Talent Boost – International talents boosting growth
Migration and the mobility of international talents are increasingly important for Finland’s competitiveness. A number of reports have identified the availability of talents as one of the most important challenges facing companies as they are expanding and aiming to become more international. Finland competes with the rest of the world for the best talents.
Finnish companies need skilled employees in general, but also employees with special skills not currently available in Finland. Top talents arriving in Finland reinforce and internationalise Finnish innovation and help attract international investment and talents to Finland. This in turn creates new jobs and helps Finnish companies become more international.
Greater diversity in society and working life make Finland more attractive to international talents and investors, while contributing to higher employment rate among migrants already living in Finland. A more international working life encourages international graduates to stay and settle in Finland, at the same time preventing brain drain.
Talent Boost programme
Prime Minister Juha Sipilä’s Government decided at its 2017 mid-term policy review session to launch Talent Boost – International talents boosting growth, a joint cross-sectoral programme for the Government. Talent Boost aims to:
- make Finland more attractive to international talents;
- harness the expertise of international talents already in Finland to support growth, internationalisation and innovation in Finnish companies; and
- make the Finnish labour market more open, responsive and attractive to international talents.
The Ministry of Economic Affairs and Employment is responsible for coordinating the programme. The Talent Boost steering group is chaired by Permanent Secretary Jari Gustafsson from the Ministry of Economic Affairs and Employment. The group has representatives from all the ministries and from the cities of Helsinki, Espoo, Vantaa, Tampere and Turku. There is continuous dialogue with other cities and regions as well as with companies, entrepreneur organisations, chambers of commerce, higher education institutions, international talents, and other stakeholders about how to attract international talents and harness their expertise.
Publication by the Ministry of Economic Affairs and Employment: Innovaatiotalouden maahanmuuttopolitiikka. Kansainvälinen muuttoliike, maahanmuuttajat ja innovaatiopolitiikka (Immigration policy of the innovation economy. International migration, immigrants and innovation policy) (in finnish)
Laura Lindeman, Senior Specialist, laura.lindeman(at)tem.fi