From 2003 until now, the Philippines' Outsourcing Industry retain an impressive rate of 20% annual growth. This is due to the consistency of Filipino competency in world-class products and services.
In general, the Philippines and India are the two leading countries' destinations for global outsourcing. However, according to research engine KnowledgeFaber in September 2013, Philippines outsourcing services surpassed the Capital Region of India from 16% to 9%. despite its currency advantage over the Philippine peso. The data provided a notable expansion in the outsourcing industry. First, the outsourcing industry had grown from a cost management strategy into a procedure improvement solution, and two, the credence of international companies on the Philippines' potential to deliver great services.
Corporate Employee to Virtual Assistant
According to the report of the latest statistics on household expenditure in the Philippines, every family needs to have 40,000 pesos to sustain a decent livelihood. Currently, for college degree holders the minimum wage rate in the Philippines is 537.00 per day which is equivalent to almost 18,000 plus allowances. Nonetheless, even if both parents have full-time jobs, their income will not be enough to provide a comfortable family life. and the option is the virtual assistance industry for additional income. Filipinos have taken the title of the virtual assistant industry for the reason of demand, it provides good compensation in flexible working hours.
Virtual Assistants in the Philippines deliver a wide pool of skills. Here are the top three reasons why you hire a Filipino Virtual Assistant.
1. Top level in English Proficiency
English is the primary medium of communication in the Philippines even if the official language is Tagalog this is because of the influence of American culture in education. The Philippines rated 85% English proficiency among the countries in Asia.
2. Perfect Values Fit
Because of the colonization history of the Philippines by different countries over the globe, different cultures from other nations were handed down to various generations. Filipinos have innate skills to adopt social distinctions from different countries.
3. High Literacy Rate
In the report of the United Nation in 2019, the Philippines rated the highest literacy rate of 97.95% among Southeast Asian countries. This is because of very rigorous Educator's training and efforts.
In the Outsourcing world, Filipino Virtual Assistants can be a big contributor and help to the success of your business by providing the skills to communicate well and in technical skills which can also work with different races and cultures. Overall, Filipinos are widely known as committed hard workers giving the best of their skills.
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