11 Reasons to Outsource To The Philippines

Why Should You Consider Outsourcing To The Philippines?

1. Strong Work Ethic

Filipino people are globally known to be loyal and hard-working. The deeply rooted spirit of being family-oriented is a great benefit as an employer. Professionals in the Philippines are experienced in a variety of industries and are often college educated as well. They’re hungry for consistent work and fiercely loyal when given the opportunity to be a contributing member of any team. 

2. English Proficiency

The Philippines boasts a 95% literacy rate wherein the medium of instruction is mainly in English. Many companies outsource jobs to the Philippines because the accents of Filipinos are primarily neutral. This means they can easily be understood by Western customers.  Furthermore, the Philippines is currently ranked #22 out of 100 countries globally on the English Proficiency Index.

3. Education

According to the Philippine National Statistics Office, there are 42.5 million Filipinos in the labor force whose median age is 23 years old. The labor force participation rate is at 60.6%. The Philippines has also been recorded to have a high English proficiency rating of 60.59. They are #3 in Asia and #15 out of the top 80 countries. English is the medium of instruction in school and the official language of businesses.

4. Lowered Employment Costs

Hiring someone locally, even for an entry-level administrative position, can be more expensive than you expect. The costs start with posting ads and conducting interviews and continue to add up during onboarding, equipment assignment, and training. Then once they’re hired, you’re responsible for their salary, insurance, benefits, etc., in addition to the cost of providing office space, amenities, and more. When you come to a VA service like MyOutDesk, the only cost you have to budget for is one flat monthly rate. The VAs have their own reliable equipment, and we cover their salary, insurance, benefits, PTO, etc. You get the same experience and quality of employees, without the overhead costs required of someone local.

5. Reduced Liability

When hiring a virtual assistant, that can qualify as a deduction from the taxable income of 50% of labor expenses and consigned equipment. All legal risks are transferred to the outsourcing provider. As mentioned earlier, this provides significant cost savings as well. 

One less employee at your office means less opportunity for workplace incidents, like physical accidents, interpersonal drama, and illness spreading. This benefit to liability also extends to their work performance; when your local employee makes a mistake it’s on you entirely. If a VA makes a mistake (not likely!) we take responsibility and will work with you to resolve it accordingly.

6. Timezone Neutral Work

Virtual assistants tend to work from their own home office. Therefore, matching your work schedule and holidays is easily implemented. In fact, this creates more flexibility in their schedules and can be adjusted to your convenience – working their nights for your days, or their days for your nights, if necessary. Your outsourced professionals will be online and available when you need them, and they are accustomed to taking holidays on your schedule. 

With a MyOutDesk VA, you can be covered for any shift you desire. For example, how about 24-hour customer service? With multiple VAs on different shifts, you could have a virtual IT help desk available to your customers around the clock.

7. Increased Productivity

Virtual assistant professionals can be great for business owners looking to boost productivity. By taking on time-consuming tasks such as administrative work, inbox management, lead nurturing, and more, virtual assistants can free up business owners to focus on more high-level tasks. 

Additionally, they can provide support in areas where the business owner may not have the expertise, such as social media management or customer service. By delegating tasks to a virtual assistant, leaders can save time and energy, leading to increased productivity and growth for the business.

8. Cultural Compatibility

Since the Philippines was occupied by Spain for several hundred years and was liberated by America in the early 1900s. Filipino people are open to different cultures. They are primarily influenced by Western media and culture, thus making it easy for them to understand your culture.

9. High-Quality Infrastructure and Telecommunications

Compared to other popular outsourcing countries, the Philippines has more reliable infrastructure such as roads, power, water, and telecommunications. As a result, internet connectivity and capability are strong and more consistent. MyOutdesk has a minimum speed requirement for our virtual professional’s Internet Service Providers (ISP) and requires a backup ISP and power source to ensure that there are contingencies in place in the event of any power or internet failures or interruptions.

10. Stable and Growing Economy

The Philippines is an emerging market in Asia. Despite the global uncertainties over the years, the Philippines has been able to foster economic growth steadily. As a result, the Growth Domestic Product of the Philippines has grown slowly and consistently, averaging at least 6.6 since 2012. With goals targeting more growth shortly, this makes the Philippines a secure outsourcing choice.

11. Accomplished in the BPO Industry

The Philippine government supports and welcomes offshoring and outsourcing businesses. The business process outsourcing industry (BPO), or offshoring, has been growing over 25% each year for the past 10 years. This industry is now the second-largest, by GDP contribution, in the country. Seeing that this is a great way to support their booming population, the government supports these business opportunities.