Scoring Categories Cities of Influence: Category Weightings


Fresh Talent [20]: Students & Universities


Future Employment Capacity [30] Workforce Orientation [20] Workforce Catchment [25] Economic Output [25]


[30] Employee Quality of Life [25] Employer Costs


[25] Employer Key Factors: Country Risk, Labour Laws & Taxation


Their are eight categories covering a total of over 150 data metrics per city, which combine to generate a potential score out of 200. Further information on the various metrics which combine to provide the category score can be found at the back of this report. A brief summary of each category is provided here.


Economic Output: Scores are driven by the volume of economic output (GVA) generated by each city and the productivity of each city in terms of GVA/employee. This category also rewards cities driving economic output through ‘value-add’ services and its importance to the national economy.


Workforce Catchment: This rewards cities where the workforce comprises those in office-based and higher value-add service sector employment. The prevalence of English language skills is now absorbed into this category, and extra points goes to those cities with dominance over their hinterland, as the centre of economic (and employment) gravity.


200 Max. Total Score


Workforce Orientation: This reviews the skilled workforce in more detail, and rewards those workforces with a higher proportion of employees in working Information & Communications Technology, Financial Business Services and those in Professional, Technical and Scientific Roles.


Future Employment Capacity: This reviews the latent talent pool and rewards those markets with a higher volume of ‘immediately’ employable, skilled talent. This comprises a combination of short-term unemployed with value-add skills; ‘seniors with skills’ i.e. those reaching retirement age but more than capable of economic and corporate value; and emerging youth - those leaving school, and capable of joining the workforce.


Fresh Talent: This scores cities according to the number of students graduating through accredited universities within the catchment area, and the standing of the institution in terms of its global rank and quality of the research/teaching it produces, according to the Times University Global Index. The higher the quality of the institution and the greater the number of students qualifying, the higher the score.


Employee ‘Aspirational’ Factors: This comprises two elements. Firstly an overall quality of life score that accounts for safety, healthcare, climate, traffic commute & pollution, a property prices to income ratio relative to the cost of living. Secondly, the ability to earn and save, based on income versus consumption levels. Cities generating the best quality of life combined with the ability to earn and save achieve the highest scores.


Employer Costs: This comprises an analysis of average salary levels (inc. employer costs), typical CBD rents for modern office space and the overall cost per FTE of using office space per city, which accounts for typical space per person, plus the total costs of servicing office space. This score is inverted so the lower the overall cost, the higher the score.


Employer Key Factors: These factors are set at the national level, and account for the operational efficiency (ease of doing business), the flexibility of labour laws, overall economic, trade, exchange rate and political risk, the credit rating of each country and corporation tax levels - both current and the historic average. The countries (and thus cities) with the highest operational efficiency, greatest labour market flexibility and lowest market risks combined with low corporation tax generate the highest scores.


Colliers International | Cities of Influence | Q1 2018 | EMEA


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