Advantages of Outsourcing to the Philippines
Choosing to outsource is a smart decision for any business, as it can save you both time and money. The Philippines offers great advantages to companies in that it has a skilled workforce, economic growth, and the ability to provide holiday breaks.
Labor costs
Getting your hands on low-cost labor is one of the major reasons companies choose to outsource call centers to the Philippines. Aside from a low cost of living, Filipinos have a well-educated workforce that is known for its high level of professionalism and hospitality.
Hiring talent in the Philippines can save you up to 70% of your employment costs. Hiring workers in the Philippines allows you to maximize your efficiency and get more done in less time. It also allows you to hire the best talent in the industry.
Call center work in the Philippines is among the highest paying jobs in the country. The average salary for a Filipino call center agent is estimated at $7,395 per year. This salary can meet the needs of a family.
The labor costs in the Philippines are also half that of the US or UK. This is one of the major reasons why the Philippines is the hottest outsourcing destination for business process outsourcing (BPO).
The Philippine government is also encouraging practical training for BPO workers. Depending on your company's needs, you may be able to take advantage of this opportunity to enhance your company's operations.
Work-life balance
Having a work-life balance has become a very important issue for many workers. A lack of a balance can be unhealthy and can cause employees to miss out on important things in life. It can also lead to increased stress and sickness. In the corporate world, companies are starting to focus on the importance of work-life balance.
The Philippines is an important hub for business process outsourcing companies. Many of the country's top universities produce thousands of highly skilled graduates every year. With a median age of around 25.7 years, there is a growing pool of talent entering the Filipino workforce.
Many Filipino outsourcing industry workers are benefiting from improved work-life balance. They no longer need to commute to work, and can take advantage of their new flexible schedule.
Work-from-home is becoming the norm in the Philippines. Remote workers are enjoying the benefits of working from home, including no commute and a quieter environment. But they also have to keep up high standards of service delivery and avoid moonlighting. They also have to maintain security for their IT systems.
Holidays in the Philippines
Whether you are planning to outsourcing to Philippines or planning to have your own outsourcing business, you will need to know which holidays to observe. The holidays that the Philippines observes can be either regular or special. When you know the holidays that the Philippines observes, you will be able to plan ahead and schedule your projects.
Normally, Philippine holidays are categorized into two types: regular holidays and special non-working holidays. The regular holidays are those that have fixed dates. On the other hand, special non-working holidays are those that do not have fixed dates. Usually, these holidays are observed on a localized basis.
The Philippine government usually announces dates for regular holidays according to the Philippine government calendar. However, there are times when the government may declare impromptu holidays. In these cases, the President of the Philippines is mandated by law to issue a Proclamation before the holiday.
During regular holidays, employees are entitled to 100% of their daily rates. However, on special non-working holidays, employees are entitled to an extra 30% of their daily rates.
Economic growth
Whether you're looking for cost savings, quality service, or high-caliber talent, the Philippines offers some of the best outsourcing options in the world. It's no wonder so many companies, from the United States to Western Europe, are outsourcing their customer support and back office operations to the Philippines. Whether you're a large enterprise or a small business, outsourcing is a great way to save money and reallocate your savings to other areas.
One of the most important reasons why the Philippines is an outsourcing hotspot is the cost. A lower cost of living in the Philippines leads to lower prices for goods and services. It also helps to keep operational costs down.
Outsourcing to the Philippines also provides companies with an attractive workforce that is skilled and educated. Filipinos are renowned for their excellent English language skills, making them an attractive option for companies from the United States and Western Europe.
The Philippines has also become a top choice for back office staff, primarily because of its low cost of living. Filipinos are also very friendly and have a great work ethic. Many outsourcing companies offer employment to local Filipinos and support their communities.
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