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PSAC backs gov’t efforts in local talent retention

The Philippine Star

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February 15, 2024

The jobs sector of the Private Sector Advisory Council (PSAC-Jobs) expressed support for President Marcos' efforts aimed at bolstering local talent retention, enhancing vocational training and streamlining business processes in the Philippines.

- CATHERINE TALAVERA

PSAC backs gov’t efforts in local talent retention

"PSAC-Jobs stands behind President Marcos' strategic approach to retaining healthcare and digital industry workers within the country before they explore opportunities abroad," the group said in a statement yesterday.

"The proposed scholarship program, with a commitment to domestic work for two to three years, perfectly aligns with PSAC's recommendation of nurturing local talent for economic advancement," it added.

In a meeting with the PSAC-Jobs last week, Marcos emphasized the need to retain Filipino talent especially in the healthcare and information technology sectors.

"We have to come up with some kind of strategy wherein, let's say, you provide scholarships, and then the scholarship agreement includes that you stay three years. After that then they're free to go," Marcos said, according to an earlier statement by the Presidential Communications office.

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