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Singapore\u2019s finance sector may remain one of the region\u2019s most attractive talent hubs, but new research from ACCA suggests employers are facing a workforce increasingly shaped by concerns over AI, workplace purpose, and generational change.<\/p>\n
According to ACCA\u2019s Global Talent Trends 2026 report, finance professionals in Singapore are largely confident in their ability to adapt to AI, yet many remain uneasy about what the technology could mean for their long-term careers. Based on responses from more than 11,000 finance professionals across 160 countries, the report found that 81% of respondents in Singapore believe they can learn and apply AI-related skills. However, nearly half (48%) are concerned that AI could affect their own role.<\/p>\n
The findings come as AI adoption accelerates across the finance profession. More than half of respondents in Singapore (51%) said they regularly use AI tools in their day-to-day work. Despite this growing familiarity, trust in AI-driven hiring remains relatively low, with only 41% expressing confidence that AI algorithms can support fair and unbiased recruitment decisions.<\/p>\n
The data points to a widening gap between enthusiasm for AI\u2019s productivity potential and concerns around governance, transparency, and workforce impact.<\/p>\n
At the same time, the report highlights a growing shift towards purpose-driven employment among finance professionals in Singapore. 70% of respondents said an organisation\u2019s reputation on social and human rights issues influences where they choose to work, while 54% expressed interest in pursuing finance roles focused on social impact in the future. A further 63% said they are attracted to roles with environmental responsibilities, a figure ACCA noted is comparatively high among developed countries.<\/p>\n
Maurice Cheong, Head of Singapore, Australia, New Zealand and Oceania, ACCA, said employers can no longer assume compensation alone is enough to secure talent. \u201cEmployers in Singapore are competing for some of the most skilled finance professionals in the world. But skills professionals have choices, and increasingly, those choices are being shaped by purpose as much as by pay,\u201d Cheong said. \u201cOrganisations that think social impact is a nice-to-have are likely to find that the most talented people are choosing somewhere else.\u201d<\/p>\n
The report also points to growing organisational challenges arising from Singapore\u2019s increasingly multigenerational workforce. For the first time, workplaces are spanning five generations simultaneously, and more than half of respondents (53%) said their organisation struggle to support effective collaboration across age groups, significantly above the global average of 42%.<\/p>\n
ACCA identified this as less of a people issue and more of an organisational design challenge, highlighting structured mentoring programmes, mixed-age teams, and clearer communication frameworks as among the approaches employers are adopting to improve collaboration.<\/p>\n
READ MORE: Employees in Singapore feel resigned over pay despite believing salaries are fair, report finds<\/a><\/strong><\/p>\n While Singapore performed relatively well on pay satisfaction compared with other Asia-Pacific markets, pressures related to compensation and living costs remain evident. Some 46% of respondents said they were satisfied with their current pay, but 52% still intend to request a salary increase within the next 12 months.<\/p>\n Employee wellbeing also continues to emerge as a key retention issue. More than half of respondents (52%) said work pressures negatively affect their mental health, mirroring the global average. ACCA\u2019s findings suggest a strong relationship between poor wellbeing and employee flight risk, reinforcing calls for employers to move beyond surface-level wellness initiatives and address workload, culture, and management practices more substantively.<\/p>\n On workplace flexibility, the findings indicate that office attendance still carries perceived career value among finance professionals in Singapore. Around 65% agreed that organisations should mandate a set number of office days each week, while 59% believed that being physically present in the office positively influenced promotion opportunities. Hybrid working, however, remains the preferred arrangement for most respondents.<\/p>\n Cheong added that the findings reflect a workforce navigating multiple shifts simultaneously, from technological disruption to changing expectations around career meaning and progression. \u201cThe employers who will retain the best people are those who take all three seriously, not just the ones that make the headlines,\u201d Cheong concluded.<\/p>\n<\/p><\/div>\n Singapore\u2019s finance sector may remain one of the region\u2019s most attractive talent hubs, but new research from ACCA suggests employers are facing a workforce increasingly…<\/p>\n","protected":false},"author":1,"featured_media":57346,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-57345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/57345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57345"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/57345\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/57346"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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