Intelligent CIO Europe Issue 38 | Page 9

NEWS

Three in four UK office workers would accept a pay cut for remote working

UK salary of £ 30,472 , this would represent a gross reduction of around £ 4,266 per annum on average per worker .
Over a quarter ( 27 %) of workers would accept a pay cut of between 15 – 20 %, with a similar number ( 26 %) prepared to accept a pay cut of over 20 % for the fully remote working benefit .

Three-quarters ( 75 %) of UK office workers said that they would accept – or have accepted – a pay cut in return for a fully remote role that allows them to workfrom-anywhere , according to new research from Citrix . The new data , based on a survey of 1,000 UK office workers and conducted by OnePoll , examined employee attitudes towards the future of work as we begin 2021 .

The poll found that , on average , respondents would be willing to take a 14 % pay cut in order to secure remote working in their role . Based on the current average
“ We ’ re now in a world where employees have seen the potential that remote working holds to improve their work / life balance – so much so that they ’ re willing to forgo a significant portion of their salaries to achieve this on a permanent basis ,” said Darren Fields , Regional Vice President , UK & Ireland , Citrix .
Those aged between 45 and 54 were prepared to take the largest salary sacrifice , averaging 16 % – or £ 4,887 gross salary , based on the national average income .

Banks in the Nordics look to technology service providers to help consolidate ‘ spaghetti ’ IT systems

While banks in the Nordic region are ahead of the curve in adopting new technologies , some large banks are running legacy ‘ spaghetti ’ IT systems after acquiring competitors , according to a new report published by Information Services Group ( ISG ), a leading global technology research and advisory firm .

The 2020 ISG Provider Lens Banking Industry Ecosystem Report for the Nordics finds banks in the region looking to technology service providers to help them manage and consolidate multiple core IT systems in a cost-effective manner . market and can consolidate multiple banking platforms efficiently and quickly .” buying power soars and non-traditional banking alternatives proliferate .
“ Untangling these legacy ‘ spaghetti ’ systems will be a significant challenge for several large banks in the Nordics ,” said Jan Erik Aase , Director and Global Leader , ISG Provider Lens Research . “ This creates significant opportunities for technology service providers that understand the local
The report also sees significant interest among Nordic banks in new technologies to improve customer experience , as the region aims to become the world ’ s first cashless society . Customer experience has become a top priority for many banks , as switching costs for customers plummet , millennial
The report also finds strong growth in contactless payments in the region this year , driven by the COVID-19 pandemic . As they update their systems , many Nordic banks prefer local service providers that understand regional market dynamics and cultural changes .
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