The business landscape has experienced a significant transformation in recent years, particularly with the emergence of virtual offices and the growing popularity of remote working. 

In the Philippines, most employees prefer to work remotely with the freedom they have while finishing their deliverables. In terms of work environment, one of the key hubs for this new work culture is Bonifacio Global City (BGC). 

Let us explore the rise of remote working in the Philippines, specifically within virtual offices in BGC, and how the COVID-19 pandemic has accelerated this shift.

Understanding the Growing Presence of Virtual Offices in BGC

 Bonifacio Global City, located in Metro Manila, has become a thriving business district and a preferred location for multinational companies, startups, and entrepreneurs. Virtual offices in BGC offer businesses the advantages of a prestigious address, professional reception services, meeting room access, and a range of administrative support without the need for a physical office space.

Cotoha, among the go-to serviced offices in BGC, differentiates itself from the others as it offers comprehensive business consultancy services. It helps foreign businesses to expand opportunities here in the Philippines through its virtual offices in BGC and business consultancy services.

Pre-COVID Scenario of Remote Working in BGC

Before the COVID-19 pandemic, remote working was gaining traction but had not yet become the norm in the Philippines. Some forward-thinking companies have already embraced flexible work arrangements and virtual offices in BGC. However, it was primarily limited to certain industries, such as tech startups or companies with a global workforce.

According to research conducted by JobStreet, 52% of Filipino workers have been working from home for years at this point. During the COVID-19 epidemic, it peaked at 85%. Despite the negative effects on their mental health, around half (49%) of employees still prefer working remotely.

Companies in the private sector in the Philippines have been working remotely before the pandemic. These organizations have considered the benefits of working remotely, wherein employees have a work-life balance, less travel time, and more productivity.

The Impact of COVID-19 on Remote Working in BGC

When the pandemic hit, businesses across the Philippines were compelled to adapt quickly to remote work due to safety concerns and lockdown measures. Virtual offices in BGC played a vital role during this time, allowing businesses to maintain their operations seamlessly. Many companies rapidly shifted their operations to a remote working model, leveraging the infrastructure and services provided by virtual offices to ensure business continuity.

Advantages of Remote Working in BGC

a. Cost Savings: 

Remote working eliminates the need for companies to invest in physical office spaces, reducing overhead costs significantly. Virtual offices in BGC offer flexible packages tailored to businesses of all sizes, ensuring cost-effectiveness.

 b. Improved Work-Life Balance

Remote working allows employees to achieve a better work-life balance by eliminating commuting time and providing flexibility in their schedules. This has proven to enhance productivity and job satisfaction.

 c. Access to Top Talent

Virtual offices in BGC enable companies to tap into a broader talent pool by offering remote job opportunities. This allows businesses to attract and retain highly skilled professionals from various locations.

Infrastructure and Support for Remote Working in BGC

Virtual offices in BGC, which Cotoha is also providing, offer businesses essential infrastructure and support to facilitate remote work. This includes high-speed internet connectivity, secure IT infrastructure, professional receptionists, mail handling, call forwarding services, and fully equipped meeting rooms. These resources empower remote workers to operate efficiently and maintain a professional image.

Future Outlook: The Post-Pandemic Work Culture

The COVID-19 pandemic has reshaped the work culture in the Philippines and around the world. With the success of remote working during the crisis, many companies have recognized its benefits and are likely to continue offering flexible work arrangements even after the pandemic subsides. Virtual offices in BGC will continue to play a pivotal role in supporting businesses’ transition to remote work and ensuring their long-term success.

The rise of remote working in the Philippines, particularly within virtual offices in BGC, has brought about a paradigm shift in the traditional office setup. The COVID-19 pandemic acted as a catalyst, accelerating the adoption of remote work across various industries.

 Virtual offices in BGC offer businesses the infrastructure and support necessary to thrive in the remote work era, enabling cost savings, improved work-life balance, and access to top talent. 

Cotoha’s virtual offices in BGC give its clients the ability to spur significant opportunities and growth without spending much.

The incomparable customer service that Cotoha offers aid clients to focus more and be more comfortable while working. Even though you are working remotely, they guarantee to assist you no matter what your concern may be.

As we move forward, the remote working culture is poised to become an integral part of the modern work landscape in the Philippines. If you are considering working remotely and getting a virtual address for your business, let us know, and we will be glad to assist you further.