Slovakia is unable to attract talents

The country dropped in an international ranking of talent competitiveness, though it has more potential.

Illustrative stock photoIllustrative stock photo (Source: Sme)

Slovakia loses its own talents and is unable to attract the foreign ones. This stems from the recent Talent Competitiveness Index report by staffing company Adecco, in which it fell by 10 positions to 37th place, the Hospodárske Noviny daily reported.

The report measures the ability of countries to compete for talent and ranks over 100 countries according to their ability to grow, attract and retain talent. Slovakia reported worse results than most of the members of the Organisation for Economic Cooperation and Development (OECD).

One of the reasons for such a state is the lack of innovation, according to Peter Kremský, executive director of the Business Alliance of Slovakia.

Sergio Duarte, head of Adecco Slovakia, however, talked about the big potential for talent.

“We see some reserves in the system of education and its connection to practice,” Duarte said, as quoted by Hospodárske Noviny.

He recommends, among other things, to moderate conditions for the development of small and medium-sized enterprises and the establishment of talent companies.

Jiří Halbrštát from recruitment company Manpower highlights the fact that Slovakia remained in the first third of the list.

“Education is at a high level in international comparison and there is a big interest in technical specialisations which the economy needs the most,” Halbrštát told Hospodárske Noviny.

On the other hand, Slovakia loses talents due to low salaries compared with western countries, he added.

Another problem, stressed by Róbert Chovanculiak of the economic think tank INESS, is that Slovak legislation is not set to attract talent.

“For example, we increased the payroll-tax burden for talented people last year, which deters them from living and working in Slovakia," Chovanculiak told Hospodárske Noviny.

Top stories

News digest: New week starts with several changes to rules

Higher age limit for testing and longer test negativity for events. No Olympic medals for Slovakia so far. Collusive custody will change.


7 h
Sme Rodina leader Boris Kollár (right) and Health Minister Vladimír Lengvarský (OĽaNO nominee).

The tested and the vaccinated will be treated the same. Coalition passes a Delta compromise

MPs pass a law with mild advantages for the vaccinated, but vaccination will be required to see the Pope live.


13 h
UK Ambassador to Slovakia Nigel Baker

UK Ambassador: Britons in Slovakia are a resilient community

Life is as it was before Brexit for British nationals in Slovakia once they've got their documents sorted.


9 h
Illustrative stock photo

Conditions for mass events and age limit for testing change

Most of the new rules came into force on July 26, 2021.


14 h