2020年薪酬观察：菲律宾（英文版）

1、1Salary Watch 2020:Philippines获取更多最新资料请加微信y o u z i c m s 6662RGF Salary Watch:PhilippinesAbout this Report RGFs Salary Watch:Philippines report has been conducted with the aim of better understanding the salary trends and data across all industries and job levels in the Philippines.This report is based on an RGF-owned candidate pool covering more than 30,000 candidates(collected from February 2019 to February 2020)in our Philippines database.The definition of annual basic salary used throughout

2、 this report does not include allowance,stock,bonus or any other additional benefits,and the salary exchange rate used is USD1=PHP52.Due to the real-time nature of some of this data,RGF encourages readers to use its insights at their discretion.获取更多最新资料请加微信y o u z i c m s 6663RGF Salary Watch:Philippines16Table of ContentsAbout the ReportTable of ContentsPhilippines Overview Key Trends Job Market Trends Salary Data ReferencesAbout RGF 23 578 12 2930获取更多最新资料请加微信y o u z i c m s 6664RGF Salary Watc

3、h:PhilippinesOverview of the Philippines获取更多最新资料请加微信y o u z i c m s 6665RGF Salary Watch:PhilippinesNavigating Challenging CircumstancesLABOR MARKET SIZE44.7 MILLION1GDPUSD355.5 BILLION2PMI51.74FDIUSD1.15 BILLION3(2019 Key Index)The Philippines,one of the most vibrant economies in Southeast Asia,and known for its dynamic talent and labour market,was on track to display strong growth.However,the COVID-19 catastrophe had played a role in dampening the countrys potential to shine in 2020.The Philip

4、pines is known especially for its high performance in the service sectors,such as business process outsourcing(BPO),insurance,real estate,and finance.Prior to COVID-19,it had displayed an average annual growth of 6%in 20195,but due to the pandemic,the government said in May 2020 it expects the GDP forecast for 2020 willby 3.4%6.However,it expected to make a strong recovery in 20217.Boasting an employment rate of 94.7%in January 20208,the Philippines has seen a surge in the hiring of medical and

5、healthcare experts,including nurses,physicians,administrative and medical attendants9 in response to the global pandemic.With the government also making digitalization a priority,more companies are likely to hire tech talent in a bid to bolster their digital efforts.获取更多最新资料请加微信y o u z i c m s 6666RGF Salary Watch:PhilippinesThe Philippines economic growth will significantly decrease this year due to the COVID-19 pandemic.To control the spread of the virus,the government imposed community quaran

6、tine measures that have closed most private establishments in Metro Manila and the entire island of Luzon,which generates more than two-thirds of the countrys overall GDP.The global economic slowdown,coupled with sluggish domestic demand and a hiatus in major sectors such as tourism,trade,and manufacturing,hiring activities of local and multinational firms will not be as active when compared to the last two years.However,this pandemic will create job opportunities for some businesses.Companies t

7、hat specialize in technology such as digital services and ecommerce platforms as well as healthcare and life science organizations in consumer healthcare,medtech innovation,and telecommunications will have immediate and lasting gains.As such,we expect to see these companies employing strong senior talent to direct their teams and business.Overall,salary increases would likely remain lethargic except for those industries set to gain in the midst of the ongoing global pandemic.Technology and Healt

8、hcare Sectors Remain Strong in The Philippines”George Alpert TarcaManaging Director,RGF Executive Search Philippines获取更多最新资料请加微信y o u z i c m s 6667RGF Salary Watch:PhilippinesData Takes CenterstageThe Philippines government has been leveraging digitalization to transform all segments of society in order to ensure greater public sector and government productivity,improve the consumer experience,and reform sectors and industries.Initiatives such as the E-Government Master Plan 2.0(EGMP)13 and the

9、 Philippine Digital Transformation Strategy 2022 lay out how information technology and digitization will galvanize the Filipino economy and move it towards an advanced,data-driven future14.Companies in certain sectors and industries have already embraced disruption brought by data and are reaping its benefits.For instance,transportation and financial services have turned to technology to foster transformation and drive new consumer behaviors.Consequently,emerging hiring patterns indicate that m

10、ore employers are on the hunt for tech-savvy talent,especially senior and manager-level candidates familiar with the digital landscape15.Additional Benefits Employees Look forFilipino talent consider more than just salary,and look for companies that offer the following financial benefits12:PROFIT-SHARING SCHEME SUCH AS STAFF EQUITY PERFORMANCE-BASED BONUSESGUARANTEED REMUNERATION,SUCH AS A FIXED BONUS AND ALLOWANCEEmployees Salary Increment Expectationswhen they change employers11.43%76%51%73%Em

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