Many Philippine companies may be giving their employees a yearly salary increase but it seems that majority of the workers are not satisfied with it.
If you are a regular worker in a Philippine company that receives yearly salary increase and are satisfied with the raise, be grateful and count yourself lucky because apparently, not all employees in the Philippines enjoy this privilege. This conclusion is based from the result of an informal survey conducted among site visitors of JobOpenings.ph, a site that features employment opportunities in the Philippines. The survey was also asked among the members of its Facebook community.
In the survey entitled “Do you get salary increase every year,” the answers of the respondents are almost even with 57% answering Yes, they do get a yearly pay raise and 43% said No.
However a discrepancy is seen when those who answered “yes” are further asked if they are satisfied with the yearly raise their company provides. Apparently 69% of those who are given an increase are not satisfied with it as only 31% answered Yes. Majority of these respondents said that their salary increase by 5 to 10 percent and it is mainly based on work performance.
When asked what they think is the appropriate percentage for salary increase, majority answered that it should be from 20 to 50 percent. Most of the respondents are employed full time (89%) while only 11% are employed on a part time or freelance basis. Ninety-two percent are working for private companies while only 8% are employed in government offices.
This informal survey was conducted among site visitors of JobOpenings.ph from November 13, 2012 to January 24, 2013.
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