5 Top Industries That Are Expected to Have a Surge in Hiring

Bossjob's 5 Top Industries That Are Expected to Have a Surge in Hiring

This 2022 and beyond, you might be considering reassessing your career. We’re here to help bring you up to speed! It’s best to be in the know about the growing sectors that have a bright future when it comes to opening up a number of opportunities for job seekers and career shifters out there.

Having that said, use this guide to help you in deciding which in-demand roles you can consider applying for as you build your career. Let’s zoom in on the top industries that are expected to have a surge in hiring for the months and years to come.

1. Technology

It’s no surprise how the COVID-19 pandemic called for the accelerated adoption of digital technologies in the Philippines. Further, the demand for e-commerce capabilities and digital currency is also expected to grow quickly. These insights will then lead to increased demand in certain roles such as application developers for mobile and web, among others. Without a doubt, technology belongs to the fastest growing industries not just in the country, but on a global scale as well.

As per the 2021 Talent Trends Report by Michael Page International Recruitment (Philippines) Inc., the top 3 reasons that would cause professionals in the technology sector to leave their jobs voluntarily are the following:

  • Skills are underutilized
  • Lack of growth opportunities
  • Company instability

On the other hand, technology professionals have these top 3 considerations when accepting a job offer:

  • Remuneration and benefits
  • Professional development opportunities
  • Remote/flexible work options

You should be able to integrate these considerations as well in your career plan and career goals. This is to ensure you’re being a smart job seeker most especially in such a competitive industry. Now, are you thinking of entering this field to boost your career? Check out these roles you can choose from.

Most in-demand roles

Most applied for roles

2. Healthcare and Life Sciences

The global health crisis brought light to the fact that people are the most valuable assets in the healthcare and life sciences industry. With this, the need to increase the number of doctors in the Philippines pushed the Senate to pass legislation that granted full scholarships for doctorates of medicine to at least 1 qualified applicant from each municipality. Most importantly, this privilege is for qualified students who have no means to pay for medical school. In turn, they would be required to serve at a government health facility in their hometown for at least 4 years after they get their license.

According to the same report, these are the top reasons that would cause professionals in this field to leave their jobs voluntarily:

  • Lack of concern for employees’ well-being
  • Lack of growth opportunities
  • Skills are underutilized

It’s also crucial to note what their top considerations are when accepting a job offer. 3 of these are:

  • Remuneration and benefits
  • Job scope and responsibilities
  • Remote/flexible work options

For those who are seeking an opportunity to help people in the best way they can, securing a career in the H&LS industry is one of the best ways to go. Take a look at these roles you can take on.

Most in-demand roles

Most applied for roles

3. Banking and Financial Services

Recruitment in the insurance sector has definitely gone up during the COVID-19 pandemic, having a few companies growing in 2020. Moreover, the talent acquisition market has become more competitive in specialist fields.

It’s also a revolutionary phase for the accelerated digital transformation in the banking sector. Fintech trends have been realized and fintech capabilities must be quickly set up to ensure effective customer interactions and quality assistance to customers with any urgent liquidity needs. This, along with other insights, gives way for the banking and financial services field to be one of the top growing sectors to date.

Also stated in the report from Michael Page Philippines are the following reasons why professionals from this sector would voluntarily quit their jobs:

  • Looking for higher pay and better benefits
  • Lack of growth opportunities
  • Lack of concern for employees’ well-being

With these, they value these considerations when accepting a job offer:

  • Professional development opportunities
  • Remuneration and benefits
  • Remote/flexible work arrangements

Even if there were earlier instances that the COVID-19 pandemic slowed down recruitment in this industry as a whole, its several bright spots are worth noting to consider working your way into this career path. The following lists some of the jobs you should check out.

Most in-demand roles

Most applied for roles

4. Industrial and Manufacturing

On the road to recovery, this sector sees a continuously increasing production activity as operating conditions stabilize. Further, more companies are leaning towards hiring returning Filipino candidates. This hiring measure gives light to two major benefits: Returning Filipino workers can be the most in-demand talents who understand local culture while having global or regional experience, and businesses can cut down on costs as compared to hiring expats.

In the same report, these are the top reasons why professionals in this line of work would choose to resign from their posts:

  • Looking for higher pay and better benefits
  • Lack of growth opportunities
  • Lack of concern for employees’ well-being

To avoid experiencing these gaps and land a better-paying job, these belong to the top factors they consider when accepting a job offer:

  • Remuneration and benefits
  • Work culture 
  • Professional development opportunities

Looking to secure a career path in this sector? Check out the top job titles and see where your qualifications will fit best.

Most in-demand roles

Most applied for roles

5. Fast Moving Consumer Goods (FMCG)

The FMCG industry was able to sustain its momentum due to the socio-economic and behavioral patterns caused by the pandemic, which drove up sales in consumer goods. Though there was a decline in jobs during the height of the pandemic in 2020, the fact that consumers had to turn to e-commerce sites for their grocery shopping during the lockdown period led to tech coming into play in a huge way.

The Talent Trends report stated that FMCG professionals would choose to leave their jobs due to these reasons:

  • Looking for higher pay and better benefits
  • Lack of concern for employees’ well-being
  • Lack of transparency in leadership communications

With these in mind, these are their top considerations when it comes to accepting a job offer:

  • Remuneration and benefits
  • Professional development opportunities
  • Remote/flexible work options

As you go about your job search journey, it’s best to note what kind of roles are best to consider when fast-tracking your career. Here are some of the top ones you can choose from.

Most in-demand roles

Most applied for roles

Anticipate Your Job Search Success With Bossjob

Now that you’re acquainted with the top industries you can consider joining and the most in-demand roles you can take on, it’s time to kickstart your job search by gaining access to hundreds and thousands of opportunities at your fingertips.
Sign up with Bossjob today, browse through the available jobs, and manage your job applications in one place! While you’re at it, make sure you’re equipped with the right skills and knowledge to ace your job hunting journey. Read through some of our job search tips and career advice.

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