Nearly three quarters (72 per cent) of ANZ workers say outdated technology is harming their productivity, according to a survey by The Workforce Institute at Kronos.
The report, called The $56 Billion Question, states: "The onus on business leaders is to make the right technology choices that make employees and managers' working lives easier - saving money and time that can be reinvested in better systems and continual innovation."
The dollar figure of the report's title relates to the amount Kronos calculated ANZ organisations are spending on unnecessary admin tasks. Staff, the report says, are overburdened with non-essential tasks, impacting productivity and creating losses of $3,900 per year, per employee, per organisation
Outdated tech was the top answer given by respondents when asked about the main difficulty they faced on a daily basis, trumping 'unplanned absence', 'management pressure' and 'internal politics'.
Six in ten respondents (62 per cent), made up of 500 operations managers, HR staff and employees at ANZ companies that employ more than 600 staff, said better, up-to-date workforce management technology would improve employee engagement.
"The impact of poor technology on engagement and productivity levels was prevalent throughout the report," said Peter Harte, managing director, Kronos ANZ and South East Asia. "Technology is essential, but can add complexity and even be a hindrance if it is out-dated, badly implemented and not fit for purpose. Organisations must focus on implementing the right technology to make working life easier."
The report also found that 70 per cent of employees do not rate their own productivity as strong. More than half (55 per cent) thought their CEO was more focused on finance than employees.
Source: CIO Australia
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