2020年薪酬观察：菲律宾（英文版）.pdf

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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

2、 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 this report does not include allowance, stock, bonus or any other additional benefits, and the

3、 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

4、 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 Watch: 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 BILLION2

5、PMI51.74FDIUSD1.15 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

6、 in 2020. The Philippines 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

7、 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 healthcare experts, including nurses, physicians, administrative

8、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

9、 will significantly decrease this year due to the COVID-19 pandemic. To control the spread of the virus, the government imposed community quarantine measures that have closed most private establishments in Metro Manila and the entire island of Luzon, which generates more than two-thirds of the count

10、rys 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 crea

11、te job opportunities for some businesses. Companies that 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, w

12、e 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 Healthcare Sectors Remain Strong in The Philip

13、pines”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 an

14、d 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 Philippine Digital Transformation Strategy 2022 lay out how information technology and digitization will galvanize the Filipino economy

15、 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 cons

16、umer behaviors. Consequently, emerging hiring patterns indicate that more 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 lo

17、ok 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%Employers Annual Salary Incre

18、ment Range16%10Key Trends(Data given was collected by RGF before February 2020)获取更多最新资料请加微信y o u z i c m s 6668RGF Salary Watch: PhilippinesJob Market Trends获取更多最新资料请加微信y o u z i c m s 6669RGF Salary Watch: PhilippinesTalent TrendsWhile money is a motivator for Filipino talent, they are slightly mor

19、e interested in receiving non-financial benefits, such as flexible working hours and the ability to work remotely. Beyond these benefits, candidates in the Philippines also look for companies that provide talent development opportunities and consider the leadership style of the management team16.Job

20、 Market TrendsPutting Public Health at the ForefrontThe 2020 budget saw the Department of Health in the Philippines receive a considerable increase in funds, with the aim of improving and expanding upon the countrys medical and healthcare services and facilities17. The injection has been timely, giv

21、en the circumstances borne out of the COVID-19 pandemic. In addition to the government focus on growing the healthcare sector, the Department of Health released a new set of guidelines in early April on the emergency hiring of healthcare and medical talent such as nurses, physicians, medical equipme

22、nt and technical operators, and administrative assistants at select hospitals and medical institutions. Though the guidelines include specific details such as salaries and allowances provided to these emergency contract workers18, with the governments long-term goal of improving the healthcare indus

23、try, medical talent in the Philippines will be in demand.60%58%53%SALARY INCREMENTOTHER BENEFITS BESIDES SALARY EXPAND KNOWLEDGE & SKILLSMedical Directors with 1015 years of experience earn up to USD73,000 annually at global companies in the PhilippinesHospital Management Directors with 1015 years o

24、f experience earn up to USD68,000 at global companies in the Philippines获取更多最新资料请加微信y o u z i c m s 66610RGF Salary Watch: PhilippinesData Science Directors with 1520 years of experience earn up to USD163,000 annually at global companies in the PhilippinesBusiness Intelligence Managers with 810 year

25、s of experience earn up to USD130,000 annually at global companies in the PhilippinesCombatting the Talent CrunchThe Philippines has become increasingly invested in technology, and in empowering businesses across industries to embrace data and digitalization. As a result, there has been a push for c

26、andidates with expertise in areas such as artificial intelligence, analytics, cybersecurity and data. However, recruiters and employers continue to face challenges in hiring the right talent, either due to a mismatch between job requirements and skillsets, or due to outdated hiring strategies that a

27、re not compatible with the fast digital transformation the Philippines is currently experiencing. To develop a reservoir of dependable tech talent, companies and employers should first look inward and focus on developing the skills, competencies and knowledge of their workers to future-proof them ag

28、ainst external circumstances, such as automation. Additionally, companies can also focus on attracting potential candidates with job benefits that suit their modern lifestyles, such as flexible working hours, retention bonuses, or additional annual leave if they achieve target goals.What employers a

29、re looking for in talent21:RELEVANT KNOWLEDGE AND EXPERIENCEOPEN TO SALARY AND BENEFIT NEGOTIATIONHeralding in “Hybrid Talent”The Philippines economy has been growing quickly, with the goal for businesses to be competitive with its Southeast Asian neighbors. To do this, organizations are focused on

30、securing the tech-savvy talent that can sustain development as businesses grow. As 2020 began, the top jobs in the Philippines were all centered around tech roles especially data scientists, developers, and analysts. Though these hard skills are in high-demand, employers and recruiters in the Philip

31、pines also need candidates with soft skills relating to management, communication, and execution19. The desire for candidates with a mix of hard and soft skills often referred to as “hybrid skills” is a testament to how businesses are in the midst of transforming both processes and the workforces20.

32、 Start-ups across various sectors such as retail, agriculture and manufacturing have also displayed an increased need for tech talent to innovate and deliver new digital solutions.COMMITMENT获取更多最新资料请加微信y o u z i c m s 66611RGF Salary Watch: PhilippinesHot Jobs AI & Data Science Big Data & Business I

33、ntelligence Cybersecurity Digitalization Transformation Sales Finance & Accounting HR Legal & Compliance Supply Chain Audit & Compliance Equity Research Fund Management FX/Commodities Internal IT Investment Banking Investment Portfolio Management Legal Private Equity Relationship Management Risk Man

34、agement TreasuryIndustrialTechnology, Internet &TelecommunicationsCorporate ServicesFinancial ServicesSmart Manufacturing Application Engineering Manufacturing Production & Operation Project Management Quality Management Sales & Marketing Supply Chain Medical Regulatory Affairs Sales & Marketing Sen

35、ior Management & General ManagementHealthcare & Life Science Digitaliatizon Ecommerce Marketing & Branding Product/Category Management Sales & Business Development Senior Management Supply Chain & ProcurementConsumer Goods & Retail Creativity & Content Digital MarketingMedia, Advertising & Entertain

36、ment获取更多最新资料请加微信y o u z i c m s 66612RGF Salary Watch: PhilippinesWith the Philippines actively working to recruit candidates in the Healthcare and Life Sciences there is an abundance of opportunity especially for candidates with tech skills. IT Directors in this industry with 1520 years of experien

37、ce can earn up to USD90,000, and will likely play a key role in the business as the country digitally transforms. Key FindingPhilippines Salary Data获取更多最新资料请加微信y o u z i c m s 66613RGF Salary Watch: PhilippinesIndustrial - Smart ManufacturingFUNCTIONPOSITIONYEARS OF EXPERIENCECOMPANY TYPEANNUAL SALA

38、RY RANGE (UNIT: 1,000 IN USD)ANNUAL SALARY RANGE (UNIT: 1,000 IN PHP)MINMAXMINMAXApplication EngineeringDirector15-20Global MNC881004,5505,200Large Local/Global MNC HQ63753,2503,900SME38501,9502,600Manager10-15Global MNC38501,9502,600Large Local/Global MNC HQ25381,3001,950SME18239101,170Engineer5-8G

39、lobal MNC25301,3001,560Large Local/Global MNC HQ20251,0401,300SME1318650910Manufacturing, Production & OperationDirector15-20Global MNC751003,9005,200Large Local/Global MNC HQ63753,2503,900SME38451,9502,340Manager10-15Global MNC30381,5601,950Large Local/Global MNC HQ23301,1701,560SME15207801,040Exce

40、llence Leader8-10Global MNC20251,0401,300Large Local/Global MNC HQ18209101,040SME1315650780Engineer5-8Global MNC1013520650Large Local/Global MNC HQ810390520SME58260390Supervisor3-5Global MNC810390520Large Local/Global MNC HQ58260390SME45195260Quality ManagementDirector15-20Global MNC881004,5505,200L

41、arge Local/Global MNC HQ63753,2503,900SME38501,9502,600Manager10-15Global MNC38501,9502,600Large Local/Global MNC HQ25381,3001,950SME18239101,170Supervisor8-10Global MNC20251,0401,300Large Local/Global MNC HQ15207801,040SME1013520650Engineer5-8Global MNC1318650910Large Local/Global MNC HQ813390650SM

42、E58260390获取更多最新资料请加微信y o u z i c m s 66614RGF Salary Watch: PhilippinesFUNCTIONPOSITIONYEARS OF EXPERIENCECOMPANY TYPEANNUAL SALARY RANGE (UNIT: 1,000 IN USD)ANNUAL SALARY RANGE (UNIT: 1,000 IN PHP)MINMAXMINMAXProject ManagementDirector15-20Global MNC63753,2503,900Large Local/Global MNC HQ50632,6003

43、,250SME38451,9502,340Manager10-15Global MNC38501,9502,600Large Local/Global MNC HQ25381,3001,950SME15207801,040Supervisor8-10Global MNC18209101,040Large Local/Global MNC HQ1315650780SME813390650Engineer5-8Global MNC1318650910Large Local/Global MNC HQ813390650SME58260390Sales & MarketingSales Directo

44、r15-20Global MNC63753,2503,900Large Local/Global MNC HQ50632,6003,250SME38451,9502,340Sales Manager8-10Global MNC38501,9502,600Large Local/Global MNC HQ25381,3001,950SME15207801,040Business Development Manager8-10Global MNC38501,9502,600Large Local/Global MNC HQ25381,3001,950SME15207801,040Account M

45、anager5-8Global MNC38501,9502,600Large Local/Global MNC HQ25381,3001,950SME15207801,040Marketing Director15-20Global MNC63753,2503,900Large Local/Global MNC HQ50632,6003,250SME38451,9502,340Marketing Manager8-10Global MNC38501,9502,600Large Local/Global MNC HQ25381,3001,950SME15207801,040Supply Chai

46、nDirector15-20Global MNC751003,9005,200Large Local/Global MNC HQ63753,2503,900SME38451,9502,340Manager8-10Global MNC30381,5601,950Large Local/Global MNC HQ23301,1701,560SME15207801,040Supervisor5-8Global MNC1013520650Large Local/Global MNC HQ810390520SME58260390 Definition of annual salary range ref

47、ers to basic salary, not include allowance, stock, bonus or any other additional benefits. Exchange rate: USD1 = PHP52= Hot jobs获取更多最新资料请加微信y o u z i c m s 66615RGF Salary Watch: PhilippinesTechnology, Internet & TelecommunicationsFUNCTIONPOSITIONYEARS OF EXPERIENCECOMPANY TYPEANNUAL SALARY RANGE (U

48、NIT: 1,000 IN USD)ANNUAL SALARY RANGE (UNIT: 1,000 IN PHP)MINMAXMINMAXSenior ManagementGM10-15Global MNC1632418,45012,550VP8-10Global MNC1152256,00011,700R&DDirector20+Global MNC751633,9008,500Manager/Architect8-10Global MNC501122,6005,800Engineer5-8Global MNC21561,1002,900Mobile DevelopmentDirector

49、20+Global MNC811384,2007,200Manager/Architect8-10Global MNC42692,1603,600Engineer5-8Global MNC14307201,560AI And Data ScienceDirector15-20Global MNC751633,9008,500Manager/Architect8-10Global MNC481302,5006,500Engineer5-8Global MNC29541,5002,800Front End & Back End EngineeringDirector20+Global MNC104

50、1505,4007,800Manager/Architect8-10Global MNC35921,8004,800Engineer5-8Global MNC12286001,440Cyber SecurityDirector15-20Global MNC671653,5008,600Manager/Architect8-10Global MNC29621,5003,200Engineer5-8Global MNC21501,1002,600Big Data & Business IntelligenceDirector15-20Global MNC751733,9009,000Manager