Skip to content. | Skip to navigation

Viewing: Home / Digital Marketing News | Digital Media & Advertising News / 2008 / December / Workers ‘would double hours and reduce pay’ to keep their jobs

Workers ‘would double hours and reduce pay’ to keep their jobs

Added:
Dec 02, 2008

With a recession looming, nervous workers will do almost anything to keep their jobs- but at a cost to the employer, according to a new survey.

The survey, into “The Global Recession and its Effect on Work Ethics”, carried out by IT security data experts Cyber-Ark, found that more than one third of the 600 office workers (from New York’s Wall Street, London’s Canary Wharf and Amsterdam, Holland), confirmed they would be willing to work 80 hours a week, with 25% prepared to take a salary cut, if it meant they could keep their jobs.   

 

Nevertheless, these workers are conspiring behind their bosses’ backs to download vital, useful and competitive information to take with them if and when they get the push.

 

Interestingly, 56% of workers surveyed admitted to being worried about losing their jobs. Alarmingly, in preparation, more than half have already downloaded competitive corporate data and plan to use the information as a negotiating tool to secure their next post:

 

71% of workers in Holland confessed to having already downloaded data, 58% in the US and just 40% in the UK. When confronted with the prospect of being fired tomorrow and ethics go out the door (so to speak), 71% surveyed declared they would definitely take company data with them to their next employer. 

 

Top of the list of desirable information is the customer and contact databases, with plans and proposals, product information, and access / password codes all proving popular choices. HR records and legal documents were the least most favoured data that employees were interested in taking.

 

Redundancy is a sore word and rumours that they were looming would send 46% of the global workers interviewed scurrying about trying to obtain the redundancy list. Half said they’d try using their access rights to snoop around the network and, if this failed, they’d consider bribing a ‘mate’ in the IT department to do it for them. 

 

Adam Bosnian, VP of Products, Strategy and Sales of Cyber-Ark said: “Employers have a right to expect loyalty from their workforce, however this works both ways and in these dark days, everyone is jittery especially with lay-offs at the top of most corporate agendas - the instinct is to look out for number one.

 

“It would be unthinkable to leave money on a desk, an obvious temptation to anyone passing, instead it is always safely locked away and its time sensitive information is given the same consideration. If times get hard, and they invariably will, companies need to ensure that any cutbacks aren’t deeper then expected when stolen data unexpectedly eradicates any chance of survival – our advice is only allow access to sensitive information to those that really need it, lock it away in a digital vault and encrypt the really sensitive data.”

 

Surprisingly companies do seem to be heeding the danger that data leakage poses. The study reveals workers globally believe it’s becoming harder to take sensitive information out of the company – 71% in the UK acknowledged it was difficult and 46% in Holland agreed. Yet in the US the message still isn’t getting through with only 38% admitting they had found it difficult to sneak information away.

 

Memory sticks are the smallest, easiest, cheapest and least traceable method of downloading huge amounts of data, which is why this is often considered the “weapon of choice”.

 

Other methods were photocopying, emailing, CDs, online encrypted storage websites, smartphones, DVDs, cameras, SKYPE, iPods and, rather randomly yet quite disconcerting, in the UK 7% said they’d memorise the important data!

 

Additionally, the study discloses that universally we’re not all as equally conscientious and prepared to work all the hours available. 50% of US workers were prepared to work that much harder compared to 37% in Holland and just 27% in the UK in favour of an 80 hour week.

 

Additionally, when asked what other lengths they would go to in order to keep their jobs, the data wasn’t just limited to the hours employees were willing to put in. For the US there were no boundaries with 15% admitting they’d consider blackmailing the boss and 26% prepared to buy the next round of drinks for a year! The Brits and Dutch were less dishonest with just 3% contemplating bribery, and only 6% in Holland and 2% in the UK willing to buy the drinks.

 

“The damage that insiders can do should not be underestimated. With a faltering economy resulting in increased jobs cuts, deferred promotions and additional stress, companies need to be especially vigilant about protecting their most sensitive data against nervous or disgruntled employees,” adds Bosnian.

 

The survey into “the global recession and its effect on work ethics”, was carried out by Cyber-Ark’s team of researchers amongst 600 office workers on Wall Street, New York, Canary Wharf London and at an International event in Amsterdam Holland.

 

 

Document Actions
Newsletter

E-mail address:

Newsletters:





Subscription:


 
July Events
12345
6789101112
13141516171819
20212223242526
2728293031
Upcoming Events
Directors Dinner – Sustainable Development with Rio Tinto Jul 16, 2009
NETIMPERATIVE NIGHTS: Is Mobile Marketing starting to live up to hype? Jul 22, 2009
All upcoming events…
Analysis
Guest comment: Why you need a lead generation strategy
Lead generation is often considered only as part of a general online marketing strategy. Justin Rees, Head of Marketing at LeadPoint, explains why the discipline needs more attention than that...
Apr 30, 2009
Right to reply: MPs should embark on social networking with their eyes wide open
While some politicians have made the leap into social media, many remain hesitant. Rob Marcus, Director of Chat Moderators, argues that it’s high time MPs embraced new communications platforms.
Apr 20, 2009
Blog: Starting up your online community
With everyone jumping on the social media bandwagon, how can you start an online community that stands out in the crowd? eModeration offers some tips.
Apr 17, 2009
Guest comment: Top 5 tips for harnessing Twitter for brands
How can brands get the most out of Twitter? Tom Griffiths, Business Development Manager at CheezeDMG offers some tips to generate conversions through conversations.
Apr 16, 2009
Blog: The Pitfalls of Community Management
How can you get the most out of online communities? eModeration details the most common pitfalls that brands across all sectors should avoid when they create and run an online community; and gives advice on how to overcome them.
Apr 02, 2009
All subject items…