Analysis of over 1,410 respondents from the global 2016 Generation Next survey, showed that:
- experience in the finance function of the public sector is a valued platform for success
- 'clear career paths' and 'experience at work' are the two key factors for attracting and keeping talent in the public sector
- job satisfaction in the public sector is lower than other sectors, probably stemming from difficulties reported with organisational cultural
- they are willing to leave the public sector at some point in their career, with a large percentage attracted to the corporate sector, and
- they have the highest entrepreneurial intention of any sector.
The trends highlighted hold significant implications for the future of talent in a sector facing many forces of change. Yet whatever strategies they decide to adopt, it is essential that public sector employers recognise the importance of talent management as a key component of their future strategies.