Philippine Economy Talk

**chronicle** · January 24th, 2018 10:33 AM

Originally Posted by jut703

Come to think of it - BPO actually pays quite well. Makes me wonder though - how come BPO has somewhat of a bad rap in the working world? When I entered the workforce a few years back, BPO was regarded as a second-rate industry.

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That is because it even out the playing field. Di graduate pero kumikita ng mas malaki compared to graduates. Nainggit yung mga pro.

Also, some employees are palengkera. Kaya nagkakaron tuloy nang impression na 2nd rate job sya.

**jut703** · January 24th, 2018 10:44 AM

Originally Posted by chronicle

That is because it even out the playing field. Di graduate pero kumikita ng mas malaki compared to graduates. Nainggit yung mga pro.

Also, some employees are palengkera. Kaya nagkakaron tuloy nang impression na 2nd rate job sya.

Mukhang yun nga bro. But that's the reality - the job market is also subject to the laws of supply and demand. Heck, PBA players earn more than many doctors, engineers, lawyers but obviously the latter have more crucial jobs. Just that the PBA brings in more money which in turn allows them to give higher wages to a small pool of (relatively elite) ballers. That's just the way it is.

Although when I was job-hunting, the starting pay of BPOs still didn't compare to the starting pay of most traditional job offers I got.

Maybe compared to nurses and teachers, yes mas mataas talaga BPO - but again that's a function of demand. You can always argue that nurses and teachers have more fulfilling roles in building the society, but at the end of the day people have families to feed and if their meager job can't give them the resources then there's nothing wrong with going for more lucrative pastures in the BPO industry.

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**CVT** · January 24th, 2018 10:49 AM

Originally Posted by dreamur

Entry level employees are getting somewhere between P20K to P25K/month. Top executives have minimum salary of P300K (excluding bonuses).

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Isa sa mga benchmarks ng mga global shared services companies ang mga BPOs for salaries and benefits....

**uls** · January 24th, 2018 10:54 AM

Originally Posted by CVT

From what I understand, mukhang more local money ang nasa loob ng stock market, bro.

Sir,

Jan. 22 ito...

there's local money but local money is not enough to move local stocks like that

**CVT** · January 24th, 2018 10:56 AM

Originally Posted by uls

Sir,

Jan. 22 ito...

there's local money but local money is not enough to move local stocks like that

Noted and thanks bro.

Huli pala ako sa balita...

**uls** · January 24th, 2018 11:02 AM

the weak dollar is driving foreign money into emerging markets

kaya madami pera pumapasok sa PSE

**chronicle** · January 24th, 2018 11:19 AM

Originally Posted by jut703

Mukhang yun nga bro. But that's the reality - the job market is also subject to the laws of supply and demand. Heck, PBA players earn more than many doctors, engineers, lawyers but obviously the latter have more crucial jobs. Just that the PBA brings in more money which in turn allows them to give higher wages to a small pool of (relatively elite) ballers. That's just the way it is.

Although when I was job-hunting, the starting pay of BPOs still didn't compare to the starting pay of most traditional job offers I got.

Maybe compared to nurses and teachers, yes mas mataas talaga BPO - but again that's a function of demand. You can always argue that nurses and teachers have more fulfilling roles in building the society, but at the end of the day people have families to feed and if their meager job can't give them the resources then there's nothing wrong with going for more lucrative pastures in the BPO industry.

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Add to that the filipino oldies are very traditional and sometimes racist when it comes to jobs. some cant adjust to the current trends.

**dreamur** · January 24th, 2018 11:28 AM

Originally Posted by jut703

Come to think of it - BPO actually pays quite well. Makes me wonder though - how come BPO has somewhat of a bad rap in the working world? When I entered the workforce a few years back, BPO was regarded as a second-rate industry.

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I think it has to do with the culture. The night shift duty forces the employees to re-program their body clock to stay awake at night. This is causing health issues in the long run. They virtually do not have the luxury to go night out or enjoy the weekends or holidays as they are required to support 24x7, so they resort to booze and smoke (and drugs). Of course the pay and the sign-on bonus make it bearable.

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**dreamur** · January 24th, 2018 11:34 AM

Originally Posted by CVT

Isa sa mga benchmarks ng mga global shared services companies ang mga BPOs for salaries and benefits....

Tama bro. BPO, SSC, GBP, etc. belong to the same industry when comp-ben is considered. Some bigger BPOs have better package than SSCs but are less stable and attrition is quite high.

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**dreamur** · January 24th, 2018 11:40 AM

Originally Posted by chronicle

Add to that the filipino oldies are very traditional and sometimes racist when it comes to jobs. some cant adjust to the current trends.

My daughter's first job was in the BPO sector supporting the Uber operations. For almost 2 years we seldom see each other as she spent her free time sleeping. She could not join us for weekend mall trips, church visits and vacations as she had to work on weekends and holidays. Rest days were mid-week which she spent sleeping. It was very unhealthy so we finally convinced her to leave the company and look for a day job. Now she is contented with her new day job plus she rides free with the shopping.

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