Small Businesses Are Feeling the Squeeze
A recent VirtualStaff.ph survey found that 61% of small and medium-sized business (SMB) owners in the U.S., UK, and Australia are struggling with rising labor costs. Many say they have no choice but to freeze hiring, delay expansion, or even let go of staff.
This isn’t just a temporary issue. The cost of hiring in-house employees is climbing faster than revenue for many companies, leaving business owners with tough decisions:
- Absorb the extra costs, cutting into profit margins
- Scale back hiring and risk losing competitive momentum
- Find a smarter, more cost-effective way to build their teams
As inflation continues to drive up wages, businesses must adapt or risk falling behind. That’s why over 25,000 companies worldwide are shifting their hiring strategy and building remote teams in the Philippines to reduce costs without sacrificing quality.
The Hidden Costs of Hiring Locally vs. Hiring Overseas
The financial burden of hiring locally is growing year over year:
- 14% increase in employee costs (salaries, taxes, and benefits) compared to last year
- The true cost of hiring a full-time employee in the U.S. or UK is 3- 5X higher than hiring a skilled professional in the Philippines
- Labor and compliance costs are now one of the biggest expenses for SMBs
But here’s what smart businesses have realized:
By hiring global talent, they can access highly skilled professionals at a fraction of the cost, without cutting corners. Businesses using VirtualStaff.ph are saving up to 70% on labor and compliance costs, all while building long-term, high-performing teams that drive real business growth.
Why 25,000+ Businesses Trust VirtualStaff.ph for Hiring in the Philippines
Hiring globally can seem complicated, but VirtualStaff.ph makes it easy. Unlike traditional outsourcing agencies, we don’t charge salary markups or take a cut of what you pay your team. Unlike freelancer marketplaces, we help you build dedicated, full-time teams - NOT just short-term gig workers.
With VirtualStaff.ph, businesses can:
- Find and hire top-tier Filipino talent in any industry (Virtual Assistants, Customer Support, Accountants, Marketers, Developers, and more)
- Manage payroll, benefits, and compliance, without the legal risks
- Hire as independent contractors or full-time employees with social security, healthcare, and tax compliance covered
- Scale their team up or down with complete flexibility
It’s no wonder over 1 million vetted Filipino professionals have joined VirtualStaff.ph, the largest hiring and payroll platform built exclusively for businesses that want to build affordable teams in the Philippines.
Cost Savings: The Numbers Speak for Themselves
Every year, VirtualStaff.ph saves businesses over $2 billion in labor and compliance costs.
Here’s what this means for small businesses:
- A full-time employee in the U.S. can cost $50,000+ per year in salary, benefits, and taxes
- The same position in the Philippines, with equally skilled talent, costs 70% less
- Businesses using VirtualStaff.ph save an average of $35,000+ per employee per year
That’s money that can be reinvested into growth, marketing, product development, or additional hiring.
Scaling a Business Without Financial Strain
The old way of hiring - expensive salaries, endless paperwork, and compliance headaches - isn’t sustainable anymore. That’s why businesses worldwide are turning to remote hiring as the smarter alternative.
With VirtualStaff.ph, companies don’t just save money; they gain access to a global workforce that helps them scale faster, increase profitability, and stay competitive.
Here’s what sets VirtualStaff.ph apart from traditional hiring models:
Your Competitors Are Already Hiring in the Philippines - Are You?
The world of work has changed. Businesses that embrace global hiring will have a competitive edge; those who don’t risk falling behind.
- Inflation is driving up costs; hiring locally is becoming unsustainable
- Hiring remote teams allows businesses to scale while keeping costs low
- Over 25,000 companies worldwide trust VirtualStaff.ph for hiring in the Philippines
Don’t let rising costs slow you down. Create your account today and see how VirtualStaff.ph can help you hire top talent, cut costs, and build a long-term, high-performing team without the headaches.
