Philippine Outsourcing Industry Aims For 120,000 More Jobs in 2012

On September 6, 2012, in Outsourcing, by Business Development Group
Outsourcing companies in the Philippines operate across a wide array of industries and business sectors including consulting, information technology, engineering, finance, manufacturing, customer support services, public services, healthcare information management, security, real estate, and many others. The industry sees high demand of skills such as leadership, strategic thinking, and English-language skills.

Outsourcing companies in the Philippines operate across a wide array of industries and business sectors including consulting, information technology, engineering, finance, manufacturing, customer support services, public services, healthcare information management, security, real estate, and many others. The industry sees high demand of skills such as leadership, strategic thinking, and English-language skills.

The Business Processing Association of the Philippines (BPAP), the country’s “umbrella association” for its information technology and business process outsourcing (IT-BPO) industry, has announced its target of creating 120,000 new jobs this year. This is in line with its efforts in achieving the Philippine outsourcing industry’s revenue target of $27.4 billion and employing 1.3 million Filipinos by 2016.

“The IT-BPO and GIC [global in-house center] industry has grown rapidly, so has the demand for a skilled workforce,” said Benedict Hernandez, president and chief executive of BPAP.

Related Article: BPO industry aims to create 120,000 new jobs this year

BPAP is currently working with various government and private groups to address one of the most pressing concerns the industry is facing today— the skills and talent supply gap.  The phenomenal growth of the Philippine outsourcing industry has led to a growing demand for professionals especially in the growing non-voice services sector. BPAP, its partners, and industry leaders are currently undertaking a series of “visibility initiatives” to highlight the career opportunities in the Philippine outsourcing industry.

Related Article: Outsourcing industry to employ 1.3M by 2016

Outsourcing companies in the Philippines operate across a wide array of industries and business sectors including consulting, information technology, engineering, finance, manufacturing, customer support services, public services, healthcare information management, security, real estate, and many others. The industry sees high demand of skills such as leadership, strategic thinking, and English-language skills.

Related Article: IT-BPO sector sees $27.4-B revenues by ’16

Work pool sustainability will also be one of the global issues to be highlighted at the upcoming Fourth Annual International Outsourcing Summit. The IOS, themed “Global Market Leaders Addressing Global Issues,” will be held on October 7 to 9 in Makati City, Metro Manila.

Related Article: The Philippines to Host the Fourth Annual International Outsourcing Summit

 

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