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Switzerland remains the most talent competitive country in the world

Switzerland remains its position at the top of the Global Talent Competitiveness Index 2018, recently published by INSEAD. The country excels at retaining domestically developed talent, particularly by offering an ideal economic environment in terms of its regulatory, market, as well as business and labor landscapes. Zurich ranks first among 90 cities assessed, thus moving up one spot from last year.

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Switzerland excels at growing, attracting and retaining talent. (Picture: © GTCI 2018)

Switzerland realizes the importance of leveraging diversity as a resource, thus remaining top of the Global Talent Competitiveness Index (GTCI) in 2018 and retaining its spot of previous years. The alpine country is especially sensitive to cognitive diversity; it retains the talent it grows and is welcoming to outside talent. Switzerland is followed by Singapore, the US, Norway and Sweden.

Developed by INSEAD, the Adecco Group and TATA Communications, the GTCI provides a benchmarking tool for governments, cities, businesses and not-for-profit organizations to help design their talent strategies, overcome talent mismatches and be competitive in the global marketplace. It is an annual benchmarking report that measures and ranks 119 countries and 90 cities based on their ability to grow, attract and retain talent.

Excellence in training and education

Switzerland is very successful in attracting and retaining a highly skilled workforce and global talent. Only recently, the country has achieved the top position on another index, the IMD World Talent Ranking 2017. Access to a strong and diverse labor pool is one of the main reasons for major players such as Google, Roche, Novartis, Nestlé, Disney or Microsoft to run their global business and research centers out of Switzerland.

In order to maintain a rich pool of highly skilled staff, Switzerland strives for excellence in training and education. The country’s internationally renowned academic education is supplemented by direct, practical apprenticeships – constituting a dual education system. Several hundred professions are geared toward the requirements of the economy, providing a highly qualified and experienced workforce.

Zurich is top of the list

For the second year, GTCI includes a ranking of talent competitiveness in cities, the GCTCI. Zurich ranks first, thus moving up from second spot in the previous year. Zurich  scored highly for openness, business-government relations, and international relations. It is followed by Stockholm, Oslo, Copenhagen and Helsinki.

Handbook for Investors

Our handbook contains 168 pages of information setting out the key advantages of Switzerland as a business location as well as the current investment climate, production costs, taxes, infrastructure and new technologies, financing and legal matters.

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In Zurich we find highly qualified, internationally experienced specialists for our team, a major factor in our business.

Jan Valentin
Managing Director, KAYAK Europe GmbH

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