Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

The New Digital Workplace Divide: U.K. Workers Whose Employer Provides Outdated Technology Feel Less Productive, are Over Five Times More Likely to be Frustrated, and Six Times More Likely to Want to Quit

U.K. economy “at risk” if organisations disempower digital workers, less than one-third of whom see their employer as a technology leader

London, UK  – The key to keeping today’s digital worker productive, positive about their job and around at all? Arm them with the most updated technology possible, according to a new study by Unisys Corporation (NYSE: UIS) that explores the importance of deploying current and future digital capabilities in the workplace in the U.K. and 11 other countries around the world.

Key highlights from the U.K. results:

  • Over half (56 percent) of digital workers at “technology laggard” organisations expressed frustration with their employer, as compared to only nine percent of workers at “technology leader” organisations
  • The level of frustration directly correlates with the threat of attrition: workers at technology laggards (14 percent) were more likely to want to leave to go work elsewhere, as compared to their counterparts at technology leaders (two percent). This is particularly concerning considering that leader organisations represented less than one-third of all workers surveyed in the U.K. (26 percent), notably less than the global average (32 percent) and the eleventh lowest total of the 12 countries surveyed.
  • Devices serve as the biggest pain point for workers at “technology laggard” organisations, with 35 percent of these workers complaining that they are held back from being more productive by outdated devices, or 94 percent more likely as those who work for “technology leader” organisations (18 percent).
  • The “Bring Your Own Device” to work movement, which relates primarily to smartphones, brings with it potential security risks. Nearly two out of five digital workers (39 percent) who do so said they download apps and websites not supported by their organisation’s IT group because they are “better than what my company provided” or “their company did not provide an alternative.”

“The data show a clear new paradigm in today’s U.K. digital workplace: more than one-third of those who work for technology laggards feel like outdated devices are limiting their productivity, with more than half frustrated and many with one eye on the door as a result,” said Mickey Davis, global vice president of Managed Workplace Services, Unisys. “Equipping devices with the right applications and productivity tools is critically important to access and engagement.”

The Correlation between Technology, Productivity and the Bottom Line

The global study surveyed more than 12,000 workers in April 2018 across 12 countries, gauging the attitudes of today’s digital workers on how the technology used in the workplace impacts their day-to-day lives. The survey categorised leader and laggard organisations based on respondents qualifying their employer as either ahead of or behind on technology when compared to the competition.

“Almost half of the people working for technology laggards feel held back from being more productive by outdated devices. With a substantial number of businesses are behind the technological curve, it puts them and the economy at risk from a talent retention standpoint and brings down their overall efficiency and productivity. This not only costs resources but also has a negative impact on their relationship with the employer, with many considering new jobs because of their frustration.”

The Future of the Workplace

According to the survey, 28 percent of respondents viewed artificial intelligence (AI) as the emerging technology with the most potential to transform their workplace environment in the next five years. While a majority of respondents cited familiarity with AI, only 16 percent said they understood it well.

Importantly, this lack of understanding plays strongly into what people believe the impact of emerging technology will be on their workplace. Notably, the survey found that 38 percent of workers at leader organizations, for example, believe that technology and automation could make their jobs obsolete in five years

“The fear of the unknown is powerful, and that is what these statistics bear out,” said Davis. “However, those organisations that modernise their technology and business processes in the right way will be best positioned to lead. Coupled with the proper training, automation and intelligence tools can help empower workers by freeing them from tedious tasks so they can deliver better results. We believe AI will enhance their workers, not replace them.”