Stable wages ‘cause’ ripple effect

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Stable wages ‘cause’ ripple effect
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SALARIES across all industries and specializations in the Philippines remain largely stable this year, positively affecting consumer confidence and talent retention, among others, according to the online job portal JobStreet.In its 2023 Salary Guide report, JobStreet said 97.6 percent of industries reported steady salaries, while 1.2 percent posted increases and 1.2 percent posted decreases.

Meanwhile, technology is becoming increasingly important across all industries. It holds the highest median salary at P82,500. JobStreet said rank and file roles such as web programmer, IT support, and computer programmer display a promising future.On the other hand, accounting and finance roles experienced the highest decrease in median salary at 26.7 percent, resulting in a P8,000 drop.

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