Technology is a tool that has propelled the growth and emergence of industries around the globe. One of these industries is the human resource sector, which has seen a significant shift in hiring, employee retention, and more. Here are five ways technology has improved employee retention.
1. Innovative Technology Boosts Wellness and Productivity
Stress is something that affects any place of work and technology is the key to this problem. Your employees could be needing reminders to meet deadlines, sending of automatic updates, rescheduling meetings easily, and online training, which are all offered through technology. Fortunately, the correct technology can easily offer your staff the tools they require to experience less stress and feel more confident. If stress is not dealt with, it can affect your health and productivity. Hence, as you develop your employee retention strategy, use technology to improve the wellness and productivity of your employees.
2. Simple Communication Networks
Thanks to technology, it is now easy for your employees to stay in touch, share network, access company information, and more. This type of freedom usually assists employee retention since your employees will feel trusted with regards to the approach of their workload. Developing a robust communications network lets your firm easily create teams and promotes teamwork across all departments. This is an essential ingredient for increasing productivity and job satisfaction among staff members. Fortunately, there are plenty of innovative tools you can use if you have not established these simple communication networks. For instance, Microsoft Teams and Slack are assisting in redefining how teams manage projects, and staff members communicate. Moreover, Google Docs and Dropbox make the transfer of files more instantaneous and secure.
3. Use of eLearning Initiatives to Promote Career Development
No employee is looking for a job that will end nowhere. A great employee retention strategy aids your staff members to achieve their career goals. Failure to offer your staff members career development will result in them leaving and you wasting critical company resources. Hence, assist your staff members by creating eLearning initiatives, developing innovative digital courses, and creating digital libraries that can be accessed easily. Your staff will acquire the skills they need and grow their careers in your organization, which boosts their retention. Additionally, eLearning helps to retain teachers because they can teach virtually from anywhere in the world at their convenience. Since Teachers no longer need to be in classrooms to teach this can help administrators figure out how to retain teachers. Implementing eLearning shows that you care about your employees’ ambitions and you want to see them fulfill their potential. But for it to work, your employees must have well laid out career paths. Otherwise, if career development starts to stagnate at your organization, your employee retention strategy could fail.
4. Remote Working and Flexible Hours
Many employees like working away from the office and adjusting their working time when there is a need. Fortunately, technology now lets the company staff work flexibly from anywhere. Employees no longer need to work between 9 am and 5 pm in a number of organizations. But this does not mean that employees are to be ignored after they leave the workplace. It is paramount that collaboration and communication keep being a major part of everyday life in your organization. You don’t want your employees to feel as if they are outsiders or that you don’t value their feedback. Moreover, technology has enabled the rise in remote worker talent pool that companies are leveraging.
5. Create Job Expectations for Candidates
No new employee wants to get into a company culture they failed to anticipate. Also, companies do not want new recruits to leave prior to fulfilling their potential. However, social media outreach and career portal technologies have enabled applicants to find out about your company culture and their career development options. This can be perfect for candidates if you correctly direct them to data that is relevant to their goals and shows a proper picture of their perfect job.
Whether it is wellness and productivity, communication networks, eLearning initiatives, remote working, or job expectations for candidates, technology has been instrumental in improving employee retention. Leveraging these technology tools will not only ensure the retention of your staff, but it will also boost productivity and profits.