Best Reasons to Outsource to the Philippines

Philippines and Business process outsourcing are almost pronounced in the same breath.  So, why is Philippines scoring big in the BPO department while the other countries are falling short? There are not one but several reasons why the Philippines is slowly but surely taking over the outsourcing world. 

Support of the Philippines Government

The Government supports the Call Centres in the Philippines by implementing programmes which will help develop the outsourcing industry. The government helps the industry by providing tax breaks and ensuring that the industry is able to meet up to its workforce requirement. Some of the things which are really helping the industry are:

• University tie-ups that are part of the curricula and can be constructed to help in the workforce who would be working in the near future. 
• The Technical Education Skills and Development Authority (TESDA) that helps extend funding support for call center training. 
• Foreign investment gets a tremendous boost when taxable and non-taxable incentives are offered to foreign investors.
• The government’s initiative in creating National and Communication technology councils are further boosting the prospects of the call center in the Philippines.

Ideal Location

The Philippines is located in what is called the business hub of Asia. The location acts as a gateway to western countries to have direct dealing with the Philippines but the rest of Asia as well thanks to its strategic location. 

Minimal Labour Rates

Most of the BPO companies pay less to the employees in comparison to the other countries. So, despite them paying less quality of work is not compromised in any way. 

Pool of Talent

The outsourcing industry greatly benefits from a talented pool of workers. They give a big boost to this industry in a number of ways. 

Similar to American Culture

Filipinos have a strong affinity to American culture and hence they are able to adapt well to their accent and also emulate it better. They speak the English language well with the required accent. 

Work Ethics Par Excellence

The Filipinos take pride in their professionalism. They have the right values, culture, work ethics, and create a work-conducive work atmosphere. They have fun but they also amalgamate it well with generous doses of integrity and responsibility.

Time Difference does not matter to Filipinos

 Filipinos are said to be very flexible with night shifts and handle erratic schedules better. They are accommodating to the requirements of the clients residing in different countries.

The destination is Ideal for Work as well as Play

Let’s just say it is not difficult to lure investors to the Philippines. The scenic beauty complete with historical sites helps in its business prospects too. 

It is Start-up Conducive

Both big business and small businesses thrive in this market.  Companies can get competent employees at a low pay scale, this improves the prospects of small scale businesses. 

Economic Stability and Growth

Philipinnes as the country is politically stable and the economic growth is growing 5% every year. Even the global recession has not been able to affect economic stability in any way. 

The success of the BPO Philippines industry has provided a major growth spurt to the economic growth of the country which is quite evident as the country has enjoyed a 6% growth in Gross Domestic Product. This unprecedented growth has provided millions of job opportunities for the people. This prevents the situation of brain drain in the country. Young Filipinos want to stay put in the country as they are lured by exciting job opportunities and they do not have to move out of the country for better opportunities.