Serco Group (SRP)

Sector:

Support

Index:

FTSE 250

181.50p
   
  • Change Today:
    -3.50p
  • 52 Week High: 189.70p
  • 52 Week Low: 136.90p
  • Currency: UK Pounds
  • Shares Issued: 1,085.45m
  • Volume: 564,683
  • Market Cap: £1,970.09m
  • RiskGrade: 174

Serco ordered to cease using facial recognition on workers

By Frank Prenesti

Date: Friday 23 Feb 2024

LONDON (ShareCast) - (Sharecast News) - UK government contractor Serco has been ordered to to stop using facial recognition technology to monitor the attendance of employees at leisure centres it operates.
The Information Commissioner's Office (ICO) found that Serco Leisure and community leisure trusts were unlawfully processing the biometric data of more than 2,000 employees at 38 leisure facilities across Britain.

It added that facial recognition and fingerprint scanning were used to monitor workers' attendance and then the subsequent payment for their time.

The leisure centre operator failed to show why these methods were needed rather than "less intrusive" means, such as ID cards or fobs for staff, the ICO said.

"Employees have not been proactively offered an alternative to having their faces and fingers scanned to clock in and out of their place of work, and it has been presented as a requirement in order to get paid," the ICO said.

"Due to the imbalance of power between Serco Leisure and its employees, it is unlikely that they would feel able to say no to the collection and use of their biometric data for attendance checks."

The ICO also said employees were also not offered a clear alternative to having their faces and fingerprints scanned.

John Edwards, the UK Information Commissioner, said: "Biometric data is wholly unique to a person so the risks of harm in the event of inaccuracies or a security breach are much greater - you can't reset someone's face or fingerprint like you can reset a password."

"Serco Leisure did not fully consider the risks before introducing biometric technology to monitor staff attendance, prioritising business interests over its employees' privacy."

Serco confirmed it would fully comply with the enforcement notice.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Serco Market Data

Currency UK Pounds
Share Price 181.50p
Change Today -3.50p
% Change -1.89 %
52 Week High 189.70p
52 Week Low 136.90p
Volume 564,683
Shares Issued 1,085.45m
Market Cap £1,970.09m
RiskGrade 174

Serco Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.72% below the market average87.72% below the market average87.72% below the market average87.72% below the market average87.72% below the market average
62.64% below the sector average62.64% below the sector average62.64% below the sector average62.64% below the sector average62.64% below the sector average
Price Trend
76.42% above the market average76.42% above the market average76.42% above the market average76.42% above the market average76.42% above the market average
42.00% above the sector average42.00% above the sector average42.00% above the sector average42.00% above the sector average42.00% above the sector average
Income
38.87% below the market average38.87% below the market average38.87% below the market average38.87% below the market average38.87% below the market average
21.88% below the sector average21.88% below the sector average21.88% below the sector average21.88% below the sector average21.88% below the sector average
Growth
13.27% below the market average13.27% below the market average13.27% below the market average13.27% below the market average13.27% below the market average
35.35% below the sector average35.35% below the sector average35.35% below the sector average35.35% below the sector average35.35% below the sector average

What The Brokers Say

Strong Buy 6
Buy 3
Neutral 2
Sell 0
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Serco Dividends

  Latest Previous
  Final Interim
Ex-Div 18-Apr-24 07-Sep-23
Paid 10-May-24 06-Oct-23
Amount 2.27p 1.14p

Trades for 16-May-2024

Time Volume / Share Price
12:51 236 @ 181.50p
12:51 685 @ 181.60p
12:51 103 @ 181.60p
12:51 698 @ 181.60p
12:51 321 @ 181.60p

Serco Key Personnel

CEO Mark Irwin

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