Aon's 2025 Human Capital Employee Sentiment Study reveals that a majority of Filipino workers are looking for new employment opportunities and seeking improved employee benefits to cope with rising costs and prioritize mental well-being. Competition for skilled talent is intensifying, making it crucial for employers to focus on total rewards and adapt their benefits strategies to meet evolving employee expectations.
MANILA, PHILIPPINES - Aon plc (NYSE: AON), a leading global professional services firm, released results from its 2025 Human Capital Employee Sentiment Study. The global study, which surveyed more than 9,000 employees across 23 geographies, including the U.S., China, India, and Japan, found that a majority of workers in the Philippines are contemplating their next career move and seeking better employee benefits to address rising costs and mental well-being concerns.
Aon's study reveals that 64 percent of employees in the Philippines are either in the process of switching employers or are likely to seek new employment within the next 12 months. This tight competition for talent underscores the need for employers to prioritize total rewards to meet the evolving expectations of their workforce. Josef Ayson, growth lead for Talent Solutions for the Philippines at Aon, stated, “Competition for skilled talent is intensifying across the Philippines. This affects not just Manila, where readily available talent is more common, but also cities like Cebu, Davao, and other islands within the archipelago. In this environment, managing and retaining employees is crucial for firms to maintain their competitive edge. Compensation strategies grounded in the latest data and analytics from their own organizations, as well as market trends, can empower companies to make more informed decisions regarding attracting and retaining employees in this dynamic workforce landscape.” The survey further highlighted that medical coverage, paid time off, and work-life balance programs have gained significant importance for the Philippines' workforce. Eighty-three percent of respondents expressed their willingness to forgo existing benefits for a more desirable benefit package, emphasizing the need for flexibility and personalization. Cris Rosenthal, strategic advisory lead for Health Solutions for the Philippines at Aon, stated, “Amidst continued economic volatility and the rising cost of living, there is a growing expectation for employers to provide medical coverage and support for mental and financial well-being. Employers must re-evaluate their approach to employee benefits, striving to balance wages with flexible benefits to attract and retain the talent they require.” The impact of the rising cost of living has also led workers to prioritize financial well-being. Sixty-five percent of employees believe that employers should assist them in saving for retirement or long-term needs, and 58 percent feel that employers have a responsibility to provide financial education. This underscores the importance for organizations to make well-informed decisions using insights and robust market data to create a comprehensive employee value proposition aligned with employee needs and expectations
Employee Benefits Talent Acquisition Employee Sentiment Philippines Rising Cost Of Living Financial Well-Being
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