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Generation Next ready to move

30 January 2017

Young finance professional are almost permanently looking for a career promotion or a jump to a new job, says a new global survey from the ACCA.

Entitled ‘Generation Next’ the survey examined the career aspirations of the younger generation in finance today. It found some 71% of respondents are looking to move jobs in the next 24 months to ensure their career keeps moving in the right direction.

Head of the ACCA UK, John Williams, said: “Generation next is ‘generation now’ when it comes to mobility. There is no doubt that the job for life is less relevant within the modern world and employers who don’t deliver on their high expectations risk haemorrhaging their best talent to competitors, both at home and abroad.”

Williams felt that if employers want to keep hold of their talent then they need to ensure career planning packages are available, from learning and development to talent spotting initiatives.

The survey also found that generation next understands that automation will replace the need for human capital across a number of functions. However, they do not feel threatened by this. More than half (57%) of respondents believe that technology will replace many entry-level roles in the profession. However, 84% say that technology will enable them to focus on much higher value-added activity.

*See next month’s issue for more on this.

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