The annual Global Talent Competitiveness Index (GTC) has downgraded India with 11 places and landed it to 89th position.
- The top position was held by the Switzerland followed Singapore, Luxembourg, United States and Denmark.
- GTCI 2015-16 focuses on the highly topical issue of international mobility and its impact on talent competitiveness.
- Global Talent Competitiveness Index (GTC) was released by INSEAD business school in partnership with Adecco Group and the Human Capital Leadership Institute of Singapore.
- India ranked worst among 5 BRICS countries while China leads the chart with a global rank of 48.
- Challenge for countries such as China and India is to attract talent from abroad.
- In terms of attracting talent China has a low performance and ranked at 71st and India shows one of the worst scores with 103rd rank.
- India and China remain a net exporter of talent.
- Gap in terms of vocational skills, however, is not limited to BRICs and emerging economies, it extends to a number of high-income countries, such as Ireland, Belgium or Spain.
- Mobility has become key to talent development and creative talent cannot be developed if international mobility and ‘brain circulation’ are not encouraged.
About Global Talent Competitiveness Index (GTCI):
The GTCI is an annual benchmarking study measuring the ability of countries to compete for talent. Designed as a practical tool for governments, businesses and non-profit organisations, GTCI ranks over 100 economies according to their ability to develop, attract and retain talent.
- Established – 2013