Online hiring in the Philippines sees an annual surge of 18%
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1 Online hiring in the Philippines sees an annual surge of % The Philippines witnessed an % year-on-year annual boost in online recruitment activity in y 20, according to the latest Monster Employment Index (MEI). The highest performing industry was Retail at 39% annual growth, while BPO/ITES failed to impress with a 3% year-on-year decline. In terms of job roles, professionals in the Purchase/ Logistics/ Supply Chain industry saw the highest demand at 37%. Least in demand were professionals from the Customer Service sector, owing to a 9% annual decline. MANILA, 19 September 20 - Overall online hiring sentiment in the Philippines registered a positive % year-on-year growth between y 20 and 20, according to findings from the Monster Employment Index (MEI). y proved to be a good month for several industries in the Philippines, namely Retail (39%), Health Care (33%) and Logistics (31%). The BFSI and Hospitality industries also enjoyed double-digit growth to the tune of 19% and % respectively, for the month of y. Albeit not on par with other industries in the Philippines, the Consumer Goods, Production and Engineering industries all amassed annual growth figures to the tune of 13%, 10% and 10% respectively for the month of y. BPO/ITES was the only industry in the Philippines to experience a decline of 3% in y. The Monster Employment Index (MEI) is a gauge of online job posting activities compiled monthly by Monster.com. It records the industries and occupations that show the highest and lowest growth in recruitment activity locally.
2 Overall online hiring is flourishing in the Philippines, as confirmed by the positive annual growths recorded by several job roles monitored. The Purchase/ Logistics/ Supply Chain occupation commanded the most demand with a whopping 37% annual growth for the month of y. Coming in at a close second are the occupational groups of HR & Admin and Sales and Business Development, commanding 32% and 31% positive year-on-year growth during y. In line with favourable developments in the industry, the Health Care and Finance and Accounts sectors displayed corresponding positive year-on-year growth of 29% and 28% respectively. However, Engineering/Production, Real Estate and Customer Service professionals found that their skills were not in high demand, owing to a meagre 9 percent growth and 9 percent in the two sectors, respectively. Retail and Healthcare have been some of the top performing industries for y, as both have undergone technological upgrades in terms of accessibility and varied formats. Supply chain and human resources roles are in demand as these occupations form the backbone of the Philippine economy, said Abhijeet Mukherjee, CEO of Monster.com APAC and Middle East. Only the BPO/ITES industry did not seem to make a mark, but can definitely be expected to improve in the coming months. Overall, most industries and sectors have been performing well in terms of expansion and demand for talent. This can be owed to the ambitious economy-building programs being undertaken by the government. The Monster Employment Index Philippines is a monthly gauge of online job posting activity, based on a real-time review of millions of employer job opportunities, culled from a large representative selection of career websites and online job listings across Singapore. The Index does not reflect the trend of any one advertiser or source, but is an aggregate measure of the change in job listings across the industry. Monster Employment Index Philippines results for the past months are as follows: Feb Mar Apr May Jun Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Y-o- Y %
3 Top Growth Industries Lowest Growth Industries % Growth % Growth Consumer Goods/ FMCG, Food & Retail % Packaged Food, Home 84 Appliance, Garments/ 95 13% Textiles/ Leather, Gems & Jewellery Production/Manufacturin Health Care % g, Automotive and % Ancillary Logistic, Courier/ Freight/ Transportation, % Engineering, Construction and Real % Import/Export, Shipping Estate BFSI % Education % Hospitality % BPO/ITES % Top Growth Occupations Lowest Growth Occupations Purchase/ Supply Chain Logistics/ % HR & Admin % Sales & Business Development % Growth Software, Hardware, Telecom Marketing & Communications % Growth % % % Hospitality & Travel % Engineering /Production, Health Care % % Real Estate Finance & Accounts % Customer Service % By Industry Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun BPO/ITES IT, Telecom/ISP BFSI Engineering, Construction and Real Estate Consumer Goods/ 84 FMCG, Food &
4 Packaged Food, Home Appliance, Garments/ Textiles/ Leather, Gems & Jewellery Production/Manufact uring, Automotive and Ancillary Retail Hospitality Education Health Care Logistic, Courier/ Freight/ Transportation, Import/Export, Shipping Advertising, Market Research, Public Relations, Media and Entertainment By Occupation Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Software, Hardware, 110 Telecom Finance & Accounts Sales & Business 97 Development Customer Service Marketing & 109 Communications HR & Admin Engineering /Production, Real Estate Hospitality & Travel Health Care Purchase/ Logistics/ 103 Supply Chain
5 About the Monster Employment Index The Monster Employment Index is a broad and comprehensive monthly analysis of online job posting activity conducted by Monster India. Based on a real-time review of millions of employer job opportunities culled from a large, representative selection of online career outlets, the Monster Employment Index presents a snapshot of employer online recruitment activity nationwide. Monster has taken due care in compiling and processing the data available from various sources for Monster Employment Index, but does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or action / decision taken or for the results obtained from the use of such information. Monster Employment Index was first launched in India in May 2010 with data collected since October 2009 followed by Gulf in April 2011 with data collected since October 2010; Singapore in May 2014 with data collected since January 2011; Philippines and Malaysia in May 2015 with data collected since February About Monster APAC & Gulf Monster, for more than 20 years, is a leading online career and recruitment resource and with its cutting-edge technology provides relevant profiles to employers and relevant jobs to jobseekers across industry verticals, experience levels and geographies. Monster today has more than 200 million people registered on the Monster Worldwide network, and with operations in more than 40 countries, provides the widest and most sophisticated job seeking, career management, recruitment and talent management capabilities. Monster in APAC & Gulf started its operations with India, in 2001 and has operations across India, Singapore, Malaysia, Philippines, Hong Kong, Vietnam, Thailand, Indonesia, UAE and Kingdom of Saudi Arabia. In India it is headquartered in Hyderabad, and has presence in 10 other cities of India viz., Mumbai, Delhi, Bangalore, Chennai, Pune, Kolkata, Ahmedabad, Baroda, Chandigarh, and Cochin. Monster Mobile App in India was voted Product of the Year in 2016 under the Mobile App Job category in a survey of over 000 people by Nielsen. Monster.com in India was also voted Product of the Year in 2015 and back in 2014, mpower Search was voted Product of the Year as well. The Indian Air Force Placement Cell (IAFPC) selected Monster India for a collaboration to provide a robust platform to assist retired and shortly retiring Air Warriors seek suitable second career opportunities in the corporate world. Monster also initiated Rozgarduniya.com - a job portal exclusively for jobseekers in rural India to enable employers in corporate India to connect with rural talent, thus removing the traditional barriers they face in this process. Monster continues its pioneering work of transforming the recruiting industry with advanced technology using intelligent digital, social and mobile solutions, and a vast array of products and services. To learn more about Monster in APAC & Gulf, visit:
6 For further queries, please contact: Priyanka Sharma Kaintura Head of Communication - APAC & Gulf, Monster.com Priyanka.Sharma@monsterindia.com Richa Shah Mutant Communications Richa@mutant.com.sg (+65) Priscillia Chun Mutant Communications Priscillia@mutant.com.sg (+65)
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