US Bill Threatens BPO - Bilyonaryo
A proposed bill in USA (time for US politicians to shine) is threatening the loss and or decline of the Phl BPO industry that brings in $30 billion in revenues and supports 2 million workers. Under the proposed act, US will penalize companies: by not providing loans, grants and benefits if they keep call centers abroad.
A strict monitoring system will produce a Do not reward list of companies that will surely force many US companies to give up Call Centers in the Philippines.
US market is 70% of the PHL BPO total market. This will surely hurt the PHL BPO
What does it mean to the Philippine economy to Philippine workers. ? Many BPO workers wearn as much as $500 -700 /per month exclusive of health care. Quite a blessing.
What would happen to the current BPO workers and the industry supporting this: leasing companies, Cyberzone, buildings housing call centers, housing and rental units for the workers: vans and angkas transporting BPO workers.
