LinkedIn: Filipinos among most confident in Asia-Pacific on opportunities to get ahead
The Index is a composite measure that seeks to understand how people perceive opportunity and more importantly, barriers that may prevent them from getting to those opportunities. The research surveyed over 11,000 respondents in nine markets in the Asia Pacific region - Australia, Chinese Mainland, Hong Kong, India, Indonesia, Japan, Malaysia, the Philippines, and Singapore. The Philippines ranked third along with the Chinese Mainland on the LinkedIn Opportunity Index, with Indonesia and India taking the top two spots. On the other hand, more developed markets such as Japan, Hong Kong, and Australia trailed in the Index as people in these markets expressed concerns over the economic outlook, and generally felt more cautious about their chances of accessing and achieving success with opportunities that are relevant to them. “We believe access to opportunity should be universal and for everyone. With the inaugural LinkedIn Opportunity Index, our aim is to gain an insight into the aspirations of people across the Asia Pacific region, how they feel about the opportunities they want to pursue, as well as the barriers that may stand in their way. The growing workforce in the region is a key asset that, if harnessed effectively, is going to continue to drive the economies. Over time, by tracking people’s perception of opportunity and the barriers they face, we hope we can continue to facilitate more of a balance between demand and supply in the opportunity marketplace,” said Olivier Legrand, Managing Director, LinkedIn in Asia Pacific. Key Highlights of LinkedIn Opportunity Index 2018: - Starting own business is top opportunity for respondents in the Philippines More than half, or 53 percent, of respondents in the Philippines see “starting my own business” as their definition of opportunity. They are similar to respondents in Indonesia (50%) who are interested in entrepreneurial pursuits. In contrast, respondents in Australia (13%), Hong Kong (13%) and Japan (7%) are least likely to embark on new ventures. Similar to many respondents in APAC, many respondents in the Philippines hope to achieve or maintain work-life balance. A significant 44 percent of respondents in the country have identified “having a job which offers good work-life balance” as their ultimate definition of opportunity, slightly above the APAC average of 40 percent.