Increasing SMEs' competitive advantage in the job market

WITH the ever-changing landscape of the job market, employers are faced with the challenge of attracting top talent and retaining them in the company. This is an even more difficult task for small and medium enterprises (SMEs).

SMEs account for 65 percent of total employment in the Philippines and are considered the true backbone of the economy; but they are at a disadvantage in the job market compared to larger corporations due to one crucial factor — salary.