Highly skilled talent is hard to come by these days, especially when you consider the fact that even the most affluent regions in the world have staffing shortages. Numerous studies found that there’s a digital skills gap plaguing the population of Europe, while Japan and Singapore currently experience talent shortages across IT, Web Development and Digital Roles. This situation could put your operations in danger of downtime if you don’t fill vacancies fast.
Offshoring to the Philippines is a convenient option to quickly offset your staffing needs, given the consistent growth of the country’s offshoring industry. An upcoming area, the Clark Freeport Zone in Pampanga, is quickly becoming an IT-BPO hub perfect for staff leasing initiatives, and today we’ll be taking a look at what the area offers.
Lower Labor Rates
Philippine salary wages are lower than a majority of global internal wages, making outsourcing to the Philippines an attractive option for locators. But what most multinationals don’t know is that offshore talent outside of Metro Manila have lower wages.
According to the National Wages and Productivity Commission sector of the Department of Labor and Employment, the National Capital Region’s daily minimum wage ranges from PHP 500-537 depending on industry, while the range for Region III (where Pampanga is located) is only 284-400 pesos. Meanwhile, Cebu has a range of PHP 313-386.
While you have the option to customize compensation packages when you use Staff Leasing services in the Philippines, the fact that salaries in Pampanga are generally lower by 100 pesos compared to Metro Manila, and is cheaper in terms of lower range compared to Cebu, makes the region an ideal place to outsource virtual teams.
Pampanga boasts talent similar to Metro Manila’s own, ensuring that employees in the area are fluent in English and capable of adapting to your business needs. Like the national standard, Pampanga boasts a 94% English literacy rate.
It’s also important to note that BPO workers in the area continue to increase by 18% yearly, and at least 60% of graduates possess Information Technology and Business Administration degrees, making them perfect for the IT-BPO and Sales roles.
While talent in Metro Manila is tried and tested, we see that even outside of the Philippine capital, talent here is as competitive as ever. KMC offers offshoring services and even virtual offices from which your leased staff in Clark, Pampanga can work from to ensure that your business processes all run smoothly. Click on the link below for more information.
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