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.
- Hong Kong
- New Zealand
- United Kingdom
- Saudi Arabia
- South Korea
- Czech Republic
- South Africa
- Slovak Republic
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
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