Many workers think their employers aren't investing in technology properly

Date:
Fri, 24 Feb 2023 10:16:12 +0000

Description:
Ricoh Europe finds businesses are still investing in tools, just not the
right ones, and workers are beginning to get frustrated.

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In an era where business cost optimization is on the tip of every leaders tongue, a new Ricoh Europe study has uncovered workers dissatisfaction in terms of the technology theyre getting, and their companies dont even seem to realize it.

The study analyzed 1,000 workers and 250 decision-makers in the UK and
Ireland and found that 74% of decision-makers claim to be designing employee workplace processes and systems with their experience in mind.

However, only 54% of said employees agree with this statement. Businesses
need to invest in the right technology

Even amid economic pressure, it seems that companies are continuing to invest in new and upgraded tools. Despite this, around a third (34%) of workers reckon that the new technology wont impact their work. Providing all workers with the same software, for example, wont reap equal rewards, while a small handful of employees may require highly specialized tools that others
wouldnt.

This research, along with multiple other similar reports, suggests that working conditions and employee experiences play a considerable role in
worker retention. It also indicates that investing in the right tools could prove much cheaper than new talent acquisition, which is estimated to cost around $11,000 per worker in the EU. Read more

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Businesses are wasting millions on unused software licenses

Businesses are losing billions in productivity costs by not giving workers

the right tools

Ricoh Europe CEO Nicola Downing said: Decision makers cant afford to delay. Without an optimal working environment, employees may start to look for pastures new.

Some of the key software types that businesses were found to be lacking included project management software, automation software, and hybrid working technology.

With financial and social benefits aplenty, Ricoh urges businesses to take a look at their current employee offerings before they lose out to their competition. Need to cut costs? Check out the best free office software



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Link to news story: https://www.techradar.com/news/many-workers-think-their-employers-arent-invest ing-in-technology-properly


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