Search

The Philippines as One of the Top Outsourcing Hubs in the World

The Philippines is well-known for its breathtaking natural wonders. Foreign tourists fly thousands of miles only to see the country's stunning elegance. But, as attractive as the places are, this lovely country's true riches lie not in its scenic tourist destinations but its citizens. It's not shocking that the Philippines is one of the most popular outsourcing destinations in the world. It's one of the best ways to attract the right candidates for any role that needs to be filled due to its rising industry and surplus of highly qualified personnel. Outsourcing to the Philippines is suitable because of its favorable economic climate and broad talent pool. In reality, overseas Filipino remittances and income from business process outsourcing are the top two foreign currency earners that have benefited the economy. Both, in part, derived from the country's considerable workforce.



Improvements in the Economy


The Philippines' economy has been slowly growing over the years, with steady growth for the past years. The Philippines has been dubbed the fastest-growing economy in the ASEAN region by the World Bank. The World Bank's GDP growth projection falls even shorter of reality, with the nation rising at a faster-than-expected 6.9% in the third quarter of 2017. Even if public finances are slowing, this increase is projected to continue for the next few years.



Talent Pool


The Philippines is known to be in a demographic sweet spot, as Filipinos are among the world's youngest, with a median age of 23.1 years. You can see this as someone who has just graduated from college, meaning that you have young, capable, and dependable human capital. The nation has a considerable talent pool, with the educational system annually delivering thousands of college graduates in several fields, and this has resulted in a population that is exceptionally trainable and has a low learning curve. They are well-educated and fluent in English, completely removing the language barrier. They are often made up of people who are customer-focused who can quickly relate to various cultures. You won't be disappointed with this exceptional group of people because of their high degree of dedication and loyalty. If you want to find the best Customer Service Representatives, Appointment Setters, Virtual Assistants, Cold Callers and Telemarketers for your business in California or Florida, look no further than Mancao E-connect Business Solutions (MeBS). For more details, feel free to visit www.mebsph.com/ or contact our company at +1 (917) 725 2180.


0 comments