Luxembourg was ranked 3rd place in the Global Talent Competitiveness Index. The country is one of the best in the world at attracting competitive talented employees and retaining them. Foreign and cross-border employees chose to work in the country because of the numerous opportunities and a large number of international companies present on the Luxembourg market.
Luxembourg, a talent competitive country
Luxembourg is one of the European countries competing in attracting and maintaining the talented and highly qualified workforce. The country was ranked 3rd in the Global Talent Competitiveness Index, behind Switzerland and Singapore.
A talent competitive country
offers an excellent business and employment environment – two factors that are important for attracting the talents they need within their workforce. Highly qualified individuals
who work in the country have the ability to raise economic growth and boost innovation.
Apart from being the third most talent competitive country in the world, Luxembourg was also named the best pool of global knowledge skills
within the same Index. The small country ranks well in sub-sectors like sustainability
and external openness
The Global Talent Competitiveness Index
The Global Talent Competitiveness Index is an annual report targeting a country’s ability to compete for talented workers. This means not only attracting them but also making them decide to remain and work in the country for a long period. The report is based on an annual study performed to monitor development in a number of countries. Two types of employee skills are measured: average/technical skills and high-end skills, ideal for entrepreneurship activities and innovation.
is an important factor for business and talent development. This Index is useful for business owners in Luxembourg
and can act as a practical tool in determining their opportunities for investment and further development in the country.