Australia Ranks 19th In Global Survey For Retaining Top Talent

Australia Ranks 19th In Global Survey For Retaining Top Talent

A new study has ranked Australia 19th globally for being able to retain and attract top talent.

The study, by leading business school IMD, assessed the methods 63 countries use to attract and retain the talent their businesses need to thrive. The study was not media/marketing specific.

Switzerland topped the list as the nation best at recruiting top minds. You can read the study in full here.

Europe continues to dominate the 2017 list, with 11 out of the 15 most talent competitive economies based on the continent, after a strong performance in 2016. Switzerland, Denmark and Belgium remain the most competitive countries in the 2017 IMD World Talent Ranking.

Austria, Finland, the Netherlands, Norway, Germany, Sweden and Luxembourg make up the top-ten.

The study draws on an in-depth survey of thousands of executives from 63 different economies, and more than two decades’ data from the IMD World Competitiveness Center.

The IMD World Talent Ranking is based on countries’ performance in three main categories — investment and development, appeal and readiness. The three categories assess how countries perform in a wide range of areas. These include education, apprenticeships, workplace training, language skills, cost of living, quality of life, remuneration and tax rates.

Australia ranked an okay 19th but was till beaten by the likes of New Zealand, Canada, Hong Kong, Singapore and the US. Check out the full rankings below:

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