Thursday 20 September 2018

Top Reasons Why Philippines Has Become a Global Leader in Outsourcing

The world is abuzz with the fact that the Philippines is indeed creating quite a ripple in the BPO sector! Call centers in the Philippines are ensuring that that they keep the investors happy and interested.
  • Call Center- It is the most important and the reason why foreign investors are attracted in the first place to the country. Plush offices are scattered all over the country and give evidence in itself that the BPO Philippines means big business!
  • IT services- IT services like programming and software development are also rising up the popularity charts and hence a reason for outsourcing to be the reason why foreign investors are queuing before the Philippines.
  • Marketing with the help of internet- This industry is gaining steady momentum. The Philippines offer nominal rate in comparison with other countries.
  • SEO- This is industry is fast climbing the popularity charts, in terms of outsourcing.
  • Virtual employees- Companies choose Filipino workers because they work for less payment.
The growth of the BPO sector in the Philippines
So what is the Philippines doing right and the other Asian nations are failing to notch up? The Data Privacy Act which keeps all information handled by the Philippines calls centres, private especially sensitive information like details of bank etc. This has helped the Philippines score big at the BPO sector.
Support of the Philippines Government
The Government supports the Philippines Call Centres completely by ensuring implementation of programmes which would be conducive to the mushrooming of business centres in the country.

Ideal Location
The Philippines is located in the business hub of Asia. The location is ideal for western countries to have dealings with not only the Philippines but rest of Asia as well owing to its strategic location.
Minimal Labour Rates
Salaries are way lower than the United States, almost 50% less. Coupled with wages electricity, communication and housing rents are much lower than the USA. But it does not necessarily mean that quality is compromised.
Talent Galore
The success of the Philippines Call Centres can also be attributed to the fact that there is a teeming population who are really talented and apt for the job.
Affinity to American Culture
Filipinos have a strong affinity towards American culture and hence they have the greater adaptability to emulate their culture and accent better. Their spoken English is much better and hence, they have a better chance of speaking the language and making themselves understood.

Professionalism Par Excellence
Professionalism seems to the Filipinos buzz-word. Yes, their values, culture, work ethics and general bonhomie creates the right kind of work atmosphere. They don’t compromise on fun and yet don’t let that tower over integrity and responsibility. That is why the call centres in the Philippines are enjoying such a good run in the market.

Time Difference does not matter to Filipinos
The reason that the country is enjoying such an elevated status in BPO Philippines is because Filipinos are very flexible and night shifts and erratic schedules do not matter to them. They are accommodating to the requirements of the clients residing in different countries.

Destination is Ideal for Work as well as Play
A country which is not only not only equipped with world-class technologies but also scores pretty high on scenic beauty. Investors can enjoy a jolly good time enjoying the beaches and also business prospects.
It is Start-up Conducive
Not only big business can reap the benefits of the outsourcing business but also small companies which are about to start can also benefit.
Economic Stability and Growth
Philippines as a country has been fairly stable for the past decade. Though its history has been marred by instances of conflicts largely owing to the dictator Marcos. But that is indeed history now, the government is ensuring that the current problems like poverty bureaucracy do not shackle the growth of the Philippines Call Centers. Also, its economic growth is quite steady growing 5% every year.
The success of the BPO Philippines industry has given an impetus to major growth spurt to the economic growth of the country as well clearly shooting almost 6% growth in Gross Domestic Product. This unprecedented growth has given rise to other industries as well creating millions of job opportunities for the people. This has prompted from young job-seekers to stay put in their country instead of moving out to other countries for seeking jobs.

Amongst the top benefits of outsourcing cost effectiveness can be regarded as the primary one. In general, it is thought that in order to seek cost effectiveness quality languishes behind. This is where the call center of the Philippines scores over its nearest rivals. It provides services which can almost be branded as impeccable.
The Philippines call centres have been in the country from 1997 but it was only after ten long years that the Philippines managed to forge ahead of its nearest competitors. In 2010, it also managed to edge past its nearest rival India. There’s nothing to stop its juggernaut as the only way the Philippines sees its growth is the upward direction. A supportive government which always takes care of its business ventures, Philippines can continue its steady run. The Philippines Government has also marked ten cities where it wants to build its hub for its call center Philippines. Davao, Metro Laguna to name just a few.
No wonder, Philippines is surging ahead and how!