Why the Philippines

Cultural Compatibility

  • English is the primary language of business
  • Schools teach in English based upon the U.S. education system, including American-style diction and pronunciation of the English language
  • Cultural affinity with Western markets and customs

Low Costs

  • The Philippines is one of the lowest labor-cost providers, with total labor costs at a small percentage of the cost of equivalent jobs in the U.S.
  • Overall, offshore teams should operate at about 50% of onshore costs

Highly Skilled and Available Workforce

  • High literacy rate (95.9%) and widely available higher education
  • Reputable universities providing large numbers of candidates entering the workforce every year
  • Growth of local opportunities through outsourcing leading to increasing numbers of skilled workers staying in the Philippines

Economic Growth and Stability

  • Stable government for more than a decade
  • Government support through establishment of outsourcing hubs, IT parks and economic zones throughout the country
  • Competitive economic incentives through the Philippine Economic Zone Authority (PEZA)
  • Legal system with firm contract law and intellectual property protection similar to the U.S.
  • Accounting systems that were modeled after general accounting procedures used in the U.S.