Business and Economy
Report: IT jobs pay highest salary for junior execs, supervisors
MANILA—Information technology-related jobs remain the country’s top paying jobs for junior executives and supervisors, while corporate strategy jobs provide best compensation for managerial positions.
During the launching of Philippines Salary Report 2017 Wednesday, JobStreet.com Philippines Country Manager Philip Gioca said IT-related works offer an average of PHP 37,034 a month in junior executive level or those workers with less than five years of experience.
For supervisory level, its average monthly compensation is at PHP 68,723.
The sector, despite placing second spot for best paying jobs in managerial level, it pays an average of PHP 91,000 a month.
In junior executive level, other top paying specialization include law and legal services at an average monthly salary of PHP29,430; training and development at PHP 27, 253; banking and financial services at PHP 27, 188; actuarial science and statistics at PHP 27,064; public relations and communications at PHP 26,948; healthcare-related at PHP 26,655; journalist and editor at PHP 26,542; customer service-related at PHP 24,755; and advertising and media planning at PHP 24,314.
In supervisory level, actuarial science and statistics jobs offer an average monthly salary of PHP 65,741. This is followed by law and legal services at PHP 48,014; journalist and editor at PHP 40,708; banking and financial services at PHP 38,857; arts, creative, and graphics design at PHP 37,379; quality control and assurance at PHP 37,242; training and development at PHP 36,443; quantity surveying at PHP 36,203; and advertising and media planning at PHP 35,791.
For managerial position, top paying jobs are in corporate strategy with average monthly compensation of PHP 125,976, then followed by IT-related jobs.
In the third spot was actuarial science and statistics with monthly rate of PHP 81,799; quality control and services at PHP 80,828; customer service-related at PHP 80,810; training and development at PHP 77,877; public relations and communications with PHP 77,219; banking and financial services at PHP 74,837; human resources at PHP 72,686; and law and legal services at PHP 67,402.
Gioca also reported that the top 10 industries that create employment in the country include business process outsourcing (BPO), sharing 38 percent; retail at 3.0 percent; and manufacturing at 2.8 percent.
“Customer service and technical helpdesk specializations are still the most hired by the BPO industry, although other specializations have increased, making the BPO industry more diverse,” the report noted.
Included in the top 10 were real estate, banking and financial services, construction, food and beverage, IT-software, general and wholesale trading, and transportation and logistics.
He added that there is an increase in the number of jobs that have been generated outside Metro Manila.
Of the total jobs in 2014, 72 percent were in the National Capital Region (NCR) while 28 percent were in the provinces.
This improved to 59 percent available jobs in the NCR while in provinces at 41 percent in 2015, and further improved to 56 percent and 44 percent, respectively, last year.
Jobs created by small and medium enterprises (SMEs) are also on the rise.
In 2014, employment generated by big firms accounted for 63 percent while SMEs shared 37 percent.
In 2015, the share of corporate jobs and SME jobs were at 59 percent and 41 percent, respectively, and improving to 60 percent and 40 percent in 2016.