MANILA, PHILIPPINES
\u00a0
Albert P\u00e9rez<\/b>, Regional Director of\u00a0Michael Page Philippines<\/a><\/p>\n
\u00a0<\/b><\/p>\n
Albert
\u00a0<\/p>\n
This has steered the job movement in the digital space up 38% in Q2 from
\u00a0<\/p>\n
Similarly, job placements in technology
Hiring in the Philippines’ Financial
Source:<\/b> Michael Page Philippines’ proprietary data<\/p>\n
\n– Media OutReach<\/a> – 18 August 2021
\n– Global recruitment specialists Michael Page Philippines<\/a> witnessed the number of successful job moves rise in Q2 2021
\ncompared to Q1 with an overall 45% increase. According to job placement data
\nshared by Michael Page, growth was also observed within sectors such as Digital
\n(up 38%), Technology (up 18%) and Financial Services & Fintech (up 22%).<\/p>\n
\n
<\/p>\n![](\"https:\/\/release.media-outreach.com\/release.php\/Images\/Thumb\/500x0\/170226\/Albert-Perez.jpg#image-170226\")
<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nP\u00e9rez<\/b>,
\nRegional Director of Michael Page Philippines<\/a> observes, “With the COVID-19 pandemic, the
\nreality is that a lot of companies have to transform themselves digitally in
\nthe Philippines. This is really driving the jobs especially with a variety of
\nconsumer online services such as e-wallets, delivery, transportation and goods
\nservices.”<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nQ1. “We see a strong demand for professionals at all levels where companies
\nhave quickly adjusted to the rapidly evolving business landscape, often needing
\nto bring in external skills sets to accelerate digital upgrades,” observes Albert
\n<\/b>P\u00e9rez<\/b>.\u00a0\u00a0 <\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nhave seen an optimistic 18% increase as this demand for e-commerce capabilities and digital
\ncurrency is earmarked for further growth. According to the Michael
\nPage Philippines Talent Trends 2021 report<\/a>, this has led to an increased demand in hiring for
\nroles like mobile and web application developer. With accelerated
\ndigitalisation, the rise in cybercrimes, such as phishing and internet scams,
\nhave also increased during the pandemic. This indicates business and hiring
\nopportunities in technology specialities, such as cybersecurity. <\/p>\n
\n
<\/p>\n
\nServices sector also rose (up 22%) in Q2 2021 led by growth in the Fintech and
\ninsurance spaces. “The
\ntalent acquisition market is competitive in specialist fields, and the
\nimplementation of IFRS 17, a global standard designed to achieve a consistent,
\nprinciple-based accounting for insurance contracts by the International
\nAccounting Standards Board (IASB), has created demand for talent. The pandemic has also accelerated the digital transformation in the
\nbanking sector. Fintech capabilities have to be quickly set up to ensure
\ncustomer interactions remain effective and to assist customers with any urgent liquidity
\nneeds,” comments <\/b>Albert
\n<\/b>P\u00e9rez<\/b>.<\/p>\n