What Jobs in the Philippines Will Give You P1Million per Year Income?

October 29, 2015 | By Garry De Castro | Filed in: Personal Finance.

I was listening to the radio this morning when I got tuned in to Magic 89.9’s show of Mo Twister. It so happened that the topic was Jobs in the Philippines that gives you an earning of around P1Million per year. If we’re going to do the math, that would be around P77,000 per month salary including 13th month pay before taxes, that is.

pesobig

That kinda got my attention so I stopped and listened attentively. I thought they already have a list to read, but it so happened that they are accepting calls from people who are earning around P1Million per year. So it’s realistic coz the source are somewhat testimonials.

I got to list down 5 callers who admitted they are earning around at least P1Million per year.

  1. Brand Manager – the 1st caller who testified that he’s earning around P1Million per year was a brand manager. When asked what particular industry he is in, he said he’s in the Liquor/Beverage industry. And of the additional perks, he gets to drink booze everyday for FREE. Not bad!
  2. Sales – the 2nd caller said he’s from a multinational company selling consumer goods like that of Procter & Gamble, Unilever etc.
  3. Corporate Chef – the 3rd caller is a girl who said that corporate chefs also earns around that amount. However, when asked if she’s a chef, turned out she’s not. The chef was her friend.
  4. HR Manager – the caller shared that she’s around 40 years old and has been earning around that level for a couple of years already. I suspect that she’s from a big company for sure.
  5. Lead Consulting Engineer – he mentioned that he’s working for a Telecom company and he also earns around P1.1Million per year.

Looking at the list, one common denominator except maybe in Sales is that it will take a lot of time, skills and mastery before you could be at that level. Take for example the HR Manager. I’m sure she didn’t get that position in an instant. It sure took her years in climbing up the corporate ladder.

If I would have been able to call, I could have added Financial Advisors / Insurance Advisors as well. I know a lot of people earning that much although they are not salaried like the ones mentioned above.

One advantage perhaps is that you won’t have to go through the same amount of time to earn that much. But like in Sales, your biggest capital would be your determination, perseverance and never ending dedication. Your earnings will greatly depend on those factors. If you’re good, you’ll earn big. If not, you’ll be hungry for sure.

Bottomline, it doesn’t mean that if you have big earnings, you also have big savings. In the end, “it’s not how much you EARN, but how much you SAVE” that matters. It’s useless earning P1Million a year if you’re spending the same amount as compared to someone earning P100k a year if he is able to save P50k.

But then again, if you can EARN BIG and at the same time SAVE BIG, why not! You just have to choose and decide.

If you can add to the list, who do you know / what kind of JOBS do they have that gives them an earning of around P1Million a year?

Feel free to comment!

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Garry Zaldy de Castro is an advocate, Financial Advisor, Certified Investment Solicitor (Mutual Fund Representative), blogger, IT practitioner, husband to Aileen and a dad to Jacob and JohnD. He started Financial Planning Philippines in 2008 just to share his financial learning to friends, relatives and anyone who wishes to be financially independent.

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