Outsourcing to the Philippines: fastest growing in the world

YES YOU read it right. The level of outsourcing to the Philippines is growing faster than in any other country, according to the Global Outsourcing Statistics Report released last December 15 by oDesk, the leading marketplace for online workteams for employers outsourcing technology jobs to certified, freelance developers and programmers. The report also states that the Philippines remains a popular destination for outsourcing work. Other popular countries include the U.S., India, Pakistan, Canada, Ukraine, and Russia. The bulk of the outsourcing jobs received by the Philippines is in the Knowledge Processing Outsourcing (KPO) sector. This includes data entry and virtual assistants. India’s largest work category, on the other hand, is in the software and web development field. The report also divulged that the Philippines’ average feedback rating surpassed the oDesk average for the first time. The U.S. has the highest average feedback rating and the greatest number of providers. Here are statistics from the report: CANADA Total Number of Providers: 3,581 Average Hourly Rate Charge: $19.60 Average Feedback Score: 4.32 (out of 5.00) INDIA Total Number of Providers: 27,454 Average Hourly Rate Charge: $12.52 Average Feedback Score: 4.01 PAKISTAN Total Number of Providers: 5,960 Average Hourly Rate Charge:  $11.13 Average Feedback Score: 4.36 PHILIPPINES Total Number of Providers: 17,213 Average Hourly Rate Charge: $6.33 Average Feedback Score: 4.30 RUSSIA Total Number of Providers: 2,721 Average Hourly Rate Charge: $16.86 Average Feedback Score: 4.31 UKRAINE Total Number of Providers: 2,929 Average Hourly Rate Charge: $15.96 Average Feedback Score: 4.36 USA Total Number of Providers: 52,637 Average Hourly Rate Charge: $18.32 Average Feedback Score: 4.40 Noticed something? The Philippines has the lowest average hourly rate charge. Good work at cheaper rates—no wonder we’re so popular. :) The report can be accessed here.