Monster Employment Index Philippines declines 31 Percent, on-the-year April 2015 Index Highlights: • • • Monster Employment Index Philippines plummets 31 percent between April 2014 and 2015. BPO/ITES witnesses the least of all declines among industry groups; whereas, Production/Manufacturing, Automotive and Ancillary declines the most from the year ago level Year-on-year, Marketing & Communications professionals witnessed highest demand of all occupation group The Monster Employment Index Philippines is a monthly gauge of online job posting activity based on a real-time review of millions of employer job opportunities culled from a large representative selection of career Web sites and online job listings across Philippines. The Index does not reflect the trend of any one advertiser or source, but is an aggregate measure of the change in job listings across the industry. “The Monster Employment Index Philippines has registered a decline of 31% in the past year, with the BPO/ITES industry showing the most amount of promise. The Philippines’ economy has recently emerged as a global hub for BPO, currently employing over one million people,” said Sanjay Modi, Managing Director, Monster.com (India, Middle East, Southeast Asia and Hong Kong). “As production and manufacturing jobs continue their steady decline, it is important for the country to focus on high growth industries to continue to create jobs and encourage growth. The recent approval of the Information Technology-Business Process Outsourcing (IT-BPO) Roadmap 2016 initiative is a step in the right direction and incredible vital for the country’s prospects. “Additionally, the Philippines banking sector is expected to deepen its ties with its ASEAN counterparts, so as to strengthen its own financial institutions. This should see a boost in Finance & Accounting jobs in the future.” Page 2 of 6 Monster Employment Index Philippines results for the past 15 months are as follows: Feb 14 Mar 14 Apr 14 May 14 Jun 14 Jul 14 Aug 14 Sep 14 Oct 14 Nov 14 Dec 14 Jan 15 Feb 15 Mar 15 Apr 15 Y-o-Y 91 100 98 110 92 101 109 110 110 113 88 84 96 85 68 -31% Industry Year-over-year Trends: Monster Employment Index registered decline in online recruitment activity in all the 12 monitored industry sectors. • BPO/ ITES (down two percent) registered marginal year-on-year decline this month, following previous two months of positive growth. The sector saw the least negative annual growth among all industry sectors. • Consumer Goods/ FMCG, Food & Packaged Food, Home Appliance, Garments/ Textiles/ Leather, Gems & Jewellery (down six percent) saw a decline in online recruitment activity this month. Six-month growth recorded progressive decline for the past four month; this month being the steepest decline in a series since August 2014. • IT, Telecom/ISP (down 14 percent) exhibited negative annual growth this month. The pace of growth also slowed down between March and April 2015. Six month growth also saw decline in online recruitment activity for the second time in a series this month. • E-recruitment in BFSI (down 17 percent) charted negative year-on-year growth, the steepest since February 2015. Nonetheless, three-month growth had been consistently registering positive growth for the past three month. • Online recruitment activity in Retail (down 23 percent) saw a steep on-the-year decline this month from negative three percent annual dip last month. The sector also saw steep month-on-month, threemonth and half-yearly growth. • Production/Manufacturing, Automotive and Ancillary (down 51 percent) sector witnessed the steepest decline for the third time in a row since February 2015. Top Growth Industries Lowest Growth Industries Year-over-year Growth Apr 14 Apr 15 % Growth Y-O-Y Year-over-year Growth Apr 14 Apr 15 % Growth Y-O-Y BPO/ITES 91 89 Consumer Goods/ FMCG, Food & Packaged Food , Home Appliance, Garments/ Textiles/ Leather, Gems & Jewellery -2% Health Care 103 65 -37% 87 82 -6% Hospitality 102 63 -38% IT, Telecom/ISP 99 85 -14% Engineering, Construction and Real Estate 105 62 -41% BFSI 108 90 -17% 95 54 -43% Education 105 86 -18% 104 51 -51% Advertising, Market Research, Public Relations, Media and Entertainment Production/Manufacturing, Automotive and Ancillary 2 Page 3 of 6 Occupation Year-over-year Trends: One of the 10 occupation groups monitored by the Index exhibited positive annual growth • Marketing & Communications (up six percent) continue to lead online demand for professionals for the second time in a series. Three-month growth showed marginal decline of two percent this month between January and April 2015 as against a drop of 13 percent last month between December 2014 and March 2015. • Customer Service (down five percent) professionals saw a dip in online demand, year-on-year. Annual growth registered since February 2015 has been continually decelerating; February registered 12 percent growth whereas March registered negative one percent decline. • Online annual demand for Sales & Business Development professionals further declined to 13 percent in the current month as against dip of six percent last month, on-the-year. Half-yearly growth exhibits the steepest decline this month since August 2014. • Online opportunities available to Software, Hardware, Telecom (down 14 percent) professionals exhibited a declined pace of growth following past two month of positive growth, from the year-ago level. Six month growth exhibited the steepest decline in a series since August 2014. • Engineering/Production, Real Estate (down 44 percent) saw the steepest decline among occupation groups and also lowest growth since February 2015. Top Growth Occupations Lowest Growth Occupations Year-over-year Growth Apr 14 Apr 15 % Growth Y-O-Y Year-over-year Growth Apr 14 Apr 15 % Growth Y-O-Y Marketing & Communications 86 91 6% Software, Hardware, Telecom 97 83 -14% Customer Service 92 87 -5% HR & Admin 104 76 -27% Purchase/ Logistics/ Supply Chain 84 77 -8% Health Care 101 69 -32% Finance & Accounts 103 94 -9% Hospitality & Travel 94 63 -33% Sales & Business Development 95 83 -13% Engineering /Production, Real Estate 106 59 -44% COUNTRY-WISE TRENDS Singapore Highlights • • • Monster Employment Index Singapore saw eight percent decline from a year ago level. Education registers the most notable annual growth whereas, Consumer Goods/ FMCG, Food & Packaged Food , Home Appliance, Garments/ Textiles/ Leather, Gems & Jewellery records the steepest year-on-year decline among Industry sector. Among occupation group, Software, Hardware, Telecom professionals witness the steepest growth in demand from the year ago level. 3 Page 4 of 6 Singapore Top Growth Industries Singapore Lowest Growth Industries Apr 14 Apr 15 % Growth Y-o-Y Education 85 97 IT, Telecom/ISP and BPO/ITES 105 Health Care 107 Year-over-year Growth Year-over-year Growth Apr 14 Apr 15 % Growth Y-o-Y 14% Production/Manufacturing, Automotive and Ancillary 104 93 -11% 109 4% Government/ PSU/ Defence 91 81 -11% 107 0% Consumer Goods/ FMCG, Food & Packaged Food , Home Appliance, Garments/ Textiles/ Leather, Gems & Jewellery 105 88 -16% Singapore Lowest Growth Occupations Singapore Top Growth Occupations Apr 14 Apr 15 % Growth Y-o-Y Software, Hardware, Telecom 90 103 Real Estate 112 Legal 105 Year-over-year Growth Year-over-year Growth Apr 14 Apr 15 % Growth Y-o-Y 14% Marketing & Communications 92 83 -10% 107 -4% Engineering /Production 105 94 -10% 100 -5% Purchase/ Logistics/ Supply Chain 109 97 -11% Malaysia Highlights • Monster Employment Index Malaysia charts negative annual growth of 23 percent between April 2014 and 2015. • BFSI registers the most notable growth; whereas Advertising, Market Research, Public Relations, Media and Entertainment exhibits the most notable decline of all industry sectors • Among occupation groups Finance & Accounts professionals saw the least of all decline, from a year ago level Malaysia Top Growth Industries Malaysia Lowest Growth Industries Year-over-year Growth Apr 14 Apr 15 % Growth Y-o-Y Year-over-year Growth Apr 14 Apr 15 % Growth Y-o-Y BFSI 108 121 Logistic, Courier/ Freight/ Transportation, Shipping/ Marine 12% IT, Telecom/ISP and BPO/ITES 106 88 -17% 104 114 10% Hospitality 111 91 -18% Engineering, Construction and Real Estate 113 106 -6% Advertising, Market Research, Public Relations, Media and Entertainment 113 83 -27% Malaysia Top Growth Occupations Malaysia Lowest Growth Occupations Year-over-year Growth Apr 14 Apr 15 % Growth Y-o-Y 0% Software, Hardware, Telecom 111 88 -21% 109 -3% Customer Service 106 84 -21% 95 -14% HR & Admin 116 89 -23% Apr 14 Apr 15 % Growth Y-o-Y Hospitality & Travel 87 87 Finance & Accounts 112 Sales & Business Development 111 Year-over-year Growth 4 Page 5 of 6 By Industry 2014 BPO/ITES 2015 Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr 91 100 92 94 108 111 115 116 99 96 100 97 89 IT, Telecom/ISP 99 100 88 91 98 106 116 120 101 98 112 104 85 BFSI Engineering, Construction and Real Estate Consumer Goods/ FMCG, Food & Packaged Food , Home Appliance, Garments/ Textiles/ Leather, Gems & Jewellery Production/Manufacturing, Automotive and Ancillary Retail 108 118 101 106 104 106 95 93 82 86 101 102 90 105 114 101 109 107 102 95 101 89 76 76 73 62 87 90 101 101 111 112 108 114 104 96 91 87 82 104 110 95 98 107 107 99 100 87 76 70 62 51 90 112 85 95 96 106 109 114 89 92 122 196 69 Hospitality 102 116 105 101 106 104 97 111 91 78 91 78 63 Education 105 114 104 95 96 97 115 102 84 84 102 80 86 Health Care Logistic, Courier/ Freight/ Transportation, Import/Export, Shipping Advertising, Market Research, Public Relations, Media and Entertainment 103 105 96 99 113 110 110 108 92 78 78 73 65 92 101 89 102 115 107 111 111 89 98 124 81 63 95 90 105 114 94 109 108 114 102 99 112 66 54 By Occupation 2014 2015 Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr Software, Hardware, Telecom 97 112 85 93 100 101 115 118 94 93 108 107 83 Finance & Accounts Sales & Business Development Customer Service 103 111 92 103 106 113 104 101 80 85 105 113 94 95 106 86 96 104 112 112 112 89 89 108 102 83 92 103 92 91 106 111 116 116 98 94 100 94 87 Marketing & Communications 86 95 107 116 109 107 106 110 93 93 109 105 91 HR & Admin Engineering /Production, Real Estate Hospitality & Travel 104 114 83 101 105 105 110 106 87 94 128 100 76 106 112 99 106 108 104 97 102 88 75 73 67 59 94 106 94 91 108 105 103 121 99 81 80 73 63 Health Care Purchase/ Logistics/ Supply Chain 101 101 95 100 114 111 111 110 92 81 83 77 69 84 95 95 104 112 109 111 114 99 95 112 94 77 5 Page 6 of 6 About the Monster Employment Index Launched in May 2014 with data collected since January 2011, the Monster Employment Index is a broad and comprehensive monthly analysis of online job posting activity in Philippines conducted by Monster India. Based on a real-time review of millions of employer job opportunities culled from a large, representative selection of online career outlets, including Monster Philippines, the Monster Employment Index presents a snapshot of employer online recruitment activity nationwide. Monster has taken due care in compiling and processing the data available from various sources for Monster Employment Index, but does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or action / decision taken or for the results obtained from the use of such information. About Monster Worldwide Monster Worldwide, Inc. (NYSE: MWW), parent company of Monster, the premier global online employment solution for more than a decade, strives to inspire people to improve their lives. With a local presence in key markets in North America, Europe, and Asia, Monster works for everyone by connecting employers with quality job seekers at all levels and by providing personalized career advice to consumers globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to advertisers. Monster Worldwide is a member of the S&P 500 index. To learn more about Monster's industry-leading products and services, visit www.monster.com. More information about Monster Worldwide is available at http://about-monster.com/ For further queries please reach: Priyanka Sharma Kaintura Head – PR (India, Middle East, Southeast Asia) Monster.com Priyanka.Sharma@monsterindia.com 6
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