Which global labour market has greatest access to gig workers? Which locations best support 24/7 shift operations, with minimal overtime premiums? And which markets have the highest rates of female participation in the workforce? These are the types of questions that the Total Workforce Index™ is designed to answer.
Compiling more than 90 key data points, the Total Workforce Index™ measures the relative ease of sourcing, hiring and retaining a workforce in 75 competing labour markets around the world. It analyses the availability, cost efficiency, regulation and productivity of each market’s workforce; and it provides a global perspective on gender diversity, millennial impact, informal (gig) workforce participation, and the gap between permanent and contingent workers from one market to the next.
Identify the best countries to find skilled talent
Just as the Gross Domestic Product (GDP) of a market is used as an economic indicator, the Total Workforce Index™ may be used as an indicator of workforce potential. And, unlike any other workforce index, it considers the unique dynamics of each type of worker – rather than inaccurately clustering contingent and permanent workers into a broad demographic analysis.
The Total Workforce Index™ provides Big Data and fresh insights into talent trends and workforce composition – enhancing both short and long term workforce planning decisions. We invite you to download the full whitepaper to find out more.
