Majority of Filipino workers would switch careers for better salary, stability: survey

ABS-CBN News

<p>MANILA - More than half of Filipino workers would switch careers for better pay and financial stability, a recent survey conducted by a recruitment company revealed.</p><p>The survey, commissioned by recruitment firm Monster.com, showed that the desire to earn higher salaries and explore other options is the main reason why Filipino workers switch career paths.</p><p>A total of 82% of workers were looking for new jobs within their field of expertise, while 88% were also considering switching to another industry.</p><p>The biggest reasons for the career switch were better salary and financial stability (54%), followed by lack of growth opportunities in their current field (23%).</p><p>In the Philippines, the most desirable industry for young Filipinos to switch to was travel and tourism (10%), followed by education (9%), and banking/financial services/insurance (8%).</p><p>The survey also showed that 46% of Filipinos believe that those who make a career shift are &quot;brave&quot; for doing so.</p><figure class="op-interactive"><iframe height="315" src="https://www.youtube.com/embed/xX7kKtmXtRs?enablejsapi=1" width="560"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div><p>Monster.com surveyed over 2,400 professionals across Malaysia (799), the Philippines (1264) and Singapore (410) to identify challenges and perceptions when it comes to switching careers and industries.</p><p>The responses are part of the company&#x27;s #IMadeTheSwitch campaign, which aims not only to identify employees&#x27; reasons for switching to a new job, but also to raise awareness on issues around career transitioning in Southeast Asia.</p><div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2018/news/10/30/20181030-work-survey.jpg?ext=.jpg"/></figure></div>

<p>In the Philippines, the most desirable industry for young Filipinos to switch to was travel and tourism (10%). </p>

In the Philippines, the most desirable industry for young Filipinos to switch to was travel and tourism (10%).

Majority of Filipino workers would switch careers for better salary, stability: survey | ABS-CBN

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Majority of Filipino workers would switch careers for better salary, stability: survey

Majority of Filipino workers would switch careers for better salary, stability: survey

ABS-CBN News

Published Oct 30, 2018 09:18 PM PHT

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Philippines

employment

career switch

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financial stability

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IMadeTheSwitch

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