MANILA, PHILIPPINES — Aon plc (NYSE: AON), a global leader in professional services, has unveiled its 2025 Human Capital Employee Sentiment Study, revealing a striking insight – nearly two-thirds (64%) of Filipino employees are either in the process of changing employers or are considering a move in the next 12 months. This highlights a shifting workforce landscape where job security is no longer enough; employees are actively seeking better benefits, work-life balance, and financial stability amid economic uncertainty.
Conducted across 23 geographies including major markets like the U.S., China, India, and Japan, the study gathered insights from over 9,000 employees worldwide. The Philippine results signal an urgent need for businesses to rethink their total rewards strategies to remain competitive in an increasingly dynamic labor market.
Josef Ayson – growth lead for Talent Solutions for the Philippines at Aon said, “Competition for skilled talent is increasing across the Philippines. 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. In such an environment, managing and retaining employees is important for firms to remain competitive. Compensation strategies based on the latest data and analytics from their own organisations as well as the market, can help companies make more informed decisions on attracting and retaining employees in this evolving workforce landscape.”
The top five valued benefits for the Philippines workforce are:
- Medical coverage
- Paid time off
- Work-life balance programs
- Career development
- Retirement savings
With inflation and economic pressures mounting, Filipino employees are placing greater emphasis on financial security. The study found that 65% of employees expect their employers to help them save for retirement and long-term needs, while 58% believe financial education should be part of workplace benefits.
“Amid 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 wellbeing, said Cris Rosenthal, strategic advisory lead for Health Solutions for the Philippines at Aon. “Employers must rethink their approach to employee benefits balancing wages with flexible benefits to attract and retain the talent they need.”
The message is clear—companies must move beyond traditional compensation structures and build holistic employee value propositions. By leveraging robust market insights and data-driven decision-making, organisations can align their benefits offerings with the evolving needs of the workforce, ensuring they attract and retain top talent in 2025 and beyond.
Read Aon’s Employee Sentiment Study here.
