For the last six years, the Global Talent Competitiveness Index (GTCI) has ranked countries and major cities on their ability to attract, develop and retain talent.
GTCI is an annual benchmarking report compiled by international business school INSEAD with The Adecco Group and Tata Communications. It measures and ranks 119 countries and 90 cities based on their ability to grow, attract and retain talent.
Here’s a closer look at the places that came top in the 2018 ranking, which was released at the World Economic Forum Annual Meeting in Davos.
Top five countries
The study measures the performance of countries – there are 119 in the index – using six pillars:
First-placed Switzerland performs strongly over all six pillars, but is particularly good at retaining talent, and offers “an ideal economic environment in terms of its regulatory, market, business and labour landscapes”.
Next is Singapore, which comes top in the Enable category for its ability to attract talent from abroad.
The USA is in third place, performing particularly well in the Grow pillar. This is due in part to its leading network of universities and the opportunities for career development. As a result, the US has an outstanding pool of Global Knowledge Skills.
Offering access to social protection and benefits and a good lifestyle, Norway, like Switzerland, excels at retaining talent.
Sweden performs well across all six pillars, but is especially good at retaining talent.
Read the full article as featured on the World Economic Forum’s Agenda blog