Business Process Outsourcing (BPO) provider and Philippine’s largest private employer Concentrix continues to implore the government to allow hybrid work arrangements for IT-BPO firms without affecting their fiscal incentives.
Concentrix PH SVP and Country Leader Amit Jagga said that alternative work arrangements provide “unique benefits” for the industry and its people.
Aside from increased employment opportunities, Jagga said that hybrid work models are a timely solution considering the rising costs for fuel and, subsequently, transportation.
“If potentially higher fiscal taxes in the Philippines are imposed for work-from-home and hybrid-work employers like Concentrix, this action will erode our country’s attractiveness to foreign investors who are looking for partners who have scale and flexibility in operations and staffing,” he added.
The firm disclosed that they have partnered with the IT and Business Process Association of the Philippines (IBPAP) and the Philippine Economic Zone Authority (PEZA) in attempting to convince relevant government stakeholders to uphold hybrid work models for the industry.
Earlier this month, Concentrix gave up its government-issued fiscal incentives in exchange for a continued hybrid work setup for its more than 100,000 staff in the Philippines.