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The Philippines’ business processing outsourcing (BPO) sector now employs 1 million people, increasing nearly tenfold from the 103,500 figure in 2004. The booming BPO industry helps provide well-paying jobs not only for direct hires but also for support positions. additional support jobs. Reference: – [link].
It is because its BPO is the fastest-growing segment of the IT industry. Microsoft is still in tight partnership with the Indian BPO industry. However, India’s communication problems have long been inflicting its BPO industry. However, with the high attrition rate in India’s BPO sector, this may fall through.
For many business owners who are new to outsourcing, especially to offshore locations, the fact that it’s the foreigners who will do a job for them makes them uncomfortable. Have peace of mind by outsourcing your transcription services to a legitimate, reliable and professional BPO! Contact us now!
In fact, since 2004, the nation’s BPO market share has increased by three times, from 4% to 12.3%. The Philippines is regarded as a powerhouse in the BPO sector. Why exactly is the Philippines such a hotbed for BPO, and what does that signify for businesses looking for flexible outsourcing solutions?
They first delegated their technical support in India as early as 2004. Paypal’s initiative in outsourcing most of its customer service-related tasks not only favors its users, but it’s also a smart move for them to save on labor costs while providing job security to employees worldwide.
” A BPO company takes care of all marketing, inbound, and outbound calls. All these while giving you hiring, training of agents, and providing real-time reports with the use of sophisticated BPO technology. Most agencies will not only get the job done, but they will also do it in different ways.
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