Survey lists better-paying industries for executives

Do you have the better salary? Will you apply for a job that does not offer a better salary? According to a recent study conducted for JobStreet.com, 67 percent of the survey respondents across the country say that “a good/high paying salary makes them want to apply for a job.”

JobStreet.com has introduced a new feature called “Salary Matching,” where prospective workers can now see which jobs, companies and industries give better pay. All companies posting through JobStreet.com are encouraged to include the salary offer on their job ads, making the salary information visible to those applying.

In a bid to further help candidates and employees gauge if they are getting the better salary, JobStreet.com has published a list of the top 10 industries that pay a better salary.

Are you one of the highest paid managers in the Philippines? Managers in the oil and gas industry are the most paid in this position level with P74,297 a month. They are followed by managers in the utilities industry (P74,067) and industrial machinery industry (P69,063). Managers in the IT software (P59,768), biotechnology/pharmaceutical (P57,934), and BPO (P57,688) industries comprise the 4th, 5th, and 6th spots, respectively.

Next on the list are the transportation and logistics managers (P51,685), those in the manufacturing industry (P48,784) and the insurance industry (P48,427). Finally, the fast-moving consumer goods or FMCG sector completes the top 10 industries with better salaries for the managerial position level with P48,427.

Supervisors from the utilities industry are top in this category with P50,411. NGO supervisors get P43,165 while the average monthly salary of those working in the IT software industry is P34,679. These are followed by BPO (P33,691), FMCG (P30,751), telecommunications (P29,041), banking and finance (P28,779), advertising (P28,328), oil and gas (P27,055) and hotel (P26,952).

With an average salary of P25,697, junior executives (with one to four years of experience) working for NGOs are the highest paid, followed by those from the utilities industry who get P24,400 and the IT software industry with P23,671. These are followed by junior executives in the BPO (P21,590), IT hardware (P20,721), FMCG (P20,131), oil and gas (P19,848), banking and finance (P19,135), mining (P18,893) and media (P18,853).

The list of jobs with the better salaries has been determined through the identification of the average salary of all industries per position level, based on actual salaries posted by employers on JobStreet.com.ph from Sept. 1 to Nov. 30, 2013. Basic salaries used did not include other forms of compensation such as leave credits, medical benefits, insurance and incentives.