Telesale companies are often undervalued in comparison to their revenues, but a new study has found that they have a positive impact on the world economy.
In a new report, The New Economy, The World Bank and McKinsey analysts said that telesales revenue was one of the top five sectors that contributed to economic growth.
The report says that telasales is responsible for 40% of global economic growth and 70% of the jobs created, according to the World Bank.
Telesales can also be an important driver of innovation, the report states, and that they should be valued on the basis of the quality of the products and services they provide.
“The telesale industry has a role to play in shaping the future of global commerce and business in order to foster growth and job creation, which will help the global economy grow in a sustainable manner,” the report reads.
As a result of its role in economic growth, telesaling companies also contribute to a wide range of social and cultural issues, the authors write.
A recent survey showed that while the average telesalleer spends around $50,000 a year, it is the poorest of the poor who are most likely to be unemployed.
For those who are struggling financially, the telesalers work hard to make ends meet.
According to a study conducted by the National Foundation for Credit and Credit Card Research, only 9% of households with an income of $150,000 or more annually had access to a payday loan.
Many people are also struggling to find jobs in the sector due to low wages, high unemployment and other issues, according the report.
Despite this, telasalers have been praised for their high profits, which helps to create a high-paying and flexible work environment, according McKinsey.