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SALARY

guide
2023

The latest
salary insights
for today’s hiring

PHILIPPINES
table of contents
Introduction | 1 - 2
What is Salary Guide 2023
Scope and Methodology

Salary Overview: JobStreet Philippines Salary Data Facts | 3 - 5


Did You Know?

Salary Overview: Industry and Specialisation | 6 - 9


Salary Changes across JobStreet and JobsDB in Asia
Salary Changes by Industry in Philippines
Salary Changes by Specialisation in Philippines

Salary Overview: Industries with Salary Change | 10 - 12


Top Industries with Increased Salary
Top Industries with Decreased Salary

Salary Overview: Specialisations with Salary Change | 13 – 15


Top Specialisations with Increased Salary
Top Specialisations with Decreased Salary

Salary Overview: Salaries by Location | 16 - 19


Salary Changes in Major Cities
Salaries by Cities and Districts

Salary Overview: SME vs Corporate | 20 - 23


Salary Insights
Salaries Compared by Industry
Salaries Compared by Specialisation

Salary Breakdown by Industry | 24 – 39

Hiring Advice | 40-45


Summary
Action Plan #1 – Identify Deal Breakers
Action Plan #2 – Identify Working Models
Action Plan #3 – Shift the Hiring Paradigm
Continue Your Journey with a Reliable Partner
Introduction

salary guide 2023


JobStreet Philippines
We're thrilled to bring you the must-have hiring guide for 2023. Make your hiring
faster and better with the latest salary trends in Philippines.

Salary transparency matters. In fact, 53% of jobseekers in Philippines want to know


the salary before they apply *. As your No.1 Trusted Talent Partner, we can guide you
to be more competitive and confident in attracting good talent.

Hiring managers and HR professionals will navigate 2024 better prepared with salary
insights from 90,000 jobseekers across industries, specialisations, and locations.

What is Salary Guide 2023?


It’s an insights-packed salary report of Philippines’ job
market. Compiled from JobStreet Philippines’ latest
data, the salary report analyses and compares salaries
to help companies attract the right talent.

*JobStreet Philippines’ Future of Recruitment Report 2023, created in


partnership with Boston Consulting Group & The Network

1
Scope & Methodology

SALARY GUIDE 2023


What is it intended for?
Assist employers in understanding salary trends across different specialisations and position
levels. It empowers them to make strategic decisions for acquiring and retaining talent.

How is it derived?
The report is based on salary data from job ads placed by employers in JobStreet Philippines’ portal.

Period of Analysis
The report compares salary data between April 2022 – March 2023 and the same period
of the year before (April 2021 – March 2022).

Data Analysis
This report uses median salary. Outliers or extreme values, as well as salary below the
country's minimum salary wages were excluded to ensure the accuracy of analysis
and insights.

Outliers or extreme values, as well as salary data below the country's


minimum salary wage (₱6,000) were excluded
to ensure the accuracy of
analysis and insights.

Data Source
All salary data is full-time monthly
salary data extracted from
JobStreet ads in the internal
database.

2
SALARY OVERVIEW:
JOBSTREET PHILIPPINES
SALARY DATA FACTS
Salar y Over view: JobStreet Philippines Salar y Data Facts

DiD YOU KNOW?


Industry Specialisation

Materials* Healthcare

57.1%
Top growing specialisation
₱40,000 Highest increase in median salary

Top growing industry


Highest increase in median salary 3.8% ₱ 1,254

Apr 2021 – Mar 2022: ₱ 32,321


Apr 2021 – Mar 2022: ₱ 70,000
Apr 2022 – Mar 2023: ₱ 110,000 Apr 2022 – Mar 2023: ₱ 33,575

Insurance Accounting & Finance

-49.5% ₱22,500 Top Specialisation at risk


Highest decrease in median salary

Top industry at risk


Highest decrease in median salary -26.7%
Apr 2021 – Mar 2022: ₱30,000
₱ 8,000

Apr 2021 – Mar 2022: ₱ 45,500


Apr 2022 – Mar 2023: ₱ 23,000 Apr 2022 – Mar 2023: ₱22,000

Materials* Computer & IT

₱110,000 ₱82,500
Highest Median Salary
Highest median salary

*Polymer/Plastic/Rubber/Tyres, Tobacco and Wood/Fiber/Paper

4
Salar y Over view: JobStreet Philippines Salar y Data Facts

DiD YOU KNOW?


Region

Region VI - Region VII - National Capital


Western Visayas Central Visayas Region - Taguig City

133.3% ₱33,914 140.0% ₱52,500 ₱45,000


Rank & File in Healthcare Supervisors from Highest Paid City
specialization in Western Visayas Consulting Industry
had the highest increment in salary Highest Median Salary growth

Apr 2021 – Mar 2022: ₱ 25,439 Apr 2021 – Mar 2022: ₱ 37,500
Apr 2022 – Mar 2023: ₱ 59,353 Apr 2022 – Mar 2023: ₱ 90,000

Job Level
C Level Management

9.6% ₱11,000

C Level Management
in Property & Real Estate National Capital Region - Taguig City
Highest Median Salary Growth
Apr 2021 – Mar 2022: ₱ 115,000
Apr 2022 – Mar 2023: ₱ 126,000

Western Visayas

Supervisor
Central Visayas

31.9% ₱21,500
Supervisors in Consulting
Highest Median Salary decrease

Apr 2021 – Mar 2022: ₱ 67,500


Apr 2022 – Mar 2023: ₱ 46,000

5
SALARY OVERVIEW:
Industry and
Specialisation
Salar y Over view: Industr y and Specialisation

Salary Changes on
Jobstreet and JobSdb in Asia
Overall salary has stabilised significantly this year compared to the year before.
All markets, including the Philippines only experienced salary fluctuations in small percentage
of their job ads

1.4% 1.3%
Overall change
on JobStreet Increase
and JobsDB
No change

Decrease

97.3%

JobStreet Malaysia JobStreet Singapore JobsDB Thailand

1.3% 1.4%1.4%
1.3% 2.0% 1.6%

97.3% 96.4% 100%


97.7%

JobStreet Indonesia JobStreet Philippines JobsDB Hong Kong

1.3% 1.4%
2.1% 2.2% 1.2% 1.2%

95.7% 97.6% 100%


97.7%

JobStreet Data, April 2022 – March 2023 vs April 2021 – March 2022 7
Salar y Over view: Industr y and Specialisation

Salary Changes
by Industry in the philippines
Salaries in the Philippines remain largely stable, with the fluctuation of job ads with changed salaries
within 2%, except for the Entertainment industry at 5.49%. This can be attributed to consumers cutting
down on non-essential spending, which has directly impacted the demand for entertainment-related
services and resulted in adjustments to salaries within the industry. The decrease on non-essential
spending may have led to reduced revenue and profitability for entertainment companies, prompting them
to make salary adjustments accordingly.

Percentage of Job Ads with Salary Changes by Industry : Top Pay Cuts
Entertainment -5.49%
Oil & Gas -2.41%
Consumer Goods -1.91%
Electrical/ Electronics -1.69%
Others -1.57%
Retail & Trade -1.33%
Banking & Finance -1.16%
Food & Beverage -0.81%
Property & Real Estate -0.41%
Hospitality -0.19%
Healthcare -0.15%
Insurance -0.12%
Education -0.002%

Percentage of Job Ads with Salary Changes by Industry: Top Pay Rises

Transportation 1.68%
Human Resources 1.32%
Telecommunication 1.19%
Marketing & Advertising 0.91%
Call Center / BPO 0.25%
Manufacturing 0.22%
Government Sector 0.19%
Computer / IT 0.16%
Consulting 0.03%

Construction & Building 0.01%

JobStreet Data, April 2022 – March 2023 vs April 2021 – March 2022 8
Salar y Over view: Industr y and Specialisation

Salary Changes
by Specialisation
in the philippines
Salaries across various specializations have shown overall stability, with only three specializations
indicating changes in salary. Notably, the Accounting/Finance specialization experienced a minor
decrease of only 1.02%, further highlighting the consistent nature of salaries in the country.

Specialisation Net Job Ad Changes (%)


Services 0.69%
Sales/ Marketing 0.08%

Accounting / Finance -1.02%

JobStreet Data, April 2022- March 2023 vs April 2021 – March 2022 9
SALARY OVERVIEW:
Industries with
Salary Change
Salar y Over view: Industries with Salar y Change

Top Industries
with Increased Salary
In light of increased job ads within the Government Sector industry this year, professionals in these
sectors are facing a year-on-year increment in median salary across multiple position levels, signaling
positive growth in compensation especially within the Rank & File level roles with Nursing Attendant
I(+40.6%) and Laboratory Aide II(40.4%) have the most increase in salary growth. This trend reflects
the increasing demand for skilled professionals in Government Sector, which is driving up salaries
despite a potentially challenging job market.

Supervisor Manager C Level


Rank & File Management

Government Sector 20,754 +16.0% 34,079 78,455 +2.5% 121,411+8.7%

Call Center / BPO 20,000 55,000 80,000 195,000+0.9%

Education 25,439 49,835 +3.2% 46,000

Construction & Building 16,755 +4.7% 34,500 55,000 115,000

Property & Real Estate 17,000 32,500 52,500 126,000 +9.6%

Electrical / Electronics 18,000 37,500 66,000 +1.5%

Social Services 22,500 +10.3% 34,079 52,500

Beauty, Health & Fitness 13,000 +4.0% 27,500 40,000

Entertainment 17,500 40,000 +15.9% 65,000

Repair & Maintenance 16,000 +4.9% 25,600 +6.7% 52,500

Apparel & Textiles 15,550 +0.3% 23,500 +2.2%

Materials 75,000 +7.1% 146,500 +33.2%

JobStreet Data, April 2022- March 2023 vs April 2021 – March 2022 11
Salar y Over view: Industries with Salar y Change

Top Industries
with decreased salary
Despite an increase in job opportunities within the Consulting industry sector, there has been
notable drop in salaries across multiple position level especially Supervisor positions with job
title of Data Analyst(-52.9%), Site Reliability Engineer(-48.2%) and Senior Data Engineer(-48.2%)
have the most decrease in salary.

Supervisor Manager C Level


Rank & File Management

Human Resources 20,000 70,000 -12.5% 75,000 200,000

Banking & Finance 16,500 50,000 62,500 144,000 -4.0%

Healthcare 22,316 35,000 -2.8% 57,500

Computer / IT 21,000 -2.3% 82,500 90,000 -2.7% 200,000

Manufacturing 15,500 -0.6% 27,500 -0.4% 52,500 162,500

Food & Beverage 14,500 25,300 -4.5% 25,000

Consulting 18,500 46,000 -31.9% 69,000 -8.0% 195,500 +9.7%

Telecommunication 18,000 -5.3% 36,000 -6.3% 57,500

Oil & Gas 12,950 -24.9% 34,500 55,000 -4.3%

Consumer Goods 16,050 -7.0% 34,500 -1.4% 57,500

Hospitality 15,550 24,000 -12.7% 40,000 -15.8%

Environment 17,553 -17.2% 65,000

JobStreet Data, April 2022- March 2023 vs April 2021 – March 2022 12
Salary Overview:
Specialisations with
Salary Change
Salar y Over view: Specialisations with Salar y Change

Top Specialisations
with Increased Salary
Healthcare emerges as the most promising specialization, with increased salaries observed across
all position levels, including Supervisor and Manager at the highest rates of 55% and 54.3%
respectively. This significant salary growth can be attributed to various factors, including rising
inflation and the growing recognition of crucial healthcare professionals, particularly in-demand roles
such as nurses.

There has been notable growth in Computer / IT specialisation especially Rank & File roles with Web
Programmer(79.2%), IT Support(37.5%), Computer Programmer(34.4%) have the most increase in
salary.

Supervisor Manager C Level


Rank & File Management

Accounting & Finance 17,500 +4.2% 42,500 62,500 +0.1% 150,000

Computer / IT 22,500 +0.8% 85,000 100,000 195,000

Healthcare 33,575 +5.3% 54,000 +54.3% 77,500 +55.0%

Manufacturing 14,812 +2.1% 27,500 55,000 +4.8% 172,000

Sciences 19,233 +0.8% 45,203 +3.5% 78,068 +2.0%

Arts / Media / Communication 19,500 +11.4% 45,000 57,500 +3.6% 125,000 +56.3%

JobStreet Data, April 2022- March 2023 vs April 2021 – March 2022 14
Salar y Over view: Specialisations with Salar y Change

Top Specialisations
with DECREASED Salary
The changing market dynamics and increased competition have contributed to the decrease in
salary levels for Building / Construction specialised field across multiple positions, especially
within the Manager job level roles with Project Sales Manager(-25.0%) and Sales Head(-23.2%)
have the most decrease in salary.

Supervisor Manager C Level


Rank & File Management

Education & Training 25,439 49,835 +3.2% 70,000 -9.7% 193,200

Admin/ Human Resources 16,200 +4.5% 40,000 75,000 +4.2% 175,000-10.3%

Building / Construction 19,000 -10.4% 34,500 52,500 -4.5% 115,000

Engineering 17,250 -1.7% 34,500 60,000

-0.6% -0.4%
-4.5%

195,500

-5.3% -6.3%

-24.9% -4.3%

40,000 -15.8%

JobStreet Data, April 2022- March 2023 vs April 2021 – March 2022 15
SALARY OVERVIEW:
SalarIES by Location
Salar y Over view: Salaries by Location

Salary Change
in Major REGIONS
Central Luzon No Changes

National Capital Region -₱7,500 23.1%

Calabarzon & Mimaropa No Changes

Western Visayas No Changes

Central Visayas No Changes

Northern Mindanao No Changes

Top industries and specialisations with salary changes

National Capital Region -₱7,500 23.1% Central Visayas No Changes Western Visayas No Changes
Industry Industry Industry
Materials +₱40,000 57.1% Consulting +₱27,500 73.3% Hospitality +₱14,500 63.0%
Telecommunications +₱8,000 19.1% Insurance +₱ 17,250 75.0% Social Services +₱8,027 30.8%
Mining +₱2,250 5.6% Communication +₱4,500 25.0% Others +₱2,750 19.3%

Specialisation Specialisation Specialisation


Healthcare +₱33,914 133.3%
Healthcare +₱22,000 102.3% Arts / Media/ Communication +₱6,000 42.9%

Sciences +₱1,355 5.7% Admin/ Human Resources +₱1,008 6.7%

Hotel / Restaurant +₱764 4.6%

Calabarzon & Mimaropa No Changes Central Luzon No Changes Northern Mindanao No Changes
Industry Industry Industry
Consumer Goods +₱18,100 125.7% Consulting +₱23,000 54.8% Property & Real Estate +₱9,750 59.1%
Property & Real Estate +₱10,500 67.8% Transportation +₱500 2.2% Government Sector +₱6,206 32.3%
Computer / IT +₱8,000 36.4%

Specialisation Specialisation Specialisation


Hotel / Restaurant +₱1,909 13.6% Admin/ Human Resources +₱8,377 54.0% Services +₱4,411 14.9%
Accounting / Finance +₱461 3.1% Accounting/Finance +₱4,402 27.5% Accounting / Finance +₱1,952 11.1%
Services +₱333 1.1% Hotel/ Restaurant +₱552 3.1%

JobStreet Data, April 2022- March 2023 vs April 2021 – March 2022 17
Salar y Over view: Salaries by Location

Salary Change
in Major REGIONS
Ilocos Region No Changes

Cagayan Valley -₱7,500 23.1%

Bicol Region No Changes

Eastern Visayas No Changes

CARAGA No Changes

Davao No Changes

Top industries and specialisations with salary changes

Davao No Changes Ilocos Region No Changes Cagayan Valley No Changes


Industry Industry Industry
Consulting +₱5,750 25.0% Telecommunication +₱15,000 60.0% Mining +₱52,320 119.8%
Communication +₱5,500 31.4% Goverment Sector +₱ 148 0.8%
Service +₱5,220 25.8%

Specialisation Specialisation Specialisation


Computer +₱33,914 162.5%
Hotel / Restaurant +₱6,500 4.2% Accounting / Finance +₱4,715 30.3%
Admin/ Human Resources +₱8,884 59.3%
Computer & IT +₱1,450 7.4%

Caraga No Changes Eastern Visayas No Changes Bicol Region No Changes


Industry Industry Industry
Mining +₱11,280 69.5% Banking & Finance +₱16,100 127.3% Government Sector +₱6,730 29.3%
Environment +₱4,411 14.9% Government Sector +₱12,115 69.0%
Government Sector +₱3,867 19.4%

Specialisation Specialisation Specialisation


Admin / Human Resources +₱11,039 76.7% Hotel / Restaurant +₱7,214 75.9% Accounting / Finance +₱5,846 29.8%
Services +₱495 1.5% Accounting/Finance +₱5,590 37.7% Hotel / Restaurant +₱3,991 31.9%

JobStreet Data, April 2022- March 2023 vs April 2021 – March 2022 18
Salar y Over view: Salaries by Location

Salaries by
MAJOR REGIONS
Supervisor Manager C Level
Rank & File Management

Region I - Ilocos Region 22,316 45,269 +30.2% 46,000 +15.0% 175,000

Region II - Cagayan Valley 23,877 33,411 66,308

Region III - Central Luzon 23,877 35,000 +4.8% 46,000 -3.2% 172,500

Region IV - 18,161 34,079 +13.6% 50,000 +4.2% 200,000


Calabarzon & Mimaropa

Region V - Bicol Region 25,439 34,079 37,000 -7.5%

Region VI - Western Visayas 25,439 34,079 60,000

Region VII - Central Visayas 23,500 +4.4% 34,079 60,000 +4.4% 175,000

Region VIII - Eastern Visayas 25,439 33,584 69,394

Region IX - Zamboanga Peninsula 25,439 49,835 +46.2% 83,406 +131.7%

Region X - Northern Mindanao 25,439 34,079 -1.2% 55,000 +59.4%

Region XII - Soccksargen 25,439 +6.5% 20,500 -38.6% 34,500

Region XIII - Caraga 25,439 34,079 -24.6% 65,057 +93.7%

NCR - National Capital Region 20,000 45,000 -2.2% 65,000 175,000

C.A.R. Cordillera 25,439 +37.5% 34,079 72,314 +3.3%


Administrative Region

BARMM - Bangsamoro Autonomous 25,439 +52.0% 33,411-40.1% 66,308


Region in Muslim Mindanao 111,742

JobStreet Data, April 2022- March 2023 vs April 2021 – March 2022 19
SALARY OVERVIEW:
SME vs Corporate
Salar y Over view: SME vs Corporate

salary insights
SME Corporate
SME
Computer & IT ₱ 55,000 Computer & IT ₱ 82,500

Consulting ₱ 46,000 Highest Paid Industry Insurance ₱ 72,000

Call Center / BPO ₱ 45,000 Human Resources ₱ 65,000

Computer & IT ₱ 75,000 Computer & IT ₱ 82,500

Building / Constuction ₱ 34,500 Highest Paid Specialisation Education / Training ₱ 46,000

Services ₱ 27,500 Building / Construction ₱ 34,500

Entertainment 66.7% Food & Beverage 11.6%


Top Salary Growth Industry Human Resources 8.3%
(% change in median salary)
Marketing & Advertising 7.1%

Accounting / Finance 22.2% Engineering 35.0%


Top Salary Growth Specialisation
(% change in median salary)

Insurance 52.8% Hospitality 35.2%

Construction & Building 41.2% Top Industry at Risk Transportation 15.6%


(% change in median salary)
Marketing & Advertising 40.9% Electrical / Electronics 13.6%

Admin / Human Resources 28.3% Admin / Human Resources 44.3%


Engineering 28.2% Top Specialisation at Risk Manufacturing 31.3%
(% change in median salary)
Manufacturing 16.4%

Engineering specialised field in SME experienced a drop in salary especially within the Supervisor job level
roles with Heavy Equipment Mechanic(-31.8%), Professional Electrical Engineer(-31.3%) and Electrical
Design Engineer(-28.3%) have the most decrease in salary.

Manufacturing specialised field in Corporation experienced a drop in salary especially within the Supervisor
roles with Senior Quality Assurance Engineer(-32.1%), Quality Supervisor(-25.0%) and PPIC
Supervisor(-24.7%) have the most decrease in salary.

*Figures are for all position levels


*small and medium-sized enterprises (SMEs): Between 10-199 employees, Advertiser Segmentation = S3/S4 or S2
*corporate companies: More than 200 employees, Advertiser Segmentation = K1 or K2
Reference:
https://pcw.gov.ph/micro-small-and-medium-enterprises-development/#:~:text=The%20Philippines%20employs%20two%20criteria,has%20200%20or%20more%20employees.

JobStreet Data, April 2022 – March 2023 vs April 2021 – March 2022 21
Salar y Over view: SME vs Corporate

Salaries by Industry
C level
Rank & File Supervisor Manager Management

Banking & Finance 16.5K 17K 50K 42.8K 62.5K 60K 147.5K 144K

Call Center / BPO 20K 20K 46K 55K 80K 80K 195K

Computer & IT 21.5K 20K 82.5K 82.5K 98.9K 72K 170K

Construction & Building 17.25K 16K 34.5K 34.5K 55K 55K

70K 65K
Electrical & Electronics 17.5K 18K 44K 37.5K

Entertainment 17.5K 17.5K 28.8K 40K 60K 51.8K

Food & Beverage 14.5K 14.5K 29K 25.3K 46.6K 25K

Healthcare 20K 20K 35K 35K 50K 50K

Hospitality 16.6K 15.5K 30K 24K 47.5K 40K

Human Resources 15K 15K 90K 40K 75K 75K

Insurance 14.5K 16K 46K 72K 72K

Manufacturing 15.5K 16K 27.6K 27.5K 57.5K 52.5K

Marketing & Advertising 19.5K 19.5K 37.5K 37.5K 45.5K

Corporate SME

JobStreet Data, April 2022 – March 2023 vs April 2021 – March 2022 22
Salar y Over view: SME vs Corporate

Salaries
by specialisation
C level
Rank & File Supervisor Manager Management

Accounting / Finance 21K 16.5K 50K 32.5K 62.5K 57.5K 170K 144K

Admin / 19.5K 15.5K 44.5K 30K 80.5K 55K 195K 140K


Human Resources

Arts / Media / 22K 17.3K 46K 37.5K 58.8K 45K


Communications

Building / Construction 17.5K 17.5K 32.5K 34.5K 52.5K 55K

Computer / IT 22K 21.5K 82.5K 82.5K 98.9K 98.9K 180K

Education / Training 22.5K 25.4K 46K 45K 77.5K 52.5K 193.2K

Engineering 20K 17K 30K 32.5K 60K 57.5K

Healthcare 22.5K 20K 54K 35K 50K 50K

Hotel / Restaurant 20.5K 14.5K 25.9K 21.5K 30K 25K

Manufacturing 22.5K 16K 33K 27.5K 72.5K 48K

Others 22K 22K 50K 30K 85K 71.3K

Sales / Marketing 22K 16.5K 30K 28.8K 52.5K 46.6K 155K 121.4K

Sciences 20.5K 18K 55K 32.5K 50K

Services 20K 18.8K 40K 35K 80K 57.5K 195K

Corporate SME

JobStreet Data, April 2022 – March 2023 vs April 2021 – March 2022 23
Salary Breakdown
by Industry
Salar y Breakdown by Industr y

Government Sector
SPECIALISATION

Accounting / Admin / Human Arts / Media / Building / Education /


Overall Computer / IT
Finance Resources Communication Construction Training

Rank & File 23,877 23,877 15.1% 15,461 16,393 23,877 0.2% 25,439 14% 25,439

Supervisor 34,079 48,313 66,867 0.6% 45,203 49,835 10.3% 83,200 49,835

Manager 78,455 68,415 9.5% 79,569 70,728 4.8%

C level
Management 121,411 121,411

Hotel / Sales /
Engineering Healthcare Manufacturing Sciences Services
Restaurant Marketing

Rank & File 16,877  5.2% 33,575 16,109 14,400 21,205 19,085 29,668

Supervisor 52,416 9.9% 100,788 36,619 38.4% 73,299 45,203 7.2% 45,203 34,079

Manager 76,566 88,410 78,068 2% 62,555 86.3%

C level
Management

• Managers in Services had the highest salary increase by ₱28,971 (86.3%) while
Supervisor of Hotel/Restaurant had the highest salary decrease by ₱22,850 (38.4%).

Increase No change Decrease

JobStreet Data, April 2022 – March 2023 vs April 2021 – March 2022 25
Salar y Breakdown by Industr y

Call Center / BPO


SPECIALISATION

Accounting / Admin / Human Arts / Media / Education /


Overall Computer / IT
Finance Resources Communication Training

Rank & File 20,000 21,000 19,500 22,000 22,500 22,500

Supervisor 55,000 55,000 44,500 47,500 90,000 46,000

Manager 80,000 85,000 80,500 73,000 100,500 77,500

C level
Management 195,000 170,000 5.6% 195,000 180,000 193,200

Sales /
Engineering Healthcare Manufacturing Sciences Services
Marketing

Rank & File 20,000 24,500 22,500 22,000 20,500 20,000

Supervisor 51,750 54,000 46,000 50,400 55,000 40,000

Manager 80,000 84,000 80,500 80,000 95,000 80,000

C level
Management 175,500 195,000

• C Level Managers in the Accounting/Finance specialization had a drop in salary by


₱10,000 (5.6%).

Increase No change Decrease

JobStreet Data, April 2022 – March 2023 vs April 2021 – March 2022 26
Salar y Breakdown by Industr y

Education
SPECIALISATION

Accounting / Admin / Human Education / Sales /


Overall Computer / IT
Finance Resources Training Marketing

Rank & File 25,439 24,495 15.5% 23,877 7% 21,000 2.3% 25,439 23,000

Supervisor 49,835 20,402 24,482 80,000 49,835 45,000

Manager 46,000 45,000 46,000 47,500

• Rank & File in Accounting/Finance had the highest salary increase by ₱3,290 (15.5%)
while at the same job level, Computer/IT specialization had the highest salary decrease
by ₱500 (2.3%).

Increase No change Decrease

JobStreet Data, April 2022 – March 2023 vs April 2021 – March 2022 27
Salar y Breakdown by Industr y

Retail & Trade


SPECIALISATION

Accounting / Admin / Human Arts / Media / Building /


Overall Computer / IT
Finance Resources Communication Construction

Rank & File 16,500 16,808 15,500 17,250 15,000 14.3% 18,000

Supervisor 23,000 30,000 25,000 30,000 28,750 39,000

Manager 37,500 50,000 45,000 45,000 47,500 70,000

C level
Management 104,000

Hotel / Sales /
Engineering Healthcare Manufacturing Services
Restaurant Marketing

Rank & File 17,500 22,000 14,500 17,500 16,500 15,000

Supervisor 27,000 23,500 23,500 25,000 20,000 27,500

Manager 45,000 30,500 30,000 40,000 37,500 52,500

C level
Management 104,000

• Rank & File of Building/Construction had the highest salary decrease by ₱2,500 (14.3%).

Increase No change Decrease

JobStreet Data, April 2022 – March 2023 vs April 2021 – March 2022 28
Salar y Breakdown by Industr y

Human Resources
SPECIALISATION

Accounting / Admin / Human Arts / Media / Building /


Overall Computer / IT
Finance Resources Communication Construction

Rank & File 20,000 16,500 15,000 18,00 17,000 22,500

Supervisor 75,000 45,000 40,000 45,000 37,500 90,000

Manager 75,000 75,000 75,000 55,500 70,000 110,000

C level
Management 215,000 175,000 12.5% 216,000 215,000

Education / Hotel / Sales /


Engineering Healthcare Manufacturing Services
Training Restaurant Marketing

Rank & File 19,500 17,250 21,500 16,100 14,950 15,000 20,000

Supervisor 48,500 42,000 70,000 25,500 40,000 45,000 45,000

Manager 80,000 65,000 77,500 37,500 67,500 65,000 85,000

C level
Management 172,500 225,000

• C level Management level in the Accounting/Finance specialization had the highest drop
in salary by ₱25,000 (12.5%).

Increase No change Decrease

JobStreet Data, April 2022 – March 2023 vs April 2021 – March 2022 29
Salar y Breakdown by Industr y

Banking & Finance


SPECIALISATION

Accounting / Admin / Human Sales /


Overall Computer / IT Manufacturing Services
Finance Resources Marketing

Rank & File 16,500 16,500 15,400 17,000 13,481 13,440 1.8% 17,000

Supervisor 50,000 50,000 40,000 70,000 39,500 40,000 45,000

Manager 62,500 62,500 67,500 75,000 55,000 60,000 60,000 13%

C level
Management 144,000 150,000 140,000 125,000 121,411

• Managers in the Services specialization had the highest drop in salary by


₱9,000 (13%).

• In the Sales/Marketing specialization, Rank & File salary had the highest increase by
₱240 (1.8%).

Increase No change Decrease

JobStreet Data, April 2022 – March 2023 vs April 2021 – March 2022 30
Salar y Breakdown by Industr y

Healthcare
SPECIALISATION

Accounting / Admin / Human Sales /


Overall Computer / IT Healthcare Manufacturing Services
Finance Resources Marketing

Rank & File 22,316 16,500 16,200  5.7% 18,000 33,575 15,910 16,000 17,000

Supervisor 35,000 36,000 32,500 67,500 35,000 30,000 34,500 36,000 2.7%

Manager 57,500 57,500 62,500 80,000 50,000 50,000 48,000 83,000

• Supervisors of the Services specialization had the highest drop in salary by


₱1,000(2.7%).

Increase No change Decrease

JobStreet Data, April 2022 – March 2023 vs April 2021 – March 2022 31
Salar y Breakdown by Industr y

Computer/IT
SPECIALISATION

Accounting / Admin / Human Arts / Media /


Overall Computer / IT
Finance Resources Communication

Rank & File 21,000 17,500 16,500 20,000 42.9% 21,500

Supervisor 82,500 42,500 40,000 46,000 82,500

Manager 92,500 72,000 72,000 98,900

C level
Management 200,000 170,000 200,000

Education / Sales /
Engineering Manufacturing Services
Training Marketing

Rank & File 17,500 16,500 18,000 20,000  4.8%

Supervisor 50,000 80,000 52,500 42,500 45,000

Manager 84,000 75,000 72,500 55,000 92,500

C level
Management 155,000

• Rank & File in Arts/Media/Communications specialization had the largest salary change
by ₱6,000 (42.9%).

• Rank & File in the Services specialization had the highest salary drop by ₱1,000 (4.8%).

Increase No change Decrease

JobStreet Data, April 2022 – March 2023 vs April 2021 – March 2022 32
Salar y Breakdown by Industr y

Manufacturing
SPECIALISATION

Accounting / Admin / Human Building /


Overall Computer / IT
Finance Resources Construction

Rank & File 15,500 16,785 15,500 17,500 16,000

Supervisor 27,600 30,000  6.25% 27,500 30,000 50,000 16.7%

Manager 52,500 60,000 57,500 51,750 80,500

Sales /
Engineering Manufacturing Sciences Services
Marketing

Rank & File 16,500 13,800 14,400 4.4% 17,250  4.2% 16,000 14.3%

Supervisor 28,750 4.2% 27,500 28,800 26,750 18.9% 30,000 13.2%

Manager 60,000 4.4% 48,000 52,500 57,500  4.2%

• Supervisors in Computer/IT had the highest salary decrease by ₱10,000 (16.7%),


whereas Supervisor in Services had the highest salary increase by ₱3,500 (13.2%).

Increase No change Decrease

JobStreet Data, April 2022- March 2023 vs April 2021 – March 2022 33
Salar y Breakdown by Industr y

Construction & Building


SPECIALISATION

Accounting / Admin / Human Building /


Overall Computer / IT
Finance Resources Construction

Rank & File 16,500 15,000 16,000 17,500 18,000

Supervisor 34,500 32,500 30,000 34,500 42,500

Manager 55,000 55,000 45,000 55,000

Sales /
Engineering Manufacturing Services
Marketing

Rank & File 17,640 16,000 16,500 15,500

Supervisor 34,500 28,750 32,500 45,000

Manager 57,500 50,000 33.3% 45,000 48,000 20%

• Managers in the Manufacturing specialization had the largest salary change with a
₱12,500 (33.3%) increase while the Services specialization for same position level had
a salary drop by ₱12,000 (20%).

Increase No change Decrease

JobStreet Data, April 2022 – March 2023 vs April 2021 – March 2022 34
Salar y Breakdown by Industr y

Property & Real Estate


SPECIALISATION

Accounting / Admin / Human Arts / Media / Building /


Overall Computer / IT
Finance Resources Communication Construction

Rank & File 17,000 17,000 16,500 17,500 21,500

Supervisor 32,500 34,500 30,000 35,000 32,500 47,500

Manager 52,500 57,500 55,000 57,500 52,500 75,000

C level
Management 115,000 132,000 115,000

Hotel / Sales /
Engineering Manufacturing Services
Restaurant Marketing

Rank & File 20,000 15,500 16,500 2.5% 17,250 17,750

Supervisor 32,500 25,000 32,000 30,000 32,400

Manager 60,000 48,000 57,500 52,500 85,000

• Rank & File position level in Manufacturing had the highest salary increase by ₱400 (2.5%).

Increase No change Decrease

JobStreet Data, April 2022- March 2023


JobStreet vs April
Data, April2021 – March
2022- March 2023
2022 vs April 2021 – March 2022 35
52
Salar y Breakdown by Industr y

FOOD & BEVERAGE

SPECIALISATION

Accounting / Admin / Human Sales /


Overall Hotel / Restaurant Manufacturing
Finance Resources Marketing

Rank & File 14,500 16,175 15,600 14,500 0.7% 15,410 16,000

Supervisor 24,000 29,000 28,250 21,500 25,300 26,500

Manager
25,000 50,000 47,500 25,000 46,000 46,600

Rank & File position level in Hotel/Restaurant had the highest salary increase
by ₱100 (0.7%).

Increase No change Decrease

JobStreet Data, April 2022- March 2023 vs April 2021 – March 2022 36
Salar y Breakdown by Industr y

TRANSPORTATION
SPECIALISATION
Accounting / Admin / Human Computer / IT Engineering
Finance Resources

Rank & File 16,500 15,500 21,250 17,000

Supervisor 32,500 28,750 55,000 28,750

Manager
60,000 50,000 75,000 52,500

Manufacturing Sales / Services


Marketing

Rank & File 15,500 6.9% 15,000 15,500 3.7%

Supervisor 27,000 20.0% 32,500 32,200

Manager 46,000 55,000 55,000

Supervisor level in Manufacturing had the highest salary increase by ₱ 4,500 (20%) while
Rank & File of Services had the highest decrease in salary by ₱ 600 (3.7%).

Increase No change Decrease

JobStreet Data, April 2022- March 2023 vs April 2021 – March 2022 37
Salar y Breakdown by Industr y

CONSULTING
SPECIALISATION

Accounting / Admin / Human Arts/ Media / Building/


Overall
Finance Resources Communication Construction

Rank & File 18,500 18,500 16,500 19,000

Supervisor 46,000 45,000 40,000 50,000 26,500


46,000

Manager
69,000 75,000 60,000 63,500 60,000

Engineering Sales/ Services


Computer
Marketing

Rank & File 22,000 18,400 17,500 19,000

Supervisor 85,000 46,000 46,000 45,000 26,500

Manager
105,000 69,000 60,000 82,500 19.6%

Managers in the Services specialization had the largest salary change with an increase of
₱13,500 (19.6%).

Increase No change Decrease

JobStreet Data, April 2022- March 2023 vs April 2021 – March 2022 38
Salar y Breakdown by Industr y

ELECTRICAL/ ELECTRONICS
SPECIALISATION

Accounting / Admin / Human Building/ Computer / IT


Overall
Finance Resources Construction

Rank & File 18,000 17,500 15,623 21,600 21,500

Supervisor 37,500 37,500 35,000 44,000 26,500


69,867

Manager
65,000 60,000 65,000 70,000 87,500

Services
Engineering Manufacturing Sales / Marketing

Rank & File 19,500 16,500 18,000 17,500

Supervisor 37,500 10.7% 30,000 36,000 36,000 5.3% 26,500

Manager
66,000 52,500 55,000 90,000

Supervisors in the Engineering specialization had the highest salary decrease (₱4,500,
10.7%).

Increase No change Decrease

JobStreet Data, April 2022- March 2023 vs April 2021 – March 2022 39
HIRING advice
Hiring Advice: Summar y

Summary
The median salary in the Philippines has exhibited a steady trend, showing minimal fluctuations across
1
most sectors when comparing year-on-year data. This stability in median salaries highlights a consistent job
market landscape for employers and professionals in the country.

2 Despite a decline in job ads within the Computer/IT specialization (-18.0%) this year, the median salary
continues to exhibit a year-on-year increase. This signifies growth in compensation for professionals in the
sector, especially in the Rank & File (0.83%) position. This trend highlights the strong demand for entry-level
IT professionals, driving up salaries despite potential job market challenges.

3 Reduced job ads in the Computer/IT, Manufacturing, and Telecommunication sectors result in lower median
salaries, indicating a negative compensation trend. Factors such as technological advancements, economic
conditions, and market fluctuations contribute to decreased demand and limited job opportunities,
impacting salary levels in these industries.

4 SMEs in the Philippines' Call Center / BPO , Food & Beverage , and Retail & Trade industries are attracting
skilled talent by offering higher median salaries compared to corporate companies. This demonstrates the
competitiveness of SMEs and their ability to remain competitive in the job market. SMEs' flexibility and
agility allow them to adapt swiftly to market changes and customer demands, attracting skilled
professionals through higher salaries as an incentive.

5 The higher median salaries offered by SMEs in specializations like Services, Sales/Marketing,
Hotel/Restaurant, and Sciences can be attributed to their competitive advantage in attracting skilled
professionals. Factors such as operating in niche markets, facing intense talent competition, and having
greater flexibility in compensation structures contribute to SMEs' ability to allocate resources towards more
competitive salaries, making them an appealing choice for professionals in specialized fields.

JobStreet Data, April 2022 – March 2023 vs April 2021 – March 2022 41
Hiring Advice: Action Plan

Action Plan #1 –
Identify Deal Breakers
Filipinos consider financial compensation and work-life balance as top deal breakers when
accepting a job – just like workers around the world. However, they care more about various
benefits, such as retirement contributions, free meals, family support services, other amenities.

Deal Breakers Philippines SEA Global

Financial compensation
(salary, bonuses) 35% 27% 21%

Work-life balance 28% 17% 19%


Retirement &
insurance benefits 27% 13% 13%

Job security 25% 14% 15%


Flexible work location
and/or work schedule 25% 12% 14%

Amount of paid time


off / holiday 24% 14% 14%

Family support solutions 21% 10% 10%

Additional benefits
(i.e. free meals, sports) 21% 9% 8%

Appreciation for your work 19% 10% 14%

Learning & career


development possibilities 17% 7% 12%

42
Hiring Advice: Action Plan

Action Plan #2 –
Identify Working Models
Filipinos are more interested in not going back to the office at all than global average (28%
would like to work fully remotely, versus 11% globally). When it comes to working time,
they are in line with global results, preferring a traditional 5-day workweek

Philippines SEA Global

11% 11%
28%

46% 27% 62% 35% 54%

26%
Preferred work
location
Hybrid model (e.g. few days at Fully on-site model Fully remote model
home office, few days at home)

Philippines SEA Global

2% 3% 2%
11% 13% 14%

Part time, 1-2 days a week


Part time, 3-4 days a week
Preferred 75% 77% 75%
Full time, 5 days a week

working hours More than full time


(e.g. working multiple jobs)

12% 8% 10%

43
Hiring Advice: Action Plan

Action Plan #3 –
Shift the Hiring Paradigm
Reach Out to Talent Proactively
With increasing competition to hire the best talent, reach out to them before your
competitors do. Contact talents with the right skillsets directly in our talent
database with Talent Search.

Focus on Employer Branding


Ad
The job market recovery is a great opportunity to improve your branding. Apart from
remuneration, values like diversity & inclusion and environmental responsibility are
crucial too. Portray your company’s values every time you hire with Branded and
Premium Ad.

44
Hiring Advice – Conclusion

Continue Your Journey


with a Reliable Partner
With the global crisis still resolving, our continuing research is part of our commitment in
providing actionable insights for employers to navigate the supply and demand of the Philippines
job market. As the region’s No. 1 career partner, we have the right tools to connect jobseekers to
jobs faster and easier. As of Q1 2023, JobStreet has:

A talent pool of 15 #1 top of mind, 1st choice among jobseekers


million, one of the usage and placement in the Philippines, most
largest in Philippines among talent. searched for career partner

Over 102.7 million


20 minutes – average
time spent per unique
page views
visitor on website

* Source: JobStreet Internal Data and Jobseeker and Employer Market Survey

45
Want to know salary trends
from other markets?
Indonesia jobstreet.co.id/en/SalaryReport2023 | Bahasa Version
Singapore jobstreet.com.sg/SalaryReport2023
Malaysia jobstreet.com.my/SalaryReport2023
Hong Kong hk.jobsdb.com/SalaryReport2023
Thailand th.jobsdb.com/th-th/SalaryReport2023

*Reports for other countries might not be ready at the time of publishing,
please refer to your account manager.

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