Conflicting values of millennials a "wake up call": Fraud Survey

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Millennials in Asia-Pacific are the most willing age group to justify "unethical behavior" in the workplace, according to an annual fraud report released on Tuesday.
The online survey conducted by global consulting firm EY`s Fraud Investment and Dispute Services on about 1,700 employees from large companies across Asia-Pacific, said that young working adults of the region are more likely to condone dishonest methods in order to "win and retain business.
" Justifying bad behavior The report titled, "EY Asia-Pacific Fraud Survey 2017", found that 38 percent of millennials or Generation-Y employees (defined as those aged 25 to 34 years old) would, if necessary, resort to "cash payments" to get ahead, compared to 28 percent of all respondents.
Forty-two percent of working millennials would also "extend the monthly reporting period to meet financial targets", higher than 31 percent of all others surveyed.
But the results do not mean that millennials are most likely to engage in fraudulent behavior.
Millennials were found to be the age group least willing to work for an unethical employer, with 4-in-5 Generation-Y respondents indicating that they would seek another job should their current firm be embroiled in a fraud scandal.

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