Wednesday, July 2, 2008

Philippine IT workers enjoy competitive salaries

IT professionals in the Philippines are receiving above-average salaries compared to their counterparts in other professions, but most of them lack the IT certification their peers in the region have acquired, according to a survey conducted by ZDNet Asia.

The ZDNet Asia IT Salary Benchmark Survey 2008 revealed that IT employees in the Philippines earned an average annual salary of US$12,425 (500,736 peso).
This wage level, high by national standards, put the country in sixth place after Hong Kong, Singapore, Thailand, Malaysia and India, which have annual salaries of between US$13,864 and US$76,851. The Philippines is just a notch higher over last placer Indonesia, which had a US$7,709 average annual salary.

According to the National Statistics Office, the average annual income of Filipino families in 2006 was estimated at 172,000 peso (US$3,939).
The Philippines, however, was ranked at the bottom in another category with just 24 percent of the respondents saying they had at least one IT certification from a technology vendor or institution. Hong Kong topped the list with 48.9 percent, while Indonesia was able to dodge the pit with 28.6 percent.

A total of 2,521 IT professionals from the Philippines participated in the survey. They came from various industry sectors, across a range of job types, and from different company sizes. Some 92.6 percent of the respondents were working full-time, while the rest were contractors and independent consultants.

The ZDNet Asia survey found a correlation between years of experience, a higher education level, and a good salary. Those who had more than 10 years of experience enjoyed an average annual salary of 95,113 peso (US$2,178). The average number of years of experience among the Filipinos IT workers surveyed was 6.3 years.

Similarly, the survey indicated that larger companies generally gave higher compensation, compared to businesses with fewer employees. Respondents working in large companies, with more than 1,000 employees, commanded the highest average annual salary at 556,529 peso (US$12,745), followed by those in midsize companies (with between 100 and 999 employees) at 516,882 peso (US$11,837) and small companies (with fewer than 100 employees) at 456,183 peso (US$10,447).

Among sectors, the study said respondents from the legal and finance sector commanded the highest average annual salaries with 667,519 peso (US$15,286), followed by those in IT, Web and telecom with 520,612 peso (US$11,922). Those in government, education and health had the lowest average annual salary of 290,300 peso (US$6,648).

The study found that more than half (52.1 percent) of Filipino IT professionals had application development skills, nearly half (46 percent) have desktop/software skills, and more than one-third (38.4 percent) had Web development skills.

The report also noted that respondents who were contract/independent consultants in IT management, project management, communications, and other IT professionals, had higher average annual salaries than those who worked full-time at a company, while those in systems development and support earned less.

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Source: ZDNETASIA

Wednesday, May 28, 2008

Is it good to stop working to study for an MBA?

Q. I am working for a bank as an Oracle DBA for one year. I have more than four years of experience in this field.

I hold the B.Tech (I.T.) and M.Sc. (Telecommunication) degrees.

What are the career prospects of doing an MBA in ERP (SAP) if I stop working and do the MBA course full-time?

Is it advantageous or disadvantageous to make such a move?

Career advice from Stella Thevarakam, regional HR director of management and technology consulting firm ISS Consulting (M):

An MBA always has more value when it is backed by good years of experience. You have got four years of experience.

Stopping work to do the MBA is not really necessary. Don’t rush with your MBA. Take it at a pace that you are comfortable with.

If you can manage studying and working (most people who do MBA work and study), then that will be the best option as it will add value to your resume and experience.

Stopping work and just concentrating on your MBA may give you more concentration but may reflect not so favourably on some future employers who may think that you cannot handle too much stress. Definitely more value is added if you study whilst working, but this is just an opinion. There are pros and cons.

My opinion would be not to stop working as when I interview candidates and they have periods where they study and work I view them more favourably. It adds on to the quality of the person’s experience and calibre.


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Source: ZDNetAsia

Wednesday, May 21, 2008

Developers are born brave!

A typical workplace scenario...I agree!


Friday, May 9, 2008

SAP and Oracle's referral programs have different focus

Although their recently launched referral programs are similar, Oracle's is driven by financial gain while SAP's is focused on building relationships with its channel partners, says Ovum.

SAP earlier this month announced the launch of a business referral program targeted at small to midsize businesses (SMBs), in which it will pay for leads for new business. Channel partners will get a 5 percent cut of a deal's net software license value, according to SAP.

Oracle's program pays a similar 5 percent, capped at US$50,000.

Warren Wilson, Ovum research director, said in a statement the programs "should pay a double dividend" in bringing in new business and helping to identify new partners for the two software giants.

The program will offer the opportunity for the two rival companies to evaluate which of the partners will be most productive or can best fill gaps in their market coverage, said Wilson.
However, the differences between the two vendors' programs may be their emphasis, noted Wilson.

"Oracle's lead message is the money," said Wilson, adding that its programs focus on increasing deal volumes.

"SAP, by contrast, emphasizes deep engagement, building long-term relationships and two-way loyalty through co-innovation programs in which the partner helps to define the Web services that will underpin the solution.

"Which method is more effective is a question that the market will take years to answer," said Wilson.

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Source: ZDNetAsia

Monday, May 5, 2008

Intel prepares to close Philippine plant

Rumors have been circulating since 2005 that Intel had already made a decision to pack up and leave the Philippines after the year 2010. The writing on the wall became clearer in 2006 when Intel inaugurated a US$605-million test and assembly plant in Ho Chin Minh City in Vietnam.
During the Vietnam launch, Intel Chairman Craig Barrett said the facility was simply an expansion and would not affect the operations of other plants located in countries such as the Philippines.

However, the telltale signs were obvious. Among the countries in Asia where it has test and assembly plants, the Philippines was the only site in which Intel made no significant plans to invest or expand.

Compared to the Cavite plant which received no part of Intel's US$1 billion investment plan for Asia in 2006, Intel poured a whopping US$270 million to increase the capacity of its Malaysian plants and another US$300 million to expand its facilities in Shanghai and Chengdu in China.
During the media interview, Barrett said the company considers "political stability" as a major factor when making investment decisions and singled out Vietnam as a favorable investment climate.

According to various blogs, Intel had discussed the possibility of moving the factory to an IT park in the neighboring province of Laguna because the current Cavite building is structurally unsound.

But employees dismissed this option, questioning the need to offer staff severance packages if the company had intended only to transfer to another location within the country.

Industry observers have cited high electricity and labor costs as two major reasons why Intel is planning an exit strategy. The Philippines has the second most expensive energy cost in Asia after Japan.

Intel's impending pullout is a huge blow to the Philippines, where the electronics market--which encompasses semiconductors--is the country's largest export earner.

The chipmaker's decision to put up a manufacturing hub was a symbolic vote of confidence that paved the way for other foreign companies such as Texas Instruments, to locate their operations in the country.

In fact, the current Cavite plant was where Intel's mobile processor Centrino was first assembled and shipped to the global market. Pentium 4 chips were also manufactured in the facility.

Aside from making chipsets and processors, the local site also houses a Flash memory design factory. However, employees who specialize in Flash are expected to move to Numonyx, a joint venture set up between Intel and STMicroelectronics.

In 2004, an Intel-commissioned study by University of Asia and the Pacific showed that the chipmaker's investments resulted in US$713 million in direct and indirect export contributions.

The report further noted that Intel accounted for 22 percent of exports in Cavite and was the largest employer in General Trias.



Source: ZDNetasia