Why Outsource in the Philippines?

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The reason why the Philippines is an ideal location for business outsourcing is the fact that the Philippine culture has a lot to the west. Historically, the Philippines has been a Spanish, British and American colonies. Moreover, as Western companies tend to deal with the companies in the same principles, they prefer to work with the Philippine companies.

In addition, the Philippines is a multilingual country, taking into account that have been a colony of Spain, Japan, UK and U.S. relatively large number of people can speak Chinese, Japanese, Spanish, Portuguese, Indian and English. Advantage of this language jumped the Philippines as one of the top Outsourcing destination.

Moreover, the low cost of living and availability of cheap property make the Philippines hard to resist. Since employees do not have to pay so much labor and overhead, Philippines offer an incredible savings in the cost of operations and a great return on any investment. Simply put, the Philippines remain a cheaper option. In some specific sectors, personnel costs in India have increased to approximately 60% of comparable costs in the U.S., the Philippines, only reached about 30% of these positions.

More importantly, the Philippine labor market got hundreds of technically qualified individuals who can deliver the expected results as well as its Western counterparts at the lowest possible cost. Over 80% of the Philippine labor market is literate, which is another reason why Western companies prefer to work with Philippine companies. With its cost-effectiveness and accessibility of talent and skill, the Philippines is becoming a world leader in the outsourcing industry. In fact, Philippines ranks first in terms of accessibility of knowledge-based jobs, according to the survey-based Meta Group.

For these reasons, the Philippines is obviously quite marketable. Despite its reputation as a third world country, the Philippines continue to take giant steps forward in the business outsourcing

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