief is established as a common basic policy across the MUFG Group. Under the "MUFG Health Management Declaration", we promote health and productivity management throughout the entire group to ensure that each invaluable employee can maintain their physical and mental well-being and perform at their best.