SIXTY-TWO percent of overseas Filipinos are looking to come back home in the next five years, a recruitment firm said Thursday, ct. 19.
“This is an increase from 2021, which saw 54 percent of respondents keen to consider coming home,” Robert Walters Philippines said, citing the results of its study.
The recruitment firm said most Pinoys abroad want to come home to take care of aging parents and be closer to family in the Philippines.
Others said they just want to retain a strong emotional, social and cultural connection to their homeland.
However, 38 percent of respondents said they are reluctant to return over their concerns about the country’s economy.
Of those who said they are hesitant to return, 80 percent believe the economy is more stable overseas. Others say the salary-to-cost-of-living ratio is better abroad than in the Philippines.
Seventy five percent said they are thinking twice about returning because of differences in compensation and benefits. Some 56 percent said the standard of living in the Philippines is lower.
In addition, 33 percent of all respondents said they would only accept a Philippines compensation package that is market-aligned for their experience and the role being offered.
Robert Walters Philippines Director Alejandro Perez-Higuero said employers should consider hiring returning overseas Filipino professionals. (ABS-CBN News)
