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Slow HR leaders losing talent to competitors

PHILIPPINES: A majority of Filipino candidates are turning down job offers as HR leaders are not acting fast enough to secure their employment from other competitors, a report found.

Jobstreet by SEEK's “2022-2023 Outlook Hiring, Compensations & Benefits” report found that three in four candidates (72%) in the Philippines were turning down job offers because they had already accepted a different one.

Other reasons include an unsatisfactory salary package (63%), wanting to stay with their current employer (37%), wanting greater flexibility (34%), and wanting better benefits (27%).

Meanwhile, employers said their main criteria when it comes to hiring is qualifications (61%), followed by work experience (60%), salary expectations (29%), overall interview performance (25%), and attitude (24%).

The report was based on a survey of 438 hiring personnel from 438 companies.

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