Exploring the aspirations, working styles and motivations of today's younger managers in the IT sector, the report exposes as myth the view that Generation Y is self-absorbed, disloyal and impatient.
The study, based on qualitative and quantitative research of managers aged 35 and younger, indicates that today's younger managers in the IT sector are focused on long-term skills development to boost their career options.
Combined with analysis of the views of management students, the study, published with Ordnance Survey, will be used to help business leaders and employers in the sector understand how to recruit, develop and retain younger managers.
The report says that far from the stereotypical view of Generation Y as self-indulgent, younger managers in the IT sector are driven by ethics and a sense of purpose.
Only 14% claimed they "would quit their job tomorrow" if they won the lottery. Some 85% in the sector "want to work for an organisation that does something I believe in", and 62% "would only work for organisations with strong values".
The report also shows that 62% of respondents in the IT sector have been in their current job for three years or more, and only 7% strongly agreed with the statement that "there's no point being excessively loyal to an organisation".
About 50% also work in the evenings, if necessary, 43% at weekends, and 29% also use travel time for working.