A significant number of Filipino workers are considering switching jobs this year, intensifying the competition among businesses for skilled talent.
A recent study by global risk management firm Aon revealed that 64% of employees in the Philippines are either actively looking for new opportunities or are open to changing employers within the next 12 months. The 2025 Human Capital Employee Sentiment Study, conducted in August 2024 with 263 respondents, highlights the growing challenge of employee retention in the country.
With competition for skilled workers rising not just in Metro Manila but also in Cebu, Davao, and other key cities, companies are urged to refine their employee retention strategies. Aon’s Growth Lead for Talent Solutions, Josef Ayson, emphasized the importance of offering competitive compensation packages and benefits to keep top talent.
The study also found that Filipino employees prioritize medical coverage, paid time off, work-life balance programs, career development, and retirement savings. Amid economic uncertainty and rising living costs, Aon’s Health Solutions Strategic Advisory Lead, Cris Rosenthal, stressed the need for employers to rethink benefits, offering flexible options alongside wages.
Additionally, 65% of workers believe companies should assist in long-term financial planning, while 58% see employer-provided financial education as essential.
The findings echo global trends, including the “Great Resignation” in 2021, which saw employees worldwide reassessing their career paths and workplace expectations.
