JACKSONVILLE, Fla.,
Jan. 27, 2015 /PRNewswire/
-- The United States ranked fourth internationally in
producing, retaining and attracting talent, according to the second
annual Global Talent Competitiveness Index (GTCI). The Index, which
is a partnership between graduate business school INSEAD, the Human
Capital Leadership Institute of Singapore, and Adecco Group, the world's
leading provider of human resource solutions, highlighted how vital
talent is in today's competitive global economy.
The GTCI, which measured the competitiveness of 93 nations based
on the quality of developed and acquired talent combined along with
the range and strength of skills available within the labor market,
allows countries to determine and compare where they fall in the
global war for talent.
For the second year in a row, Switzerland and Singapore took the two top spots. The index
continued to be dominated by European nations, but saw shifts in
rankings with Luxembourg,
the United States and Canada rounding out the top five
countries.
With the United States coming
in fourth position, key findings around the U.S. talent landscape
included:
- The U.S. led the way in growing its own talent (e.g. formal
education, lifelong training, access to networks) and also in terms
of a large pool of skills with global knowledge (scientists,
engineers and people that innovate and engage in entrepreneurial
activities).
- While access to formal education was a strength for the
country, the U.S. was average in math, reading and science scores;
the U.S. also fell short in student-to-teacher ratios.
- The largest 'gap' of the United
States in comparison to the top performing countries is in
the Attract pillar. This pillar examined external and internal
openness of countries along with the ease that individuals can
enter the workforce. The U.S. did well in mobility and brain gain
but ranked lower in foreign direct investment (FDI) inflows, the
prevalence of foreign business ownership, and FDI investments
around bringing new technology to the country.
- The biggest area for improvement for the U.S. is around the
development of vocational and skills-oriented training. While these
programs have often been downplayed, the benefits of vocational
training are numerous.
"In the last year, we've seen the U.S. workforce make some major
strides, but we must continue to look at ways we can ensure more
Americans find jobs," said Bob
Crouch, Chief Executive Officer of Adecco Group North
America. "This Index draws attention to areas where the United States is leading the war for
talent, but also shows opportunities for improvement. It's time for
the public, private and education sectors to come together and
determine ways that we can improve the current and future workforce
for Americans."
To view the GTCI report in full, please visit:
http://adec.co/GTCI2014Report.
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:
- Contingent staffing and direct hire recruitment for large
enterprise organizations across all skill sets
- Workforce solutions and consulting including Managed Services
Programs (MSP) & Recruitment Process Outsourcing (RPO)
- Career transition and leadership consulting
- Specialty 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 approximately 32,000
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 our 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).
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SOURCE Adecco Group North America