5.1.2 Number of international schools per 100,000 inhabitants

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1 5.1 EDUCATION Quality of the educational system The educational system meets the needs of a competitive economy (on a scale from 0 to 10, the higher the better) Number of international schools per 100,000 inhabitants Dubaï Dubai Singapour Singapore Genève Geneva Vienne Vienna Amsterdam Varsovie Warsaw Bruxelles Brussels Shanghai Paris Barcelone Barcelona Bombay Mumbai Dublin Moscow Moscou Francfort Frankfurt Milan Londres London Sao Paulo New York Source: ISC Research Ltd, Oxon 2012 www. Iscreserach.com Note: This statistic takes into account the population of the urban area. The figures relate therefore only to English-medium international schools. Furthermore, data regarding Geneva includes some English-medium international schools in the state of Vaud, near Geneva. The figures do not include French and German International schools. 48

2 5.1.3 Quality of management education Management education meets the needs of the business community (on a scale from 0 to 10, the higher the better) Executive education ranking School Country Rank IMD Switzerland (Lake Geneva Region) 1 Harvard Business School United States 2 Thunderbird School of Global Management United States 3 IESE Business School Spain 4 University of Virginia: Darden United States 5 London Business School United Kingdom 8 HEC Paris 9 INSEAD /Singapore 10 Fundação Dom Cabral Brazil 17 Ceibs China 29 SDA Bocconi Italy 32 Vlerick Leuven Gent Management Belgium 41 Nyenrode Business Universiteit Netherlands 50 Source: Financial Times, Executive Education Note: Data for Austria, India, Ireland, Germany, Hungary, Poland, Russia and the United Arab Emirates are not available. 49

3 5.1 education University rankings University Country Rank Swiss Federal Institute of Technology Lausanne (EPFL) Switzerland 1 Swiss Federal Institute of Technology of Zurich (ETHZ) Switzerland 2 Cambridge University United Kingdom 3 Oxford University United Kingdom 4 Imperial College London United Kingdom 6 Zurich University Switzerland 10 ERASMUS University Rotterdam Netherlands 12 Basel University Switzerland 14 Geneva University Switzerland 15 Paris XI Sud University 25 Catholic University of Leuven Belgium 34 Heidelberg University Germany 45 Vienna University Austria 65 Milan University Italy 72 Valence University Spain 81 Moscow Lomonosov State University Russia 100 Source: Leiden University The Centre for Science and Technology Studies (CWTS) Development of knowledge transfer Level of development of knowledge transfer between companies and universities (on a scale from 0 to 10, the higher the better) Émirats United Arabes Emirats Unis

4 5.1.7 Local availability of specialized research and training services Source: World Economic Forum The Global Competitiveness Report

5 5.2 LABOR MARKET Labor market regulation Labor regulations do not hinder business activities (on a scale from 0 to 10, the higher the better) Russia Russie Unemployment rate (in %) Singapour Singapore Chine China Brésil Brazil Irlande Ireland Reference year:

6 5.2.3 Statutory notice of termination for an employee with 8 years of service 1 Notice period (month/s) Brazil 1 Singapore 1 Spain 1 China 1 United Arab Emirates 1 Switerland 2 United States 2 2 United Kingdom 2 Russian Federation 2 2 Netherlands 2 Ireland 2 Germany 3 India 3 Poland 3 Italy 3 Austria 3 Belgium 6 Notes : 1. These figures refer to white-collar employees with an open-ended work contract. More generous provisions may be specified in sectors where collective labor contracts apply. 2. United States: Minimum notice period mandatory for companies employing 100 people and more. For smaller size companies, there is no legal minimum requirement but generally a two-week notice is given Severance package for managers (monthly salaries) 1 This study is d on the analysis of different compensation systems adopted by most companies in each country. 5 years of service 10 years of service 20 years of service Germany Austria Belgium Brazil China United Arab Emirates Spain United States India Ireland Italy Netherlands Poland United Kingdom Russian Federation Singapore Switzerland Notes: 1. These figures do not include mandatory notice period and represent the common and/or legal severance pay. On the other hand, age and length of service are determining factors. 2. China: The amount of severance pay varies according to the region but must not exceed 12 months. 3. United States: No legal severance pay. 4. Italy: Legal severance pay. 5. Singapore: No legal severance pay. In practice, some employers pay a severance pay of one month per year of service. 53

7 5.2 LABOR MARKET Global pension The table shows the overall value for each country, together with the value for each of the three sub-indices: adequacy (40%), sustainability (35%) and integrity (25%). Each value represents a score between 0 (lowest level) and 100 (highest level). Overall value Adequacy Sustainability Integrity Netherlands Switzerland United Kingdom United States Poland Brazil Germany Singapore China India Source: Mercer, Melbourne Mercer Global Pension Index, October Note: Data for Austria, Belgium, Ireland, Italy, Poland, Spain, the Russian Federation and the United Arab Emirates are not available and weekly working hours, holidays and paid vacation working time * (in hours) Weekly working time ** (in hours) Holidays and paid vacation (in days) India 2, Singapore 2, United Arab Emirates*** 2, China 1, United States 1, Switzerland 1, Brazil 1, Ireland 1, Italy 1, Poland 1, Russian Federation 1, United Kingdom 1, Austria 1, Netherlands 1, Spain 1, Germany 1, Belgium 1, , Note: * Excluding weekends and statutory holidays. ** This corresponds to the legal weekly work hours according to the national legislation. *** During Ramadan, a working day includes 6 hours instead of 8. 54

8 5.2.7 Hiring and firing practices Hiring and firing practices are flexible (on a scale from 1 to 7, the higher the better) Source: World Economic Forum The Global Competitiveness Report Work days lost through labor conflicts (per year and per 1,000 employees) Source: Ernst & Young Switzerland and Europe in the eyes of international managers Note: Data for Brazil, China, India, Poland, Singapore, the Russian Federation and the United Arab Emirates are not available. 55

9 5.3 HUMAN RESOURCES Global Talent Index The benchmarks the countries on their capacity for developing, attracting and retaining talent, both in 2011 and projected to Overall score Quality of labor force Talent environment Proclivity to attracting talent United States Singapore Switzerland Netherlands United Kingdom Germany Ireland Austria Belgium Spain Italy Poland China Russian Federation India Brazil Source: Heidrick & Struggles International, Inc The Global Talent Index 2011 Note: Data for the United Arab Emirates are not available Language skills Adequacy of language skills with the needs of enterprises (on a scale from 0 to 10, the higher the better)

10 5.3.3 Availability of skilled labor Availability of skilled labor (on a scale from 0 to 10, the higher the better) Workers motivation Level of workers motivation in companies (on a scale from 0 to 10, the higher the better)

11 5.3 HUMAN RESOURCES Attractiveness for foreign high-skilled labor Foreign high-skilled labor is attracted to a country s business environment (on a scale from 0 to 10, the higher the better) International experience of senior managers International experience of senior managers is generally significant (on a scale from 0 to 10, the higher the better)

12 General Manager CEO AVERAGE REMUNERATION AND SALARIES ADJUSTED TO PRODUCTIVITY, IN US$ Ireland 261, ,033 27, ,075 United Arab Emirates 273, , ,484 Netherlands 349, ,407 35, ,655 Austria 359, ,964 65, ,735 Belgium 399, ,998 96, ,160 Italy 450, ,171 85, ,539 Switzerland 470, ,599 66, , , , , ,267 United States 495, ,267 35, ,071 Germany 504, ,303 64, ,904 Spain 545, ,489 74, ,548 Singapore 582, ,319 54, ,625 United Kingdom 601, ,372 53, ,091 Poland 1,008, ,336 44, ,516 Russian Federation 1,788, ,754 73, ,932 Brazil 2,483, ,336 74, ,038 China 2,821, ,295 45, ,573 India 4,954, ,637 21, ,770 Note: : data for China and India are high in comparison to other countries. This is due to the fact that these are emerging countries, the lower productivity therefore generates higher amounts Head of finance CFO United Arab Emirates 138, , ,838 Ireland 158, ,520 16, ,580 Netherlands 220, ,039 22, ,532 United Kingdom 248, ,496 22, , , ,741 71, ,871 Belgium 250, ,259 60, ,549 Spain 254, ,527 35, ,485 Austria 266, ,587 48, ,319 United States 272, ,813 19, ,426 Italy 274, ,370 52, ,216 Switzerland 289, ,046 40, ,333 Germany 315, ,273 40, ,948 Singapore 338, ,166 31, ,402 Poland 601, ,558 26, ,800 Russian Federation 1,027, ,495 42, ,091 Brazil 1,353, ,619 40, ,113 China 2,482, ,980 40, ,744 India 3,510, ,752 21, ,292 Note: : data for China and India are high in comparison to other countries. This is due to the fact that these are emerging countries, the lower productivity therefore generates higher amounts. 59

13 Head of Human Resources AVERAGE REMUNERATION AND SALARIES ADJUSTED TO PRODUCTIVITY, IN US$ United Arab Emirates 114, , ,805 Ireland 152, ,582 16, ,315 Netherlands 187, ,833 19, ,679 Austria 196, ,779 35, ,185 United States 226, ,298 16, ,217 Spain 227, ,557 31, ,328 United Kingdom 233, ,331 20, ,676 Belgium 233, ,233 56, , , ,781 67, ,203 Italy 260, ,023 49, ,628 Germany 276, ,003 35, ,634 Singapore 278, ,251 26, ,133 Switzerland 284, ,655 40, ,643 Poland 513, ,763 22, ,941 Russian Federation 753, ,714 31, ,615 Brazil 1,349, ,922 40, ,546 China 2,407, ,452 39, ,440 India 3,033, ,018 13,391 77,627 Note: : data for China and India are high in comparison to other countries. This is due to the fact that these are emerging countries, the lower productivity therefore generates higher amounts Head of IT Ireland 135, ,548 14, ,032 United Arab Emirates 162, , ,757 Netherlands 167, ,673 17, ,604 Spain 178, ,592 24, ,039 Singapore 189, ,541 17, ,802 Belgium 197, ,376 47, ,599 Austria 202, ,135 36, ,425 Italy 204, ,517 38, , , ,348 71, ,906 Switzerland 257, ,275 36, ,083 United States 264, ,331 18, ,547 Germany 267, ,516 34, ,374 United Kingdom 364, ,850 32, ,611 Poland 511, ,272 22, ,528 Russian Federation 770, ,121 31, ,318 Brazil 1,241, ,648 37, ,502 China 2,458, ,490 39, ,657 India 3,018, ,562 13,324 77,238 Note: : data for China and India are high in comparison to other countries. This is due to the fact that these are emerging countries, the lower productivity therefore generates higher amounts. 60

14 5.4.5 Programmer Analyst United Arab Emirates 32, , ,880 Ireland 56, ,922 6,011 55,912 Italy 76, ,172 14,565 50,607 Belgium 81, ,871 19,776 61,094 83, ,081 24,008 54,073 Singapore 84, , ,332 United States 86, , ,161 Germany 108, ,500 13,836 70,664 Austria 111, ,782 20,172 76,611 Netherlands 119, ,393 12,215 94,178 Switzerland 122, ,044 17, ,871 Spain 133, ,122 18,353 77,769 Poland 137, ,459 6,105 32,353 Russian Federation 192, ,479 7,940 30,539 United Kingdom 197, ,187 17, ,702 Brazil 238, ,232 7,149 31,083 China 324, ,481 5,261 14,220 India 416, ,489 1,837 10,651 Note: : data for China and India are high in comparison to other countries. This is due to the fact that these are emerging countries, the lower productivity therefore generates higher amounts Accountant United Arab Emirates 25, , ,519 Ireland 53, ,109 5,737 53,371 Spain 62, ,761 8,547 36,214 Netherlands 67, ,319 6,925 53,394 Austria 70, ,305 12,777 48,528 Italy 72, ,310 13,702 47,608 United States 73, ,660 5,235 68,425 Belgium 76, ,166 18,626 57,541 79, ,901 23,030 51,870 Singapore 79, ,364 7,503 46,861 Poland 82, ,168 3,678 19,490 United Kingdom 91, ,008 8,126 58,882 Russian Federation 93, ,792 3,878 14,914 Germany 95, ,686 12,229 62,457 Switzerland 101, ,056 14,313 95,742 Brazil 175, ,116 5,257 22,858 China 267, ,051 4,335 11,716 India 290, ,724 1,284 7,441 Note: : data for China and India are high in comparison to other countries. This is due to the fact that these are emerging countries, the lower productivity therefore generates higher amounts. 61

15 Purchasing Manager AVERAGE REMUNERATION AND SALARIES ADJUSTED TO PRODUCTIVITY, IN US$ Ireland 73, ,921 5,737 73,184 Singapore 95, ,266 7,503 55,764 Netherlands 96, ,720 6,925 75,795 Belgium 97, ,410 18,626 72,784 Austria 102, ,559 12,777 70, , ,548 23,030 72,517 Spain 114, ,328 8,547 66,781 Italy 116, ,917 13,702 77,215 United States 121, ,303 5, ,068 United Arab Emirates 121, , ,240 Germany 143, ,008 12,229 93,778 Switzerland 145, ,727 14, ,414 United Kingdom 145, ,270 8,126 93,144 Russian Federation 196, ,141 3,878 31,263 Poland 291, ,259 3,678 68,582 Brazil 312, ,854 5,257 40,597 India 908, ,532 1,284 23,249 China 969, ,789 4,335 42,454 Note: : data for China and India are high in comparison to other countries. This is due to the fact that these are emerging countries, the lower productivity therefore generates higher amounts Marketing Manager United Arab Emirates 75, , ,126 Ireland 91, ,500 9,755 90,745 Netherlands 123, ,833 12,610 97,223 Belgium 133, ,943 32,266 99,677 Austria 133, ,547 24,291 92,256 Spain 140, ,803 19,247 81,556 Italy 152, ,350 28, , , ,649 45, ,250 Switzerland 165, ,407 23, ,204 Germany 170, ,351 21, ,516 United States 180, ,983 12, ,122 United Kingdom 183, ,223 16, ,947 Singapore 187, ,684 17, ,063 Poland 286, ,127 12,720 67,408 Russian Federation 421, ,310 17,397 66,913 Brazil 632, ,246 18,932 82,313 India 742, ,288 3,279 19,009 China 1,038, ,296 16,824 45,472 Note: : data for China and India are high in comparison to other countries. This is due to the fact that these are emerging countries, the lower productivity therefore generates higher amounts. 62

16 5.4.9 Communication and PR Specialist United Arab Emirates 70, , ,249 Ireland 76, ,507 8,203 76,304 Netherlands 112, ,839 11,462 88,377 Belgium 112, ,345 27,228 84,116 United States 123, , ,901 Austria 127, ,954 23,125 87,829 Spain 142, ,404 19,553 82,851 Italy 142, ,033 27,049 93,984 Switzerland 144, ,037 20, , , ,363 43,774 98,589 Germany 152, ,562 19,413 99,149 Singapore 161, ,980 15,178 94,802 United Kingdom 167, ,611 14, ,742 Poland 254, ,373 11,330 60,043 Russian Federation 290, ,174 12,004 46,170 Brazil 516, ,649 15,455 67,195 India 662, ,866 2,923 16,943 China 765, ,949 12,410 33,540 Note: : data for China and India are high in comparison to other countries. This is due to the fact that these are emerging countries, the lower productivity therefore generates higher amounts Legal Adviser Ireland 77, ,802 8,231 76,571 United Arab Emirates 79, , ,642 Belgium 92, ,036 22,507 69,529 Austria 102, ,788 18,505 70,283 Netherlands 110, ,706 11,332 87,374 Italy 119, ,912 22,776 79,137 Spain 122, ,928 16,789 71, , ,761 38,669 87,092 Poland 147, ,435 6,578 34,857 Germany 152, ,751 19,444 99,307 United States 153, ,822 10, ,890 Singapore 157, ,904 14,753 92,151 Switzerland 158, ,171 22, ,909 United Kingdom 165, ,596 14, ,972 Russian Federation 173, ,623 7,144 27,479 Brazil 289, ,379 8,672 37,706 China 547, ,868 8,877 23,992 India 676, ,285 2,984 17,301 Note: : data for China and India are high in comparison to other countries. This is due to the fact that these are emerging countries, the lower productivity therefore generates higher amounts. 63