Many organizations outsource a virtual assistant to the Philippines, leading to an unprecedented increase in demand for the digital administrative role.
Many aspects of our lives happen online in today’s digital age. This strategy has given rise to the virtual assistant, a professional who provides administrative support services remotely via the internet. Business owners can hire virtual assistants to help with various tasks, such as managing email, scheduling appointments, bookkeeping, and social media marketing.
There are several reasons why the virtual assistant has become such an essential part of the workforce:
1. Advances in technology have made it possible for people to work from anywhere.
2. Businesses increasingly realize the value of having a remote support staff.
3. The cost of hiring a virtual assistant is often much lower than hiring an in-house employee.
The rise of the virtual assistant has been a boon for businesses and workers. Companies can save money on overhead costs, and workers can enjoy greater flexibility and freedom when choosing where and how they want to work. Because of the meteoric rise of the virtual assistant industry, the top outsourcing and offshoring firms in the Philippines are adjusting their promotional materials to highlight that they can provide quality talent for every busy entrepreneur’s essential hire.
Why Did the Virtual Assistant Industry Boom?
When most people think of the virtual assistant industry, they think of it as a new phenomenon. However, the sector has been around for quite some time. In fact, the first virtual assistant company was founded in 2005. Despite this, there is no denying how impactful the recent rise of the industry is for the business landscape, especially following the Covid-19 pandemic.
So what accounts for the virtual assistant’s recent boom? Several factors have contributed to its growth. First, technological advances have made it easier for people to work remotely. It has even reached a point where operations can happen 100% online for virtual assistants. Today’s many innovations have made it possible for businesses to outsource tasks to those professionals located anywhere in the world.
Another reason for the virtual assistant’s growth is the increasing number of self-employed professionals. More people are choosing to start their own businesses, and many find that a virtual assistant is a helpful way to get started.
Finally, the recession has caused many companies to downsize their staff. This event has created a demand for affordable, professional help, which virtual assistants can provide.
These factors have contributed to the virtual assistant industry’s booming growth. As more people learn about the benefits of working with a virtual assistant, the industry will continue to thrive.
For entrepreneurs with a strict and busy schedule, offloading administrative duties and support services to a virtual assistant will help reduce the workload drastically. They will work closely with those individuals, from scheduling daily meetings to sending highly classified emails to business partners.
A virtual assistant’s job is like an executive secretary’s. But unlike their on-site predecessors, they can work anywhere worldwide. As a result, entrepreneurs choose to hire to scour the world for the high-quality talent they need for the critical role. Fortunately, they do not have to look any further than the virtual assistants in the PH.
Why Hire a Virtual Assistant in the PH?
The Philippines is an outsourcing giant, producing over 1.2 million remote workers worldwide. The country is known for providing foreign businesses with outsourced teams they need to scale up their operations, due to the cost-saving benefits and reliable services they enjoy. Outsourcing virtual assistant jobs to the Philippines is the better choice for several reasons:
1. The cost of living in the Philippines is much lower than in other countries, so businesses can save on labor costs.
2. The English-speaking population makes it easy to communicate with workers in the Philippines.
3. The government of the Philippines is supportive of outsourcing, which makes it easy to do business there.
Infrastructure costs and support services also make offshoring a viable option. Your virtual assistant has the tools needed to perform their duties from afar. Additionally, you can outsource more job posts or divisions to make the entire service worth it, enhancing the cost-saving features you can enjoy with the service. However, learning the difference between offshoring and outsourcing is essential to fully grasp how you can utilize them for your business.
How Much is the Virtual Assistant's Salary in the Philippines?
A virtual assistant in the PH can earn around $250 per month. In comparison, a virtual assistant in the US can earn approximately $3,000 per month. This discrepancy is because the cost of living is much higher in the US than in the Philippines. As a result, the average virtual assistant’s salary in the Philippines is still ideal, especially if they have experience and can find work with a reputable company. Many companies are willing to pay top dollar for experienced virtual assistants, so there is undoubtedly potential to earn a good income as a virtual assistant in the PH.
For businesses, the low salary will be a good thing. They can pursue expansion and growth projects given the lower investment they must dedicate to getting a high-quality virtual assistant from the Philippines.
Hire a Virtual Assistant from the Philippines with iSupport Worldwide
If you plan to hire a virtual assistant in the PH, you can do so with iSupport Worldwide. The modern offshoring firm has been a reliable business partner for US businesses of different shapes and sizes, helping them build the empire they dream of faster.
iSupport Worldwide can connect entrepreneurs with talented virtual assistants in the Philippines and other in-demand professionals in as fast as 30 days! The virtual assistant industry is booming, with over a million professionals available across different platforms. If you want to save up to 70% on recruitment and overhead costs, you can discuss your business plans with us to get started!