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The Boon, The Bane, and The Busy: An Overview of the “No Placement Fee” Policy

Placement Fee

According to Asianjournal’s ‘2017 Philippine Recruitment Outlook’, the recruitment industry will be experiencing a stable growth of 4% in the next five years. For that matter, new and old agencies are expected to take part in the game. As competition intensifies, there will surely be more overseas professional opportunities available for Filipinos. The challenge for trusting job seekers is to properly identify a reliable recruitment firm providing the right recruitment service, to help them find that perfect job for their great pursuit of a better life.

Employment

The Philippine Overseas Employment Administration (POEA) allows licensed recruitment agencies to collect placement fees from their candidates as payment for successfully securing them a position abroad. As per Workabroad.ph’s compiled data on recruitment fees, placements are commonly calculated to be at 1 months’ worth of the candidate’s salary. Some Manila recruitment agencies use a 50-50 payment system to lessen the burden on both the candidate and principal. While this method may seem to be the most cost-effective approach for everyone, there are still some unseen factors that need to be considered.

World-PSI states that placement fees, regardless of the job grade, can deteriorate the quality of a worker’s disposition before he even starts working for the employer. Due to the pressure brought by raising the needed amount to get the job, as well as straightaway providing for his family back home, he is immediately impacted mentally and emotionally. Another good example of an adverse effect of placement fees is the “debt trap”. From an article written by Ana P. Santos and Sofia Tomacruz of Rappler, debt trap is the usual situation OFW’s get into when they deal with placement fees. Poor Filipinos wanting to get a shot at working abroad will go to a bank or a lending company to get a loan. When their initial earnings are not enough to pay their debts on time, high-interest payments are factored in; it becomes difficult or impossible for them to repay what they borrowed. This results in the loss of employee morale leading to a subpar service for the employer; after which they’d come to a realization that they have a growing mountain of debt that even their job abroad won’t be able to compensate for. Thus, having to prematurely leave their employer.

Although taking placement fees is a common practice in the industry, there are a few that implements the reverse. Selected recruitment firms administer a more humanitarian approach in conducting their business processes by employing a “no placement fee” policy resulting in a more positive impact not only for candidates but also for the employer. A no placement fee agency forwards the would-be expenditures of the candidate to the hiring company. Although this seems to be less attractive to employers as they will shoulder all fees, it is, in fact, the opposite. If Filipino candidates can pursue their careers without paying any fees and they will not encounter any of the negative points raised above, everyone can ensure the candidate’s longevity with their employer. Retaining talented and loyal employees is an absolute win for any company.

employers

“The International Labor Organization (ILO) has named the Philippines as one of the pilot countries for its global program for promoting migrant workers’ protection, citing the country’s improving policies on ensuring safe and fair recruitment.” – Tomoko Nishimoto, ILO Regional Director for Asia and the Pacific

There have been arguments from the ILO Organization regarding ethical recruitment and the motion to scrap placement fees completely. There are also many indicators that suggest the recruitment industry should shift completely towards this policy. When that happens, it will most definitely reduce, if not completely wipe out recruitment scams in the Philippines and it will impose the goal of ethical recruitment to prioritize helping less fortunate Filipinos get better chances in life.

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Rensol Recruitment and Consulting, a POEA licensed agency, has been advocating a no placement fee policy, since its inception in 1999. Focusing on opportunities that incorporates the same vision and values and upholds ethical recruitment practices beneficial for all parties of People, Partner Agency and Principal.

For more information on how to conduct an above and beyond recruitment campaign in the Philippines, please connect with our Business Development Team at [email protected]. We will be ready to sit down with you and understand your concerns and configure a recruitment plan to ensure better success.

ABOUT THE COMPANY: Rensol Recruitment and Consulting, Inc. is the fastest growing recruitment agency in The Philippines. A career consultant that aims to go above and beyond the level of expectations of both the aspirations of the candidates and the dream team standards of employers through providing exceptional opportunities and unparalleled quality-driven recruitment services.

8 Reasons Why Filipino Healthcare Professionals Stand Out Globally

Healthcare Professionals

Being in the healthcare and medical profession is an act of kindness – may it be a physician, a dentist or a nurse, anyone can expect that they will only offer care to those who are in need. With caring comes a helping hand and a loving heart, willing to commit time and effort. It miraculously heals a tired body and a burdened spirit. It eases the job of looking over someone, simply because the desire and enthusiasm to help come from within.

To care requires passion in what you do; this translates to the values which Filipinos intrinsically possess. It makes them stand out among other nationalities which continuously win over employers all over the world. To date, there is close to a million Filipino medical professionals across the globe.

Here are the 8 primary reasons why Filipino Healthcare Professionals are in demand all over the world.

 

  1. Excellent English speaking professionals. The Philippines is on the 5th place of the “Top 10 English Speaking Countries in the World 2017”.  This is one of the main reasons why Filipino healthcare professionals are loved and are thriving abroad. Employers are not having a hard time communicating with them.

 

  1. Naturally compassionate people. As they grew in an environment where it is natural to extend kindness to other people; Filipino healthcare professionals have been known to be one of the most caring workers ever. They know how to empathize; therefore they understand how to approach and address their patient’s needs. It’s the reason why they are easily loved and trusted.

 

  1. Adaptable. Filipinos in the medical industry fit in different workplaces because they are in an automatic “professional mode” when they’re set to work, meaning they always thrive to adjust to their surroundings. They don’t give their workmates a hard time coping up, instead, they do extend the effort to fit in.

 

  1. Optimistic. Born with faith, they never lose hope in any circumstances. When others perceive the situation impossible, they will always find ways to turn it possible, and eventually do great!

 

  1. On-the-Go. “Yes, I’m ready!”, this is the fighting spirit you’d always get from Filipinos, in general. They get into the job with initiative, the presence of mind, and diligence. Limits will not stop a Filipino from doing it. You will rarely hear them say “no.”

 

  1. Enthusiastic. Filipinos offer a lively vibe on their workplace, which they also pass on to their patients. They are loved because their free spirit influences the mood of the toxic hospital environment. They remain fueled and happy to serve no matter what.

 

  1. Passionate. This is one of the remarkable assets of Filipinos in the healthcare industry. They get into the job and do it, not only with the hand that works but also with the mind and heart which ensures that love and quality of work are provided. This passion shows to their actions and communicates through their words.

 

  1. Committed. As Filipinos, they were trained to give total focus on their goals; they take a good grip on it and never let go. As they concentrate and pour out all their passion in the job they love, they also spend emotions in it, therefore making them attached to their duties. Commitment for Filipinos is equal to integrity.

With the mind that critically thinks, with the ear that attentively listens, with the eyes that keenly observes, and with the heart that completely feels, Filipino healthcare professionals bring healthcare institutions services and customer experience into a higher level.

For more information on how to conduct a healthcare specific recruitment campaign in the Philippines, please connect with our Business Development Team at [email protected]. We will be ready to sit down with you and understand your concerns and configure a recruitment plan to ensure better success.

ABOUT THE COMPANY: Rensol Recruitment and Consulting, Inc. is the fastest growing recruitment agency in The Philippines. A career consultant that aims to go above and beyond the level of expectations of both the aspirations of the candidates and the dream team standards of employers through providing exceptional opportunities and unparalleled quality-driven recruitment services.