Our second annual Index looking at the skilled labour market and the challenges being faced by employers as they compete for the most sought after skills. The Hays Global Skills Index 2013 was produced in collaboration with Oxford Economics, to deliver a report detailing the difficulties of recruiting skilled labour across 30 countries.

global-skills-indexThe Index was created using seven key indicators, from talent mismatch to wage pressure, each of which contribute to the final Index score to measure the pressures being faced by individual markets for skilled labour.

The Hays Global Skills Index 2013 has demonstrated that the efficiency of labour markets is not directly related to the current state of the economy. Our Index shows structural factors have the greatest impact on the efficiency of the labour market. This highlights to employers and governments that policy changes and actions to alter the inefficiencies will create real improvements to labour markets.

To view the Hays Global Skills Index 2013 please click here.

We have created three key recommendations to business leaders and policy makers to help develop the talent pipeline and ensure we have the right skills for the future. These are:

  1. Governments must demonstrate real financial and political commitment to improving the flexibility of labour markets
  2. Education reform must be developed through close collaboration between governments and the business community
  3. Businesses need to develop and implement dedicated policies for their youngest and oldest staff

To read these recommendations in full detail and to view the full Global Skills Index please click here.


© Copyright Hays plc 2015. 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.