Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    NOT like father, like son

    NOT like father, like son

    Published by Gbaf News

    Posted on June 20, 2018

    Featured image for article about Top Stories
    • Only one in six to follow same profession as father
    • Young people 4 times more likely to follow their fathers’ careers path if they were in private sector than public sector jobs.
    • Entrepreneurial fathers more likely to have an impact on children

    London: On Father’s Day, children showed their appreciation of fathers but most are unlikely to follow in their footsteps.

    Over 83% of young people expected to enter the workforce this year said they wouldn’t pursue the same profession as their father according to Magnet.me, the UK’s biggest student and graduate careers site.

    Whilst the majority (44%) of fathers regularly discuss their work with children, they don’t seem inspired to take up jobs like them. This divergence between fathers and their children is especially acute for those in public sector roles.

    Only 4% of young people whose father works in the public sector, said they would take up a similar role. This compares starkly to the private sector where 16% of young people said they would follow suit. Interestingly, almost a third (32%) of young people whose father was an entrepreneur would purse similar ambitions.

    Ms Sarah Jacobs, a graduate from Manchester University said: “My mother is a nurse and father is policeman. They are having great careers but I just don’t see myself or people like me in their roles in 2018. The public sector just doesn’t have the same kudos that maybe it once did”.

    Ms Maxi Morar, a finalist at University of Warwick said: “I believe that my father shaped my focus and perspective career-wise because he talks with such a genuine passion for his work. As a matter of fact, my passion for maths and statistics comes from him. I expect to enter the world of asset management, much like him”.

    A significant number of fathers (46%) impart careers advice to their children and the majority of these young people (57%) say they value their opinion and advice.

    Vincent Karremans, Founder of Magnet.me commented: “Fathers and children are clearly engaged on conversations about the world of work but young people clearly have different ambitions. The poor image of the public sector, with low wage and slow career progression prospects hasn’t helped”.

    “There are wider career opportunities available now in industry as well as cross-border. The world has become a smaller place over the past 30 years”.

    • Only one in six to follow same profession as father
    • Young people 4 times more likely to follow their fathers’ careers path if they were in private sector than public sector jobs.
    • Entrepreneurial fathers more likely to have an impact on children

    London: On Father’s Day, children showed their appreciation of fathers but most are unlikely to follow in their footsteps.

    Over 83% of young people expected to enter the workforce this year said they wouldn’t pursue the same profession as their father according to Magnet.me, the UK’s biggest student and graduate careers site.

    Whilst the majority (44%) of fathers regularly discuss their work with children, they don’t seem inspired to take up jobs like them. This divergence between fathers and their children is especially acute for those in public sector roles.

    Only 4% of young people whose father works in the public sector, said they would take up a similar role. This compares starkly to the private sector where 16% of young people said they would follow suit. Interestingly, almost a third (32%) of young people whose father was an entrepreneur would purse similar ambitions.

    Ms Sarah Jacobs, a graduate from Manchester University said: “My mother is a nurse and father is policeman. They are having great careers but I just don’t see myself or people like me in their roles in 2018. The public sector just doesn’t have the same kudos that maybe it once did”.

    Ms Maxi Morar, a finalist at University of Warwick said: “I believe that my father shaped my focus and perspective career-wise because he talks with such a genuine passion for his work. As a matter of fact, my passion for maths and statistics comes from him. I expect to enter the world of asset management, much like him”.

    A significant number of fathers (46%) impart careers advice to their children and the majority of these young people (57%) say they value their opinion and advice.

    Vincent Karremans, Founder of Magnet.me commented: “Fathers and children are clearly engaged on conversations about the world of work but young people clearly have different ambitions. The poor image of the public sector, with low wage and slow career progression prospects hasn’t helped”.

    “There are wider career opportunities available now in industry as well as cross-border. The world has become a smaller place over the past 30 years”.

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe