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Friday, March 29, 2024
CEOWORLD magazine - Latest - Stats Gate - These Countries Are Best At Developing And Attracting Workforce Talent

Stats Gate

These Countries Are Best At Developing And Attracting Workforce Talent

Switzerland

Sweden has this year moved up five places in the annual World Talent Ranking compiled by the Switzerland-based International Institute for Management Development, moving from 8th to 3rd. Globally, Switzerland and Denmark remained the top two performers this year, followed by Sweden, Austria, and Luxembourg.

The Top 10 was completed by Norway (6th), Iceland (7th), Finland (8th), the Netherlands (9th) and Singapore (10th).

European dream …

Europe is the leading hub for the world’s talent, outperforming other regions in attracting, developing and retaining highly skilled employees. Switzerland tops the table, as it has done in each of the previous five editions.

China and India are lagging behind European countries in developing and attracting workforce talent as a result of their low quality of life and lower government spending on education, the report said.

Singapore was the only Asian entry in the top 10, coming in at the tenth position, while Hong Kong was ranked 15, ahead of Israel (No. 19), Taiwan (No. 20), and Malaysia (22). China was ranked 42, while India was ranked 59.

  1. Switzerland
  2. Denmark
  3. Sweden
  4. Austria
  5. Luxembourg
  6. Norway
  7. Iceland
  8. Finland
  9. Netherlands
  10. Singapore
  11. Germany
  12. USA
  13. Canada
  14. Belgium
  15. Hong Kong
  16. Australia
  17. New Zealand
  18. Ireland
  19. Israel
  20. Taiwan
  21. Cyprus
  22. Malaysia
  23. Portugal
  24. United Kingdom
  25. France
  26. Qatar
  27. Estonia
  28. Lithuania
  29. Saudi Arabia
  30. UAE
  31. Slovenia
  32. Spain
  33. South Korea
  34. Latvia
  35. Japan
  36. Italy
  37. Poland
  38. Kazakhstan
  39. Czech Republic
  40. Greece
  41. Indonesia
  42. China
  43. Thailand
  44. Ukraine
  45. Hungary
  46. Chile
  47. Russia
  48. Argentina
  49. Philippines
  50. South Africa
  51. Jordan
  52. Bulgaria
  53. Croatia
  54. Colombia
  55. Romania
  56. Peru
  57. Slovak Republic
  58. Turkey
  59. India
  60. Mexico
  61. Brazil
  62. Venezuela
  63. Mongolia

The report is based on three factors: investment and development of home-grown talent; appeal — the ability of an economy to tap into the overseas talent pool; and readiness — the availability of skills and competencies. The report assesses the ability of 63 economies to develop, attract and retain talent.

The Top 10: These countries are best at attracting and nurturing talented workers

countries are best at attracting and nurturing talented workers


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CEOWORLD magazine - Latest - Stats Gate - These Countries Are Best At Developing And Attracting Workforce Talent
Mindy Wright

Mindy Wright

Deputy Commissioning Editor
Mindy Wright is CEOWORLD magazine's Deputy Commissioning Editor, and leads global newsroom coverage and management. She oversees and coordinates coverage of the news and ideas in partnership with writers across the continent. She has reported from more than 15 countries across Asia, Europe, Africa and the Americas. She has advised CEOs, investors, boards, and high-profile industry leaders on a wide range of issues impacting the global business landscape. She can be reached on email mindy-wright@ceoworld.biz. You can follow her on Twitter at @ceoworld.