Wednesday, January 30, 2013

Jobstreet.PH Survey: Sales Executives to Dominate 2013



Job vacancies for sales executives continue to increase this year.

Let the commissions roll. If you are looking for sales jobs, then this year is for you. While 2012 witnessed the demand of IT professionals, 2013 is seen to be a special year for sales executives. Similar to last quarter's hiring activities, job vacancies for the said specialization will continue to be high; Companies have continued to increase the demand for sales executives even as 2013 kicked off. In a recent survey conducted by JobStreet.com, almost half of the responding employers started the year with a high requirement for sales jobs. Their workforce is expected to increase partly because of the rapid expansion of manufacturing companies, and it seems that they will not be slowing down any time soon.

But what is a sales team without the marketing department? Just like last quarter, marketing specialists will also be in demand. Although the expected hiring rate isn't as high as last time (28.9 % vs 26.5%), the difference isn't at all too big.

Engineers and accountants who are still doing their job search should be more optimistic, as this is also a good time for them. 40% of the responding employers say that have job vacancies for engineers (electrical and other engineering positions), while 25.6% are hiring accountants and finance practitioners.

With one-fourth of the Philippine workforce filled up by 25-34 year olds (according to DOLE and NSO’s database), it doesn’t come as a surprise that junior professionals are needed most by companies. 56.6% of the responding employers will be hiring employees with less than 4 years of work experience, while 24.2% have job vacancies for supervisors and specialists. Competition remains high for top management positions, such as President and CEO, since only a small sliver (1.6%) opened their hiring doors for Q1 2013.

The bulk of job vacancies may be coming from the sales department, but every segment will benefit from the expansion of multiple companies. There are also manufacturing firms that have transferred back from China, and foreign investors coming to the Philippines. With this, job search should be easier in Q1 2013. More than half of responding companies (51.7%) have planned to increase their workforce as early as the first quarter.

It is indeed a good start for jobseekers, especially those looking for sales jobs – we can see the manifestations of economic growth this early. The start of 2013 is good for the Philippine economy, and companies are hopeful that this will be sustained throughout the year.

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