Switzerland dubbed best place for talented workers

first_img– Advertisement – The U.S. came in 15th, ranked behind Germany (11th), Australia (13th), and Hong Kong (14th). It was just ahead of Ireland (18th), Taiwan (20th) and the U.K (23rd).Among the bottom 10 countries were: Russia, Bulgaria, Mexico, Romania, Colombia, Brazil, Venezuela, Slovak Republic, with India and Mongolia coming out last in the ranking.Now in its seventh year, the IMD annual ranking seeks to provide a picture of leading economies’ talent pools, and therefore their global competitiveness. It does so by drawing on a mixture of hard data and surveys to measure markets.- Advertisement – Switzerland was praised for its high-quality education system and focus on apprenticeships, as well as its ability to attract overseas professionals with high living standards and strong pay packets. Denmark, meanwhile, performed well for its emphasis of equal opportunity across society, and Luxembourg ticked up followed sustained investment in its workforce over recent years.Here are the top 10 countries on the list of 63 countries, which was heavily led by Western Europe.1. Switzerland 2. Denmark 3. Luxembourg 4. Iceland 5. Sweden6. Austria 7. Norway 8. Canada 9. Singapore10. the Netherlands- Advertisement – Countries are assessed across three key criteria: ‘Investment and development’ looks at how a country fosters domestic talent; ‘Appeal’ assesses the extent to which an economy retains homegrown talent and draws international talent; and ‘Readiness’ measures the quality of skills and competences available.As with previous years, the latest study was conducted between January and April, and as such, does not fully account for the impact of the pandemic. However, Jose Caballeros, senior economist at the IMD World Competitiveness Center, told CNBC Make It the findings provide some indication of which job markets may feel the greatest social and economic fallout.“The performance of the top talent-competitive countries remains relatively strong,” said Caballeros. “It is among the other economies where we see more fluctuation.”Indonesia, which came in at position 45, and Malaysia, which was 23rd on the list, both fell in the rankings this year. That was due to “brain drain” — the emigration of educated workers away from their home country — and a reduced ability to attract foreign highly skilled workers and international managers, Caballeros said. He added that the pandemic will likely make that problem worse.Meanwhile, other countries that are largely reliant on overseas talent, such as Singapore, Australia, the U.S. and the U.K., could also see a negative impact from recent border restrictions, the report noted.But Caballeros said the pandemic has also provided a spot of opportunity for economies to invest in their people and adapt to new ways of working.“Enabling employees to acquire new or redeploy existing skills — to transition to remote working for example — will also be essential to sustaining the effectiveness of the talent pool in the near future,” he said.“This effectiveness will be necessary to tackle the new challenges that may arise following the current crisis. Facilitating the adoption of flexible new technologies will also be helpful for such economies since they will be able to be redeployed to address the needs of a continuously changing context,” Caballeros added.Don’t miss: Happiness expert: One technique for staying upbeat during the pandemicLike this story? Subscribe to CNBC Make It on YouTube! Switzerland has been named the best place in the world for attracting and nurturing skilled workers, even as the coronavirus pandemic weighs on many countries’ ability to win over top talent.Retaining pole position for the fourth year running, the central European nation beat out other continental neighbors including Denmark, Luxembourg, Iceland and Sweden to secure the top spot in IMD’s World Talent Ranking 2020 released Thursday.- Advertisement –last_img read more

Aboagye:Black Stars to settle Egypt tie in Kumasi

first_imgEx-Ghana striker Felix Aboagye has urged the Black Stars to settle their 2014 World Cup play-offs tie against Egypt at home.The Ghanaians will host the North African side in the first leg on October 13 in the second largest city of Kumasi before travelling to Egypt for the return fixture at a yet to be determined venue.The Pharaohs are a strong side at their own backyard and will prove a difficult to crack.The 37-year-old, who played for Egyptian giants Zamalek, wants the tie to be settled in the garden city.“Since they are coming away first they are going to pack their midfield, play one striker and rely on a counter attack. He told Radio XYZ“It is vital that we open up the game and make sure that we split their defense and get goals as soon as the game starts. “I am very happy going into this game because if you look at the game we played previously, we scored in all of them both home and away with the exception of the one against Zambia in Ndola and that can help us mentally in a match of that magnitude”“The match must be won in Kumasi in the 1st leg so as that it will calm nerves ahead of the second leg.“They will deploy all kinds of tactics to frustrate us in these games especially in the 2nd leg in their backyard so it is important to settle the tie in Ghana when they visit.”last_img read more