PriyaPatel
TLDR:
Key Points:
- 64% of UK finance professionals prioritize diversity and inclusivity when choosing an employer.
- 76% of Gen Z employees rate diversity and inclusivity as one of their top factors when job hunting.
In a recent survey conducted by ACCA, it was found that 64% of UK finance professionals prioritize diversity and inclusivity when choosing an employer. This highlights the growing importance of diversity and inclusion (DE&I) strategies in the financial sector. Gen Z employees, in particular, prioritize DE&I in their job search, with 76% of them rating it as a key factor in choosing an organization to work for. This emphasis on DE&I puts pressure on employers to deliver DE&I policies to attract and retain the best talent.
The survey also revealed that 50% of UK finance professionals are planning to ask for a pay rise within the next 12 months, and 49% believe that the best way to secure a pay rise is to leave their current organization. This underscores the importance of not only salary but also workplace factors like diversity and inclusion, hybrid working models, and mental health support in retaining talent.
Employers must embrace DE&I strategies to attract and retain diverse talent, remain competitive in terms of salary and job opportunities, and prevent a potential exodus of half of their workforce within the next 12 months. ACCA will continue to support members in implementing effective DE&I strategies through education and policy outreach.
