September 7, 2023
A recent study found that the scarcity of competent workers in Finland worsens. Finding qualified candidates for open positions is challenging for 81% of Finnish companies. From 70% the year before, this is an increase.
In Eastern Finland, where 85% of companies say locating qualified candidates is challenging, the scarcity could be better. With 83%, 79%, and 75%, respectively, Western Finland, Northern Finland, and Southern Finland follow.
Finland started the Talent Boost Program to meet the labor shortage gap, which seeks talented foreign nationals. It concentrates on industries with a need for more qualified workers. The initiative aims to increase business people and their families’ attraction to Finland. The endeavor aids the administration in reaching its 75% employment goal.
This program is an all-encompassing effort created to foster and develop organizational talent. Organizations may develop a culture that values and invests in their people through the Talent Boost Program, enabling them to realize their full potential. The program provides a defined framework for growth and advancement, which aids in attracting and keeping top people.
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The program’s particular goals are:
- Finland will develop into a desirable location for work, study, research, and investment on a global scale.
- Employers will be able and willing to hire talent from abroad.
- The knowledge of foreign specialists will fuel the internationalization and regeneration of Finnish businesses and organizations.
Finland Talent Boost Program Approaches
The Talent Boost program’s bundle of measures can be divided into three categories: The various measure packages are not distinct. The many fortunes of efforts are tied together, collectively forming the core of Talent Boost activities.
- Talent Attraction
- Developing immigrant legislation and permit procedures
- Strengthening the conditions for growth and retention
Talent Attraction
There is fierce worldwide rivalry for skilled individuals since their role in fostering competitiveness is growing. The actions conducted as part of the Talent Boost program are intended to raise international recognition of Finland and draw top talent there.
The following are a few examples of assistance strategies that aid in luring and hiring international talent:
- A model for international recruitment will be developed to build services and service pathways that aid businesses in international recruitment.
- The Ministry of Economic Affairs and Employment administrative division is actively developing the function “Work in Finland.” To reinforce enduring structures and customer-driven service pathways relating to labor migration, the Work in Finland function will be established.
- Higher education institutions actively seek out overseas students and construct educational programs available in foreign languages.
- Establishing educational programs focusing on integration and employment in Finland and developing new educational models with partner universities in various nations.
- International students and researchers are the target audience for scholarship and training programs.
Developing Immigrant Legislation and Permit Procedures
Smooth entry and residency permit procedures are essential for attracting and retaining international talent. Finland’s Talent Boost initiatives aim to have the most efficient service system in the world for the immigration of skilled workers, one that meets the demands of both employees and employers.
The following methods, for instance, will be used to establish immigration legislation and permit procedures:
- Implementing a thorough overhaul of the residence permit system to achieve a two-week fast track for specialists, growing business owners, and family members and a one-month average processing time for all work- and education-based residence permits. By the reform, residence permits will be given to international students for the entire course of their degree programs until they are completed, and the time after graduation for job-hunting purposes will be increased to two years.
- Improving the digitalization of the system for granting resident permits
- Creating a system for identifying and registering immigrants
- Improving the detection and avoidance of overseas labor exploitation
Strengthening the Conditions for Growth And Retention
International students, researchers, and employees must be able to find positions that match their skills, advance in their professions, and feel a sense of belonging to Finnish society if Finland is to keep talent from elsewhere.
The following methods, for instance, will be used to encourage the retention and integration of foreign talent:
- Services with a focus on the needs of the customer that encourage the entrepreneurship, employment, and integration of global talent
- Improving the connections to and readiness for employment of international students in Finland
- Language learning options should be expanded to prepare international students for employment in the Finnish labor market, and Finnish and Swedish language proficiency among international students should be improved.
- Encouraging cooperation between international talent and businesses, for instance, through trainee programs, initiatives, mentoring, and co-creation models
- Enhancing the ability of businesses and other employer organizations to hire people who don’t understand Finnish or Swedish and their diversity competencies
- Supporting spouse programs and English-language essential public services as examples of ways to help spouses and families get jobs and integrate
- Developing degree recognition and equivalency services and expanding the availability of supplementary and authorized training.
Conclusion
The Finland Talent Boost Program presents an exceptional opening to countless opportunities in your pursuit of professional advancement and personal growth. Don’t just sit back and let this chance pass you by. Investigate the various avenues it provides for professionals, students, and researchers from abroad. The advantages are numerous, ranging from streamlined application procedures to the promise of a fulfilling life in Finland. It’s time to start your adventure with the Talent Boost Program and open the doors to a more promising future in the land of opportunity and innovation.
Join Globalogy’s Job Support Service today, and let us help you with your career. We’ll make your work easier. Our professionals are ready to assist you if you need new opportunities, career guidance, or wise advice.