Outsourcing to the Philippines has been happening since 1992

Did you know that it’s been 30 years since foreign companies have been offshoring their needs to the Philippines? In fact, the country’s government established a special economic zone to support offshoring in 1995. Since then, many hundreds of more offshoring and outsourcing companies have built business operations in the Philippines, and now collectively employ over 1.4m people. 

But what makes the Philippines a Top Offshoring Destination?

Filipinos are known not only for their hospitality but also for their good work ethics and large pool of skills. It is safe to say that Filipinos can give more favourable results than the other labour forces. Who wouldn’t like that right? Additionally, Offshoring in the Philippines can help you cut your operating cost without compromising the efficiency and growth of your business. 

 

Below are the reasons why the Philippines is a good place to outsource your staffing needs.

Cost efficiency

Businesses can cut their operational costs by up to 50% to 70%, and the daily salary of talented Filipino professionals is comparably lower than the hourly salary of an employee in Australia, Europe, or the US. 

Cultural compatibility

Filipinos are naturally flexible people allowing them to seamlessly adapt to new environments and circumstances. Regardless of where they are placed, Filipinos have a remarkable ability to integrate themselves with ease. This adaptability and versatility are reflected in the performance of Filipino outsourced teams, who can readily adjust to the needs of their clients and seamlessly integrate with their existing operations.

English proficiency

English language is widely used in the Philippines and is considered an integral part of Filipino culture. Approximately 70% of Filipinos are fluent in this language, thanks to early exposure through their education, media, and entertainment. In the latest edition of the EF English Proficiency Index, the Philippines was ranked 13th globally for its level of English proficiency and was ranked third in Asia, after Singapore and Malaysia.

Highly skilled & flexible workforce

Every year, local universities and colleges produce an addition of 500,000+ to the pool of skilled and qualified professionals. As per experts, the Philippines will continue to benefit from this young and talented workforce in the coming years. Beyond just resulting in an abundant supply of manpower, the statistics also amount to a highly educated workforce boasting a literacy rate of 97.5%

Time zone neutral

The Philippines workforce is highly geared towards 24/7 coverage, regardless of your company’s time zone the Philippines can cover your time zone. There is still more than 60% of the outsourcing workforce in the Philippines that work the night shift to cover US hours, equally rotating shifts and the weekend cover is also very standard and accepted conditions.

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