By Marie Visot
Posted 2 hours ago, updated 41 minutes ago
According to Insead, “European countries dominate the top 25”. Denys Rudyi / stock.adobe.com
France, which has climbed steadily in the Global Talent Competitiveness Index for the past ten years, remains at the same place as last year.
Switzerland remains the country best placed to attract talent, according to the 2022 edition of the Global Talent Competitiveness Index (GTCI), released this Thursday by Insead, the Portulans Institute and the Human Capital Leadership Institute , to bring forth and to keep. Singapore, Denmark and then the United States follow closely behind. This is the first time the Nordic country has finished in the top three. “European countries dominate the top 25” in this ranking, which scrutinized 133 countries, underline the institutions.
We still have to wait for 19th place to see France finish; the same as last year. “For 10 years, apart from 2017, France’s position has continuously improved, reflecting better competitiveness,” says Bruno Lanvin, co-founder of the Index at Insead, the renowned body for higher education. Note that China climbs to 36th place and is “becoming the most competitive upper-middle-income country in terms of talent.”
France’s result is largely explained by being in the top 10 in terms of talent production (9th place). According to the study, the basis for this is high-quality education (15th); Above all, it is the world leader in lifelong training (4th place), including for executives. France is also well positioned when it comes to “professional and technical skills”. On the other hand, the balance sheet shows that, compared to other European countries such as Germany or Switzerland, apprenticeship and working student activity is far behind, even if it has developed significantly in the last three years. The flexibility of the labor market is also below that of its neighbors. Finally, there are some concerns related to the current skills shortage and the difficulty of finding qualified employees (ranked 43rd for employability).
life quality
The indices also show that “France is a good country to live in, certain medium-sized cities really attract talent,” stresses Bruno Lanvin. France’s problem stems more from its ability to attract talent, “the lowest pillar in France,” according to the study. Which notes that it could improve with greater “external openness” to foreign talent (for which France ranks 22nd) and increased “internal openness” (26th) “thanks to greater tolerance for minorities and immigrants,” says the Study. And Bruno Lanvin cites the example of Canada with the initiative to seek out foreign populations. To meet the labor needs, the country has developed a plan to find more workers and attract more skilled foreigners in key sectors like manufacturing and healthcare. France is just beginning to move in this direction. This Wednesday, Labor and Home Affairs Ministers Olivier Dussopt and Gérald Darmanin announced that they are considering outreach to immigrant workers in a bid to overcome the hiring difficulties that have exploded in France over the past two years. In particular, this would include the creation of a “short-term employment” residence permit.
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