The People & Culture Platform | Culture Amp

New Tech (South Asia) 2021

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.

  • ~1.1m

    Questions answered
    in last 12 months

  • /
  • ~150

    Organizations

These insights represent ~1.1m questions answered from ~150 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

    37%

  • Information Technology and Services

    30%

  • Internet

    25%

  • Computer Networking

    5%

  • Computer & Network Security

    3%

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.

81% of New Tech (South Asia) employees are engaged

This is in the top 6% compared with the overall average.


The average eNPS score for organizations in this benchmark is 43 and is in the top 6% 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 rarely think about looking for a job at another company

68%

9% above global average

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

80%

9% above global average

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

76%

9% above global average

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

90%

6% above global average

I am proud to work for [Company]

91%

4% above global average

The highest scoring question for New Tech South Asia had 94% of people agreeing that they know how their work contributes to the goals of [company] (+3% compared to overall) while they were generally most positive about Social Connection.


People in New Tech South Asia were generally least favourable about Action, 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 23% of people disagreeing (+3% 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

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

86% favorable


The factor this relates most closely to is Leadership

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

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

86% favorable

Leadership
2

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

80% favorable

Learning & Development
3

Day-to-day decisions here demonstrate that quality and improvement are top priorities

84% favorable

Service & Quality Focus
4

[Company] really allows us to make a positive difference

85% favorable

Social Connection
5

I feel like I belong at [Company]

85% favorable

Belonging

How long do people stay?

In the short term, 10% of people in this benchmark are thinking of or actually seeking jobs elsewhere (-8% compared to overall) while on a longer time frame, 6% 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

We are staying connected as a team/colleagues during the COVID-19 Pandemic

96% favorable

Work Relationships
2

We are receiving timely communications from [Company] in relation to the COVID-19 Pandemic

95% favorable

Communication
3

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

86% 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

4.0 stars (+0.2)

Culture and Values

4.0 stars (+0.1)

Work Life Balance

4.0 stars (+0.2)

Compensation and Benefits

4.0 stars (+0.4)

Career Opportunities

3.9 stars (+0.4)

Recommend to Friend

78.0% (+7)

CEO Approval

89.0% (+5)

How does New Tech (South Asia) compare?

Organizations in New Tech South Asia tend to be very similar to the global all industries insights, with no significant departures from the average.

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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