Kuala lumpur: The traditional concept of a 'linear career' is becoming obsolete, according to a recent report by the Association of Chartered Certified Accountants (ACCA). By the year 2035, significant changes are anticipated in how finance professionals operate, encompassing various aspects like job roles, work schedules, and locations.

According to BERNAMA News Agency, the ACCA survey revealed that 37% of Malaysian respondents anticipate that flexible career paths will supplant traditional career models. Meanwhile, 51% of respondents believe a hybrid model, integrating both traditional and flexible elements, will emerge. This indicates a strong inclination among Malaysian finance professionals for career models that offer a balance between structured progression and flexibility.

The findings highlight a preference for hybrid career models that include a mix of structured progression, skills development, and opportunities for lateral movement. Andrew Lim, Head of ACCA Maritime South-East Asia, emphasized the value Malaysian finance professionals place on stability. He pointed out that employers who provide clear career pathways along with opportunities for upskilling, specialization, and role mobility are likely to have an advantage in attracting and retaining talent in the coming years.