12 Feb The Philippine Workforce Advantage
To accommodate the increasing demand in outsourcing services, the Philippines had opened its gate to foreign investors to be of service and deliver information technology services and business process operations. The emergence of outsourcing industry in the Philippines had paved its way for the Filipino work to become globally competitive in terms of KPO (Knowledge Process Outsourcing) and BPO (Business Process Outsourcing). This makes the Philippines to rank second in offshore outsourcing destinations next to India.
Outsourcing to Philippines is more about delivering various outsourcing solutions that will greatly help small and medium sized enterprises in gaining business productivity while giving them dramatic cost savings services without sacrificing the quality of the end-product produced. This extends the fact that hiring and outsourcing to Philippines is much more economic in terms of corporate financing and management of business expenditure. The Philippine workforce wages are typically less than or typically a fifth of their wages based on Western and European countries. Infrastructure, electricity and housing costs are also 50% lower compared to the US rates that will surely give any business an estimate of 60-70% total cost savings.
Philippine IT companies are now catching up to match or surpass international quality set standards and are ensuring that they stay ahead through stable quality systems and quality improvement. The Philippines is also known to have natural resources which lie in its abundant technically skilled manpower. The Philippines is also proud to have a large resource pool of computer literate, competitive information technology skilled professionals that are highly proficient in both oral and written English language.
No Comments