Gen Z Filipinos value training, work environment — survey
MANILA, PHILIPPINES — Employer branding agency Universum said that Gen Z Filipino job seekers favor employers who could offer training and development opportunities, a suitable work environment, and a promise of high future earnings.
With most companies resuming on-site operations, 82% of the respondents expressed interest in exploring remote work possibilities.
However, respondents also acknowledged the various challenges of remote working, including internet connection (46%), the potential impact on work-life balance (42%), and limited social connection with colleagues (42%).
Interestingly, the survey also disclosed a 25% year-on-year drop in the annual salary expectations of Gen Z Filipinos. From 2022’s PHP 495,966 annual salary expectations, Gen Z Filipinos today only expect an average of PHP374,403 (approximately US$6,671) per annum, equivalent to about PHP31,000 (around US$552) per month.
Moreover, female respondents anticipate a salary that is 10% less than their male counterparts, highlighting the continuing gender disparity in wage expectations.
Future job-seekers are seen to prioritize ethical standards, work-life balance, secure employment, and opportunities for international travel or relocation in their prospective employers.
The survey also identified a significant tilt towards private sector employers, with 54% preferring private companies over public sector enterprises.
Notably, 79% of the surveyed individuals preferred well-established organizations over startups, demonstrating a clear bias towards larger organizations.
“The findings of our latest study revealed that the country’s future workforce is attuned to the challenges faced by the Philippine labor market,” said Mike Parsons, APAC Managing Director for Universum.
Parsons added that the survey results mean that future job seekers will be more selective in their choice of employers.
The Universum Talent Survey 2023 recorded responses from over 5,000 students across 103 universities between November 2022 and March 2023.
