article thumbnail

Guide to Hiring in Senegal

Globalization Partners

Inflows of FDI have risen every year since 2012 , and they more than doubled from 2015 to 2019, up to USD983 million. However, it’s notable that Senegal’s labor costs are not as low as some may assume. Still, labor costs in Senegal are quite reasonable on a global scale.

article thumbnail

Everything You Need to Know About the Philippine Call Center Industry

Magellan Solutions

As the top call center country of the world , the Philippines continuously impress global leaders because of its educated workforce, efficient labor practices, industry expertise, low labor cost, and strategic location. 2012 : The revenue of the BPO industry comprised 5.4% to the country’s total GDP.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 Positive Effects of Outsourcing Jobs to the Philippines 

Magellan Solutions

Also, it’s known for its educated workforce, efficient labor practices, industry expertise, low labor cost, and strategic location. Furthermore, the Philippines’ data privacy law ‘ Data Privacy Act of 2012 ’ has significantly increased the position of its IT-BPO sector in the market.

Jobbing 52
article thumbnail

Offshore Software Development: The Pros and Cons of Outsourcing

Designveloper

trillion to the global GDP in 2012. Some of the most obvious advantages of offshore software development include: Reduced Costs Since offshore software developers are located in different countries, they don’t have to worry about dealing with local labor laws or the local labor market.

article thumbnail

Guide to Hiring in Bahrain

Globalization Partners

However, you will need to consider both direct and indirect costs when your company budgets for new hires. Labor costs of reviewing and interviewing job candidates. These are some of the expenses you’ll want to keep in mind: Job postings. Allowances. Bonuses, if applicable.

Payroll 98