{"id":59991,"date":"2023-11-22T15:42:32","date_gmt":"2023-11-22T07:42:32","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=59991"},"modified":"2023-11-22T15:42:36","modified_gmt":"2023-11-22T07:42:36","slug":"filipino-part-time-workers-exhibit-financial-awareness-adapt-spending-habits-survey","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2023\/11\/22\/filipino-part-time-workers-exhibit-financial-awareness-adapt-spending-habits-survey\/","title":{"rendered":"Filipino part-time workers exhibit financial awareness, adapt spending habits &#8211; survey"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>The ongoing economic downturn has led to shifts in spending behavior, attitude, and actions for 84% of Filipinos engaged in part-time employment, according to startup market research firm Agile Data Solutions, Inc.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The survey was rolled out online from July to September 2023 to 1,000 Filipino participants aged 18 and above through the Hustle PH app.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The study revealed that 60% of Filipinos are involved in some form of part-time work, with younger Filipinos being the most involved.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Analyzing the average earnings of part-time workers across different regions revealed that individuals are reportedly earning as much as P10,000 per month in the leading three areas, which are Calabarzon at 20%, the National Capital Region at 18%, and Central Luzon at 11%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">About 78% of men and 76% of women with part-time jobs expressed a necessity to save their income. This trend is more noticeable among Generation Z (Gen Z) and Millennials, who are reportedly shying away from buying non-essential products.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The study also found that in terms of juggling multiple part-time jobs, women are likely to have a single part-time job, while men are more inclined to have two or more part-time positions.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>&#8220;We see an increasing number of Filipinos, particularly the younger generation, seeking part-time employment as a means to bolster their income and attain financial stability. This trend is further driven by the prevailing economic challenges and inflation, which reached 6.1% in September,&#8221;&nbsp;<\/em>Jason Gaguan, Chairman and CEO of Agile Data Solutions, said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Changing Trends and Part-Time Worker Preferences<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The study also revealed a shift in values and priorities among different generations. Specifically, financial independence takes precedence for 83% of Gen Z (18-25) individuals compared to just 76% of older generations (41-60). Conversely, older generations prioritize flexibility more, with 47% emphasizing its importance, while only 25% of Gen Z respondents share this sentiment. This illustrates a willingness among Filipinos to exchange time for financial stability in their younger years. As individuals age, their focus tends to shift towards the importance of time and achieving a better work-life balance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Across both genders, there&#8217;s a strong consensus that communication skills are crucial to getting hired. A substantial 84% of women and 81% of men emphasize the value of these skills for part-time employment, underscoring the importance of strong interpersonal abilities, even in part-time roles.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Call center roles top the list of part-time positions that Filipino workers look for, closely followed by virtual assistant roles, service crew positions, information technology roles, and sales positions, respectively.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Work from home emerges as the top preference for working arrangements among individuals of all ages which signals a growing acknowledgment of the value that remote setups bring.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>&#8220;Filipinos today aren&#8217;t just adapting to the digital age \u2013 they&#8217;re truly making the most of it. With all the new technology and online platforms out there, many are finding jobs that fit their preferences and skills. It&#8217;s a testament to the adaptability and spirit of the modern Filipino workforce,&#8221;<\/em>&nbsp;Gaguan said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Agile Data Solutions, through its cutting-edge data-gathering platform, Hustle PH, remains dedicated to exploring and analyzing cultural trends to help businesses and individuals make informed decisions.<\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><em>To access the full research, visit\u00a0<a href=\"https:\/\/www.agiledatasolutions.tech\/post\/full-research-rockin-raket\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.agiledatasolutions.tech\/post\/full-research-rockin-raket<\/a>\u00a0.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The study revealed that 60% of Filipinos are involved in some form of part-time work, with younger Filipinos being the most involved.\u00a0<\/p>\n","protected":false},"author":6,"featured_media":45870,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[96,2727,1656,5265],"class_list":["post-59991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-white-papers","tag-technology","tag-technology-adaption","tag-technology-investment","tag-telecommute"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/59991","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=59991"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/59991\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/45870"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=59991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=59991"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=59991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}