Generation Next: managing talent in small and medium sized practices | Who is Generation Next in small and medium-sized practices?
Who is Generation Next in small and medium-sized practices? Globally, 1,278 respondents from the overall 2016 Generation Next survey were working for SMPs. These SMP respondents were mainly located in the UK (389 respondents), Malaysia (173), Pakistan (111), Ireland (66), Singapore (61) and Mauritius (53). As with respondents overall, there was almost gender parity among SMP respondents, with males constituting 51% of the group and females 49%. The average age of Generation Next employees working for SMPs (28 years old) was slightly older than the wider Generation Next population (27 years old) (Figure 1.2). Therefore SMP respondents are likely to be at a stage of their career where they are actively considering their long-term future. This might involve contemplating whether they want to stay in practice or move into industry for their next role, or whether developing their skills and experience is a more important priority than looking for higher remuneration.