Making the World’s New “Work Trend”​

As the previous pandemic’s gloomy skies lift, new methods and means of living our lives are beginning to emerge as global trends. Many organizations in the Philippines are generously allowing flexible work-from-home or hybrid-work arrangements that enable flexibility in the company’s operation as well as in the lives of its employees, as diverse sectors open up to satisfy the rising physical demand of the new normal.

Even before COVID-19 shook the world and disrupted many lives and economies, the Department of Labor and Employment (DoLE) in the Philippines began issuing guidance on the use of flexible work arrangements among private enterprises in 2009. It wasn’t until the outbreak of the pandemic that this policy was revived and given broader coverage and breadth, which extends to several government entities.

Taking One Step at a Time

While the pandemic’s uncertainty remains, many local businesses are attempting to handle the face-to-face work setup for quick recovery from the issues brought on by COVID-19. The information technology and business process management (IT-BPM) sector, on the other hand, is one of the few industries that has decided to keep work-from-home or hybrid-work schemes in place since it gives additional opportunities for the industry to grow and stay viable.

According to a recent report published by Colliers, a global leader in real estate services and investment management, aside from tax breaks provided by the national government to various companies operating in freeports or ecozones, including IT-BPM offices, many industry leaders see the latest work trend as a game changer for the economies and lives of many people. With the local outsourcing sector aiming to create 1.1 million new employees in the next six years, embracing a hybrid work setup is critical to this ambition and our country’s future.

According to NordLayer’s Global Remote Work Index, the Philippines is among the nations in the world that rank poorly in terms of remote work index. With the current world work trend, Filipinos, who are either freelancers or workers of business process outsourcing (BPO), are the only select ones who gain from it.

Where Do We Go From Here?

According to Department of Tourism (DoT) data as of June 2022, Singapore is the only Asian country that made the top ten ideal locations for remote work, and many Filipinos are now packing their bags to have their “workation” (work + vacation) there. From February to June of this year, about 13,000 Filipinos visited Singapore, making it the eighth most popular tourist destination in the world and the third most popular in Asia.

Melbourne, Australia, is the most appealing city for remote work, followed by (2) Montreal, Canada, (3) Sydney, Australia, (4) Prague, Czechia, (5) Toronto, Canada, (6) Tallin, Estonia, (7) Lisbon, Portugal, (8) Wellington, New Zealand, and (9) Zagreb, Croatia.

Other Asian countries on the list include Tokyo, Japan, which is rated 33rd, Chiang Mai, Thailand, which is ranked 45th, Bali, Indonesia, which is ranked 58th, Hong Kong, which is ranked 63rd, and Bangkok, Thailand, which is ranked 66th.

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