The benefits of choosing to hire Filipino workers remotely

In an interconnected world, businesses are increasingly turning to remote work to tap into a global pool of talent. The country has become a popular destination for remote hiring because of the professionals’ affordability and strong English proficiency. Keeping this in mind, it is not easy to hire employees in the Philippines for challenges such as payroll, compliance with local labor laws, not submitting the W-8 BEN form, and so on. This is where Global Squirrels steps in to help you and your business hire top talent who meet all your business requirements.

If you are planning to hire Filipino staff, you have come to the right place. In this blog, we will get into numerous advantages of doing so, from cultural compatibility and cost-effectiveness to work ethic and technical expertise.

Hire Filipino staff: the benefits of working with them

Readiness to work in the U.S. timezone

Filipino professionals are often willing and able to work during US timezone hours. This flexibility is critical if your business works across multiple time zones, enabling real-time collaboration and communication. Being able to adjust your schedule to work with international clients is something that many Filipinos are accustomed to adjusting, which makes them perfect for jobs that require you to be available during US business hours.

English proficiency

The Philippines is the 2nd highest in Asia and 20th in the world for English proficiency according to the English Proficiency Index (EPI). Around 80% (57.4 million) of adults can understand written and spoken language, and 69% (49.5 million) of Filipinos can write the language. This fluency is due to historical influences, such as American colonization, which made English, the colonizing language, the medium of instruction in schools and universities. English is also used in media and daily life, which not only reinforces communication skills but also adds to the overall soundness of your English. Filipino workers are great communicators, and they can work well with the rest of the remote teams.

Affordable hiring costs

It is more cost-effective to hire Filipino professionals than it is to counterparts in Western countries. The lower cost of living in the Philippines allows you to source your labor at a much lower cost without sacrificing quality. This affordability makes the Philippines an enticing option for offshore outsourcing of different roles, including customer service and digital marketing. This cost advantage can be used by the company to get a highly skilled workforce to deliver high-quality work.

Also Read: Employee Benefits and Compensations in Philippines – All You Need to Know

Challenges you may face when you hire Filipino workers

Obtaining the W-8BEN form

This document is vital because it confirms they are not a US resident for tax purposes. However, if completed incorrectly, this form can cause legal risks. If your hired worker does not submit the W-8BEN form, you will both be exposed to unnecessary withholding taxes and the risk of non-compliance with IRS requirements. Additionally, without this documentation, you may lose out on the benefit of valuable tax treaty reductions of applicable tax rates.

Huge markups charged by BPO/staffing agencies

When you hire talent in the Philippines via BPO/staffing agencies, they will charge 40-50% more than your budget by adding extra fees and huge markups. This can affect the way you hire staff in the Philippines, especially if you have a set budget.

Unable to manage your employee’s payroll

It is not easy for many businesses to handle employee payroll. You have to navigate through the complexities of employment laws, ensure that the professionals are paid on time, stay updated with tax laws, and more! This can affect a number of situations if not managed properly, such as job dissatisfaction for the employee and potential legal risks.

Lack the resources to attract top talent

It can be challenging for you to find and hire Philippines workers because of the competition that has been created between organizations. This will only get competitive as other businesses realize the value Filipino talent brings to the table.

How does Global Squirrels help you hire staff in the Philippines effectively?

Global Squirrels, as one of the best Employer of Record solutions providers, is a staffing and payrolling platform that allows you to hire and manage employees efficiently and effectively. Our platform ensures you hire employees in the Philippines who meet all your business requirements. What is an Employer of Record? It is a solution our platform offers you where Global Squirrels will act as your legal entity in the countries you want to hire but have not set up.

Global Squirrels resolves all your challenges without any hassle.

• Global Squirrels ensures that you will not face any legal risks by mitigating non-compliance and adhering to local and international labor & tax laws. One such factor is the W-8 BEN form when you hire Filipino staff. Our platform lets you rest assured that you will hire workers in the Philippines who meet all your requirements without any hassle.
• Unlike other staffing agencies, our platform allows you to save up to 20% on hiring costs with the help of our transparent pricing. This works in a unique way, where you just have to pay the employee’s salary and a flat fee.
• Our platform is one of the best Employer of Record solution providers, as our platform ensures that your employees are always paid on-time and accurately. Global Squirrels also ensures that the platform is updated with all the latest laws.
• Our EOR solutions ensures that you do not lack the luxury of being able to offer benefits to attract top talent efficiently. Our transparent pricing and the benefits package ensure you have no lack of talent.

Also read: Employer of Record in the Philippines

Here are other features of our Purple and Orange Plans:

If you have already found or have a professional or freelancer that you would like to onboard, the Purple plan may be useful to you. After that, our software will take care of all HR-related tasks, such as doing background checks, onboarding, adhering to local and international labor & tax regulations, and generating the offer letter.

The Orange plan assists you in finding and hiring top talent who fits your budget and all of your employment requirements. Furthermore, our platform will make sure that all HR-related tasks, including payroll, benefits administration, legal compliance, and onboarding, are handled.

Are you ready to hire staff in the Philippines efficiently and effectively? Get a Demo today!