Law tops recent list of high-paying fields in the Philippines

QUEZON CITY, Philippines (Eagle News) — Law topped the list of fields that provide the highest salaries to fresh graduates, this based on an online platform for job seekers.

Jobstreet Philippines country manager Philip Gioca said based on their survey conducted in the last quarter of 2016 until February 2017,  fresh graduates or new hires in in the legal field get a monthly average of P27, 124.

The survey was sent out to 644 respondents (employers and companies) who hire fresh graduates.

In second place was the health services field, where new hires employed get a monthly average of P23,316; and in third the journalistic field that covers online content writers, brand writers and translators.

Each of them may get a monthly salary of P21,711.

 

The remaining topnotchers are the following: the IT field, where one can get an average monthly salary of  P21,703; the education field, with an average monthly of P21, 457; the actuarial science field with P21, 048; the training and development field with P20, 838; the banking financial field with P20, 092; the public relations field, with P20, 055; and the advertising and media planning field, with P19, 960.

The Business Processing Output (BPO) industry, which includes call center companies, had the most number of available positions for new graduates (a 66 percent availability), based on the survey.

Retail followed the BPO industry (2 percent), while in third place was the real estate industry, with a 1.5 percent accessibility.

Other industries which allow for the most number of applicants yearly are the manufacturing, food and beverage, banking, construction, telecommunications, general and wholesale trading, and IT-software ones.

Changing attitudes and preferences 

According to Gioca, “more than any time in recent history,  the changes in attitude and preferences in employment have become rapid and constant.”

As such, he said job seekers should equip themselves with “further knowledge should they want a distinct advantage in this highly competitive field.”

“But also for the employers, we want to benchmark and influence what is the salary that they should be giving to be able to attract the talents,” he continued.

Hires from different schools

According to Gioca, the notion that employers only hire from the perceived top schools is already a misconception.

According to Jobstreet’s employer survey, most of the graduates hired by employers in 2016 were from the Polytechnic University of the Philippines (56%).

This is 10 percent more than the percent of the whole hired from the University of the Philippines (46%), and 12 percent more than the percent of the whole hired from the University of Santo Tomas (44%).

“I think it doesn’t matter anymore which school you go to because of the industries are so diverse,” Gioca said.

“The 3 factors that affect a fresh graduate’s chances of getting hired are attitude, the field of study, and asking salary,” Gioca added.

 

Jodi Bustos, Eagle News Service