Gain More - Outsource in the Philippines
Outsourcing ends up being every foreigner's ideal resort in order for their businesses to survive amongst worldwide recession. It has also tested its huge contribution to the development of the Philippine economy.
The increasing quality of foreign employers looking for solutions in the Philippines simply proves how capable the Filipinos are in providing high-quality services almost equivalent to what employers get from their nearby employees, ONLY CHEAPER.
Check out more of what you can gain, and how you and your company can profit in outsourcing in the Philippines!
Outsourcing - What exactly is it?Gather a brief meaning of what Outsourcing really is.
Outsourcing is the subcontracting of an overseas company to perform services for example customer service, back-office jobs like bookkeeping, tech support, encoding, virtual assistance etc.
In the current times, outsourcing is most commonly defined in instances where an IT company gives the technical and even customer service support to a third-party company to do the job. Then again the main objective why for example, a US company prefer outsourcing their customer support support department to offshore countries like India and Philippines is because of the Cost of services. The comparative quality compared to of what the local employees is able to offer, is of course a Big Plus!
Why Outsource?
Are you still in doubt on why you should outsource? Well, here's exactly why...
Nowadays, the rate per hour for a highly-qualified US employee is $10. So for an 8-hour, 5-days per week work, youd have to pay $400 a week just to get the weekly job done. Not to say, that this is just the minimal fee.
However, outsourcing allows you to extend your money and save a lot more. Instead of paying $10 minimum per hour, you can already get an employee offshore with an equal amount of work quality at a $5-6 per hour!
It is clearly the primary reason why many foreigners invest outsourcing in other countries, preferably Asian.
Reasons of Outsourcing
Organizations that outsource are seeking to realize benefits or address the following issues:
Cost effective - The lowering of the overall cost of the service to the business. This will involve reducing the scope, defining quality levels, re-pricing, re-negotiation, cost re-structuring. Access to lower cost economies through offshoring called "labor arbitrage" generated by the wage gap between industrialized and developing nations.
Focus on Core Business - Resources ( for example investment, people, infrastructure ) are focused on developing the core business. For example often organizations outsource their IT support to specialized IT services companies.
Cost restructuring - Operating leverage is a measure that compares fixed costs to variable costs. Outsourcing changes the balance of this ratio by offering a move from fixed to variable cost and also by making variable costs more predictable.
Improve quality - Achieve a step change in quality through contracting out the service with a new service level agreement.
Outsourcing ends up being every foreigner's ideal resort in order for their businesses to survive amongst worldwide recession. It has also tested its huge contribution to the development of the Philippine economy.
The increasing quality of foreign employers looking for solutions in the Philippines simply proves how capable the Filipinos are in providing high-quality services almost equivalent to what employers get from their nearby employees, ONLY CHEAPER.
Check out more of what you can gain, and how you and your company can profit in outsourcing in the Philippines!
Outsourcing - What exactly is it?Gather a brief meaning of what Outsourcing really is.
Outsourcing is the subcontracting of an overseas company to perform services for example customer service, back-office jobs like bookkeeping, tech support, encoding, virtual assistance etc.
In the current times, outsourcing is most commonly defined in instances where an IT company gives the technical and even customer service support to a third-party company to do the job. Then again the main objective why for example, a US company prefer outsourcing their customer support support department to offshore countries like India and Philippines is because of the Cost of services. The comparative quality compared to of what the local employees is able to offer, is of course a Big Plus!
Why Outsource?
Are you still in doubt on why you should outsource? Well, here's exactly why...
Nowadays, the rate per hour for a highly-qualified US employee is $10. So for an 8-hour, 5-days per week work, youd have to pay $400 a week just to get the weekly job done. Not to say, that this is just the minimal fee.
However, outsourcing allows you to extend your money and save a lot more. Instead of paying $10 minimum per hour, you can already get an employee offshore with an equal amount of work quality at a $5-6 per hour!
It is clearly the primary reason why many foreigners invest outsourcing in other countries, preferably Asian.
Reasons of Outsourcing
Organizations that outsource are seeking to realize benefits or address the following issues:
Cost effective - The lowering of the overall cost of the service to the business. This will involve reducing the scope, defining quality levels, re-pricing, re-negotiation, cost re-structuring. Access to lower cost economies through offshoring called "labor arbitrage" generated by the wage gap between industrialized and developing nations.
Focus on Core Business - Resources ( for example investment, people, infrastructure ) are focused on developing the core business. For example often organizations outsource their IT support to specialized IT services companies.
Cost restructuring - Operating leverage is a measure that compares fixed costs to variable costs. Outsourcing changes the balance of this ratio by offering a move from fixed to variable cost and also by making variable costs more predictable.
Improve quality - Achieve a step change in quality through contracting out the service with a new service level agreement.
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