Sunday 1 December 2013

Work From Home: Is It A Viable Solution For The Jobless Filipino?

Photo credit: Raymond Selda

Despite the robust growth of the Philippine economy in the past 3 years, many Filipinos still perceive that “life is hard”, and that there’s a persisting shortage of jobs and opportunities out there, especially in recent times when the country was devastated by “Yolanda”. Despite that, there is an increasing number of “work from home” jobs, yet many are skeptic whether such opportunities are a viable solution for their livelihood.

Nevertheless, there is an increasing supply of work from home, and unlike before, one can readily google at least 3 pages of home-based job postings for each local-based job site, and there are countless contractual jobs in crowdsourcing sites such as oDesk and Freelancer. In fact, these two job sites are just a part of the existing 2,000 crowdsourcing sites that make up the industry. And because the Philippines is seen as the “most attractive global provider of IT-BPO services in Asia” by economists worldwide, Filipinos have a strong advantage of obtaining these types of jobs. So strong is this industry that it contributes as much as OFW remittances to our economy, and it is projected that there will be $20 billion in revenues and 1.5 million jobs in 2016.

According to the latest DOLE statistics, more than 50% and almost two-fifths of total job vacancies in the country are categorized under administrative and support services, and a huge chunk of which is contributed by the BPO industry. And this figure only reflects the recorded job openings from office-based companies, excluding home based jobs that are steadily and increasingly offered on a daily basis.

However, most Filipinos still see work from home jobs as only part-time, remedial and a “not a real job”, and many still stick with old formulas of applying for office-based jobs and going abroad. But if one tries to take a bird’s eye view of it, it is indeed a viable solution for the jobless Filipino. The current office-based job salary range is P15,000-25,000, and this amount can in fact be also achieved with a home based job. Since most online jobs are freelance by nature, one is not tied to a single company and can take on numerous contractual jobs, as long as he/she is capable of doing it. While most online, home based jobs may offer less compensation than this salary range, such amount would actually produce an equal cash flow, considering the cost of transportation, food and other expenditures of office-based workers.

Many think that it’s not a “stable” job, but in this time, is there still a thing as a stable job? Do most Filipino workers really have that security; that they could always rely on their jobs as their primary source of income? Most Filipinos should be aware that all employers are businesses, and if businesses are not profitable, how can one expect them to pay employees, keep up with operational costs and maintain positive cash flows? And with the current PDAF issues that the government faces, how can one be assured that our tax and insurance system is any way different in “taking care” of our contributions?

With regard to opportunities abroad, it has always been an obvious avenue for opportunity for Filipinos; but it definitely is not the only solution. If one can be able to develop skills that are globally competitive, why go abroad when one can readily get a work from home job? Going abroad likewise has many risks, and many people have no financial capacity to apply simultaneously for numerous countries. But with home based jobs, one has the freedom to search for employers worldwide and choose work contracts and deals that suit them.

But whether one thinks if a work from home job is a viable solution for a jobless Filipino or not, what’s there to lose in exploring these opportunities? Regardless of whether it makes ends meet or not for us, the bottom line is, you still get to earn while at home.

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