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Monday 16th of February 2009
December 1, 2008

Survey reveals job security fears


by Kay Murchie
”Survey

The economic downturn has brought with it rising unemployment across the world and a survey called ‘The Global Recession and its Effect on Work Ethics‘, conducted by IT security data company, Cyber-Ark, has discovered that today’s employees will do anything to retain their jobs.

Workers are offering to double their hours and take a pay cut in order to secure employment.

More than one third of 600 office workers (from New York’s Wall Street, London’s Canary Wharf and Amsterdam, Holland) said they would be willing to work 80 hours a week, with one quarter prepared to take a pay cut if it meant they could keep their jobs.

However, this comes at a price with these workers secretly downloading important, useful and competitive information to take with them if they lose their job.

Over half of those questioned confessed to being worried about losing their jobs and as a result, 71% of workers in Holland, 58% of workers in the US and 40% in the UK, confessed to having already downloaded information.

According to Adam Bosnian of Cyber-Ark, employers have a right to expect loyalty from their workforce, however this works both ways and in these dark days, everyone is nervous, particularly with redundancies at the top of most corporate agendas - the instinct is to look out for number one.

Cyber-Ark warn employers that memory sticks are the easiest, cheapest and least traceable method of downloading huge amounts of information. Other methods were photocopying, emailing, CDs, online encrypted storage websites, smartphones, DVDs, cameras, SKYPE and iPods.

In the meantime, half of US workers said they were prepared to work that much harder compared to 37% in Holland and 27% in the UK in favour of an 80 hour week.

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Story link: Survey reveals job security fears


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