15.09.2014

Unique skills audit maps Finland’s technical talent pool

TALENT MAP© Finland is a new tool and free service for identifying skilled labour pools for recruitment and for making better informed business location decisions.

The 2014 Oxford Intelligence Location Skills Audit of Finland’s workforce offers an invaluable and unique resource for international companies, helping to identify available skilled talent pools for recruitment and making it easier to select viable and sustainable business locations in different industries across the country. Commissioned by Invest in Finland and Greater Helsinki Promotion and completed by international business consultants, Oxford Intelligence, TALENT MAP© Finland shows the size of the national, regional and sub-regional technical talent pools in the following key skills areas: Cleantech & Renewable Energy, Technical IT, Engineering, Life Sciences, Food Sciences, and Financial Services.

Data on the TALENT MAP© Finlandis presented for four geographic regions: Western Finland, Helsinki-Uusimaa, Southern Finland, and Northern & Eastern Finland. The map also shows the locations of Finland’s key universities, companies, research institutions and business centres. TALENT MAP© Finland is now available on Invest in Finland’s website and companies can request a free skills assessment tailored by region, skills or type of analysis.

Fresh and detailed insights

The data analysed by Oxford Intelligence reveals many insights into Finland’s talent pool. For example, in the IT sector Finland’s workforce is younger than the national average but highly experienced, with 36% having more than 10 years of experience and 56% having 5 or more years of experience in the industry. This guarantees a workforce that is sustainable for any employer. In Life Sciences, over 7,000 Finnish professionals already work in foreign-owned companies from a talent pool of around 81,000 skilled people.

According to Oxford Intelligence, Finland offers substantial talent pools across all the key skills areas, from which international companies can recruit. Whilst Helsinki-Uusimaa has the largest skills bases in ICT, Financial Services, Food Technology and Life Science, there are significant regional talent pools and specialized clusters across the country. Western Finland, for example, is the strongest in Engineering Southern Finland has the largest skills base in Environmental/Cleantech and is the most specialized in Life Sciences. Northern & Eastern Finland are perhaps less well known internationally, but its talent pools are at or above the national average for all the skills areas, except for financial services. In ICT skills for example, there are over 73,000 technical ICT professionals in Northern & Eastern Finland, 22% of the national total.

Source: TALENT MAP© Finland, Invest in Finland

Highlights:

  • The unique data provides an accurate assessment of Finland’s technical talent pools across four regions.
  • Engineering, IT, Food Technology and Financial Services all have substantial talent pools from which international companies can recruit.
  • Finland has a life sciences talent pool of around 81,000 skilled people, with over 7,000 professionals already working in foreign-owned companies in Finland.
  • Finland offers an experienced IT talent supply with 56% having at least 5 years’ experience in the industry.
  • Helsinki-Uusimaa has the largest skills base in ICT, Financial Services, Food Technology and Life Sciences.
  • Western Finland is the strongest in Engineering skills and the most specialized in Life Sciences.
  • Southern Finland has the largest skills base in Environmental/Cleantech.
  • Northern & Eastern Finland’s talent pools are at or above the national average for all the skills areas, except for Financial Services.