According to Eurostat, the countries with the highest average hourly labour costs are Denmark (€40.3), Belgium (€39.1), Sweden (€37.4) and Luxembourg (€35.9). The Netherlands recorded only a slight increase – last year, labour costs increased by 1.6% – and records average hourly labour costs at €34. Furthermore, international businesses find an attractive labour pool in the region. According to research by PwC, the Netherlands is home to the most adaptable workforce in the world, meaning employees are most willing to embrace change and learn new skills. And on the Global Talent Competitiveness Index 2014, the Netherlands ranks 12th.
The Amsterdam Metropolitan Area is home to a very broad talent pool. The city has a productive regional workforce drawing from around 180 different nationalities, while 44% of the population have attended higher education institutions. Amsterdam also has the country’s highest density of knowledge workers and an increasing influx of workers from other EU countries, often facilitated by the services of the Expatcenter. 80% of the workforce speak English, making Amsterdam the largest Anglophone city in continental Europe. 90% of the workforce speak two or more languages. According to the World Talent Index, the Netherlands ranks fourth in the world for attracting and developing talent, surpassing every other country on the European continent.