A lot of people believe that the best way to outsource to the Philippines to hire Filipinos on a contractual or part-time basis. They often go to ODesk or other freelancing sites to look for employees that they pay by the hour to get the job done.
This type of outsourcing does work and websites like ODesk can help you make your business more successful. However, hiring Filipino employees full-time for certain jobs can be better for you and your employees in the long run. Here are 5 reasons why giving Filipinos full-time jobs can be beneficial for your business.
1. You get employees that are fiercely loyal and willing to work exclusively for you.
With contract jobs, they know that the work is temporary and it will end at some point. If you hire a Filipino employee on a contract basis, you can almost always one of two things to happen. First, he or she could also be working for someone else. Or second, he or she could be actively searching for the next job while working for you.
You can’t take it against them for doing this because they need the job.They have people depending on them and responsibilities. If you can’t guarantee them that they’ll always have a job with you, they’ll always be looking for that next job, the next employer.
Once you find a great employee, it’s best to grab him and offer the guy a full-time job. The assurance that he’ll have a paycheck week after week will give him peace of mind. He doesn’t have to constantly update his resume to look for new employers because he knows he has a place in your business. He’ll be able to focus more on doing better work for you alone and no one else.
2. You get a Filipino employee who’s passionate about making your business successful as you are.
There’s a lot of temporary work available in the Philippines and not enough full-time work. When you give these guys a full-time job, for them it’s like hitting the jackpot.
In the Philippines, having a stable job is a pretty big deal. So once they find a full-time job they’ll do their best to keep it. Having a full-time job in a company makes them feel like they’re part of something. They become just as invested in making your business successful. They care because they believe that what they’re doing means something.
As a result, they work harder and better. Eventually, it’s more than just the money for them. It’s becomes a matter of pride. You made them part of something big and your success is a reflection of what they can do.
3. It’s cheaper for you to hire them full-time on a monthly salary than paying them by the hour.
At first glance, hiring a contractor for $3 an hour looks like a bargain. But when you multiply that by 40 hours a week and 4 weeks a month; that becomes $480 a month. And when you factor in payment charges like PayPal, commission charges, and bonuses you’re really shelling out at least $500 a month for an employee.
Why spend $500 a month on a freelancer when you can get a full-time Filipino employee for just $300 a month? When you do the math; that translates to less than $2 an hour! And full-time employees are tax-deductible business expenses! Even with payment charges and bonuses, you’re still spending a lot less than you normally would with the cheapest contractor available.
4. Every training you give your employees becomes an added investment to your business, not a loss.
Contractors never stay. If you never give them a full-time job, they will always leave you in search of greener pastures. And when they leave, they take away with them the training that you’ve given them and the experience they’ve gained from working with you. This means you’ll have to invest more time and money in training a new guy every time somebody leaves.
You’ll never have that problem with full-time employees. You only need to train them once and with every new training that you give them, they become better employees. They gain more skills and experience and you get to take advantage of that, not someone else.
5. You’ll have a business that runs itself and have the freedom to live the 4 hour work week.
With contract workers, you always have to there to watch over them because you’re paying them $3 an hour. If you forget to give them a day’s worth of work, that’s $25 bucks down the drain. You can never walk away from your business and live the 4 hour work week because you always have to make sure that they have a job to do.
But when you give a Filipino a full-time job, he’ll never run out of things to do. With the training you’ve given him, he’ll know what he needs to do day after day so you don’t have to constantly remind him what he has to do.
And if he does runs out of things to do, three things can happen. First, he can look for other things to do for your business that you’ve never though of, which is good for your business. Second, he can go through training or review his training, which is also good for you. Third, he can slack off a bit which is not that bad because you’re only paying him less than $2 an hour.
Giving Filipinos full-time jobs makes more sense for you, for your employees, and your business. I’m not saying you can’t hire contractors or part-time employees. I’m just saying that if you want to get the most out of your Filipino employee, giving them full-time jobs is always a better option.