In a rapidly evolving job market, Filipino employees are making waves with their intentions to seek new employment opportunities. According to the 2025 Human Capital Employee Sentiment Study conducted by global risk management and insurance brokerage firm Aon, a staggering 64 percent of survey respondents from the Philippines indicated that they were either in the process of moving to another employer or considering a job change within the next 12 months.
This significant finding highlights the heightened competition for talent among businesses in the Philippines. As companies strive to attract and retain skilled employees, they are faced with the challenge of meeting their workforce’s evolving expectations. The study underscores the importance of offering comprehensive total rewards packages to support employee retention strategies.
Josef Ayson, Growth Lead for Talent Solutions at Aon, emphasized the increasing competition for skilled talent across the country. “This affects not just Manila, where the right talent is more readily available, but also in cities like Cebu, Davao, and other islands within the archipelago,” Ayson noted. Managing and retaining employees is crucial for firms to remain competitive in such an environment. Compensation strategies based on the latest data and analytics from both their organizations and the market can help companies make informed decisions on attracting and retaining employees in today’s evolving workforce landscape.
The study also revealed that medical coverage, paid time off, and work-life balance programs have increased in value for the Filipino workforce. Eighty-three percent of those surveyed expressed a willingness to sacrifice existing benefits for a better choice of benefits, illustrating the need for flexibility and personalization. The top five valued benefits for the Filipino workforce are medical coverage, paid time off, work-life balance programs, career development, and retirement savings.
Cris Rosenthal, Strategic Advisory Lead for Health Solutions at Aon, highlighted the growing expectation for employers to provide medical coverage and support for mental and financial well-being amid continued economic volatility and the rising cost of living. “Employers must rethink their approach to employee benefits, balancing wages with flexible benefits to attract and retain the talent they need,” Rosenthal stated.
The impact of the rising cost of living has also led workers to prioritize financial well-being. Sixty-five percent of employees believe employers should help them save for retirement and long-term needs, while 58 percent think employers must provide financial education. This highlights the importance of organizations making informed decisions using insights and robust market data to create a holistic employee value proposition aligned with employee needs and expectations.
As Filipino employees continue to reassess their career paths and seek better opportunities, businesses must adapt to the changing landscape by offering competitive compensation, flexible benefits, and a supportive work environment. The findings of Aon’s 2025 Human Capital Employee Sentiment Study serve as a wake-up call for employers to prioritize their workforce’s well-being and satisfaction to stay ahead in the talent race.
