Faced with an acute skills shortage, European businesses need to look beyond traditional talent hubs
LONDON, April 25, 2022 /PRNewswire/ -- According to Forrester(Nasdaq: FORR), three cities in the Nordics: Helsinki, Stockholm, and Copenhagen are top European hotspots for businesses to recruit highly skilled talent. The top 10 cities also include Berlin, Hamburg, Oslo, Munich, Vienna, Zurich, and Amsterdam. London, often known as Europe's tech hub, was ranked 19th - largely due to stringent immigration rules post-Brexit.
In a new report, Navigating The Leading Skill Clusters Across Europe, Forrester ranks 50 cities to help tech and business leaders establish where to source the skills needed for the future. The focus on digital transformation efforts, an aging population, increasing automation, and continued pandemic-related disruptions have created a skills gap in Europe. To drive sustainable growth and prepare for the future of work, European businesses need skills including digital and technology prowess, critical thinking, and resilience.
Key findings include:
- Europe's heterogeneous skill landscape is led by the North and West. Top ranked cities like Helsinki and Berlin offer a highly educated and diverse workforce with above average language skills and a business-friendly regulatory framework.
- Post-Brexit regulatory hurdles prevent UK-based cities from being ranked a leading skill cluster in Europe.Post-Brexit, the movement of labour in UK is restricted, resulting in London, Manchester, and Birmingham sliding in rankings.
- Knowing where Europe's top talent is helps businesses prepare for hybrid and anywhere work. Forrester expects that 30-40% of employees will work in some form of anywhere-work setting. Business leaders, therefore, need employees to have the skills required to succeed in hybrid working environments.
- Employees need to be hired on their ability and desire for learning. Employers should consider hiring employees on their potential rather than just existing skill sets. The top skill clusters offer the highest basis of motivated employees.
"The focus on green and digital revolution coupled with the socio-economic changes have created a noticeable skills gap in Europe, which can be debilitating for business growth," said Dan Bieler, principal analyst at Forrester. "To prepare for the future of work, European businesses need to hire talent adept at both technical and soft skills. The Nordics region is teeming with precisely this kind of talent. Recruiting talent from emerging hubs like the Nordics will allow European businesses to accelerate digital transformation efforts and drive long-term business growth."
Resources
- Read the blog "Rising Digital Demands Drive New Skill Requirements Across Europe"
- Listen to the Forrester podcast episode on the EU skill cluster report here (available from 28 Apr)
- Register for the complimentary webinar "Where And How To Find The Right Tech Talent"
About Forrester
Forrester (Nasdaq: FORR) is one of the most influential research and advisory firms in the world. We help leaders across technology, marketing, customer experience, product, and sales functions use customer obsession to accelerate growth. Through Forrester's proprietary research, consulting, and events, leaders from around the globe are empowered to be bold at work - to navigate change and put their customers at the centre of their leadership, strategy, and operations. Our unique insights are grounded in annual surveys of more than 700,000 consumers, business leaders, and technology leaders worldwide; rigorous and objective research methodologies, including Forrester Wave evaluations; 70 million real-time feedback votes; and the shared wisdom of our clients. To learn more, visit Forrester.com.
Contact:
Michael Burner
mburner@forrester.com
+44 20 7323 7608
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