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Global – More than half of businesses have a digital strategy in place

20 December 2016

According to the latest Randstad WorkMonitor for Q4, 84% of employees worldwide acknowledge the importance for their current employer to have a digital strategy, with 59% stating that the company they work for has one in place.

The findings show that employers that score high on this scale of digital awareness are India (84%) and China (81%) whereas employers in Japan (42%) and Hungary (41%) score at the low end.

With regard to digitisation, 68% of the global respondents agree that the employees at their current employer do not have the required skill sets that are necessary for digitisation and 62% admit that they personally need to acquire more skills in order to guarantee their future employability.

In addition, 62% of the global respondents state that they could add more personal value to their work if repetitive tasks could be automated whereas the number of respondents in China and India are much higher (92% and 85% respectively). Where 42% of the global respondents agree that they actually perform a lot of routine tasks that could be automated, the numbers in India (80%), Turkey (76%), Malaysia (74%) and China (70%) rather differ.

Meanwhile, globally, 52% of the respondents expect the economic situation in their country to improve whereas 58% said so in the last two years. With regard to their current employer’s financial performance, 68% expect this to improve into 2017, whereas last year 71% did so. Globally, approximately 50% of the respondents expect to receive a raise and/or a financial bonus at the end of the fiscal year.

The Workmonitor also showed that fewer employees worldwide expect to be employed elsewhere in the coming six months than they did in the previous quarter, so the Mobility Index has decreased to 108, which is the lowest point in the last 2.5 years. The biggest decreases are in India (-9), Germany (-8), Argentina , Australia and the Czech Republic (all -7). Mobility increased in Denmark (+5), Malaysia, and the UK (both +4).

“Since 2010, Germany has always had a low mobility index,” Petra Timm, Director Group Communications Randstad Germany, said. “This can be explained by the fact that German employees overall have a high level of job satisfaction, while the unemployment rate is low in comparison to the European level and the economic situation is stable. Therefore, for German employees, there is not necessarily a need to change jobs.”

Furthermore, the findings from Randstad also showed that job satisfaction was highest in Mexico and the US compared to last quarter, with increases in job satisfaction seen in the Czech Republic and New Zealand. Job satisfaction decreased in Australia, Brazil, Canada, Poland, Portugal, Singapore and UK.