These countries are the best at attracting, developing and retaining talent
Europe dominates this year’s Global Talent Competitiveness Index, with Switzerland taking the top spot for the 10th consecutive time. What is it doing so right?
The Global Talent Competitiveness Index 2023 ranks 134 countries on their ability to attract, develop and retain skilled people.
Switzerland, Singapore and the US are the top three ranked countries for talent competitiveness.
Companies are exploring better promotion prospects and higher wages to attract more talent, according to the World Economic Forum’s Future of Jobs Report 2023.
Countries that can attract, develop and retain talent – skilled people – can boost their competitive edge in the global economy.
French business school INSEAD has been tracking the talent competitiveness of countries since 2013 and has just published the 10th edition of its Global Talent Competitiveness Index.
The 2023 index ranks 134 countries across all income groups on their talent performance to help countries shape policies and actions for improvement.
Which are the most talent-competitive countries?
Switzerland is ranked the world’s best country for attracting and nurturing talent for the 10th year in a row, followed closely by Singapore and the United States.
Denmark, the Netherlands, Finland, Norway, Australia, Sweden and the United Kingdom are the other top 10 countries for talent competitiveness.
Europe dominates the index with 17 countries in the top 25. Also joining the top 25 are Australia, Canada, New Zealand, the United Arab Emirates, South Korea and Israel.
Notably, this year marks the first time that Japan hasn’t made the top 25 – it’s been replaced by South Korea.
World Economic Forum