{"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":"

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

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

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

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 “the best job” for them.<\/span><\/p>

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>

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

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

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

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>

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 – an unsurprising statistic considering 43% are the sole earner for their families – and 48% said they are underpaid.<\/span><\/p>

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>

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

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>

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