Average Salary in Philippines 2024

Looking to gain insights into the salary landscape in the Philippines? This comprehensive article highlights various aspects such as pay scale, wage gap, yearly increments, and breakdowns based on education level and years of experience. Discover how salaries differ across industries and professions, explore the factors contributing to wage gaps, and understand the potential for career advancement and increased earnings with higher education or more years of experience. Stay informed about the dynamics of the Philippine job market and make data-driven decisions for your future success.
Please be aware that the data we are providing is as accurate as possible at this early stage of the year 2024.

However, as we gather more data for 2024, we make adjustments to ensure the highest level of precision.

What is the average salary in Philippines in 2024?

What is the average salary in Philippines in 2024?
350USD
(USD 4,200 yearly)
Low 160 USD
Average 350 USD
High 1,600 USD
A person working in Philippines typically earns around USD 350 per month. Salaries range from USD 160 (lowest average) to USD 1,600 (highest average, actual maximum salary is higher). This is the average salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
In comparison with average salary in Philippines in 2023, salaries changed by +0.7% so far. Looking ahead, economists project a gradual recovery in the job market. Full comparison 2023 and 2024 we are able to do it at the end of the year.

Pay Scale and Salaries in Philippines

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 1,600, 75% of the people earn USD 480 or less. 50% employees earn less USD 340 or less, 25% of the employees earn less than USD 260.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 1,600, 75% of the people earn USD 480 or less. 50% employees earn less USD 340 or less, 25% of the employees earn less than USD 260.

Minimum Wage and Starting Salary

Minimum Wage and Starting Salary refers to the fundamental pay levels for entry-level positions. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In Philippines the minimum salary is USD 160.

Median Salary

Located in Philippines, the median salary is USD 280, signifying the middle point of all salaries in a dataset. This measurement offers a more equitable representation of income distribution and is widely used to gauge average earnings in various professions and industries.

Salary range and Percentile

Salary Range refers to the span between the lowest and highest salaries in a given dataset, indicating the scope of potential earnings. Percentile, on the other hand, represents a specific point in the range, showing how a salary compares to others in the dataset, making it useful for benchmarking pay levels. In Philippines the salary ranges from USD 160 to USD 1,600.

Annual Salary Increments in Philippines

What is the average annual salary increment in the Philippines? How frequently do employees receive salary raises?

In 2024, the average salary increase for employees in Philippines was around 0.7%. It's important to highlight that this figure is an average across all job sectors. Globally, the average for 2024 is 0.7%.Download chartGet chart linkShare on FacebookShare on Twitter
In 2024, Philippines employees received an average salary increase of 0.7%. It's essential to note that this is an average figure across all job sectors. Globally, the average salary increment for 2024 is 0.7%.

Historical Graph of Annual Salary Increments in Philippines

The average yearly salary increase for employees in Philippines over the past years ranged from 0.7% to 4.9%. On average, this represents a 2.9% increment per year.Download chartGet chart linkShare on FacebookShare on Twitter
Employees in Philippines received in recent years salary increase from 0.7% to 4.9% on average per year. It means 2.9% increment per year on average.

Salary Forecast and Trends for the Future in Philippines

There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 3.5%. Estimated range is between 1.9% and 5.4%.Download chartGet chart linkShare on FacebookShare on Twitter
There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 3.5%. Estimated range is between 1.9% and 5.4%.

Gender Wage Gap in Philippines

What is the difference in pay between mens and womens? Men vs. women salary comparison.

Philippines has an actual wage gap of 10.0%.Download chartGet chart linkShare on FacebookShare on Twitter
10.0% is the current wage gap in Philippines.
It's due to many factors, such as:
  • Unequal treatment based on gender.
  • On average, women have a 10% higher number of days of paid vacation than men each year.
  • Women are less likely than men to have a college degree.
  • Women are more likely than men to take on caregiving responsibilities for children and elderly relatives.
  • In comparison to men, women are more prone to working part-time, resulting in lower earnings compared to full-time workers.
  • Women tend to gravitate towards lower-paying occupations more than men.

Salary Comparison by Education Level

How does the education level influence the amount of salary?

Completing high school and receiving a bachelor's degree present a multitude of benefits. First and foremost, they significantly enhance career prospects, leading to higher earning potential and broader access to job opportunities. Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge.Download chartGet chart linkShare on FacebookShare on Twitter

The Benefits of Transitioning from High School to a Bachelor's Degree

Completing high school and attaining a bachelor's degree yields a host of benefits. Above all, it significantly enhances career prospects by increasing earning potential and broadening access to a greater variety of job opportunities. Along with financial rewards, pursuing a bachelor's degree promotes personal growth, cultivates critical thinking skills, and allows for specialization in a chosen field of interest. Furthermore, it facilitates valuable networking possibilities and fosters the development of a global perspective. Ultimately, the journey from high school to a bachelor's degree is a transformative path that opens doors to a more fulfilling and prosperous future.

The Advantages of Progressing from a Bachelor's to a Master's Degree

Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. This advanced education often leads to even greater earning potential and career advancement opportunities. Additionally, master's programs often emphasize research and critical thinking, honing these skills for practical application in professional settings. Networking opportunities expand further, connecting students with experts in their fields. Lastly, pursuing a master's degree is a significant personal achievement, reflecting dedication and a commitment to lifelong learning, which can contribute to personal growth and fulfillment.

The Advantages of Advancing from a Master's to a Ph.D. Degree

Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge. This expertise often leads to prestigious career opportunities in academia, research, and leadership positions in various sectors. Ph.D. programs foster advanced critical thinking, problem-solving, and analytical skills, making graduates highly adaptable and innovative. Networking opportunities expand even further, with collaborations and connections in the global academic and professional communities. Pursuing a Ph.D. epitomizes a lifelong dedication to acquiring knowledge and paving the way for an inspiring and impactful career.

Salary Breakdown Based on Career Levels

How does an individual's salary evolve as time goes on?

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 15%-19% higher, reflecting higher skill level and value to the company. Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of around 7%-11%. Expertise and leadership garner higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 20%-24% higher, mirroring strategic influence and heightened leadership contributions.Download chartGet chart linkShare on FacebookShare on Twitter

Salary increase going from Junior to Intermediate

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 15%-19% higher, reflecting higher skill level and value to the company.

Elevation from Intermediate to Senior Role Brings Salary Advancement

Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of around 7%-11%. Expertise and leadership garner higher recognition and greater financial rewards.

Executive Promotion: Salary Increase from Senior Position

Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 20%-24% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Philippines

What is the average hourly wage in the Philippines?

Average Hourly Wage
2USD
Low 1 USD
Average 2 USD
High 9 USD

What are the disadvantages of being paid on an hourly wage basis?

  • Income instability: Budgeting and planning for expenses can be difficult due to the irregular or fluctuating income that hourly wages may result in.
  • Limited earning potential: Hourly workers may face limitations in terms of the number of hours they can work, which can restrict their earning potential compared to salaried positions.
  • Lack of benefits: Hourly workers often have fewer or limited benefits such as paid time off, health insurance, retirement plans, and other perks usually attributed to full-time employment.
  • Inconsistent work hours: Hourly workers may experience unpredictable work schedules, including shifts that vary in duration or irregular hours, which can disturb work-life balance and make it difficult to maintain consistent routines.
  • Uncertain job security: In comparison to salaried positions, hourly positions can face greater job insecurity as they are more prone to layoffs, downsizing, or changes in demand.
  • Limited career advancement: Limited opportunities for career growth, professional development, or upward mobility within the organization may be observed in certain hourly jobs.
It's important to note that these disadvantages may not apply universally and can vary depending on specific job circumstances and individual preferences.

Highest and Lowest Paying Jobs in Philippines

What are the best paying jobs in Philippines?

List with best paid jobs in PhilippinesDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs Philippines?

  1. Surgeon (USD 1,600)
  2. Doctor (USD 1,400)
  3. Chief Executive Officer (CEO) (USD 1,300)
  4. Registered Nurse Anesthetist (USD 1,300)
  5. Dentist (USD 1,300)
  6. Airline Pilot (USD 1,200)
  7. Intellectual Property Lawyer (USD 1,200)
  8. Marketing Manager (USD 1,000)
  9. Marketing Director (USD 1,000)
  10. Sales Director (USD 950)
  11. Sales Manager (USD 950)
  12. Petroleum Engineer (USD 940)
  13. Brand Manager (USD 920)
  14. Marketer (USD 920)
  15. Judge (USD 900)
  16. Treasurer (USD 890)
  17. Controller (USD 890)
  18. Pharmacist (USD 870)
  19. Tax Lawyer (USD 860)
  20. Lawyer (USD 860)
List with worst paid jobs in PhilippinesDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Philippines?

  1. Cashier (USD 170)
  2. Childcare Worker (USD 180)
  3. Stock clerk (USD 180)
  4. Elder Care Worker (USD 180)
  5. Receptionist (USD 190)
  6. Bartender (USD 200)
  7. Food and beverage server (USD 200)
  8. Janitor (USD 200)
  9. Waiter (USD 210)
  10. Tour Guide (USD 210)
  11. Customer Service Representative (USD 250)
  12. Hotel Concierge (USD 250)
  13. Rehabilitation Counselor (USD 260)
  14. Travel Agent (USD 280)
  15. Secretary (USD 290)
  16. Painter (USD 300)
  17. Carpenter (USD 310)
  18. Bus Driver (USD 310)
  19. Artist (USD 310)
  20. Truck Driver (USD 320)
List with best paid industries in PhilippinesDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 970)
  2. Business and Management (USD 820)
  3. Marketing and Sales (USD 760)
  4. Engineering (USD 700)
  5. Law (USD 670)
  6. Accounting and Finance (USD 660)
  7. Computer and Information Technology (USD 650)
  8. Transportation and Logistics (USD 630)
  9. Science (USD 630)
  10. Education and Training (USD 520)
  11. Other (USD 390)
  12. Hospitality and Tourism (USD 320)
  13. Social Services (USD 270)
  14. Services (USD 240)