THE AMERICAS
EUROPE
ASIA PACIFIC MEXICO
UNITED STATES
CANADA
JAPAN
CHILE
BRAZIL
UNITED KINGDOM
IRELAND
PORTUGAL
BELGIUM
POLAND CHIN
A
HUNGARY
GERMANY
ITALY
RUSSIA
AUSTRIA
SWEDEN
LUXEMBOURG
DENMARK
SWITZERLAND
FRANCE
SPAIN
AUSTRALIA
NEW ZEALAND
INDIA
HONG KONG
SINGAPORE
CZECH REPUBLIC
THE NETHERLANDS
CREATING THE HAYS GLOBAL SKILLS INDEXThe Hays Global Skills Index highlights the main pressure points impacting the labour markets of 30 countries.
The Hays Index ranges from 0 to 10.0 where a score of 5.0 indicates a generally balanced picture for labour markets. This suggests fi rms are able to recruit, retain or replace their key talent at prevailing wage rates. A score close to 0 indicates, on average, less intense competition for key vacancies. A score close to 10.0 indicates severe di� culty in fi lling key vacancies.
• Education fl exibility. Measures whether the education system can adapt to meet organisations’ future talent needs, particularly in the fi elds of mathematics, science and literacy. A high score means there is limited potential or capacity to increase education performance and output. A low score indicates there is considerable scope to expand the output and quality of the local educational system.
• Labour market participation. Measures the degree to which a country’s talent pool is fully utilised. A high score means that the proportion of working age people that are employed (or are available for immediate work) is not increasing, indicating constraints on the availability of additional resource. A low score means that the participation rate refl ects the increasing availability of talent to join the workforce.
• Labour market fl exibility. Assesses the legal and regulatory environment faced by businesses. A high score means the labour market legislation is judged to be infl exible and there are constraints on the ability of inward migrants to fi ll talent gaps. A low score means the labour market legislation is judged to be fl exible, with an openness to immigration.
• Talent mismatch. Measures the mismatch between the skills needed by businesses and skills possessed by the labour force. A high score means that the numbers of long-term unemployed and vacancies are both increasing suggesting the available labour does not have the skills employers want. A low score implies that employers are having an easier time fi nding the talent they need.
• Overall wage pressure. Whether wages are keeping pace with historic trends, which is a measure of overall labour market tightness. A high score means real wages are increasing quickly relative to the longer term. A low score means real wages are not rising quickly (or are even declining) relative to the longer term.
• Wage pressure in high-skill industries. The rate at which wages in high-skill industries outpace those in others. A high score means wages in high-skill industries are rising much faster than in low-skill industries. A low score means wages in high-skill industries are not rising faster than in low-skill industries.
• Wage pressure in high-skill occupations. A measure of wage premium paid in high-skill occupations, which is an indicator of shortages of key talent. A high score means wages in high-skill occupations are rising faster than in low-skill occupations. A low score means wages in high-skill occupations are not rising faster than in low-skill occupations.
These seven criteria are all given equal weighting.
Each country’s Hays Index is surrounded by a coloured dial indicating the score ranges for the seven labour market indicators.
The analysis on which the Hays Global Skills Index was based utilised data as of Q2 2013. Developments subsequent to this date are not refl ected in the 2013 fi ndings.
Education flexibility
Labour market participation
Labour market flexibility
Talent mismatch
Overall wage pressure
Wage pressure in high-skill industries
Wage pressure in high-skill occupations
5.1
LOW PRESSURE HIGH PRESSURE
0 5 107.52.5
Listed below are the main offi ces for each of our countries of operation. To fi nd your local offi ce, please visit hays.com
THE HAYS GLOBAL SKILLS INDEX 2013
In partnership with:
hays.com
© Copyright Hays plc 2013. HAYS, the Corporate and Sector H devices, Recruiting experts worldwide, the HAYS Recruiting experts worldwide logo and Powering the World of Work are trade marks of Hays plc. The Corporate and Sector H devices are original designs protected by registration in many countries. All rights are reserved. The reproduction or transmission of all or part of this work, whether by photocopying or storing in any medium by electronic means or otherwise, without the written permission of the owner, is restricted. The commission of any unauthorised act in relation to the work may result in civil and/or criminal action. PLC–6962.
AustraliaT: +61 (0)2 8226 9600F: +61 (0)2 9233 1110Level 11, Chifl ey Tower2 Chifl ey SquareSydney NSW [email protected]
AustriaT: +43 1 535 34 43 0F: +43 1 535 34 43 299Europaplatz 3/51150 [email protected]
BelgiumT: +32 (0)56 653600F: +32 (0)56 228761Harelbeeksestraat 81B-8520 [email protected]
BrazilT: +55 11 3046 9800F: +55 11 3046 9820Rua Pequetita215 – 13° andarSao Paulo, [email protected]
CanadaT: +1 416 367 4297F: +1 416 203 19236 Adelaide Street EastSuite 600, Toronto, OntarioM5C [email protected]
ChileT: +56 (2) 449 1340 F: +56 (2) 449 1340Cerro El Plomo 5630 Of. 1701 P.O. 7560742, Las Condes [email protected]
ChinaT: +86 (0)21 2322 9600F: +86 (0)21 5382 4947Unit 3001Wheelock SquareNo. 1717 West Nan Jing Road Shanghai [email protected]
ColombiaT: +57 (1) 742 25 02F: +57 (1) 742 00 28Paralelo 108Autopista Norte # 108-27Torre 2 – Ofi cina 1105Bogotá [email protected]
Czech RepublicT: +420 225 001 711F: +420 225 001 723Olivova 4/2096110 00 Praha [email protected]
DenmarkT: +45 3315 5600F: +45 3315 5601Kongens Nytorv 8DK-1050 København [email protected]
FranceT: +33 (0)1 42 99 16 99F: +33 (0)1 42 99 16 93Building Gaveau11, avenue Delcassé75008 [email protected]
GermanyT: +49 (0)621 1788 0F: +49 (0)621 1788 1299Willy-Brandt-Platz 1-368161 [email protected]
Hong KongT: +852 2521 8884F: +852 2521 8499Unit 5803-07, 58th FloorThe Center99 Queen’s Road [email protected]
HungaryT: +36 1 501 2400 F: +36 1 501 2402 Bank Center 1054 Budapest Szabadság tér 7. Gránit torony 10. emelet [email protected] hays.hu
IndiaT: +91 124 475 2500 11th Floor, Building 9b DLF Cyber City Gurgaon 122002 hays.com
IrelandT: +353 (0)1 897 2481F: +353 (0)1 670 47382 Dawson StreetDublin [email protected]
ItalyT: +39 (0)2 888 931F: +39 (0)2 888 93 41Corso Italia, 1320122 [email protected]
JapanT: +81 (0)3 3560 1188F: +81 (0)3 3560 1189Akasaka Twin TowerMain Tower 7F2-17-22 AkasakaMinato-KuTokyo, [email protected]
LuxembourgT: +352 268 654F: +352 268 654 10Boulevard Royal 26b2449 [email protected]
MalaysiaT: +603 2786 8600F: +603 2786 8601Level 23Menara 3 PetronasKLCC 50088Kuala [email protected]
MexicoT: +52 (55) 52 49 25 00F: +52 (55) 52 02 76 01Paseo de las Palmas 405Torre Optima 1Piso 10Lomas de Chapultepec11 000 Mexico [email protected]
The NetherlandsT: +31 (0)20 3630 310F: +31 (0)20 3630 316H.J.E. Wenckebachweg 2101096 AS [email protected]
New ZealandT: +64 (0)9 377 4774F: +64 (0)9 377 5855Level 12, PWC Tower188 Quay StreetAuckland [email protected]
PolandT: +48 (0)22 584 56 50F: +48 (0)22 584 56 51Ul. Złota 5900-120 [email protected]
PortugalT: +351 21 782 6560F: +351 21 782 6566Avenida da República90 – 1ºFracção 4, [email protected]
RussiaT: +7 495 228 2208F: +7 495 228 2500Citydel Business Center9, Zemlyanoy Val105 064 [email protected]
SingaporeT: +65 (0) 6223 4535F: +65 (0) 6223 623580 Ra� es Place#27-20 UOB Plaza 2Singapore [email protected]
SpainT: +34 91 443 0750F: +34 91 443 0770Plaza de Colón 2Torre 2, Planta 328046 [email protected]
SwedenT: +46 (0)8 588 043 00F: +46 (0)8 588 043 99Stureplan 4C11435 [email protected]
SwitzerlandT: +41 (0)44 2255 000F: +41 (0)44 2255 299Nüschelerstr. 328001 Zü[email protected]
United Arab EmiratesT: +971 (0)4 361 2882F: +971 (0)4 368 6794Block 19, 1st Floor O� ce F-02Knowledge VillageP.O. Box 500340, [email protected]
United KingdomT: +44 (0)20 3465 0000F: +44 (0)20 7510 50504th Floor107 CheapsideLondonEC2V [email protected]
USAT: +1 201 209 2870F: +1 201 433 335830 Montgomery StreetSuite 680Jersey City, NJ [email protected]
THE HAYS GLOBAL SKILLS INDEX 2013
PLC-6992-2_Hays_GSI_2013_Poster-2.indd 1 26/09/2013 18:55
EUROPE
THE NETHERLANDS POLAND PORTUGAL RUSSIA SPAIN SWEDEN SWITZERLAND UNITED KINGDOM
THE AMERICAS
BRAZIL CANADA CHILE MEXICO UNITED STATES
EUROPE
AUSTRIA BELGIUM CZECH REPUBLIC DENMARK FRANCE GERMANY HUNGARY IRELAND
ITALY LUXEMBOURG
Education flexibility
Talent mismatch
Overall wage pressure
Labour market participation
Labour market flexibility
Wage pressure in high-skill industries
Wage pressure in high-skill occupations
ASIA PACIFIC
AUSTRALIA CHINA HONG KONG INDIA JAPAN
NEW ZEALAND SINGAPORE
3.0
5.4
7.1
9.1
9.5
6.1
5.9
50 102.5 7.5
Education flexibility
Talent mismatch
Overall wage pressure
Labour market participation
Labour market flexibility
Wage pressure in high-skill industries
Wage pressure in high-skill occupations
Education flexibility
Talent mismatch
Overall wage pressure
Labour market participation
Labour market flexibility
Wage pressure in high-skill industries
Wage pressure in high-skill occupations
Indicators
Indicators
Indicators
6.0
6.0
8.8
5.5
3.9
4.4
4.7
50 102.5 7.5
5.6
5.1
3.9
8.0
5.6
6.5
6.7
50 102.5 7.5
6.0
5.2
5.9
6.0
6.7
2.4
1.1
50 102.5 7.5
4.8
5.8
7.4
5.7
4.7
10.0
3.0
50 102.5 7.5
6.6
5.8
4.3
10.0
4.2
7.8
6.4
50 102.5 7.5
5.0
4.0
4.4
7.1
8.0
6.0
4.3
50 102.5 7.5
1.3
3.0
8.0
6.0
8.6
3.0
5.0
50 102.5 7.5
1.7
4.9
1.7
4.8
8.7
5.6
1.0
50 102.5 7.5
0.2
4.6
7.0
5.0
4.1
3.6
5.0
50 102.5 7.5
ASIA PACIFIC
10 10
6.0
5.0
3.9
4.0
5.2
7.6
3.6
50 102.5 7.5
5.9
5.0
4.7
2.2
5.9
0.0
4.3
50 102.5 7.5
8.0
4.6
4.1
0.7
1.7
5.5
6.3
50 102.5 7.5
6.3
5.6
2.9
6.1
2.5
0.0
5.8
50 102.5 7.5
3.5
4.2
8.0
6.9
4.7
5.2
4.0
50 102.5 7.5
6.4
4.7
6.9
4.1
5.7
10.0
6.6
50 102.5 7.5
6.9
4.8
4.6
9.0
3.8
10.0
4.8
50 102.5 7.5
4.8
6.6
3.1
10.0
1.3
6.1
6.5
50 2.5 7.5
10
5.7
3.8
6.0
6.6
1.2
0.0
2.0
50 2.5 7.5
6.2
5.5
3.8
8.4
3.8
4.8
5.4
50 102.5 7.5
4.6
6.2
4.8
3.5
0.0
6.1
4.6
50 2.5 7.5 10 10
5.6
4.6
6.6
3.3
3.9
7.3
4.9
50 2.5 7.5
4.6
6.4
6.1
10.0
4.7
10.0
0.0
50 102.5 7.5
4.0
10
7.5
4.1
7.6
5.0
5.6
8.0
4.8
50 102.5 7.5
4.6
7.2
5.0
10.0
1.6
8.8
50 2.5 7.5 10
10
7.1
3.7
6.2
6.4
6.1
10.0
4.7
50 102.5 7.5
3.8
4.8
2.3
5.7
6.4
5.6
2.2
50 2.5 7.5 10
4.3
6.6
4.9
9.0
1.2
5.8
4.5
50 2.5 7.5
0.8
5.6
0.6
5.9
2.6
8.5
8.5
50 2.5 7.5
3.8
6.1
4.4
3.7
1.2
10.0
0.9
50 2.5 7.5
THE HAYS GLOBAL SKILLS INDEX 2013In partnership with:
The analysis on which the Hays Global Skills Index was based utilised data as of Q2 2013. Developments subsequent to this date are not reflected in the 2013 findings.
PLC-6992-2_Hays_GSI_2013_Poster-2.indd 2 26/09/2013 18:55
