Offshoring is the
relocation of a company from one country to another because of
financial reasons and obtaining manpower that will perform their
business operations and services in a least expensive way in order
to keep the company running. Offshoring often involves outsourcing
but that's if the company opts to hire a third party in order to do
their services and business transactions.
This kind of business
concept is widely use by large companies now a days, most specially
by the companies that is based at the US and some of the European
countries. These companies doesn't have enough budget to obtain
resources in terms of manpower that is why they seek other countries
for human resources.
Through this business
concept, there is a win-win business case scenario because companies
that sends the tasks abroad will gain from a lower cost and the
country that performs the tasks will gain from having more job
opportunities for its people. Companies who are into offshoring could
really save money from their human resource expenses because most of
them choose the countries that are belong in the third world like
Philippines. Most of these countries has lower currency values and
slow rising economy which is why employers can pay less.
Though the situation will
fall into a racist scenario, people from the said third world
countries still grab the opportunity considering that a lot of people
today are unemployed and find it hard to land for a job.
Why
Choose Philippines or Filipino workers?
Filipinos are recognized
worldwide as a hard working individuals once you put them on the
field of work. Aside of them being family oriented which drives them
to work harder in order to provide the needs of their family, they
also posses many skills and easy to be trained, has positive outlook
on their relationship with their co-workers, has a better english
communication skills compared to other nationalities and they can
easily adjust on different cultures and working environment.
These are the
characteristics that companies or employers look for when they hire
employees and these are the very reasons why companies that venture
into offshoring most likely to hire Filipino workers to perform their
business operations.
Indeed offshoring is one
of the best options a company could have in obtaining enough human
resources in a lower cost and as we can observe, there are many
establishments in different parts of our country that are built for
offshore outsourcing and its inevitably branching out and
continuously growing.
Philippines is fortunate
enough because some of the companies abroad that are venturing in
offshoring prefer Filipinos as their employee. Offshoring is not only
contributing to the rising economy of our country but also to the
growing numbers of our unemployed country people.
