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MANILA, Philippines (UPDATED) – Want to earn more? Try working for an oil and gas company, utility, non-government organization (NGO), a call center or an information technology (IT) company.
These are among the top 10 highest-paying industries in the Philippines, according to the 2014 Annual Salary Report of job search site Jobstreet.com.ph.
“The business process outsourcing (BPO) industry is still growing. It boosted average salaries in the Philippines. Also, the BPO and IT industries are inter-related,” said Eileen Camarillo-Go, marketing manager of Jobstreet.com Philippines.
“Meanwhile, the utilities and oil & gas industries are in need of hard-to-fill jobs, like engineers and licensed professionals. The in-demand positions in the fast-moving consumer goods (FMCG) industry are usually marketing and sales,” she added.
Among junior executives who have 1 to 4 years of work experience, those who work for NGOs are the highest-paid, with an average basic monthly salary of P25,697.
“These NGOs are United Nations, international labor organizations. They are the ones who are looking for fund-raising activities and project assistance,” Camarillo-Go said.
TOP-PAYING INDUSTRIES FOR JUNIOR EXECUTIVES | |
Industry | Average Basic Monthly Salary |
Non-governmental organization (NGO) | P25,697 |
Utilities | P24,400 |
IT software | P23,671 |
Business process outsourcing (BPO) | P21,590 |
IT hardware | P20,721 |
Fast-moving consumer goods (FMCG) | P20,131 |
Oil & gas | P19,848 |
Banking & finance | P19,135 |
Mining | P18,893 |
Media | P18,853 |
For supervisors, the highest-paying industry is utilities, which offer an average monthly salary of P50,411.
TOP-PAYING INDUSTRIES FOR SUPERVISORS | |
Industry | Average Basic Monthly Salary |
Utilities | P50,411 |
Non-governmental organization (NGO) | P43,165 |
IT software | P34,679 |
Business process outsourcing (BPO) | P33,691 |
Fast-moving consumer goods (FMCG) | P30,751 |
Telecommunications | P29,041 |
Banking & finance | P28,779 |
Advertising | P28,328 |
Oil & gas | P27,055 |
Hotel | P26,952 |
Meanwhile, among managers, those in the oil and gas industry receive the highest salaries, averaging P74,297 per month.
TOP-PAYING INDUSTRIES FOR MANAGERS | |
Industry | Average Basic Monthly Salary |
Oil & gas | P74,297 |
Utilities | P74,067 |
Industrial/Machinery | P69,063 |
IT software | P59,678 |
Biotechnology/Pharmaceutical | P57,934 |
Business process outsourcing (BPO) | P57,688 |
Transportation/Logistics | P51,685 |
Manufacturing | P48,784 |
Insurance | P48,758 |
Fast-moving consumer goods (FMCG) | P48,427 |
This was Jobstreet.com.ph’s second annual report to help candidates and employees gauge if they are getting the better salary.
Its approach this year, however, was different from what they did in 2013. “Last year, we focused on the salary per specialization or job. This year, what we did was per industry, so regardless of a company’s needs or job openings, if it’s part of any of the top 10 industries, it pays well,” Camarillo-Go said.
The report was released during the launch of Jobstreet.com.ph’s new homepage, featuring a resume builder and a “salary matching” tool, a first in Philippines and in Asia.
Around 60 industries were part of the report. The salaries were based on actual amounts posted by employers on Jobstreet.com.ph from September 1 to November 30, 2013.
The salaries did not include other forms of compensation, like leave credits, medical benefits, insurance and incentives.
In March, Jobstreet.com.ph will release a report to help fresh graduates apply for their first jobs. – Rappler.com
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