For many migrants, working in the Philippines is a progressively appealing idea. In particular, the country has a lot to promise economically and draws more and more attention from international investors. Consequently, they consider working in the Philippines an opportunity to settle in the region. In order to contend with other Asian countries and the rest of the world, the local government is attempting to introduce modifications. Specifically, the local government continues to boost the growth of the highest paying jobs in the Philippines to attract international workers.
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In recent years, the Philippines’ GDP has increased by about 6 percent due to increasing consumer demand and a recovery in exports and investment. Thus, the economy survived the 2008 and 2009 recessions in better shape than most and is now seeing strong growth. For starters, the secondary and service sectors have been the key drivers of the recent economic upswing. Primarily, funds from the manufacturing and construction industries were the reasons behind its success.
Considering everything, the Philippines hires approximately 41 million people and more than 21 million of them are working in the service sector. Agriculture and the production industries, which employ 29% and 16% of the labor force respectively, are other significant sectors for expats employed in the Philippines. Exceptionally, conditions are good with a 6.3 percent unemployment rate.
In conclusion, this makes the Philippines one of the countries in the world that you should consider working abroad. With the various highest paying jobs in the Philippines available, you will have no trouble finding the job of your dreams. Then, let’s start checking out what are the highest paying jobs in the Philippines that you should consider applying for.
Why Work in the Philippines
In terms of people, the Philippines is one of the best places to work and live. In particular, Filipinos are people who are colorful, hospitable, and amiable. Also, Filipinos get along very quickly. That’s why people in the Philippines from all over the world keep coming back, let alone settling in. Most importantly, Filipinos love them. The former Miss Universe, Dayanara Torres, is one of them. And there are several more singers, celebrities, and musicians too. On top of that, there are smiles in all locations, and greetings too.
Besides, food is a convincing excuse to go to work for a lunch break. Filipino cuisine is globally popular. It is another explanation why people remain in the Philippines, beginning with the hackneyed Adobo to the mouth-watering Sinigang, which will definitely please your palate. Particularly, people also love the climate, especially in summer. As a result, people fill the resorts and beaches in the Philippines to feel the touch of the sun.
Furthermore, one of the best countries for working remotely is the Philippines. The explanation is that, relative to western countries, the cost of living is very low here. Exceptionally, it’s very cheap to eat out and so are other costs from day to day. Also, people here are helpful. What’s more, it is easy to find a place where you can work quietly. Since English is the official language of the Philippines, most people can communicate with you effectively and your job is much easier. In the Philippines, there are many great places that provide amazing remote working opportunities.
Altogether, doesn’t it sound fun to work in the Philippines? Therefore, make your decision now and apply for one of the following highest paying jobs in the Philippines.
Highest Paying Jobs in the Philippines
Finance Sector
There are some of the highest paying jobs in the Philippines in the finance sector that you should consider, including:
1. Securities, Finance Dealers, and Brokers
Workers in this unit group do:
- Buy and sell securities, stocks, bonds and financial instruments,
- Deal on the foreign exchange on spot or on future markets, on behalf of their own company or for customers on a commission basis, and
- Recommend transactions to clients or senior management.
That being said, salaries of workers belonging to this group range from ₱89,831 – ₱350,000.
2. Actuaries
Actuaries work in finance to evaluate, manage, and give advice on risk. Using their knowledge of businesses and financial markets, they use statistics and probability to provide financial advice and predict future trends. Actuaries work in various areas of finance, including banking, investment, and pensions. It’s one of the best-paying jobs in the Philippines thanks to the demand for skilled professionals.
That being said, salaries of actuaries range from ₱60,477 – ₱364,503. To be an actuary, you’ll want to start with a bachelor’s degree in either accountancy or mathematics.
3. Accountants and Auditors
Accountants perform financial calculations including sales and cash flow reports, payroll, balance sheets, billing activities, budgets and inventory. Additionally, they may also be responsible for filing taxes, as well as reviewing past reports to generate income forecasts.
That being said, the salaries of accountants and editors range from ₱47,756 – ₱300,666. To be an accountant or auditor, you’ll want to start with a bachelor’s degree in either accountancy or management accounting.
Engineering Sector
There are some of the highest paying jobs in the Philippines in the engineering sector that you should consider, including:
1. Civil Engineers
Civil engineers design, plan, and/or manage construction projects. Their job ranges from small-scale projects, such as building or bridge repairs, to very large-scale, such as building large stadiums. Specifically, civil engineers may work in many sectors, such as structural, environmental, and transportation.
That being said, salaries of civil engineers range from ₱68,957 – ₱256,815. To be a civil engineer, you’ll want to start with a bachelor’s degree in civil engineering.
2. Computer Engineers
A computer engineer, also called a software engineer, is responsible for developing, testing and evaluating the software that make computers work. They may help in the development of new computer games and business applications. Furthermore, they even help in the design of entirely new operating systems. Also, a computer engineer may be responsible for constructing and managing an organization’s computer system and supplying technical support.
That being said, the average salaries of computer engineers are ₱49,335. To be a computer engineer, you’ll want to start with a bachelor’s degree in computer engineering.
3. Aircraft Pilots, Navigators, and Flight Engineers
Workers in this unit group control the operation of mechanical, electrical, and electronic equipment in order to navigate aircraft for transporting passengers, mail, and freight and perform pre-flight and in-flight tasks. Altogether, the average salaries of aircraft pilots, navigators, and flight engineers are ₱116,714. These make one of the highest paying jobs in the world. To be an aircraft pilot, navigator, or flight engineer, you’ll want to start with a bachelor’s degree either in aeronautics, aeronautical engineering, air transportation, or aircraft maintenance technology.
4. Production Supervisors & Foremen
Workers in this group supervise the production activities of a distinct unit concerned with extracting, processing, fabricating or construction work. They coordinate and supervise the activities of workers engaged in various occupations in this unit, including the activities of subordinates, supervisors, and foremen.
Altogether, the average salaries of production supervisors and foremen are ₱47,101. To be a production supervisor and foreman, you’ll want to start with a bachelor’s degree in industrial engineering.
Information and Technology (IT) Sector
There are some of the highest paying jobs in the Philippines in the IT sector that you should consider, including:
1. Computer Programmers
Computer programmers code or write computer software. Besides, they write, design, debug, troubleshoot, and maintain source code related to various computer programs. As a result, the end-users can use the programs effortlessly. Also, they may also customize computer programs that were purchased from vendors.
That being said, the average salaries of computer programmers are ₱52,331. To be a computer programmer, you’ll want to start with a bachelor’s degree either in computer science or information technology.
2. System Analysts and Designers
Knowledgeable in programming languages, operating systems, and hardware, Systems Analysts think outside the box to find effective solutions for businesses and other clients. They work with a variety of people and analyze costs and other important aspects of technology services. Not only will they find the best system, but also the best system that fits what the user wants and is able to work with.
Altogether, the average salaries of system analysts and designers are ₱51,069. To be a system analyst or designer, you’ll want to start with a bachelor’s degree either in computer science or information technology.
Other Sector
Statisticians
Statisticians assist in planning the collection, processing, and presentation of mathematical, statistical, or actuarial data. All in all, the average salaries of statisticians are ₱41,480. To be a statistician, you’ll want to start with a bachelor’s degree in statistics.
Applying for the Highest Paying Jobs in the Philippines
If you want to work in the Philippines, you’ll need to receive an AEP from the Department of Label and Employment. There, they’ll decide if you can work because, during the time of application, there is no Filipino person who is capable, willing, or able. In particular, this is valid for one year only. As per experience, with your papers and application, the company will assist you. Also, DOLE staff will interview you afterward.
For other requirements, it’s the same as how you would apply for a job in general. Firstly, prepare your latest CV. Then, make sure that you are always ready to attend an interview with the company of your destination. So, are you ready to move and work in the Philippines as soon as possible?