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    Productivity Loss Due To Social Networking Sites

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    Dilbahadur Yadav
    The document discusses productivity loss due to employee use of social networking sites at work. It reports on surveys finding that corporate employees on average spend one hour per day on social networking sites, resulting in 12.5% loss of daily productivity for companies. Other factors discussed include high attrition rates in the IT sector of up to 50%, with social networking sites being a main reason employees search for new jobs. Ways for companies to improve employee retention are also presented.

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    Productivity Loss Due To Social Networking Sites

    Uploaded by

    Dilbahadur Yadav
    442 views16 pages
    The document discusses productivity loss due to employee use of social networking sites at work. It reports on surveys finding that corporate employees on average spend one hour per day on social networking sites, resulting in 12.5% loss of daily productivity for companies. Other factors discussed include high attrition rates in the IT sector of up to 50%, with social networking sites being a main reason employees search for new jobs. Ways for companies to improve employee retention are also presented.

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    Productivity Loss Due to Social Networking Sites

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    The document discusses productivity loss due to employee use of social networking sites at work. It reports on surveys finding that corporate employees on average spend one hour per day on social networking sites, resulting in 12.5% loss of daily productivity for companies. Other factors discussed include high attrition rates in the IT sector of up to 50%, with social networking sites being a main reason employees search for new jobs. Ways for companies to improve employee retention are also presented.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    442 views16 pages

    Productivity Loss Due To Social Networking Sites

    Uploaded by

    Dilbahadur Yadav
    The document discusses productivity loss due to employee use of social networking sites at work. It reports on surveys finding that corporate employees on average spend one hour per day on social networking sites, resulting in 12.5% loss of daily productivity for companies. Other factors discussed include high attrition rates in the IT sector of up to 50%, with social networking sites being a main reason employees search for new jobs. Ways for companies to improve employee retention are also presented.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 16

    PRODUCTIVITY LOSS DUE TO

    SOCIAL NETWORKING SITES


    PRESENTED BY:
    DHAWAL TANK
    D S PRASANTI
    DIL BAHADUR YADAV
    DINKAR BHARDWAJ
    JAYAKRISHNAN
    FINANCIAL IMPACT OF HUMAN
    RESOURCE MANAGEMENT ACTIVITY:
    other things being constant, it is being assume that
    employees who are dissatisfied with their job and who are
    not engaged at work or committed strongly to their
    employers will tend to be absent or late at work, to quit
    more often, and to place less emphasis on customer
    satisfaction than those whose attitude are positive.
    FACTORS AFFECTING PRODUCTIVITY OF
    ORGANIZATION
    Absenteeism
    Strikes & Work Stoppages
    Accidents
    Social Networking
    Employee Underperformance: Determining
    Factors
     Their natural ability to learn and perform the work
    activity (i.e. aptitude).
    The employee’s skill level.
    The employee’s comprehension of the task. To
    satisfactorily complete a task, the employee must be aware
    of what is expected.
    Motivation
    THE COSTS OF EMPLOYEE
    UNDERPERFORMANCE
    The proficient use of computer technologies in the workplace
    has not only benefited productivity, but has also created its own
    set of problems.
    A survey conducted by Digital Life (Hung, 2007). One
    hundred participants from SurveyMonkey.com were asked
    about their so called “office abuses”. The results included:
    1. 78 of those surveyed conducted personal phone calls at work;
    2. 77 surfed onto websites and forums not related to work;
    3. 76 sent personal messages;
    4. 72 sent emails;
    5. 33 browsed YouTube; and,
    6. 28 updated their blog (Hung, 2007).
    PRODUCTIVITY LOSS DUE TO
    SOCILA NETWORKING
    A random survey conducted by the ASSOCHAM Social
    Development Foundation (ASDF) in which nearly 4000
    corporate employees were interviewed between age
    group ranging from  21-60 years
    ASSOCHAM’S FINDING
    Each day an average corporate employee spends an hrs daily on
    social networking sites.
    Due to this companies lose close to 12.5% of total productivity
    each day.
    82% workers have facebook account.
    77% of workers who have orkut account use it during work hrs.
    50% accessed their facebook account.
    83% of respondents felt there was nothing wrong in surfing
    during office hrs.
    84% preferred to use break times to surf the internet.
    15% said they share intra information on S N S.
     it also reveals that 93% of youngesters are aware of S N S.
    INCREASING ATTRITION
    Companies of IT/ITES sector facing up to 50% employee
    attrition.
    Hence employees are banned from accessing all job sites.
    The Main reason behind this to prevent employees not
    allow to spend noble time applying for job elsewhere.
    TOP TEN WAYS TO RETAIN GREAT EMPLOYEES
    Managers readily agree that retaining your best employees ensures
    customer satisfaction, product sales, satisfied coworkers and
    reporting staff, effective succession planning and deeply imbedded
    organizational knowledge and learning.
    1. By Selecting the right people in the first place through behavior-
    based testing and competency screening.
    2. By Offering an attractive, competitive, benefits package with
    components such as life insurance, disability insurance and
    flexible hours.
    3. By Providing opportunities for people to share their knowledge
    via training sessions, presentations, mentoring others and team
    assignments.
    4. By giving respect for employees at all times. Listen to them
    deeply; use their ideas; never ridicule or shame them.
    TOP TEN WAYS TO RETAIN GREAT EMPLOYEES
    cont.
    5. By Offering performance feedback and praise good efforts
    and results.
    6. By Involve employees in decisions that affect their jobs and
    the overall direction of the company whenever possible.
    7. By Recognize excellent performance, and especially, link pay
    to performance.
    8. By Provide opportunities within the company for cross-
    training and career progression. People like to know that
    they have room for career movement.
    9. By Communicate goals, roles and responsibilities so people
    know what is expected and feel like part of the in-crowd.
    10. By encourage employees to have good, even best, friends, at
    work.
    Why Employee retention matters
    Organizational issues such as training time and
    investment;
     lost knowledge;
     mourning, insecure coworkers
    and a costly candidate search aside,
     failing to retain a key employee is costly.
     losing a middle manager costs an organization up to
    100 percent of his salary.
    The loss of a senior executive is even more costly.
    estimates of double the annual salary and more.
    FOLLOWING THREE TOP REASONS FOR
    SEARCHING A NEW JOB:

    53 percent seek better compensation and benefits.


    35 percent cited dissatisfaction with potential career
    development.
    32 percent said they were ready for a new experience.
    THE FOLLOWING THREE PROGRAMS EMPLOYERS
    ARE USING TO RETAIN EMPLOYEES:
    62 percent provide tuition reimbursement.
    60 percent offer competitive vacation and holiday
    benefits.
    59 percent offer competitive salaries.
    INTERNET ADDICTION
    ATTRITION IN IT
    COMPANIES

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