This week Davos will be the capital of the world economy, welcoming leaders from all over the world in the 49th edition of the «World Economic Forum». With the snow and low temperatures in the background, Adecco, together with the Insead business school and the Tata Communications agency, has presented in the Swiss city the Sixth Global Talent Competitiveness Index (GTCI), which analyzes a total of 125 countries in labor, social, educational, political, professional and political skills.
This year it has focused on "entrepreneurial talent", an element that Adecco considers key for competitiveness and innovation. The index focuses on the capacity of countries to manage talent through the attraction, growth and retention of it.
For the global director of Human Resources of Adecco, Gordana Landen, "focusing on entrepreneurial talent is essential to promote competitiveness and innovation required by the current market, which evolves at a rapid pace, where globalization and digitalization impose a high pace and to achieve it, new approaches, tools, practices are needed »
With respect to Spain, ranked 31, same position as last year, although it improves its relative position since in the 2018 report 119 countries were analyzed. However, the total score of our country has dropped 2.06 points, to a total of 52.85. It is located just above Chile, Costa Rica and Lithuania, while South Korea, Slovenia and Portugal precede it.
Spain has a good level of talent retention, a section where it has its best score in the ranking for its good work on issues such as sustainability and lifestyle. In addition, it also stands out in skills for knowledge, having a high percentage of the population with higher education.
However, there are several aspects where Spain has much to improve. In particular, the index shows that it does not offer many opportunities for women so that they occupy a management position. Our country is ranked 112 out of 125, its worst position being analyzed. In this matter, the Budgets collect a measure where will offer tax incentives to those companies that put women on their board of directors. In the other aspect referred to the difference between men and women, the salary wage, Spain is ranked 50th.
Other sections to improve is the ease of hiring (position 105), a fact that last year It was already the worst. In addition, it is also stressed that there is a need to improve the relationship of salaries with productivity and collaboration between agencies.
The leaders are also in education
One more year, the ranking is led by Switzerland, Singapore and the United States, just ahead of Norway and Denmark. The Nordic countries in general are in a good position, since Finland and Sweden also occupy the sixth and seventh place, respectively. The report highlights that the first ten countries have aspects in common. First of all, they have a very developed educational system and also flexible employment policies and offering social protection.
For its part, once again the index includes an independent ranking that includes key cities in competitiveness and talent. This year is led by Washington, followed by Copenhagen and Oslo. The four Spanish cities included are among the best 60 of the 114 analyzed: Madrid (23), Bilbao (44), Barcelona (49) and Zaragoza (54). The bad news is that all of them have declined positions compared to last year, in addition to having fewer points, but notes that the capital manages to be among the ten best in terms of talent retention.