ManpowerGroup Solutions Launches New Insight and Data-Led Total Workforce Index™ to Help Companies Identify the Best Countries to Find Skilled Talent
In a global analysis of 75 markets, the TWI identifies those countries where workforce skills, productivity and labor regulation make it most favorable to conduct business. In the 2017 report,
View the full 2017 Total Workforce Index™ at www.totalworkforceindex.com
"Access to skilled talent and effective labor policy are just as important as access to capital and other economic factors for companies when choosing where to locate their operations," said
New Zealand, Hong Kong, Singapore, Australiaand Philippinesrank highly in the APAC TWI. Nearly 60% of the global population sits in the APAC region1. New skills requirements, updated tax policy and labor laws have shifted some of the cost benefit scenarios in the region, now some smaller markets, such as Hong Kongand Singaporeare now more effective when sourcing certain skills or supporting shift schedules. AMERICAS: Canadaand the U.S.hold the top two positions in the Americasregion, due to the stable maturity of their workforce, followed by Chile, Uruguayand Mexico. Across South and Central Americamicro market shifts can have a similarly high impact as large legislative changes on hiring practices, increasing complexity - the lowest ranked countries across the global TWI are also located in the Americas; Paraguay, Brazil, Honduras, Boliviaand Venezuela.
- EMEA: The top five ranked countries in the region are
Ireland, UK, United Arab Emirates, Israeland Denmark. These countries are also ranked sixth to tenth in the global top ten countries. The accelerated migration across Europe, coupled with shifting wages and legislation, has altered how skills are dispersed and priced across the region.
About the Total Workforce Index™
The Total Workforce Index™ (TWI) uses a proprietary algorithm to measure the relative ease of sourcing, hiring and retaining a workforce in competing labor markets around the world. The TWI compiles more than 90 key factors which relate to the Availability, Cost Efficiency, Regulation and Productivity of the workforce of each country. Unlike any other Workforce Index, the Total Workforce Index™ considers the entire workforce and not a single segment of the workforce in each country. The inclusion of the complete workforce allows for segmentation, to review and analyze the contingent and permanent workforce considerations, in addition to the sum of these two workforce segments
About ManpowerGroup Solutions
ManpowerGroup Solutions provides clients with outsourcing services related to human resources functions, primarily in the areas of large-scale recruiting and workforce-intensive initiatives that are outcome-based, thereby sharing in the risk and reward with our clients. Our solutions offerings include TAPFIN-Managed Service Provider,
View original content with multimedia:http://www.prnewswire.com/news-releases/manpowergroup-solutions-launches-new-insight-and-data-led-total-workforce-index-to-help-companies-identify-the-best-countries-to-find-skilled-talent-300534388.html
SOURCE ManpowerGroup Solutions
News Provided by Acquire Media