Penbrothers News

Penbrothers Named One of the Top 500 Global Outsourcing Firms

Written by January 16, 2024

MANILA, PhilippinesPenbrothers, a leading professional employer organization based in the Philippines, has been recognized as one of the top 500 outsourcing firms in the world, securing a spot on the prestigious Time Doctor OA500 2023: Global Outsourcing Firm (BPO) Index.

The newly launched index ranks the leading outsourcing firms across the globe, based on a rigorous analysis of over 2,300 companies.

This achievement is a testament to the hard work and dedication of our employees, and the trust our clients have placed in us. It inspires us to continue going beyond the expected in everything we do, as we remain committed to the success of our people and clients. Congratulations Team Penbrothers!” said Nicolas Bivero, Penbrothers CEO and co-founder.

Penbrothers now joins the ranks of the industry’s most respected and established firms, such as Accenture, Teleperformance, and Wipro. The index ranks firms globally based on several criteria, including company size and revenue, online prominence and reputation, and employer brand and practices, among others.

As a boutique solutions provider, Penbrothers is known in the industry for its consultative approach which sets them apart from its competitors. Penbrothers takes the time to understand the unique challenges faced by their clients and creates solutions that best suit their business. This consultative approach has led to higher client satisfaction rates and long-term partnerships.

With lower labor costs in the Philippines, businesses can expect to save up to 70% on labor expenses compared to hiring locally in their home country. Penbrothers’ expertise in HR, payroll, and benefits administration also streamlines these processes, reducing the need for additional in-house staff and saving businesses both time and money. By outsourcing their workforce to Penbrothers, businesses can focus on their core competencies and achieve their business goals without breaking the bank.

Founded in 2014 by Gui Faria and Nicolas Bivero, Penbrothers envisions itself as a leader in creating world-class careers in underrated and untapped locations. By bridging the global talent gap and providing access to high-quality talent for fast-growing startups and small to medium-sized businesses, the company creates meaningful employment opportunities for Filipinos and contributes to the growth of the Philippine economy. Through its services, Penbrothers aims to showcase the talent and potential of Filipino professionals to the world and establish the Philippines as a hub for skilled and innovative workers.

Today, the company employs over 1,500 team members across multiple functions and industries, serving over 90 of the most exciting and innovative startups and SMEs in retail, e-commerce, gaming, IT, and fintech. Penbrothers aims to empower 5,000 Filipino careers by 2026.

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