Are we aware why there are a lot of Business Process Outsource companies in the Philippines? No? Alright, yes we are. That's because we offer cheap labor. Why? Simply because jobs are not enough to accomodate job-hunting Filipinos. There are needed services, but the budget for jobs is not enough to sustain salaries. Thus, you would see a lot of people working for different works but bearing one job title. We have manpower, but we don't have financial resources.
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But according to an economist who quoted from HERE, that once dollar falls to 39 Philippine Peso, many of these BPO companies might close. Well, a sad realization that we cannot get happy enough when our own currency strikes against foreign currencies. We're just too dependent on imported - not just goods - but with JOBS.
I really hope our nation would soon come up with a strategic plan to somehow sustain our own people with our own companies.
Just me,
Phioxee
P.S I'm a call center agent, and I'm not thankful that I have to work for foreign companies and let them use my capabilities.
