If you starting your career working in banking and financial services then you are much more likely to be working in the office full time, ACCA research reveals.
The problem is more senior team members are much more likely to be working from home, which is leading to less inter-generational collaboration, and opportunities to learn about the culture of the organisation they have joined.
ACCA’s global survey found that 55% of employees believe time spent in the office has a positive impact on promotion opportunities. The majority of respondents in the sector (61%) also agree that organisations should require employees to spend a set number of days in the office.
Over half of the youngest cohort of respondents, Gen Z (52%), report working full time in the office – compared with only 33% of Gen X, and 14% of Baby Boomers.
Jamie Lyon, Head of Skills, Sector and Technology at ACCA (pictured), said: “Time spent with older and often more experienced colleagues in the workplace is an important part of gaining useful real-world experience in the workplace for younger employees, and it’s helpful for driving more effective cross-generational collaboration at work. This mismatch also carries possible implications for future skills development and workplace culture assimilation. Financial services employers need to carefully consider how best to ensure a balanced approach to office presence to optimise workforce collaboration and learning opportunities, particularly as the data also shows that the majority of employees preferred working pattern is hybrid working.”
