Mongolia ranked 58 of 61 countries in leading business talent study

A leading global study that assesses how countries maintain the
talent pool necessary for businesses to maximize their performances has ranked
Mongolia 58 of 61 countries.

The World
Talent Report 2016, recently released by the Swiss-based IMD
business school’s World Competitiveness Center ranked Switzerland, Denmark and
Belgium as the top three economies best equipped to develop, attract and retain
business talent. Mongolia’s position was down four spots on its 2015 ranking.

The research draws on more than two decades’ worth of
competitiveness-related data, including an in-depth survey of thousands of
executives in the 61 countries studied.

Rankings are aggregated from performance in three overarching categories –
investment/development (Mongolia ranked 48), appeal (56) and readiness (56) –
compiled from a wide range of factors.

These include education, apprenticeship, employee training, worker motivation,
language skills, cost of living, quality of life, pay, tax rates and
brain-drain.

To learn more, download the World
Talent Report 2016.