On our blog published in December 2021, we tackled Employee Leasing and the reasons why small-to-mid-sized companies should consider it: (1) Having less HR work, (2) Cost-Saving, and (3) Having a part of the team.
This time, let’s drill down a little deeper into this subject. Most importantly, to shed some light on the reasons why Staff Leasing, Contract Staffing or Employee Leasing from the Philippines serves as the best option for companies in hiring manpower from a third party contractor.
High English Literacy Rate
The Philippines has more than 95% of its population who are English-literate.
According to the Philippine Daily Inquirer, based on the EF English Proficiency Index, the country received a “high proficiency” level in the English language and ranks 2nd highest among countries in Asia and 14th globally. The Filipinos’ ability to speak in English also caused the country to be one of the most popular countries for BPO.
Filipinos are known for being hospitable and culture-rich.
Having been colonized by Spaniards, Americans and Japanese in the early part of its history, the Filipinos were innately exposed to different influences from Southeast Asian and Western countries. Adapting to cultural differences is embedded among them.
Relative to its neighboring countries, the Philippines having low labor cost tops it all among others why foreign investors are interested in operating or expanding in the Philippines.
This remains as the biggest reason why companies outsource to the Philippines. Besides saving on labor costs, companies can also save on other operating or overhead expenses when they lease offshore such as office space, HR and legal costs.
Furthermore, under the offshoring model, businesses can get the best of both worlds – (1) the ability to remain in complete control of their business process, and (2) partnering with an experienced specialist in a low-cost, yet highly skilled labor market.
At The Studio Bridge, Employee Leasing has been one of the proven expertise for clients who are benefiting from dedicated headcounts and adaptable professionals – composed of Designers, Illustrators, Animators, Prepress Specialists and Project Managers and more.
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