As employers in the U.S. and Europe tighten their belts, the best place for Filipino IT workers right now may be home.
“All the jobs are now here… Salaries (and) packages have become very competitive. I don’t see any reason why kids should still leave the country and find work abroad,” said Gina Duminy, president of technology jobs recruitment website ITProsAsia.com.
“All the jobs are now here… Salaries (and) packages have become very competitive. I don’t see any reason why kids should still leave the country and find work abroad,” said Gina Duminy, president of technology jobs recruitment website ITProsAsia.com.
“The greener pastures they are looking for are actually here.”
The numbers back Duminy’s claim. Entry-level call center agents in the Philippines
make more than their counterparts in India, bringing home US$300
instead of $US250. According to data from CBS Interactive, an IT manager
with less than five years of experience makes an average of P270,922
per year (P22,577 a month) while a project manager gets P334,854 (P27,905 a month).
People
in other industries such as Systems Development (P282,375 per year),
Communications (P241,459 per year), Support (P197,453 per year) and
Administration (P286,143 per year) make roughly the same amount, with
figures rising incrementally according to experience.
Developing countries provide more opportunities
While salaries for Filipino employees remain a fraction of the average earnings in developed countries, there are considerations other than gross income.
Duminy says that workers who migrate to countries like the U.S. have to grapple with a higher cost of living. She adds that developing nations like the Philippines provide more opportunities for IT workers.
RJ, who works for an offshore publishing company, earns P30,000 a month in a middle management position. He asked Yahoo! to withhold his last name and the name of the company he works for. He says that he would work abroad if the opportunity presents itself. However, he says that having to pursue further training is a deterrent. “Masyadong hassle. Kailangan mo pa kasi i-upgrade yung sarili mo.”
Demand surpasses supply
Duminy
says that employers are very particular with the skills they want from
their new hires. “It’s like ordering at McDonald’s,” she says. Employers
often request specific characteristics such as proficiency in certain
tools and industry experience. This has led to a shortage of worthy
candidates.
“The demand really surpasses the supply. The available
workers are not enough to support the business,” Duminy said, adding
that Filipinos are the preferred choice compared to Indian workers
because of their adaptability to the American language and way of life.Large companies like JPMorgan Chase and AT&T have set up shop in the Philippines, and more are expected to follow. “Why look outside when they’re all here?” Duminy said.
Source: Yahoo