A WORKFORCE THAT REDEFINES EXCELLENCE
Fluent & Creative:
The most compelling advantage that the Philippines has, as an investment destination over any other Asian country is its workforce. With a literacy rate that is one of the highest in the region (94.6%), the Philippine workforce is highly educated, skilled and productive.
Approximately 405,000 young men and women earn their college degrees annually. Of these, 110,000 are commerce/business related majors; 80,000 earn their diplomas in IT/Computer Sciences/Engineering and 35,000 Medical and Allied/ Natural Sciences courses.
The Philippines is the third largest English-speaking country in the world. English is spoken and comprehended with ease by most Filipinos. This allows Filipino teams to complete training programs in record time and positive results; understand and relay written and verbal instructions easily; and communicate comfortably with expatriates.
Fluency in English, now accepted international language of business, has spurred the growth of information technology-related businesses and business process outsourcing. At call centers, Filipino operators answer calls from the United States and other parts of the world with clarity and effectiveness.
Several multinational companies have set up backroom operations here, with Filipino teams handling processes such as accounting, medical and legal transcription, and encoding. Filipino engineers draw up the blueprints for large infrastructure projects implemented worldwide.
Philippine software companies have mastered the process of developing software on an “offshore” mode, starting with software platform conversion projects and moving on to system construction, full systems development, and systems maintenance. The workforce that offers ICT skills include project managers, system analysts/ designers, application programmers, technical support specialists, and database/data communication specialists.
The Filipino is in step with global information exchange. The National workforce is an impressive pool of highly-informed and educated workers, supervisors and managers.