Professional Documents
Culture Documents
With the new age of technology and rapidly growing design industry, Mexico
has become an emerging destination for remote team building, particularly
for Latin America. Though Mexico observed slow growth in the past 3
decades, it has become one of the top hubs for business, especially startups.
Mexico has an extensive and increasing pool of skilled individuals in a variety
of industries. The country has an excellent educational system that produces
graduates with skills in technology, engineering, finance, marketing, and
other fields. Over 30,000 engineers graduate annually in Mexico. The labor
costs in Mexico are lower in comparison to the US market. Employers from
various industries can recruit remote employees at low prices while
maintaining a high level of talent. The availability affordable and highly
qualified manufacturing and design workforce and talented personnel make
it easy to recruit qualified employees for remote teams.
The Mexican government initiatives have encouraged the development of
the technology and outsourcing industries. Telecommunications,
infrastructure, transportation, and IT sectors have bolstered in the country.
All the major cities have dependable high-speed internet that allows remote
teams to operate and communicate remotely irrespective of their location.
With its rich cultural past, stunning scenery, and favorable climate, Mexico
offers an enticing quality of life. This acts as an attraction for professionals
looking for a healthy work-life balance leading to increased employee
satisfaction and retention in your remote working environment. Advanced
design and manufacturing sectors, growing IT industries, and an easygoing
and friendly business culture make Mexico one of the top choices for global
remote team expansion.
Korea
When looking to build remote teams in the Asian market, Korea is
considered to be a favorable destination. The home of Samsung town is
situated among the two best business powers, Japan and China. Though off
the radar for business with the UK, it is one the best business destination for
APAC countries.
Its effective laws, transparent and compliant services, government support,
and vibrant business market has made Korea climb to the top of the business
destination list.
Seol in Korea ranks highest for its fiber optic penetration and super-fast
internet speed in the world. Its accelerating internet services, advancing
technologies, and business acumen make it a future-proof country for
remote business in comparison to other Western countries. It allows
seamless fire transfer, online operations, and virtual team building in a
remote environment. Modern coworking spaces with high-speed internet,
ergonomic workstations, and cutting-edge conference rooms are made
available throughout the major city. In addition, a well-developed transit
network allows easy access inside cities and to rural places, allowing for in-
person team meetings when necessary.
Korea has well educated, eager-to-learn, and hard-working population,
which makes international hiring easy for foreign companies. Koreans
typically rate high in digital literacy measures and are tech-savvy. This high
degree of digital literacy facilitates easy onboarding, decreasing training
time and thereby increasing overall productivity in remote team operations.
The high-tech and resilient economy with geeky consumers has made Korea
a favored IT hub for companies such as P&G, Microsoft, Loreal, Motorola, and
eBay.
Korean business culture values collaboration, timelines, and respect. These
business etiquettes, culture, and increasing IT sector make Korea an ideal
place for building remote teams and also an attractive destination for
international team expansion.
Philippines
The Philippines is one of the popular destinations due to its trade and
financial globalization. The Philippine economy is one the fastest growing
among the Association of Southeast Nations (ASEAN).
The Philippines holds a highly educated workforce and has a literacy rate of
more than 95%. This linguistic advantage enables productive collaboration
and communication with clients from English-speaking nations. The highly
trainable and flexible workforce of the Philippines has attracted a number of
businesses to build their remote teams, particularly in the Information and
Communications Technology-Business Process Outsourcing (ICT-BPO)
services. The Philippine BPO industry contributes about 10-15% of the
global BPO market. The business operation outsourced are not limited to HR
and finance and extend to animation, gaming, software development, data
mining, and so on.
In comparison to other countries, the Philippines provides substantial cost
advantages, making it an appealing site for remote team operations. Because
of the reduced cost of living and favorable exchange rates, companies can
obtain top-tier talent at competitive prices. As per the A.T. Kearney Global
Services Location Index, the Philippines routinely ranks among the top
outsourcing locations globally.
The Filipino culture has a strong work ethic and a “malasakit” culture, or
genuine concern for others, which results in a harmonious and cooperative
remote work environment. This cultural compatibility enhances remote
team building and attention to attaining organizational goals increasing the
overall effectiveness of remote team operations.
As remote working becomes mainstream across the globe, it has boosted the
number of gig workers and freelancers. This Filipino gig economy has
encouraged US organizations, European companies, and also its immediate
neighbors such as Japan, Australia, and New Zealand to expand their remote
teams in the Philippine market. The steady economic growth, high
employment opportunities, and a competitive business industry make the
Philippines one of the best countries for global team expansion.
Singapore
Singapore is a popular destination due to its remarkable infrastructure,
strong economy, and political stability. With a business-friendly
environment and its openness to foreign investments, Singapore bagged the
top spot on the 2020 Global Expansion Tech Index. Singapore has one of the
best IT infrastructure, telecommunications, and internet facilities. As per
the Speedtest Global Index 2021, Singapore ranks second in the world in
terms of broadband speed and first in internet speed.
Singapore is home to one of the largest English speaking, skilled and
educated workforce in the world. The country has a world-class education
system that produces remote employees skilled in sectors such as
technology, communication, data research, finance, marketing, and
engineering. It has a high growth rate in comparison to the US which brings
numerous business enthusiasts for remote team expansion. MNCs and SMEs
have identified Singapore as a prime portal to take build remote teams in the
South East Asian markets including India, Malaysia, and China. Companies
such as Google and LinkedIn have established their headquarters in
Singapore to connect with other APAC countries and focus on global team
expansion. Additionally, strict anti-corruption laws, large technological
advancements, favorable immigration systems, High tech connectivity, and a
competitive business market makes Singapore an attractive business
destination for remote team expansion for SMEs, startups, or even MNCs.
India