Showing posts with label Layoff. Show all posts
Showing posts with label Layoff. Show all posts

Tuesday, December 23, 2008

The Global Recession and its Effect on Work Ethics


Today, Michael Krigsman published in his ZDNet's blog , a post called IT ethics and the recession, where he talks about a survey entitled The Global Recession and its Effect on Work Ethics. This survey was conducted by Cyber-Ark Software, a Security firm, and interviewed 600 workers on Wall Street, New York, Docklands, London and Amsterdam, Holland.

He said: "With a major recession in full-swing, someone had to come up with a survey covering the ethics of office workers in three countries. The punch line: a large percentage of folks surveyed would steal confidential company data in the event of layoff rumors. The results are fairly ugly, painting a negative picture of ethics in the workplace."

About the question: How far would you be prepared to go to keep your job?, more than a third of workers across the sample confirmed that they would be prepared to work 80 hours a week to keep their jobs, 25% would be prepared to take a salary cut, and 15 % of Americans chose "Blackmail my boss about his/her indiscretions at the office party".

Michael Krigsman's considerations about the survey are:
- Employers should not underestimate the level of stress the recession causes workers. Treat your folks with respect and dignity and they’re more likely to behave decently back toward you.
- Once workers learn they may be targeted for downsizing, their ethics may erode. Employers should be aware of this and enhance security accordingly.
- A small number of workers are just plain dumb. Threats of blackmail? You’ve gotta be kidding.

You can download the survey in the Cyber-Ark Software's website (registration required).