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.”

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.

Source: Staffing Industry Analysts