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10 Deal-Breakers That Now Drive Filipinos to Reject Job Offers
More Filipino job hunters are demanding a better work-life balance and are ready to turn down job offers for it, job search site JobStreet Philippines said Wednesday, March 1, highlighting the shift in priorities after their experience during the COVID-19 pandemic.
While financial compensation remains the top consideration for employees when hunting for jobs, work-life balance is now the second major consideration for job seekers. This is according to 11,438 Filipinos surveyed for the “What Jobseekers Wish Employees Knew: Unlocking the Future of Recruitment” study by JobStreet, Boston Consulting Group, and The Network. It’s surprising given it didn’t even make the top three deal-breakers in the past, said Kim Viray, marketing head of JobStreet Philippines.
“After the two years of the pandemic, we experience as job seekers time for work, time for family, time for plantitos and plantitas because that itself is something we like during the pandemic. It caused a lot of gray areas in the way we work because we cannot now separate what is work and what is family or private space but we loved it,” said Philip Gioca, country manager of JobStreet Philippines, during the launch of its global report tackling the future of recruitment.
Top 10 Deal-Breakers for Job Hunters in the Philippines
In the Philippines where inflation soared to a 14-year high of 8.7% in January 2023 (and take note, it may have accelerated again this February), it’s not surprising that Filipinos’ top consideration for job-hunting is compensation. It slightly deviates from deal-breakers of job seekers outside the country, where work-life balance is the major determinant.
Describing Filipinos’ top priorities, Gioca said: “If the salary is not good enough, then it’s a deal breaker. If there’s no work-life balance, I will not take it. Finally, if there [are] no retirement benefits, I will not take it.”
Aside from compensation and work-life balance, Filipinos also consider the following factors as potential deal breakers in their job hunt:
- Financial compensation (salary, bonuses) – 35%
- Work-life balance – 28%
- Retirement and insurance benefits – 27%
- Job security – 25%
- Flexible work location and/or work schedule – 25%
- Amount of paid time off / holiday – 24%
- Family support solutions – 21%
- Additional benefits (i.e. free meals, sports) – 21%
- Appreciation for your work – 19%
- Learning & career development possibilities – 17%
The Ideal Work Model for Filipino Employees
In line with the common Filipinos’ goal to achieve that work-life balance, almost half of them (46%) want to work in hybrid mode, meaning splitting the work week between onsite and working from home. Some 28% would like to work fully remotely, while 26% prefer to work fully onsite.
In fact, if a job opening shows that an employee can work from home, it gets twice the number of applications. If it offers remote work, it gets 3.5x more applications, said Gioca.
“That’s why recruiters and companies need to ensure that attraction, the process, the onboarding is really great. This is so different from what I learned 20, 15 years ago na bahala ka, take it or leave it. Now, candidates have a choice. Mas demanding, mas naiintindihan na [ang gusto]. I think it’s really good for the economy because we’ve matured enough to say no because I have options.”