It is without a doubt that everything is gearing towards the digital side as various businesses and corporations either begin or expand their digital journey through the adoption of emerging technologies such as artificial intelligence and blockchain to innovate their operations and services.
Even the human resourcing process of major enterprises have transitioned from the old school system of finding recruits via print ads to the more convenient and faster online talent search.
Indeed, online platforms are proliferating and offer applicants a more secure and quicker way to look for a job as these websites or Internet enabled applications collate several career offers from different companies and classify according to a specific field of expertise.
In addition, a majority of these job hunting sites provide a tailored-fit service to the applicants by suggesting a specific and compatible field of work based on the person’s skill set as manifested in the assessment during the registration process.
Online hires climbing steadily
With the given technological development, Monster, an online career and recruitment source through its monthly employment index, reported a consistent growth in terms of online hiring in the Philippines.
“The Philippines witnessed a 23 percent year-on-year (YoY) growth in online recruitment between November 2017 and November 2018, as per the latest Monster Employment Index (MEI),” the report said.
Data from Monster showed that among various sectors, the retail and healthcare industries registered the most significant growth in online hiring with 38 percent and 33 percent YoY growth respectively while education was listed as the only industry to witness a decline with a five percent drop YoY.
According to the report, the retail industry has maintained its growth trajectory, retaining a positive development since August 2017.
On the other hand, other industries such as hospitality, BSFI (banking, financial services and insurance) and advertising likewise exhibited an exemplary performance posting 26 percent, 25 percent and 21 percent YoY growths accordingly.
In terms of job roles, all occupations listed an incline across the board with logistics and supply chain professions ranking on the top spot as it reached a 46 percent rise in November 2018 from the same month year-ago.
Finance and accounts followed with a 38 percent uptrend while healthcare jobs’ annual growth rate lagged behind by seven percentage points in November 2018 at 29 percent, the latter poised to be the most in-demand on a six-month basis.
Monster CEO and founder Abhijeet Mukherjee said other notable professions in the report were marketing and communications, customer service and hospitality and travel clocking significant growth figures at 25 percent, 24 percent and 13 percent, respectively, between November 2018 and the same month in 2017.
“The Department of Labor and Employment recently revealed an upswing in the Philippines’s employment landscape with 800,000 new jobs created this year. The consistently positive uptrend in online hiring recorded by the monster employment index over the last few years is in line with this,” Mukherjee said.
Improving the online application experience
Earlier, Workbank, a job-matching company has shifted its focus in the growing population of Filipino workers, prompting the firm to launch an app that delivers an enjoyable job hunt experience coupled with perks and free trainings to aid the applicant find a job easier and faster.
Workbank co-founder and chairman Jaison Francis said the innovative job portal was created through the compassion to do more for Filipinos and the incorporation of modern tools such as the Internet and smartphones to allow them expand their reach.
“The Internet and mobile devices are a meaningful touch point for us because this is where we can reach the majority of applicants — this is why we exist in this space,” Francis said.
“We have gone beyond setting up a traditional job portal and decided we ought to invest in the people,” he added noting that Workbank does not only bridge seekers and recruiters, but also provide applicants the necessary pre-requisites during their first month at work.