Digitalization

Digitalization soundbites: Episode 2 - Employment

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Ask any senior business leader about their most important priorities and its likely that digitalization will be mentioned. Put simply, this means using new technology and data to cut costs, improve business processes or streamline customer experiences. The opportunities are great, but the risks are equally significant, and they need to be carefully managed to ensure that digitalization is a success.

For companies focussing on the employment, labour and pensions related issues, our research showed 27% anticipate employee/skills shortages as a result of the organization’s use or provision of digital technologies. While 64% of businesses say that building trust with stakeholders - which includes employees - is a key focus for their digitalization strategy, only 45% of respondents carry out training to ensure that staff are implementing digital technologies responsibly.

Eversheds Sutherland Partner Hannah Wilkins and Principal Associate Jennifer Mann talk through some of the key Employment related findings and discuss key considerations which companies need to be aware of.