The People & Culture Platform | Culture Amp

New Tech (South Asia) 2020

The new tech numbers tell a story of (mostly) young and fast-growing companies that are some of the most in-demand places to work in the world right now. But what makes a New Tech company is not their age, size or industry - it is their approach to business. All of our New Tech companies are disruptive at their hearts; often internet-based or focused on creating new technologies.

  • ~520k

    Questions answered
    in last 12 months

  • /
  • ~75

    Organizations

These insights represent ~520k questions answered from ~75 organizations, ranging in size from 10 to 4,300 people, in the last 12 months.

The data meet our criteria as being robust and reliable; unlikely to substantially change over time; and representative of the wider industry. Read more about the methodology.

Data provided by Culture Amp

Industry breakdown

  • Computer Software

    61%

  • Information Technology and Services

    19%

  • Internet

    10%

  • Computer & Network Security

    4%

  • Computer Networking

    3%

  • Computer Games

    3%

Included countries

  • India
  • Sri Lanka
  • Nepal
  • Pakistan
  • Bangladesh

Are employees committed to their organizations?

Engaged people are emotionally committed to their organization. These people stay at their organizations longer and are more productive and effective. Successful organizations have more engaged employees.

77% of New Tech (South Asia) employees are engaged

This is in the top 4% compared with the overall average.


The average eNPS score for organizations in this benchmark is 28 and is in the top 13% compared with the overall average.

Understanding the engagement questions

Engagement is defined through these five industry-standard questions from Culture Amp’s engagement survey template.

I see myself still working at [Company] in two years' time

73%

10% above global average

I rarely think about looking for a job at another company

63%

8% above global average

[Company] motivates me to go beyond what I would in a similar role elsewhere

76%

7% above global average

I would recommend [Company] as a great place to work

87%

5% above global average

I am proud to work for [Company]

87%

1% above global average

The highest scoring question for New Tech South Asia had 91% of People agreeing that they know how their work contributes to the goals of [company] (+2% compared to overall) while they were generally most positive about Work & Life Blend.


People in New Tech South Asia were generally least favourable about Fairness, and were most negative towards 'I believe my total compensation (base salary+any bonuses+benefits+equity) is fair, relative to similar roles at other companies' with 26% of people disagreeing (+2% above average).

Which questions matter the most?

Different things are important to different cultures. If you want to make more of your people engaged then you need to know what is important your people. These questions are most important to keeping people engaged in New Tech (South Asia) organizations.

1

[Company] is a great company for me to make a contribution to my development

80% favorable


The factor this relates most closely to is Learning & Development

Which questions matter the most?

Different things are important to different cultures. If you want to make more of your people engaged then you need to know what is important your people. These questions are most important to keeping people engaged in New Tech (South Asia) organizations.

1

[Company] is a great company for me to make a contribution to my development

80% favorable

Learning & Development
2

We are encouraged to be innovative even though some of our initiatives may not succeed

79% favorable

Innovation
3

The leaders at [Company] keep people informed about what is happening

81% favorable

Leadership
4

The leaders at [Company] demonstrate that people are important to the company's success

79% favorable

Leadership
5

I believe action will take place as a result of this survey

78% favorable

Action

How long do people stay?

In the short term, 15% of people in this benchmark are thinking of or actually seeking jobs elsewhere (-5% compared to overall) while on a longer time frame, 8% of people see themselves leaving within two years (-4% compared to overall).

The following questions had the biggest impact on whether individuals felt that they were planning to stay at their organization and not actively looking for alternative jobs.

1

I believe action will take place as a result of this survey

78% favorable

Action
2

I have seen positive changes taking place based on recent employee survey results

53% favorable

Action
3

The leaders at [Company] keep people informed about what is happening

81% favorable

Leadership
Average Glassdoor ratings

We’ve connected the employee feedback data for each company included in the benchmark with ratings from Glassdoor.com, which is one of the world’s largest job and recruiting sites combined with a growing database of company reviews, CEO approval ratings and more.

Overall Rating

3.8 stars (+0)

Culture and Values

3.95 stars (+0.1)

Work Life Balance

3.9 stars (+0.1)

Compensation and Benefits

3.9 stars (+0.3)

Career Opportunities

3.8 stars (+0.2)

Recommend to Friend

72.0% (+1)

CEO Approval

89.5% (+5.5)

Are staff empowered with results?

Organizations in the New Tech (South Asia) benchmark on average gave 10% of employees access to reports with their survey results. This is below the overall average of 10% and demonstrates that organizations in this benchmark are more likely to share via offline and traditional formats.

An interesting reference point is that the average proportion of managers in organizations is 12-15%, with some industries higher than others (New Tech was closer to 20%).



  • Global average


    10%

  • New Tech (South Asia)


    10%



  • How does New Tech (South Asia) compare?

    People in New Tech South Asia were much more positive than average regarding Feedback & Recognition, Action, and Voice.


    Insights data provided by Culture Amp. For a complete overview of 2021 Insights (Culture Amp Platform benchmarks) visit the Culture Amp Support Guide.

    What makes Insights special? Gain a deeper understanding of how they work.

    Learn more about Insights with Culture Amp’s benchmarks

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