Hiring in the Philippines
The Philippines, made up of over 7,600 islands, is a highly diverse, multinational country that could be over 7,600 smaller countries if you had the time to explore each one. The Philippines has an intriguing history of immigration, conquest and colonisation, with Arab settlers and British, Spanish and American colonists and occupiers giving the Philippines the incredibly varied culture it has to this day.
The 12th most populous nation on earth with some 109 million inhabitants has grown into a highly-industrialised nation with extensive service and export sectors. The capital city and metropolis Manila plays a large role in the finances and governance of the Philippines, housing between 10% and 20% of all Filipinos.
Demand to hire in the Philippines is growing significantly, with a population that becomes increasingly better skilled and better educated, but with wages remaining comparatively low. Investing from abroad is possible, but certain socio-economic factors and slow bureaucracy mean an international payroll provider is a necessity.
Why use TopSource Worldwide in Phillipines?
We free your teams from the burden of managing payroll across borders, working diligently to ensure a seamless process across all activities.
We’ll manage the data flow from you to every local market and will return data to you in a readable format for each of your key teams, including payroll journals if needed.
Our services combine process excellence with a human-centric approach, and our top priority is always the care and compliance of your payroll — no matter where in the world you operate.
- Leverage our experience and ensure in-country Payroll compliance.
- Reduce processing and back office time.
- Align processes, reducing complexity and risk
- A single, centrally managed payroll system that delivers a fluid and consistent service to you and your employees.
- Flexibility of service — adapting to your needs, regardless of the market.
- The option to work with other providers you already have in place, if needed.
- Global HR data management and data tracking where required.
- Global payments support for both employees and authorities.
- A dedicated team and account manager so that you always have a central point of contact
What TopSource Worldwide provides in Phillipines
- Simplicity – we provide one monthly consolidated invoice for the services provided inclusive of salaries, taxes, fees and employee expenses. This reduces banking costs and your finance teams time spent.
- One point of contact – a single Account manager looking after all your Payroll.
- Compliance – all funds payable to the employee are processed through payroll. You receive monthly evidence of taxation paid to the competent authorities in country.
- All services are provided by in-country experts that are professionally qualified in their respective fields.
- Electronic payslips for all employees.
- All Statutory filing completed by TopSource Worldwide.
We appreciate each situation and business is different. That is why we offer a consultative and bespoke solution to every client. We know one size does not ‘fit all’.
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