The Philippines Consistently Charts

Double-Digit Online Hiring Growth in Q4

● Overall sentiment for online hiring demand experienced an increase in Q4, with 15% year-on-
year demand growth for both October and November, and 14% for the month of December.

● The IT, Telecom/ISP sector led e-recruitment activity growth among all industry sectors, up by
28% year-on-year between December 2018 and 2019.

● Other industries with strong e-recruitment demand growth during the final quarter of the year
included BFSI and BPO/ITES.

● When looking at occupations, HR & Admin professionals came out on top with a record high of
32% year-on-year in the month of December.

MANILA, 29 JANUARY 2020 - E-hiring sentiment in the Philippines experienced a bump in Q4,
in line with the uptick in overall economic growth. Charting strong growth numbers of 15%, 15%
and 14% year-on-year for October, November and December, respectively, the online
recruitment sector performed better this quarter as compared to Q3.

Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec y-o-y y-o-y y-o-y
18 18 18 19 19 19 19 19 19 19 19 19 19 19 19 Oct Nov Dec

124 123 119 123 130 132 125 132 132 129 128 131 142 142 136 15% 15% 14%

“The upward trajectory of online hiring growth in the Philippines is a reflection of last quarter’s
economic recovery and is likely to accelerate even further given the current landscape.
Consumer spending is expected to rise, driven by robust infrastructural developments, easing
monetary conditions and a growing tourism sector, and this will help the economy maintain
resilience,” said Krish Seshadri, CEO of Monster.com – APAC and Middle East.
 “This is a good time for businesses and employers to start thinking ahead and take steps to
future-proof their workforce, so that they are prepared to compete with the expected future
demand and maintain their relevance in the global landscape.”

IT, Telecom/ISP led growth in e-recruitment activity among industry sectors, up by 28% year-
on-year between December 2018 and 2019 – its steepest annual growth in 2019. The sector
performed well in the short-term as well, up by 4% month-on-month and 9% over a three-month
period.

Not far behind was the BFSI sector, which also continued to chart strong double-digit numbers
and recorded its most notable growth of 27% year-on-year for the month of December 2019.
The BPO/ITES sector has been one with a long-term growth momentum in the Philippines and
maintained that in Q4, rising marginally from 17% annual growth in November to 19% in
December.

The MEI is a gauge of online job posting activity compiled monthly by Monster.com. It records
the industries and occupations that show the highest and lowest growth in local recruitment
activity.

When looking at specific job roles, HR & Admin professionals continued to lead annual growth
in online demand among occupation groups with an impressive 36% year-on-year increase for
October, which then dipped slightly to 35% and 32% in November and December respectively.

Finance & Accounts talent experienced surging demand during the quarter and continued to
chart double-digit annual growth numbers of 26% in both October and November, and 24% in
December. Software, Hardware and Telecom professionals also experienced notable growth
in Q4, with December witnessing the highest rise in demand for the occupation in 2019.

The Monster Employment Index is a monthly gauge of online job posting activity, based on a
real-time review of millions of employer job opportunities culled from a large representative
selection of career websites and online job listings across the Philippines. The Index does not
reflect the trend of any one advertiser or source but is an aggregate measure of the change in
job listings across the industry.

By Industry
2019
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
BPO/ITES 138 140 140 137 137 141 141 148 151 163 167 166
IT, Telecom/ISP 138 148 149 143 153 153 155 155 158 167 167 173
BFSI 157 166 170 164 173 170 172 172 177 190 190 188
Engineering, Construction
89 92 92 88 92 91 89 88 90 92 92 89
and Real Estate
Consumer Goods/ FMCG,
Food & Packaged Food ,
Home Appliance,
110 112 117 111 120 119 114 114 119 127 132 125
Garments/ Textiles/
Leather, Gems &
Jewellery
Production/
Manufacturing, 103 106 108 107 112 113 110 107 109 114 115 121
Automotive and Ancillary
Retail 195 204 205 192 197 195 199 189 198 207 207 192
Hospitality 138 141 143 139 142 136 137 134 132 134 140 147
Education 90 104 118 114 124 148 127 129 115 124 104 94
Health Care 126 136 137 123 138 136 132 128 129 140 133 136
Logistic, Courier/ Freight/
Transportation, 169 180 191 174 184 178 174 164 168 177 177 159
Import/Export, Shipping
Advertising, Market
Research, Public
132 143 148 140 148 151 153 147 151 162 160 151
Relations, Media and
Entertainment

By Occupation

2019
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Software, Hardware,
148 159 159 151 160 156 159 156 160 173 174 174
Telecom
Finance & Accounts 162 178 183 173 188 183 181 178 181 199 195 183
Sales & Business
138 143 143 135 137 135 137 131 136 141 142 132
Development
Customer Service 136 138 137 132 131 135 134 141 144 158 163 161
Marketing &
139 152 158 149 158 160 159 151 155 167 164 150
Communications
HR & Admin 134 148 159 149 160 162 158 160 161 178 173 162
Engineering /Production,
90 92 93 89 93 92 90 89 90 92 92 89
Real Estate
Hospitality & Travel 100 102 104 98 106 103 99 97 99 105 109 105
Health Care 118 128 128 115 128 126 121 117 117 128 120 121
Purchase/ Logistics/ Supply
161 174 186 166 177 170 165 153 158 169 168 141
Chain

-- ENDS -

About the Monster Employment Index

The Monster Employment Index is a broad and comprehensive monthly analysis of online job
posting activity conducted by Monster India. Based on a real-time review of millions of employer
job opportunities culled from a large, representative selection of online career outlets, the
Monster Employment Index presents a snapshot of employer online recruitment activity locally.
Monster has taken due care in compiling and processing the data available from various
sources for Monster Employment Index, but does not guarantee the accuracy, adequacy or
completeness of any information and is not responsible for any errors or omissions or action /
decision taken or for the results obtained from the use of such information. Monster
Employment Index was first launched in India in May 2010 with data collected since October
2009 followed by Gulf in April 2011 with data collected since October 2010; Singapore in May
2014 with data collected since January 2011; Philippines and Malaysia in May 2015 with data
collected since February 2014.

About Monster APAC & Middle East

Monster has been a leading online career and recruitment resource for more than 20 years.
With its cutting-edge technology, it provides relevant profiles to employers and relevant jobs to
jobseekers across industry verticals, experience levels and geographies. Monster today has
more than 200 million people registered on the Monster Worldwide network, and with operations
in more than 40 countries, provides the widest and most sophisticated job seeking, career
management, recruitment and talent management capabilities.

Monster continues its pioneering work of transforming the recruiting industry with advanced
technology using intelligent digital, social and mobile solutions, and a vast array of products and
services.

To learn more about Monster in APAC & Middle East, visit: www.monsterindia.com |
www.monstergulf.com | www.monster.com.sg | www.monster.com.my | www.monster.com.ph |
www.monster.com.hk

For further queries, please contact:

Vandita Sheoran
Head Communications & Content (APAC & Middle East)
Vandita.Sheoran@monsterindia.com

Rhea Arora
Mutant Communications
Rhea@mutant.com.sg
(+65) 8313 4262