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Unlock success with diversity and inclusion in financial talent shortage.

1 min read
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TLDR:

  • 64% of UK finance professionals prioritize diversity and inclusivity when choosing an employer.
  • 76% of Gen Z employees prioritize diversity and inclusivity when job hunting.

Diversity and inclusion have become critical factors for financial talent when choosing an employer, according to the latest Global Talent Trends Survey 2024 by ACCA. The survey highlights that the newest generation of talent, Gen Z, values diversity and inclusivity more than salary. As the talent shortage and cost of meeting pay rises continue to challenge employers, a strong focus on DE&I policies can differentiate organizations in a competitive market. Employers need to understand and address what employees value, with an increasing number planning to ask for pay rises or leave their current organizations. Failure to prioritize factors like diversity and inclusion, hybrid working models, and mental health support could lead to significant workforce turnover within the next year.

Key Elements from the Article:

While diversity and inclusion have always been important, they have gained prominence among financial talent in choosing employers.

Gen Z employees prioritize diversity and inclusivity more than salary when job hunting.

64% of UK finance professionals prioritize diversity and inclusivity when choosing an employer.

ACCA’s Global Talent Trends Survey 2024 highlights the importance of DE&I policies in attracting and retaining talent in the financial sector.

Employers are facing challenges in attracting and retaining talent, with an increasing number of employees planning to ask for pay rises or leave.

Employers need to focus on factors like diversity and inclusion, hybrid working models, and mental health support to prevent significant workforce turnover.


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