The winger has been hugely impressive since the former Netherlands striker arrived at the club.
The Dutchman only arrived at Loftus Road in December, but already appears to have had a positive impact on the exciting winger as he has recently earned a recall to the Scotland national team nearly four years after his debut.
And Phillips has suggested that working alongside Hasselbaink at club level and Gordon Strachan while on international duty is bound to give him the best chance to reach his potential.
"He's come in with a lot of fresh ideas and I can only learn from a manager of his experience.
"I am taking in everything he says.
"I'm listening to his advice and it can only make me better.
"Like Gordon Strachan, the manager at QPR has achieved so much in the game.
"You simply couldn't ask for better people to work under."
Although, like the rest of his teammates, the 25-year-old took a while to really get going when the former Burton Albion boss joined the Hoops, his recent form has been much more impressive, and suggests that he is starting to once again become the player that shone brightly in the Premier League last season.
He has three goals and three assists in his last 13 appearances, and that has helped Rangers climb right up the Championship table. And while it may be too late for a charge at the play-off places - with the club 11 points back with eight games to go - they will be hoping to carry as much momentum into next season as possible.
And Phillips will know that the longer he works under the former Leeds United and Chelsea striker, the more likely it will be that he will be able to lead their promotion charge next season.