Widespread high-level English language skills and relatively low wages have seen Filipino workers become a top choice for remote staff for blockchain projects around the world. But is the industry exploiting these workers, or has remote work during the pandemic helped the country to grow and develop?
If youve ever contacted customer support for a crypto exchange, the chances are high youve chatted with a Filipino staff member. Theyre highly prized by crypto projects for strong English language skills, friendly and polite demeanors and lets be honest: dirt cheap wages.
It leaves many project leaders wrestling with the ethics of paying Filipino staff a relative pittance to save on overheads. Is it fair that a blockchain developer in the Philippines gets paid $10,000 for similar work to a blockchain developer in Australia on $70,000?
Its a complicated moral question and there are no easy answers, but many Filipinos believe there are benefits on both sides. Mike Mislos, founder of the local Bitpinas crypto news website, says that people he knows appreciate the opportunity because international companies pay far higher wages than most Filipinos could earn otherwise.
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