• 3,000 firms
  • Independent
  • Trusted
Save up to 70% on staff

News » ‘Gloomy’ labor market to welcome Filipino fresh grads

‘Gloomy’ labor market to welcome Filipino fresh grads

‘Gloomy’ labor market to welcome Filipino fresh grads

About 1.6 million fresh college graduates in the Philippines will be greeted by a “gloomy” post-COVID-19 labor market. 

According to the job website Indeed, the average salary of Filipino freshers is only P16,509 (US$303) per month. For highly skilled new graduates, Trade Union Congress of the Philippines (TUCP) spokesman Alan A. Tanjusay said that the monthly payment is P20,000 to P25,000 (US$367 to US$459).

He said, “When disorientation occurs as a result of a mismatch between graduates’ salary expectations and the actual salary, they choose to work abroad.”

Earlier this month, the Department of Labor and Employment (DOLE) gave a P33 (US$0.61) wage hike was given to workers in Metro Manila and  P55-P100 (US$1.01 to US$1.84) increase in Western Visayas.

Tanjusay noted, “The government hasn’t said so, but the way it does things now, especially with wages, it promotes our country as a cheap labor hub…”

Read more here.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

“Excellent service for outsourcing advice and expertise for my business.”

Learn more
Banner Image
Get 3 Free Quotes Verified Outsourcing Suppliers
3,000 firms.Just 2 minutes to complete.
SAVE UP TO
70% ON STAFF COSTS
Learn more

Connect with over 3,000 outsourcing services providers.

Banner Image

Transform your business with skilled offshore talent.

  • 3,000 firms
  • Simple
  • Transparent
Banner Image