Top Ten Industries With Better Salary Of Philippines
Oil and Gas Industry
The Philippines will likely remain a small producer of both oil and gas over our forecast period. Faster consumption growth than output increases will see the Philippines remain a net importer of crude oil and oil products, as well as joining the ranks of gas importers in the world.
managers in the Oil and Gas Industry are the most paid in this position level, with PHP 74,297
Power and utility companies globally face the triple challenge of improving environmental performance, keeping consumers’ costs down, and maintaining system reliability.
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Utilities Industry now a days paid with PHP 74,067
Industrial Machinery Industry
Based on the sectoral roadmaps submitted by industries to the Department of Trade and Industry and Board of Investments, the paper has formulated a comprehensive industrial strategy to enable manufacturing firms to upgrade, thrive and become catalysts and engines for sustained and inclusive growth. The long-term vision of the Manufacturing Industry Roadmap is to develop a globally competitive manufacturing industry supported by strong backward and forward linkages with both domestic and global supply chains. Through the implementation of the Roadmap, manufacturing contribution to the economy would account for 30% of total value-added and generate 15% of total employment.
Industrial Machinery Industry is most paid with PhP 69,063 nowadays.
For more than 20 years, Filipino Software Companies have been providing offshore and outsourced software development services all over the world. Countries like the United States, Japan, and parts of Europe have been served by computer literate, multi-talented and professional Filipinos. 2007 was the year when the software industry has boomed in the country and nearly 400 software companies were established. There are almost 21,000 software developers in the Philippines that has a skill set that ranges from the most current and widely-used technologies such as C#,VB,.NET, Ruby, C/C++, SQL, DBA Embedded Mobile and Wireless systems to legacy and mid ware languages such as COBOL and RPG/400
IT Software Industry is most paid with PhP 59,678 nowadays.
The Philippines is one of the biggest pharmaceutical markets in the ASEAN region, next only to Indonesia and Thailand. It is a lifeline to thousands of Filipino workers and a significant contributor in terms of the value of output. This industry is one of the fastest-growing industries in the country. Meanwhile, its output, drugs, and medicines, account for 46 percent of the total medical out-of-pocket expenses of Philippine households. For poorer people, this percentage goes up to 55 percent. Making essential drugs and medicines more affordable especially to the poor and underserved is one of the Millennium Development Goals (MDGs). It is therefore essential to examine the profile of the pharmaceutical industry in the country to better understand the supply chain of drugs and medicines for policy formulation purposes. Using administrative data from agencies that have regulative powers over the industry, a profile of the Philippine pharmaceutical industry was developed.
Biotechnology/Pharmaceutical Industry is most paid with PhP 57,934 nowadays.
Business Process Outsourcing or BPO
Business process outsourcing or BPO is a growing industry in the Philippines. In 2011 the Philippines was the country with the highest number of employees at call centers, with about 400,000.
The majority of the BPO facilities are located in “first-tier” cities in Metro Manila and Metro Cebu. Second- and third-tier sites are located in regional economic zones such as Bacolod City, Baguio City, Cagayan de Oro, Clark (Angeles City), Dagupan City, Davao City, Tacloban City, Dumaguete City, Lipa City, Iloilo City, Naga City, Iriga City, Iligan City, Olongapo City, and Urdaneta City.
Business Process Outsourcing or BPO Industry is most paid with PhP 57,688 nowadays.
Strong economic growth in the Philippines is driving demands on the logistics sector in the capital Manila and putting pressure on supply chain capabilities and infrastructure.
Previously perceived as the “sick man of Asia”, the Philippines has bounced back strongly in recent years – under the leadership of President Benigno Aquino – with consistently strong economic growth resulting in improvements in international ratings and rankings.
Transportation/Logistics Industry is most paid with PhP 51,685 nowadays.
From 1960 to 2000, the manufacturing share of GDP has averaged around 24.6% (Author’s calculation based on World Bank databank figures). However, from 2000 to 2009, this share went on a rapid decline, raising concern about the future of manufacturing in the Philippines. Fortunately, in the past four years, we have seen faster growth in the manufacturing sector. But what’s the impact of this renewed growth on manufacturing’s share of the economy? Is it significant enough to reverse the declining trend of the previous decade?
The new Philippine Manufacturing Roadmap crafted by the government and the various industry sectors provided a challenging and bold vision for manufacturing to reach 30% of GDP. It’s a vision that goes beyond our historical performance.
Manufacturing Industry is most paid with PhP 48,784 nowadays.
The combined premium generated by the Philippines’s life and non-life insurance sectors has continued to rise over recent years with the recorded PHP198.1 billion (US$4.5 billion) for 2013, 37.28% higher than PHP144.3 billion in 2012, according to the Insurance Commission Annual Reports and The Philippine Star.
The insurance industry posted total assets of PHP891.8 billion in 2013, at a growth rate of 18.84% from PHP750.4 billion recorded in 2012. Total investments likewise rose from PHP511.5 billion in 2012 to PHP550.8 billion in 2013, a 7.68% increase. The bulk of these investments were placed in government securities, stocks, real estate, short-term investments, and other investments permitted under the provisions of the Insurance Code.
The insurance Industry is most paid with PhP 48,758 nowadays.
Fast Moving Consumer Goods or FMCG
Fast-moving consumer goods (FMCG) or consumer packaged goods (CPG) are products that are sold quickly and at a relatively low cost. Examples include non-durable goods such as soft drinks, toiletries, over-the-counter drugs, toys, processed foods, and many other consumables. In contrast, durable goods or major appliances such as kitchen appliances are generally replaced over a period of several years.
FMCG has a short shelf life, either as a result of high consumer demand or because the product deteriorates rapidly. Some FMCGs—such as meat, fruits and vegetables, dairy products, and baked goods—are highly perishable. Other goods such as alcohol, toiletries, pre-packaged foods, soft drinks, and cleaning products have high turnover rates.
Fast Moving Consumer Goods or FMCG Industry is most paid with PhP 48,427 nowadays.