BPO industry’s online hiring saw stagnant growth

BPO industry’s online hiring saw stagnant growth

The latest Monster Employment Index (MEI) for the Philippines revealed that online hiring by business process outsourcing (BPO) saw 0% year-on-year growth. According to the report, from August 2017 to August 2018 retail and healthcare were the two industries that saw the highest growth in online recruitment activity at 40% and 33%, respectively. Despite the stagnation in online hiring by BPOs, the country saw an overall online hiring growth of 18% year-on-year. The latest report showed that job seekers should look beyond BPO and IT-enabled services when looking for jobs online. During the past few years, the industry dominated the market in terms of online job hiring. The MEI is a monthly gauge of online job posting activity culled from across the Philippines of a large representative selection of career websites and online job listings.

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