Jobstreet.com report shows upbeat job market
JobStreet.com report shows upbeat job market
Salaries up 10% from last year
MANILA, 18 February 2016 - JobStreet.com Philippines today released its latest findings on Philippine job trends designed to provide valuable insights for jobseekers, corporate hirers and career counselors in career-related decision making.
JobStreet.com, Asia's leading online employment company also noted that on the average, salaries across the top jobs in demand in the Philippines have increased by 10% compared to last year.
The significant rise is attributed to the good economy, lowest unemployment rates in years, and the resulting competitive play in the job market.
In a press conference, Philip Gioca, JobStreet.com Philippines country manager said that JobStreet.com findings show that the information technology (IT) field continued its 3-year trend of providing the highest paying jobs across all position levels.
As the online job authority JobStreet.com has a role in bringing transparency to the process of job matching that would result in the mutual satisfaction of partner companies and jobseekers.
Gioca said that in its fifteen years of operation, JobStreet.com's report on job trends had allowed multiple benefits, namely:
- Benchmarking of one's own salary against the highest paid in their category
- Awareness of jobs in demand; guiding not only jobseekers but also providing career guidance counselors, facts on job marketplace.
- Expanding options for the jobseeker with regard to the best possible options for a job path decision.
- Providing a reality check for salary expectations for both company members and jobseekers.
"We are very passionate in fulfilling JobStreet.com's important role in creating an atmosphere of trust and meeting of objectives of parties that help make the job marketplace truly an engine for corporate and individual growth," Gioca said.
For this reason, JobStreet.com has a policy of quality assurance on ads and continues to evolve technologies that will provide easier access for customers. This ranges from enabling real-time updating of profiles to making sure that jobs posted are current and available.
The following are the highlights of the latest JobStreet.com report:
- The BPO industry continues to post the highest prospects for jobseekers in general.
- The IT field led all other specializations in terms of salary offering, and covering all the major ranks namely, junior executives (P38,149), supervisors (P63,485) and managers (P86,550).
- Salaries, especially for junior executives (employees with 1-4 years' work experience) and supervisors (employees with 5-9 years' work experience), increased from at least 2 to 12 percent).
- The total number of job advertisements posted in 2015 increased by at least 20% compared to ads posted in 2014.
- Other industries providing the most jobs are retail and manufacturing.
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About JobStreet.com
JobStreet.com is a leading online job board presently covering the employment markets in Malaysia, Singapore, Hong Kong, Thailand, the Philippines, Indonesia and Vietnam. JobStreet.com currently services over 230,000 corporate hirers and over 15 million jobseekers in its database.
 About SEEK Asia
JobStreet.com and jobsDB are part of SEEK Asia, which is the leading online employment market place in Asia. SEEK Asia covers 7 countries namely Hong Kong, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam.
SEEK Asia is the extension of the Australian Securities Exchange listed company called SEEK. The company's purpose is to help improve people's lives through a better career. SEEK Asia's database consist of over 500,000 corporate hirers and over 24 million candidates.
For more information about this article, or to schedule an interview with JobStreet.com Philippines, please call Mark Nichol Turija, Content Marketing Specialist, at 286-6222.
