Employment to 1 Million Filipinos
Paul Rivera, the Chief Executive Officer of the job search website, says this is not an impossible target to achieve they were able to help 800,000 Filipinos find employment last year.
The BPO sector is expected to form the bulk of employers. It had 1.1 million employees in 2015, 1.2 employees in 2016, and looks on target to increase their headcount to 1.3 million this year.
Adding 100,000 workers each year is also in tune with the IT-Business Processing Association of the Philippines‘ Roadmap 2022. If everything goes according to plan, there will be 1.8 million workers by then. Revenues will also have jumped to $40 billion, up from the present figure of $22 billion. This is projected to be made possible by focusing on high-value jobs.
As proof of this, Rivera points out that those in their 30s and 40s, who are not very educated, tend to look for jobs abroad.
BPO employees in their 20s, however, are resigning their cushy jobs at multinational companies and choosing to work with startups. Rivera adds that there are several software engineer IT-related positions available, but these are often overlooked by job-seekers.
Related news
- Philippines to be greatly affected if US tightens outsourcing rules – Moody’s · 8 Feb
- Global recruitment process outsourcing forecast to grow 18% · 8 Feb
- AUS Investors Look to PH for Outsourcing · 8 Feb
Disclosure: Outsource Accelerator uses AI tools in the backend of its editorial workflow. Every article is reviewed and verified by a human editor before publication.
Stay ahead of the outsourcing industry. Join thousands of business leaders who rely on Outsource Accelerator for the news, trends, and expert insights that matter. Subscribe to our free newsletter and never miss an update.
