Online hiring of IT, BPO execs fall in the Philippines

The Monster Employer Index’s November data showed that online recruitment of information technology (IT) and business process outsourcing (BPO) executives fell 38% in the Philippines, with the country’s overall online hiring activities falling 22% in the month. According to the Monster Employer Index, which looks at hiring opportunities in three ASEAN markets – Philippines, Singapore, and Malaysia – the Philippines’ sluggish economy triggered a slowdown in online hiring. However, the Philippines was not the worst performer in terms of online recruitment for IT and BPO executives. Monster said Malaysia’s online hiring dipped 60% in November while Singapore saw a decline of 14%.