View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Networks
March 18, 2015

Flexibility or free time: the trade-off for workers

Investec Private Banking research reveals impact of technology on working.

By Alexander Sword

The majority of UK professionals believe advances in technology force a trade-off between free time and work flexibility, according to research from Investec Private Banking.

The report found that 63 percent of professionals believed mobile technology gave them increased flexibility in the working world. The biggest support was seen in higher earners of over £70,000, with 81 percent agreeing it allowed improved flexi-time opportunities.

A discrepancy was shown between the genders, with 68 percent of men agreeing their lives had become more flexible as opposed to 57 percent of women.

54 percent of professionals felt that the increased flexibility was traded off against an intrusion into personal time, while 43 percent argued that advances in mobile technology had allowed them more free time.

Additionally, 52 percent of respondents believed technology advances would improve their future job prospects. 61 percent of those aged 25-34 expected better job opportunities, compared to 33 percent of those over 55; however, the difference could be driven by the latter category’s approaching retirement.

The research also revealed fear of technology-induced redundancy, a perennial concern of workers. Concern about redundancies was expressed particularly in hospitality, with 12 percent of respondents, and engineering, with 9 percent of respondents.

Wayne Preston, Head of Banking at Investec, comments: "We continue to see high levels of demand being placed on professionals throughout the UK. Although advancements in technology make it harder than ever to ‘switch off’, it’s encouraging to see professionals are experiencing greater flexibility and enhanced job prospects as a result."

Content from our partners
Rethinking cloud: challenging assumptions, learning lessons
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business

He added: "Life doesn’t exist solely between the hours of 9 and 5, and working in a global marketplace across multiple time zones means the pressure to be always connected is at an all-time high."

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU