For most students, graduating from University leads to expectations and perceived promises about their future careers. These expectations, for the employee, may involve matters such as the duties to be performed within the position, the skills and knowledge to be applied, and forms of remuneration. The theory known as the psychological contract, which looks at the unwritten agreements made between employee and employer, provides a basis fQJ investigation into this area. This paper presents an investigation into the expectations of employees on employment within the accounting industry. This is in response to growing interest and discussion regarding Generation Y in employment. The results show that the expectations of employees include good salary and benefits, opportunities for advancement and working in a positive environment as being important job characteristics. The study also shows that the perception of knowledge, skills and abilities include problem solving skills, analytical skills and time management.
Global Review of Accounting and Finance Vol. 1, p. 189-202