Source: Press release
According to an annual survey of finance professionals, 78% say a strong culture of diversity and inclusion is an important factor in their decision to work for an organization. This is because talent shortages continue and more than half expect their next career to be outside their current employer.
This wake-up call for employers was revealed in the accountancy industry’s largest global talent survey. ACCA’s latest annual Global Talent Trends Survey 2024 provides a unique and important insight into how people feel about life at work.
We asked nearly 10,000 professional accountants from 157 countries about their concerns about the future of work and their career aspirations. The survey also assessed key workplace issues such as hybrid working, diversity, mobility, mental health and the cost of living crisis.
According to the report, major changes are underway in the region with a focus on integrating artificial intelligence (AI) into finance roles, highlighting the need for professionals to adapt and embrace new skills. There is.
“Across the Asia-Pacific region, we are witnessing a transformational period where AI and digital technologies are not just tools, but key elements in redefining the value that financial professionals bring,” said ACCA Asia-Pacific Director Pulkit Abrol. says.
“This is a compelling and inspiring call to action for organizations, individuals, and future professionals to leverage these technologies to enhance their analytical capabilities and strategic insights.”
The report further reveals key insights into talent dynamics within the Asia-Pacific market, with an astonishing 58% of professionals expecting He points out that he is asking for a raise. However, there is a notable dichotomy, with 50% believing that moving to a new organization is necessary to achieve their financial goals.
“This highlights the urgent need for organizations in Asia Pacific to rethink their talent retention strategies and ensure career progression and financial recognition align with employee expectations.” Abrol added.
The spotlight is also on in-demand soft skills, which are critical in the current climate. Communication, problem-solving, adaptability and self-motivation are recognized as core competencies that APAC employers are eagerly seeking. These skills complement financial technical expertise and enable professionals to effectively navigate the complexities of the modern business environment.
ACCA’s report emphasizes the importance of continuous learning and development and encourages APAC professionals to engage in lifelong education to remain competitive.
“The situation is evolving at an unprecedented pace, and staying ahead means being proactive in learning and self-development,” Abrol says. “ACCA is committed to supporting our community of members and prospective members throughout this journey, providing them with the resources and platform to advance their skills and embrace the future with confidence.”
As the APAC region continues to accelerate adoption of these technologies and global talent trends, ACCA remains at the forefront, providing guidance, support and thought leadership to navigate the challenges and opportunities ahead. The Global Talent Trends 2024 report serves as a vital resource for both professionals and organizations with the aim of fostering an environment of growth, innovation and excellence in the accounting and finance professions.
Explore the interactive report here.