Japan 41st In Attracting Talent In 2022: Swiss Survey

Japan ranked 41st out of 63 economies in 2022 in attracting and retaining talent, down two spots from a year earlier and the fourth straight year of decline, according to a survey by a Swiss institute, Kyodo News reported.

Photo Insert: In a breakdown, Japan ranked 63rd, or the lowest, for the international experience of senior managers and 62nd for language skills.

Switzerland topped the list, followed by Sweden, Iceland, Norway and Denmark. Of Indo-Pacific economies, Singapore was 12th, Hong Kong 14th, the United States 16th, Australia 18th, China 40th, Thailand 45th, and Indonesia 51st.

In a breakdown, Japan ranked 63rd, or the lowest, for the international experience of senior managers and 62nd for language skills, the International Institute for Management Development (IIMD) said in the World Talent Ranking report released in December.

In contrast, the world's third-largest economy came fifth for education levels of 15-year-olds and eighth for management remuneration, Mainichi Japan also reported.

In comparison, Singapore ranked fifth for the international experience of senior managers and 10th for language skills. The city-state placed third for the percentage of graduates in the sciences and fifth for business environment appeal to highly skilled foreign personnel.

The annual ranking evaluates the capacity of an economy to develop the skills and competency of its domestic talent and to appeal to the international talent pool to satisfy the local market's employment demand and enhance its overall competitiveness.

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