By Nivedita Balu
TORONTO, June 19 (Reuters) - Toronto-Dominion Bank told some employees working in its financial crimes and risk management team that it would run software to track their work, prompting questions around consent and privacy in the workplace as the Canadian lender tries to increase productivity, according to a recording of a team call reviewed by Reuters and a document TD shared with employees.
The program will track the time employees spend on browsers and internal chat and meeting applications, according to the recording.
Companies are increasingly facing employee pushback over the deployment of software to monitor their work.
TD said in a statement to Reuters the deployment is "standard practice across the industry." "In various parts of our business, we use automated solutions to improve insights and better allocate resources," the company said. "This is not AI and not specific to any business or matter, the tool allows managers to more accurately manage workflows, team capacity and performance. Where deployed, colleagues are informed about where they are used and for what purpose."
TORONTO, June 19 (Reuters) - Toronto-Dominion Bank told some employees working in its financial crimes and risk management team that it would run software to track their work, prompting questions around consent and privacy in the workplace as the Canadian lender tries to increase productivity, according to a recording of a team call reviewed by Reuters and a document TD shared with employees.
The program will track the time employees spend on browsers and internal chat and meeting applications, according to the recording.
Companies are increasingly facing employee pushback over the deployment of software to monitor their work.
TD said in a statement to Reuters the deployment is "standard practice across the industry." "In various parts of our business, we use automated solutions to improve insights and better allocate resources," the company said. "This is not AI and not specific to any business or matter, the tool allows managers to more accurately manage workflows, team capacity and performance. Where deployed, colleagues are informed about where they are used and for what purpose."
2 months ago
