Quick background about me
I’m a guy in my early 30s and wanted to share my career progression story. Maybe it can help someone out there. All amounts are in PHP monthly unless I mention otherwise.
The Journey
2010: Fresh graduate from state university. First job was as a communications associate at a local NGO focused on environmental projects. Pay was ₱12k per month. Had to do freelance writing jobs on weekends just to pay rent. Shared an apartment with 3 roommates near Makati.
2012: Got promoted to business development role at a regional company. Salary jumped to ₱35k.
2012-2014: Moved to a mid-sized corporation as BD manager. Started at ₱55k, got bumped to ₱75k after 8 months. Company had good benefits and 13th month pay.
2015: Major career shift when I became local representative for a US-based renewable energy firm. Salary increased to ₱150k. This was my breakthrough moment, but the downside was no salary growth for 5 years because the company struggled with local permits and regulations.
2020: Decided to pursue MBA in Europe. Parents helped with half the tuition cost. Studied one semester in person before everything went online due to the pandemic.
2021: US consulting company hired me remotely thanks to my MBA coursework plus industry experience. Starting pay was ₱250k, full work from home setup.
2023: Finished MBA and joined another consulting firm on the US West Coast. The MBA really opened doors in consulting. Salary went up to ₱300k.
2024: Promoted to senior consultant. Now earning USD 650 per day which equals roughly ₱700k monthly or ₱160k USD annually depending on exchange rates.
Key Takeaways
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Luck plays a huge role - About half of career success comes down to being in the right place at the right time. Skills matter but timing and opportunities are equally important.
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Starting salary means nothing - I felt hopeless earning ₱12k but every job taught me something valuable that helped later.
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Lifestyle inflation is real - Funny how I became more careful with money as I started earning more.
Common Questions
How did you jump from ₱75k to ₱150k?
I met the US company executives through my previous corporate job. We had dinner meetings in BGC and they offered me the country rep position. This happened in 2015 when renewable energy was hot in the Philippines due to new government policies encouraging foreign investment.
What about taxes?
I structure my income to keep effective tax rate around 12%.
Are you based in the US now?
Still in Manila. The cost of living adjustment wouldn’t make sense if I moved to the US. I can save about 70% of my after-tax income here.
Hope this helps someone! Happy to answer questions about consulting or career transitions.