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Top 10 Highest Paying Jobs In The Philippines 2022

Smart Money by Smart Money
September 12, 2022
in Money
Reading Time: 13 mins read
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Table of Contents

  • 1. Surgeons, Doctors, Specialists
  • 2. Judges
  • 3. Corporate and Civil Lawyers
  • 4. Bank Managers of Established Banks
  • 5. Chief Executive Officers of Big Companies
  • 6. Chief Financial Officers of Big Companies
  • 7. Orthodontists
  • 8. College Professors
  • 9. Airline, Private & Commercial Pilots
  • 10. Marketing Directors of Private Firms
  • 11. The Philippines Job Market: Changes in Workforce Trends
  • 12. Final Notes

Who wouldn’t want to work and get paid top pesos for all the time and effort in a job? The moment we start job hunting, the common goal is to get into the top 10 highest-paying jobs in the Philippines. Doing this ensures you get a kick-start as your skill and experience progress, and you have a brighter future ahead.

But what if your job is not within the industry listed? Is there something you can do to get into the professional career list?

Getting your dream job and knowing that’s one of the highest paying jobs in the Philippines, you know your in the right path and you’ll be more motivated to pursue your professional career.

The first quarter of the year 2022 began with a promising rebound economy and posted an 8.3% growth. This was due to active consumer spending and continuous construction of the build, build, build government program.

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While there was a major dent of 9.6% effect of the 2020 Covid Pandemic, the World Bank expects a 5.7% growth rate amidst global uncertainties.

This positive news is both encouraging and inspiring after going through a tough Pandemic slowdown. For the new graduates and those returning to the workforce, it helps a person make strategic decisions about their future career choices.

The 2020 results of the Philippine Statistics Authority (PSA) Official Wages Survey (OWS) publish the top 10 highest paying jobs listed are the following:

TOP 10 HIGHEST PAYING JOBSAVERAGE MONTHLY SALARY
Surgeons/ DoctorsPHP 76,300- 264,000
JudgesPHP 64,100- 222,000
LawyersPHP 51,900- 179,000
Bank ManagersPHP 48,000- 169,000
Chief Executive OfficersPHP 45,800- 158,000
Chief Financial OfficersPHP 42,700- 148,000
OrthodontistsPHP 41,200- 142,000
College ProfessorsPHP 36,600- 127,000
PilotsPHP 30,500- 106,000
Marketing DirectorsPHP 27,500- 95,000
Source:  Highest Paying Careers in the Philippines

TOP 10 HIGHEST PAYING JOBS

01
of 12
Surgeons, Doctors, Specialists

highest paying jobs in the philippines
Photo by Павел Сорокин

Surgeons and Doctors are considered top of the list because of the needed skill and critical nature of the job.  Before you become a doctor, many years are spent studying Medicine, taking the Board exams, and then specializing in a field.  This extensive knowledge and experience give them the validity to charge a high professional fee. 

A general surgeon specializes in patients who have diseases or are critically ill with concerns in the digestive tract, endocrine system, abdomen, blood vessels, skin, and breast.  A doctor applies problem-solving medical theories, practices, and new scientific technology to treat patients.  The surgeons and doctors take an oath of service to save lives and improve one’s medical condition using medical knowledge. 

  • Extensive Knowledge
  • High-Level Skill Experience
  • High-Risk Job
  • High Perceived Value 
  • Revenue Generator

02
of 12
Judges

highest paying jobs in the philippines
Photo by Sora Shimazaki

Judges need to be impartial when presiding over court hearings and listening to the arguments of opposing parties.  They apply their extensive knowledge of the Philippine Constitution through the legal process and conduct pretrial hearings.  This is where they resolve disputes, facilitate bargaining negotiations and apply legal decisions. 

The role of a judge is to promote rules for the enforcement and protection of the rights stated in the Philippine Constitution. It involves the practice, pleading, and procedure in court, as well as offering legal assistance to the underprivileged.  They are elected or appointed officials and are expected to interpret the meaning, significance, and implications of the law. 

  • Extensive Knowledge
  • High Level of Experience
  • High Responsibility 

Read More: Car Loan with Lowest Interest Rates [2022]

03
of 12
Corporate and Civil Lawyers

highest paying jobs in the philippines
Photo by Mikhail Nilov

A lawyer is a trusted individual that handles vital information to get legal protection and guidance.  Depending on specific situations, lawyers advise on one’s responsibilities and rights. 

Some are litigation lawyers who represent their client’s in court, while others are corporate lawyers that handle business transactions.  Lawyers are trusted by their clients with vital information, to get legal protection within the boundaries of the constitution.

Most lawyers work with a group of attorneys in private practice or a firm.  Other lawyers are self-employed or hired as in-house counsel for a corporation or government.  A lawyer specializes in law contracts, criminal cases, or patent litigation.  They work in a private office, a law library, or in a courtroom setting.  

  • Extensive Knowledge
  • High-Perceived Value
  • Revenue Generator

04
of 12
Bank Managers of Established Banks

highest paying jobs in the philippines
Photo by Pixabay

A bank manager oversees the activities of the branch outlet and reports to the main head office.  Promotions, marketing, and monitoring sales targets are the top priority of a bank manager.

Being the direct representative and face of the bank, the manager has to extend personalized customer service and satisfaction to increase the customer base. By doing this they likewise expand the depositors within the branch. 

Handling the day-to-day operations in a branch means implementing the bank’s policies.  This means the bank manager has to stick to the operations and budgets while supervising the employees.

They likewise have to be well-versed with legal and company regulations in any transactions, while strictly adhering to the rules of the larger financial institution.

  • High-Level of Knowledge
  • High-Risk Job
  • High Responsibility Job
  • Huge Impact

05
of 12
Chief Executive Officers of Big Companies

highest paying jobs in the philippines
Photo by Felicity Tai

Chief Executive Officers are part of the top executive and principal organization of a company.   The CEO has to maximize revenues by applying well-honed skills in business administration.

They are updated with current trends and forecasts to ensure profitability and maximum performance. 

The CEO has to show the company’s profitability, not only for the entire organization but also for the investors. They target to meet its goals and need to spot new opportunities so the company is never out of date.  The CEO directs agendas and delegates tasks while managing the organizational structure.  

  • High-Level of Knowledge
  • Extensive Skill Experience
  • High-Risk Job
  • Widespread Impact
  • Crucial Leadership Position

Read More: All You Need to Know About Home Credit PH [2022]

06
of 12
Chief Financial Officers of Big Companies

highest paying jobs in the philippines
Photo by Kampus Production

The Chief Financial Officer is considered the highest rank in the finance organization and has a huge financial responsibility for the stability of a company.  Under the leadership of the CFO, financial planning and analysis (FP&A), compliance, scenario modeling, capital budgeting, debt & equity financing, and cash flow management are all part of the CFO’s position.

The CFO advises the board on mergers and acquisitions (M&A), strategic direction, and planning for initial public offerings.  Timely delivery of accurate financial requirements with value creation and sources of revenue. They need to implement key corporate initiatives and ensure effective services to the clients and stakeholders. 

  • High-Level of Knowledge
  • Extensive Experience
  • High-Responsibility Job
  • High-Risk Job

07
of 12
Orthodontists

highest paying jobs in the philippines
Photo by Beyza Kaplan

An orthodontist has advanced training as a specialized licensed dentist that corrects irregularities in the teeth and jaws.  They handle misaligned or crooked teeth that create an imbalance in a person’s face. 

An orthodontist has to undergo an orthodontic program from a certified university and get accredited by the Philippine Board of Orthodontics (PBO).  

An orthodontist is not limited to putting braces on a patient’s teeth. They find a way to solve the issue of teeth crowding, crossbite, and overbite.  They use special dental appliances and other services to fix the improper placements. 

Aside from braces, they make use of aligners, retainers, and jaw apparatus depending on the patient’s diagnosis. They are in demand because they help restore a patient’s self-confidence by fixing the facial structure of the teeth and jaw.

  • High-Level of Knowledge
  • High-Level of Skill Experience
  • High-Perceived Value
  • High-Cost Industry
  • Revenue Generator

08
of 12
College Professors

highest paying jobs in the philippines
Photo by Beyza Kaplan

As per the Commission of Higher Education (CHED), a professor must have a Master’s degree in their chosen field.  Each university has a different ranking system with some requiring a Ph.D. degree, published academic papers, or books.

A professor’s teaching experience is invested in the same institution or university, teaching with years of service before gaining tenure or being promoted.

There are many duties and responsibilities that a professor handles when a course curriculum and syllabi are made.  Aside from applying the scientific method of discipline in their field, they create instructional materials to supplement their lectures.

Making the subject relevant to the times is just one of the challenges a professor faces.  They mentor their students and challenge their thinking then evaluate the student’s progress to see their level of understanding. 

These professors have a hand in shaping the young minds of future generations and impact individuals that would become movers and shakers of different industries. 

  • Extensive Knowledge
  • High-Perceived Value
  • Revenue Generator

09
of 12
Airline, Private & Commercial Pilots

highest paying jobs in the philippines
Photo by Kelly

Local and students from other countries consider the Philippines a popular location for Pilot Training.  There are 40 flight schools to choose from all over the country with English as the medium of instruction.

When they are in flight school, pilots have to make up their minds on their aviation goals. 

They can get three kinds of licenses: a Private Pilot License (PPL), a Commercial Pilot License (CPL), or an Airline Transport Pilot License (ATPL).  You need a college degree with aviation-related programs and flight training experience.  

Pilots and the aeronautics sector was ranked as the highest paid job before the pandemic struck. The industry took a strong hit during Covid, where flying significantly slowed down due to the closing of borders in different countries.  

When the vaccines were given to the populace, countries started welcoming back tourists. People started traveling again and airlines resumed flights to different countries.   

  • High-Level of Knowledge
  • Extensive Skill Experience
  • High-Risk Job

10
of 12
Marketing Directors of Private Firms

highest paying jobs in the philippines
Photo by RODNAE Productions

Marketing Directors adopt a panoramic view of various departments within a matrixed environment.  They formulate a strategic and cohesive campaign, by applying the company’s marketing and communication resources.  By doing this successfully, the result is a strengthened corporate brand image and customer recall from its target market or industry. 

A marketing director creates the marketing strategy for short-term and long-term sales to complete the company’s goal.  They implement marketing campaigns and manage the production side to maintain market leadership. They continue to adjust their marketing strategy to the changes in consumer behavior and preferences.  

  • High-Level of Knowledge
  • Extensive Experience
  • Revenue Generator

11
of 12
The Philippines Job Market: Changes in Workforce Trends

highest paying jobs
Photo by Febry Arya

A study from the blog of Asian Development Bank, before the pandemic, states that the informal sector was shrinking with a rapid expansion of jobseekers in modern employment. But when the pandemic hit, the last two years shook the economy and created three situations for the job market:

  • A higher number of job seekers who lost jobs, school dropouts, and new labor entrants
  • Re-allocation of jobs across sectors that results in skills mismatches 
  • Digital transformation and remote working require higher value-added services

While not everyone can be part of the top 10 highest paying jobs, knowing the salary bracket is something to ponder. If you are a graduating student, you may consider taking up additional courses that qualify you for the above industries.  

If you are contemplating a career shift, you can enroll in a course to get accreditation or specialization. You can also attend training seminars sponsored by the company and add this to your resume.

Either way, you need to upgrade your educational background and upscale your credentials.   

If you do not qualify for the top 10 highest-paying jobs in the Philippines, you still have other options. You can take a look at some of the top-paying occupations and related jobs in the industry.

These industries have survived the effects of the pandemic and are predicted to grow in the coming years.

highest paying jobs in the Philippines
Source: 2020 Occupational Wages Survey

12
of 12
Final Notes

Getting into the top 10 highest-paying jobs in the Philippines requires extensive knowledge and experience in the specific field.  Notice the years invested in the professional field, starting with higher education or specialization, getting tenure for several years of staying in the industry. 

This is the main reason why the above list of highest-paying jobs is considered successful top earners and respected in their field. 

The people with the highest paying jobs had to start from the entry or lower level, then work their way up.  In the process, they likely took additional courses or internships that reflect in their resumes. 

Like them, you can be part of the top 10 highest-paying jobs by being strategic in your choices and decisions.  

No matter your situation, you can always find room for improvement. It’s never about age or marital status to learn new things or acquire new skills. You have options that can give you a chance to apply for one of the top ten highest-paying jobs. 

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