Wednesday, June 3, 2015

Who Are The Highest Paid Employees in the Philippines

Pinoy IT specialist (image credit investphilippines.org)

People who have extensive knowledge and specialized in IT/Computer are the highest paid employees according to the 2015 report released by Jobstreet.com.

Jobstreet.com revealed that employees in IT/Software and IT/Network Systems consistently ranked first and second on the lists of top paid employees in the country.

For junior executives (Supervisor/Teamleader), IT/Software jobs pay the highest salary with an average of P37,784 per month, while the same position on IT/Network jobs pays an average of P33,029 per month.

Lawyers with one to three years experience meanwhile ranked third with an average of  P27,033 per month.

The following is the lists of top ten highest paying jobs in the Philippines with the average monthly salary. Seven out of ten are related to Business Process Outsourcing (BPO)

  1. IT/Computer (SOftware Development) –P37,784
  2. IT/Computer (Network, System, Database Admin) – P33,029
  3. Law/Legal Services – P27,033
  4. Actuarial Science/Statistics – P27,032
  5. Engineering (Electronics/Communications) – P26,379
  6. Public Relations Communications – P25,153
  7. Technical and Helpdesk Support) – P25,078
  8. Sales (Telesales/Telemarketing) – P24,400
  9. Training and Development – P23,762
  10. Customer Service – P23,369
The report accumulated by Jobstreet.com is from the rates posted by employers mostly in Metro Manila area.

Middle to higher management manufacturing jobs however have different rates. A fresh graduate Instrumentation Engineer can fetch up to P40,000 in American petroleum companies. Mechanical Engineers and safety Officers can make up to P50,000 in oil-related industries.

Jobstreet.com however stressed that the salary depends on the level of experience and the employer’s capacity to pay. The company also advises that newly-graduates should decide thoroughly before applying for a job.

Parents also advised to take a look at the current employment and job trends before forcing their children to study what they want.

DOLE said that the unemployment rate has decreased, but there is an increase in underemployment rate. This is due to wrong choice of course according to the agency.

Some of the highest unemployed/underemployed graduates are nurses, HRM-graduates, seafarers, and business-related courses like commerce, management, marketing, and entrepreneur.

People who are jobless but graduated any four years course are encouraged to work in BPO, the report said.


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