IT-BPM Jobs Flourish in the Philippines
The Philippine Business Process Outsourcing Industry continues to flourish in the Philippines.
The Philippines’s GDP growth is expected at 6.0% in 2022 and 6.3% in 2023 according to a report by the Asian Development Bank.
the Philippines has a 93.6% employment rate which increased since February of this year at 91.2%. On the other hand, the Philippines’ unemployment rate as of February 2022 remained the same since January at 6.4 percent. This is the lowest unemployment rate since the COVID-19 pandemic started in April 2020.
Philippine IT-BPM: A Growing Industry
The Philippine Business Process Outsourcing, particularly the Philippine Information Technology – Business Process Management (IT-BPM) Industry, is one of the key industries contributing to the Philippines’ economic growth.
In fact, IT-BPM revenues and employment grew in 2019.
In a statement by the Information Technology and Business Process Association of the Philippines (IBPAP), revenues of the information technology and business process management (IT-BPM) industry grew by 7.1 percent to $26.3 billion last year from $24.5 billion in 2018.
IBPAP said the number of full-time employees (FTEs) in the country increased by 71,000 bringing the total industry headcount to 1.3 million, up 5.8 percent from 1.23 million in 2018.
In addition, the number of full-time employees (FTEs) of the sector in the country increased by 23,000 in 2020, increasing the total industry headcount to 1.32 million.
In-Demand Philippine Business Process Outsourcing and IT-BPM Jobs
The Department of Labor Employment (DOLE) recently released its JobsFit 2022 Labor Market Information Report that looks at Key Employment Generators or KEGs which are industries/sectors with the greatest potential to generate employment and absorb bulk of the workforce in the years to come.
The following are among the list of Cross-cutting In-Demand and Hard-to-Fill Occupations in the Information Technology – Business Process Management (IT-BPM) Key Employment Generator (KEG):
- Accountant
- Animator
- Business Analyst
- Call Center Agent
- Computer Programmer
- Customer Service Associate
- Customer Service Representative
- Data Scientist
- Graphic Designer
- Human Resource Manager
- Information Technology (IT) Specialist
- Management Information Analyst
- Manager
- Medical Transcriptionist
- Real Estate Broker
- Software Developer
- Website Designer
- Website Developer
You can fill these in-demand information Information Technology – Business Process Management roles when you outsource to the Connext Global Solutions. Learn more about our IT and Development solutions here.
Find the Perfect IT-BPM Staff with Connext Global Solutions
Connext Global Solutions is an established business process outsourcing partner that provides flexible and scalable solutions that unlocks client growth.
Connext Global Solutions can create the value of an offshore subsidiary at any scale Typical outsourcing firms require a minimum commitment of a minimum of 5 up to 50 employees. Connext ensures that the client is getting the highest level of talent for the required position.
Hire, train, retain top talent and fill in the right people for the right roles with Connext Global Solutions. The company sources top talent for you and take care of your IT-BPM needs.
Partner with Connext today.
