ACCA’s Global Talent Trends Survey 2023
The world of work has gone through a significant transformation and a new era has begun. ACCA’s annual Global Talent Trends Survey 2023 provides a comprehensive view of the current sentiments and expectations of over 8,000 professional accountants from 148 countries, including Pakistan. The survey also assesses key workplace issues, such as employee engagement, wellbeing, and attitudes towards technology adoption.
Career Mobility in Pakistan
The survey highlights a potential talent crunch for employers in Pakistan, as 55% of finance professionals expect to move to new roles in the next 12 months and a further 26% in the next two years. The biggest concerns for employees in Pakistan are inflation, wellbeing, career opportunities, and the risk of a global economic downturn.
Advantages of a Career in Accountancy
Despite the challenging global economic climate, the survey indicates that a career in accountancy remains a smart choice for those seeking long-term career prospects and opportunities to continually acquire new skills. The opportunity to acquire a professional qualification that provides cross-sectoral and international mobility further adds to the perception that choosing accountancy leads to a career with choices and flexibility.
Hybrid Working in Pakistan
Hybrid working is still in the early stages in Pakistan, with 75% of respondents stating they are working full-time in the office. Inclusion measures score well in Pakistan, with 70% of respondents feeling that their organization’s culture is inclusive, compared to a global average of 68%.
Quotes from ACCA Officials
Jamie Lyon, Head of Skills, Sectors and Technology at ACCA, said: “Employers are facing a potential talent crunch, adapting and experimenting with new ways of working across the workforce. Career development and remuneration are the top two attraction factors to an organization, yet they’re also the two areas which have the most influence on employees’ decisions to leave.”
Assad Hameed Khan, head of ACCA Pakistan, said: “Attracting the next generation of talent to Pakistan’s accountancy profession is vital to a healthy economy. This survey ensures the voices of those studying and working in the profession are heard, and that the profession helps create a working environment where today’s professionals thrive and where tomorrow’s talent wants to be.”
The full report of ACCA’s Global Talent Trends Survey 2023 can be accessed at www.accaglobal.com/talenttrends2023. It provides valuable insights into the current state of the accountancy profession and the expectations and concerns of professionals in the field.