THE PHILIPPINE job market is in a period of optimism. According to Jobstreet’s Hiring, Compensation, and Benefits Report 2025, 44% of hirers and HR professionals expect higher job market activity in the second half of 2025 compared to 2024—signaling employer confidence and plans to expand their teams.
For businesses, the increase in hiring points to stronger demand and growth opportunities—with new roles to fill, markets to explore, and a workforce ready to contribute. However, with rapid hiring comes greater risk. When companies give less attention to applicant screening, it increases the chances of fraudulent applications slipping through the hiring process.
These risks are far from rare. A global study by the Association of Certified Fraud Examiners (ACFE) shows that organizations lose an estimated 5% of annual revenue to fraud. In a fast-moving labor market like the Philippines, losses like these increase costs and disrupt daily operations.
“While the job market in the Philippines continues to thrive, so does the risk of encountering fraudulent applications. Falsifying credentials is a deception that directly affects a business,” says Ivy Ramirez, CIBI’s vice president for Service and Industrials (S&I). “Beyond immediate financial losses, fraudulent activity can undermine productivity, erode workplace trust, and damage a company’s reputation. Proactive verification is an essential step to protect both businesses and the integrity of the workforce.”
