Each year, the Global Talent Competitiveness Index (GTCI) evaluates the degree of attractiveness and ability of different countries and cities to attract, train and retain the employees of today and tomorrow. So what’s the verdict of the 2017 edition?
The Top 10 most competitive countries
- United Kingdom
- United States
N.B.: various criteria are taken into account to establish these rankings, such as having an education system suited to the needs of the developing market, employment policies that favour flexibility, mobility and entrepreneurship, social protection for all, a high level of technological skills, a certain quality of life, etc. The top spots in the GTCI are thus occupied by developed countries with high incomes, primarily European states, which make up 16 of the Top 25. There are also four Scandinavian countries in the Top 10 (Sweden, Denmark, Finland and Norway), as well as three non-European countries making their debuts (Singapore, United States and Australia). The Netherlands, meanwhile, occupies 11th place in the table, while Belgium comes in 16th.
The Top 10 most attractive cities
- San Francisco
- Los Angeles
N.B.: to produce the rankings, the authors considered specific evaluation criteria such as the quality and cost of living, safety, health, universities, etc. Unsurprisingly then, it’s in the major cities that the future of employment takes shape, since they possess numerous advantages, such as excellent networking possibilities, high-quality infrastructure, good cultural environments, easy access to key services such as health and education, etc. But with the exception of San Francisco, Madrid, Paris and Los Angeles, the cities in the Top 10 have an average population of under 400,000, an observation that confirms the emerging trend for talent to prefer average-sized cities to vast metropolises.
Source: study conducted by INSEAD The Business School of the Word in partnership with The Adecco Group and the Singapore Human Capital Leadership Institute (HCLI).