Leveraging Technology for Employee Retention: A Strategic Approach to Workforce Stability
Shweta Rani and
Sanjiv Chaturvedi
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Shweta Rani: Department of Commerce and Business Management, Ranchi University, Ranchi, India.
Sanjiv Chaturvedi: Department of Commerce, Marwari College, Ranchi, India.
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Abstract:
In today's rapidly evolving work environment, retaining skilled employees has become a significant strategic concern for organizations. As businesses face growing competition and workforce expectations shift, technology is emerging as a critical tool for enhancing employee retention. This study explores how modern digital solutions—ranging from automation and communication tools to performance tracking systems and learning platforms—can strengthen employee engagement and minimize turnover. It also highlights the importance of aligning technology with organizational culture, employee needs, and ethical considerations. The paper emphasizes that the integration of technology must go beyond operational efficiency and contribute to a more engaging, fulfilling, and transparent employee experience. By simplifying repetitive tasks, supporting continuous learning, and enabling flexible work arrangements, technological tools can promote job satisfaction, reduce burnout, and strengthen employees' connection to their organizations. Technologies such as AI-driven analytics, real-time feedback systems, personalized learning platforms, and wellness applications are examined for their role in predicting and addressing attrition risks. Moreover, the study addresses the challenges organizations face in adopting these technologies, including resistance to change, digital fatigue, privacy concerns, and the skills gap. By evaluating real-world examples from organizations successfully leveraging HR technology, the study proposes a strategic framework for integrating digital solutions into employee retention practices. Ultimately, the findings suggest that when used thoughtfully, technology can play a transformative role in fostering a resilient, committed, and high-performing workforce, thereby supporting sustainable organizational growth.
Date: 2025-08-11
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Published in Asian Journal of Economics, Business and Accounting, 2025, 25 (8), pp.224-235
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05207532
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