United States Ranks Ninth In Global War For Talent
Global Talent Competitiveness Index Measures Countries on Their Ability to
Produce, Retain and Attract Talent
MELVILLE, N.Y., Dec. 19, 2013
MELVILLE, N.Y., Dec. 19, 2013 /PRNewswire/ --The United States is falling
behind Europe in producing, retaining and attracting talent, according to the
first edition of the Global Talent Competitiveness Index (GTCI). The Index,
which was published by INSEAD and based on research co-conducted with the
Human Capital Leadership Institute of Singapore (HCLI) and in partnership with
Adecco Group, highlights how vital talent is in today's competitive global
The GTCI, which measures a nation's competitiveness based on the quality of
talent it develops, attracts and retains through a range of output and input
variables, will help countries determine and compare where they fall in the
war for talent against that of other nations.
The Index, which featured 103 countries representing 86.35 percent of the
world's population and 96.7 percent of the world's GDP, found that Switzerland
is leading the war for talent. The top 10 list was heavily dominated by
European nations with only two other countries—Singapore and the United
States—taking a spot. Also coming in close were Canada (11^th) and Norway
The top-ranked countries had many characteristics in common including a
commitment to education, a history of immigration and a clear strategy on how
to grow talent while attracting the best of the best from around the world.
Although most of the top countries on the Index were high–income, some
upcoming talent champions like Malaysia and Estonia are showing signs of
promise for the future.
As the largest of the countries in the top 10, The United States ranked 9^th
in the Index. Some key findings around the U.S. talent landscape included:
oThe U.S. ranked 3^rd globally in the Growth portion of the Index which
reviewed access to formal education, the quality of top universities in a
country and the number of students who enroll in a college or university;
the U.S. was average in math, reading and science scores and fell short in
pupil to teacher ratios.
oWithin the Enablers portion, the U.S. ranked 1^st in labor market
flexibility, 2^nd in the overall business landscape, 3^rd in the ease of
doing business and 4^th in the overall market landscape, which looked at
factors including competition and innovation.
oThe U.S. was the global leader in the ratio of female professionals and
technical workers to their male counterparts and was among the world
leaders in the Global Knowledge portion (7^th) with a high level of
legislators, senior officials and managers (2^nd).
oThe U.S. ranked 3^rd globally in productivity per employee.
oYouth employment rates could present a serious concern as the U.S. ranked
"In today's global economy, it's become increasingly clear how important
talent is as a resource," said Bob Crouch, Chief Executive Officer of Adecco
Group North America. "This Index shows that there are areas where the United
States is excelling, but there is always room for improvement when it comes to
attracting the best and the brightest. The public and the private sectors must
work together to determine what the future workforce will need to excel
through education and an understanding of the skills employers will need in
About Adecco Group North America
Every day we provide our clients with the talent they need, and help solve the
business challenges they face today – and will encounter tomorrow. Our clients
rely on us for a wide range of workforce solutions including:
oContingent staffing and direct hire recruitment for large enterprise
organizations across all skill sets
oWorkforce solutions and consulting including Managed Services Programs
(MSP) & Recruitment Process Outsourcing (RPO)
oCareer transition and leadership consulting
oSpecialty staffing, project solutions and consulting services
About the Adecco Group
The Adecco Group, based in Zurich, Switzerland, is the world's leading
provider of HR solutions. With over 31,000 FTE employees and around 5,100
branches, in over 60 countries and territories around the world, Adecco Group
offers a wide variety of services, connecting more than 650,000 associates
with over 100,000 clients every day. The services offered fall into the broad
categories of temporary staffing, permanent placement, career transition and
talent development, as well as outsourcing and consulting. The Adecco Group is
a Fortune Global 500 company.
Adecco S.A. is registered in Switzerland (ISIN: CH0012138605) and listed on
the SIX Swiss Exchange (ADEN).
Adecco Group North America
SOURCE Adecco Group North America
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