Europe is the Best at Producing, Attracting and Retaining Talent

New index only places two non-European countries among top ten

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Mark Deville / Gamma-Rapho via Getty Images

INSEAD in Fontainebleau, France on March 25, 1991.

European countries dominate the first Global Talent Competitiveness Index (GTCI), a ranking of the quality of talent nations are able to produce, attract and retain.

Released on Tuesday, the report ranks Switzerland above the other 102 countries covered, based on information from UNESCO, the World Bank, World Intellectual Property Organization among other sources, Market Watch reports.

“There is a widespread mismatch between what companies need in terms of skills and what local labor markets can offer,” commented Ilian Mihov, Dean of INSEAD, the international business school that created the index, together with the Human Capital Leadership Institute of Singapore and Adecco. “The provision of fact-based quantitative indicators such as the GTCI can help identify options and facilitate action.”

GTCI Top Ten 2013:

  1. Switzerland
  2. Singapore
  3. Denmark
  4. Sweden
  5. Luxembourg
  6. The Netherlands
  7. United Kingdom
  8. Finland
  9. United States
  10. Iceland

[Market Watch]