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Competences
> • Quality of Life
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Quality of Life |
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Starting position and setting objectives
The availability of a highly qualified workforce is a key factor in the international competitiveness of business locations and regions. Urban regions in particular are trying ever harder to attract highly qualified employees in a targeted manner and so to increase their competitiveness. This is why BAK Basel Economics considers the attractiveness of urban regions for internationally mobile, highly qualified employees. The aim is to identify the strengths and weaknesses of regions as a place for such mobile, highly qualified workers to live. Data and basic principles can then be produced, especially for the use of politicians, showing how the quality of life for highly qualified employees can be improved in the regions.
Concept and methodology for measuring the quality of life for highly qualified employees
The way BAK studies the quality of life of highly qualified employees is based firstly on a specially developed measuring tool, the BAK Quality of Life Index (BAK QoL Index), which uses a number of objective indicators. Secondly, BAK commissions a survey of highly qualified employees in the region under investigation so that the opinions of those concerned can feed directly into the study. The BAK QoL Index comprises 28 indicators in total. In the interests of clarity, the various indicators have been grouped into three differently weighted categories: the economic environment, the social environment and ecological considerations.
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How “quality of life” is embedded in the regional Benchmarking Programme offered by BAK Basel Economics
Together with various other location factors, the quality of life for highly qualified employees has a great effect on the economic performance of regions. The fact that BAK Basel Economics includes the results of the research carried out during the “Quality of Life” benchmarking study in the complete set of factors affecting business locations makes it possible to analyse cross-connections between the quality of life and other business factors. Analysing these cross-connections is important in order to fully measure and understand how relevant quality of life is as an input factor in the economic dynamics of a region. |
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