Alert! What Indian employees fear at workplace after scandals
While 74 per cent of Indian workers say new technologies to collect workforce data put trust at risk, recent data scandals make 80 per cent feel that their employee information might be hacked too, a new report from Accenture said on Thursday. More than five in 10 C-level executives (51 per cent) from India said their organisations are using new technologies to collect data on their people and work to gain more actionable insights.
However, fewer than one-third (31 per cent) were confident the companies are using the data responsibly. "It`s clear that in the digital economy, workforce data offers enormous opportunities to create more innovative, agile and productive organizations. "Yet related ethics and privacy issues can erode employee trust, and negatively impact organisation value and performance," said Anindya Basu, Geographic Unit and Country Senior Managing Director, Accenture in India. Image source: Reuters
Companies that put in place responsible data strategies could see revenue growth up to 12.5 per cent higher than those fail to adopt responsible data strategies, added the report based on global surveys of 1,400 C-level executives and 10,000 workers across 13 industries including 100 C-level executives and 750 workers from India. Image source: Reuters