Great people
Northern Ireland’s reputation as a key European
inward investment location is underpinned by the availability and calibre of a highly cost competitive
workforce. In other words, we’ve got great people.
Smart People
- The population of 1.75 million is of Europe’s youngest and fastest
growing. Over 40 per cent is aged 29 or less, and nearly 60 per cent is under the age of 40.
- There is an enthusiastic and steady stream of smart, talented people for knowledge-based
companies seeking a strong workforce.
- Labour turnover is very low: only 5 – 10 per cent.
Educated
people
The country’s education system has long
been recognised as among the best in Europe. Nearly a fifth of public expenditure is on education. Two
world-class universities and an extensive network of further education colleges provide excellent academic
and vocational training.
The system produces very well educated people, with Northern Ireland
consistently out-performing all other UK regions in academic qualifications. For example, 78 per cent
of Northern Ireland students in 2008 achieved the three top grades in GCSE exams (taken at aged 14-16),
compared to 66 per cent in England and Wales.
Both universities are responsive to business, creating graduates with
skills, competency and acumen in business-relevant areas every year. Over 2,000 people graduate each
year with business qualifications in Northern Ireland.