{"id":8461,"date":"2023-07-28T05:44:00","date_gmt":"2023-07-28T00:14:00","guid":{"rendered":"https:\/\/www.monsterindia.com\/career-advice\/why-filipinos-are-eager-to-switch-careers-8461\/"},"modified":"2023-07-28T13:50:53","modified_gmt":"2023-07-28T08:20:53","slug":"why-filipinos-are-eager-to-switch-careers","status":"publish","type":"post","link":"https:\/\/www.foundit.com.ph\/career-advice\/why-filipinos-are-eager-to-switch-careers\/","title":{"rendered":"Why Filipinos are Eager to Switch Careers"},"content":{"rendered":"\n

<\/span><\/p>\n\n\n\n

Switching careers is becoming more common in Asia Pacific, including countries like Malaysia, Singapore, and the Philippines. <\/p>\n\n\n\n

Monster Philippines conducted a survey called #IMadetheSwitch to understand why people are changing industries. Let’s find out what the survey revealed!<\/p>\n\n\n\n

Reasons for Making the Switch<\/strong><\/h2>\n\n\n\n

Despite the fact that switching careers is seen as a bold move that requires courage, 88% of respondents in the Philippines said they would consider switching to an industry outside of their field of expertise in order to find \u201cthe best job\u201d for them.<\/span><\/p>\n\n\n\n

That said, there is still trepidation surrounding the prospect of jumping into an unfamiliar sector: 63% of Filipino professionals said they were concerned about switching career paths, even though 87% of them said they already have the skills to do so.<\/span><\/p>\n\n\n\n

The biggest motivator for those Filipinos looking to pursue a new industry is financial \u2013 54% of those looking to switch careers cited the opportunity to make more money as their biggest reasoning for considering the change. <\/span><\/p>\n\n\n\n

Meanwhile, 23% said the lack of growth in their current field<\/strong> <\/a>is why they\u2019re looking to make a change.<\/span><\/p>\n\n\n\n

<\/span><\/a><\/span><\/p>\n\n\n\n

How Experience Factors In<\/strong><\/h2>\n\n\n\n

The #IMadeTheSwitch survey found that the reasons why people are looking to switch careers change with the number of years of work experience respondents had.<\/span><\/p>\n\n\n\n

While 66% of young professionals said their reasoning was the realisation they need to widen their skill set, 58% of mid-career respondents cited the desire for a better salary \u2013 an unsurprising statistic considering 43% are the sole earner for their families \u2013 and 48% said they are underpaid.<\/span><\/p>\n\n\n\n

As for those with 15+ years of experience<\/strong><\/a>, 89% said they plan to switch career paths immediately or in the near future, with 38% saying this was because they are seeking work that is more purposeful and challenging.<\/span><\/p>\n\n\n\n

Looking to the Future<\/strong><\/h2>\n\n\n\n

For those 88% of respondents open to swapping industries, the most attractive new sectors to join were travel and tourism, education, and banking and financial services. <\/span><\/p>\n\n\n\n

Considering the boom these fields are experiencing in the Philippines, it\u2019s an opportune time to join them if you\u2019re ready to make the switch!<\/span><\/p>\n\n\n\n