MUMBAI:
A unique survey among financial professionals in India shows an ambitious workforce that is ready to take advantage of all the 21st century workplace has to offer.
Key trends identified by the research – the inaugural ACCA India Talent Trends in Finance Survey 2023 – underline that all finance professionals value career developments and opportunities to learn and grow. They are willing to be mobile in order to achieve their career ambitions – and that means crossing borders if necessary, as well as employers.
They also expect to be offered hybrid working opportunities, which is one explanation of why well-being and mental health is such a high priority for one in every two (50%) finance professionals. This is a trend that is especially important for the finance industry in India, where the World Health Organization predicted economic losses worth over US$1 trillion between 2012 and 2030, owing to mental health conditions.
And while they express concern that technology – including AI – could replace some of the jobs they currently perform, their desire to combat this risk with more training and development suggests the profession has a bright future in India.
The Survey highlighted five key talent trends in the finance and accountancy profession:
Sajid Khan, Director-India at ACCA, said, “Attracting the next generation of talent to the accountancy profession is vital to healthy economies. ACCA’s inaugural India Talent Trends in Finance survey ensures the voice of those pursuing and working in the profession in India is heard, and that the profession helps create a working environment where tomorrow’s talent wants to be.”
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