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RP BPO Firms Set to Expand Workforce this Year

by: Karen Cayamanda

Friday, April 30, 2010 | Outsourcing News |

Expansion Plans seen in Outsourcing Provider in the Philippines

In a survey conducted by the Business Processing Association of the Philippines (BPAP), executives of BPO companies said they are going to expand their workforce from 6-50 percent and offer more complex services this year.

“First, we see a return to optimism and better prospects for rapid growth. Second, the industry is more than just recovering from slower growth in 2009. It is diversifying and transforming as a result of increased demand for non-voice and more complex services,” said BPAP head Oscar R. Sañez.

However, many survey respondents are worried that the tight labor market may hinder their expansion plans. Thirty-four percent of BPO executives said that lack of enough qualified workers is their primary concern, and the upcoming elections may affect buyer perception.

A total of 160 BPO executives participated in the survey which was conducted early this year.


Source:
http://www.bworldonline.com

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