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The number of skilled professionals committed to a career in South Africa is declining according to the 2019 PPS Graduate Professional Index (GPI) published on Wednesday (April 22).
PPS, a mutual financial services company that focuses exclusively on graduate professionals, conducted an independent survey of 5,837 members at the beginning of 2019 to gauge their perceptions on a number of issues affecting their professions, both now and in the near future.
Graduate - Professionals - Accounting - Engineering - Sectors
Graduate professionals working across the accounting, dental, engineering, legal, medical, pharmaceutical and other sectors were polled, and the findings of the survey shed light on the state of South African professionals.
While the majority of respondents (68%) felt confident about the future of their profession over the next five years – with accountants (86%) leading the pack – due to financial viability (35%) and regulations (23%) in their professions, many were concerned about political issues (43%) and economic conditions (27%).
Survey - Results - South - Africa - Professionals
“According to our survey’s results, South Africa’s skilled professionals – doctors, accountants, lawyers, engineers, corporate employees, and successful entrepreneurs – are giving more consideration towards emigrating due to their being qualified to do so and having the financial means,” said Motshabi Nomvete, head of technical marketing at PPS.
“This holds many implications of a professional migration trend on a developing nation.”
Majority - Respondents - % - Matriculants - Professions
The majority of respondents (71%) would encourage matriculants to enter their respective professions, particularly accountants (89%), engineers (80%), ‘other’ professionals (79%), pharmacists (59%) and medical professionals (56%). The main reasons are that the skills are needed in SA (51%), and that the profession is personally rewarding (35%).
When asked about the state of youth employment, 36% of respondents thought this was a government problem which they must solve, and 30% believed that their professional associations were also looking for solutions.
Main - Findings - Professions
Main findings for each of the professions:
Lawyers – 84% of respondents were concerned about how state...
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