Singapore has emerged in second place for the 2018 Global Talent Competitiveness Index (GTCI) report.
The index assesses the policies and practices that enable a country to attract, develop and retain talents with both technical domain skills, as well as the skills associated with innovation, entrepreneurship and leadership.
Switzerland still leads the way in terms of talent competitiveness, followed by Singapore and the United States. In general, European countries continue to dominate the rankings, with 15 in the top 25.
This year's results revealed that the top ten countries have one major feature in common – a well-developed educational system providing the social and collaboration skills needed for employability in today’s labour market.
In addition, the countries also have flexible regulatory and business landscapes, as well as employment policies which combine flexibility and social protection.