Skip to main content

How Technology's impact on employee satisfaction and retention?

 How Technology's impact on employee satisfaction and retention?


The well-being of employees is one of the many aspects of the workplace that technology is affecting. Your employees' performance, productivity, and perspective of their work experiences will all be directly impacted by their emotional and mental health.


What's more, almost eighty percent of the workers who took part in the poll indicated that having access to good mental health resources would increase their likelihood of sticking with their business. That is a strong argument for enhancing your employee value proposition to include extra assistance for mental health and wellbeing. With technology, you can do that quickly and cheaply, and it will benefit your staff members as a whole.


Reference :

S, S. (2022). What is Employee Retention? Programme and Methods. [online] Business Jargons. Available at: https://businessjargons.com/employee-retention.html [Accessed 20 Dec. 2023].

 

Wardle, J. (2023). How a great employee experience impacts employee retention. [online] Kind Mind. Available at: https://kindmind.app/employee-experience-impacts-employee-retention/ [Accessed 20 Dec. 2023

 

 

Comments

  1. Thank you Supun! However, sometimes technology has resulted in imbalance in employee wellbeing and has resulted in demotivation. For an example due to technology employees might feel isolated and anxiety. Furthermore, no of screen hours might affect employee eyesight issues. Would you agree with the drawback of the technology?

    ReplyDelete

Post a Comment

Popular posts from this blog

Nurturing Talent for Long-Term Success: A Comprehensive Approach to Employee Retention in the Banking Industry

E mployee retention is a pressing concern for success in the banking industry. This article delves into the theories and principles advocated by Armstrong, providing insights into how the banking sector can fortify its talent management pipeline. 1. Resourcing Strategy: A strategic alignment with business aims is pivotal. Ensuring that the workforce possesses the necessary skills for current and future roles is imperative for sustained success in the dynamic banking sector (Armstrong, 2006). - Identify skills and competencies required for evolving roles. - Align resourcing strategies with ever-changing business objectives. 2. Talent Audit: A thorough talent audit is a cornerstone for understanding the strengths and weaknesses of the existing talent pool within the banking sector (Armstrong, 2006). - Identify key contributors and assess skill gaps. - Develop targeted retention strategies based on audit findings (Armstrong, 2006). 3. Role Flexibility: In a rapidly changing banking enviro...

Globalization & Human Resource Management

  G lobalization & Human Resource Management Human Resource Management In an increasingly interconnected world, organizations are expanding their reach across borders, leading to a surge in workforce diversity. This has created a pressing need for effective human resource management (HRM) practices that can successfully navigate different cultural contexts. Core Functions of HRM HRM plays a pivotal role in managing a diverse workforce and driving organizational success. Its core functions encompass: Optimizing the utilization of the existing workforce, ensuring maximum productivity and efficiency. Strategically allocating and utilizing skilled employees to match organizational needs and goals. Ensuring compliance with labor laws and regulations across various jurisdictions, mitigating legal risks and fostering a compliant work environment. Implementing performance management and development systems to enhance employee performance and facilitate career growth. ...

Employee Retention Strategies in the Tech-Driven HR Landscap

Navigating Employee Retention in Banking: Leveraging Tech-Driven HR Strategies In the increasingly digital world, banking professionals have to find new ways to adopt, implement and manage technology and digital applications, customer expectations, and business models to shape the digital future of banking. In the rapidly evolving landscape of Human Resource Management (HRM) within the banking sector, the integration of technology has not only reshaped performance management practices but has also become a strategic imperative for employee retention. While the blog "Integrating Technology in Performance Management: Tools and Trends" sheds light on the broader tech-driven transformation, this article will explore specific employee retention strategies within the dynamic banking environment. The Tech-Driven Performance Management Evolution in Banking: A Recap The blog "Integrating Technology in Performance Management" emphasizes the emergence of digital tools, compre...