Highly Educated and Skilled Workforce
The Filipino workforce is one of the most compelling advantages the Philippines has over any other Asian country. With higher education priority, the literacy rate in the country is 94.6% — among the highest. English is taught in all schools, making the Philippines the world’s third largest English-speaking country.
The Philippine public and private university system combined produces 360,000 graduates per year. Among these graduates, 30,000 to 50,000 are technically proficient, with degrees in computer science and programming.
Another 50% of the total graduates have degrees in business administration, marketing / communications and other courses that are ideal for Australian, UK and US organisations.
There is a significant offshore advantage in terms of labor cost in the Philippines. Wages are typically less than a fifth of that in Australia, UK and United States. Local communication, electricity, and housing costs are also 50% lower compared to the Australian, UK and USA rates.
Strong Work Ethic
Filipinos have an excellent work ethic. Employers can expect them to work long hours without compromising high productivity level. They are also very loyal and dedicated employees, resulting to low attrition rates.
The over-all infrastructure (including power, water, roads, and telecommunications) of the Philippines is favorably comparable to India and China. Communication provides redundant international connectivity 24/7 with fiber optic cable as primary backbone network and satellite as backup.