Strong Prospects in Both Emerging and Established Markets
Mountain View, California — February 9, 2016 — Staffing Industry Analysts (SIA) has issued its 2017 report on the Most Attractive Staffing Markets Globally. Sixty different staffing markets were assessed across six continents. The findings cover both emerging and established staffing markets, and attractiveness is identified according to ten different criteria.
This year’s report ranked Ireland as the most attractive staffing market, followed by Sweden, Denmark and Canada. This is the third year in a row Ireland has received the top ranking, scoring well across the criteria measured, in particular with regard to the low level of regulation on Temporary Agency Work, Ease of Doing Business and Market Competition.
Malaysia ranked as the most attractive staffing market in Asia, followed by South Korea. The least attractive market included in the analysis is Nigeria, due in part to its relatively small size, the unfavorable business environment and the high level of political instability. While countries with lower rankings may present additional challenges, they should not be considered ‘unattractive’ as they are also among the more immature markets that, by nature, offer the most long-term growth potential.
“This report provides a framework by which to evaluate and maximize growth opportunities in global markets,” said Barry Asin, President of SIA. “As the staffing industry continues to evolve, in both established and emerging markets, companies seeking to expand or align services in new regions need to consider a cross section of criteria to ensure that they are well-positioned to take initiatives forward in markets suitable to their strengths, vision and capabilities.”
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Markets that have become more attractive this year as compared to the 2016 analysis include Argentina, Norway, Serbia, Bulgaria and Morocco.
The full report is available for Corporate and CWS Council Members, along with the excel-based Market Attractiveness Assessment Tool (MAAT). The MAAT allows users to conduct their own assessment based on the indicators that they perceive as most relevant to their business activities.
About Staffing Industry Analysts (SIA)
SIA is the Global Advisor on Staffing and Workforce Solutions
Elevating the Workforce Solutions Ecosystem
Founded in 1989, SIA is the global advisor on staffing and workforce solutions. Our proprietary research covers all categories of employed and non-employed work including temporary staffing, independent contracting and other types of contingent labor. SIA’s independent and objective analysis provides insights into the services and suppliers operating in the workforce solutions ecosystem including staffing firms, managed service providers, recruitment process outsourcers, payrolling/compliance firms and talent acquisition technology specialists such as vendor management systems, online staffing platforms, crowdsourcing and online work services. We also provide training and accreditation with our unique Certified Contingent Workforce Professional (CCWP) program.
Known for our award-winning content, data, support tools, publications, executive conferences and events, we help both suppliers and buyers of workforce solutions make better-informed decisions that improve business results and minimize risk. As a division of the international business media company, Crain Communications Inc., SIA is headquartered in Mountain View, California, with offices in London, England.
Media Contact
Jennifer Arcuni, Communications Director, Staffing Industry Analysts
jarcuni@staffingindustry.com, +1 650-390-6171 | www.staffingindustry.com
