Wednesday, February 22, 2017
BPOs cautious on expansion due to Trump
Expansion projects in Dumaguete, Cebu and Davao have been pushed back to the middle of the year, from the first quarter, said Philip Gioca, country manager of Jobstreet.com.
"They have a wait and see attitude. They are very cautious and still awaiting directions in the American government," Gioca said.
Trump, who assumed office in January, has signalled a more protectionist US, threatening the outsourcing industry, though his recent moves have largely centered on bringing manufacturing jobs back home.
Despite uncertainty over Trump, Jobstreet.com data showed a 20-percent increase in job demand from the BPO sector.
BPO and small and medium enterprises, both expanding in the provinces, have fueled job demand, data showed.
Nearly half, or 44 percent of postings on Jobstreet.com in 2016 are in the provinces, up 16 percent over two years. These are mostly in Cebu, Davao, Iloilo, Bacolod, Pampanga and Batangas.
The government's infrastructure push is helping transform sleepy towns into investment hubs, Gioca said.
"Employees' preference is also always working within their locale," he said.