International Journal of Research Studies in Management
CollabWritive Special Issue
2024 Volume 12 Issue 15
Available Online: 25 October 2024
Author/s:
Zou, Hongzhi
Graduate School, Lyceum of the Philippines University – Batangas, Philippines (40666941@qq.com)
Abstract:
In the rapidly evolving landscape of the Internet of Things (IoT) industries, the ability to attract, develop, and retain top talent has become increasingly critical for sustaining competitive advantage. As technological advancements drive the proliferation of connected devices and intelligent systems, organizations within the IoT sector face unique challenges in managing their human resources. Moreover, effective learning and development strategies are essential for talent retention, as they foster an environment of continuous growth and engagement, reducing turnover rates and securing the long-term success of the organization. This paper explores the relationship between employee learning and development, work outcomes, and talent retention in the context of the IoT industry, offering insights into how these elements interplay to shape organizational performance and sustainability. The study used descriptive type of research employing 400 employees from five enterprises in Beijing, China in the IoT industry as a rapidly growing and changing industry. The findings showed that while IoT companies have a positive foundation for employee learning and development, there is a need to enhance these programs to improve key workforce outcomes like adaptability, digital literacy, and data-driven decision-making. Strengthening employer branding, career development opportunities, and work environments are crucial for talent retention. The significant relationships between learning, work outcomes, and retention indicate that a holistic approach to employee development can lead to a more capable, satisfied, and committed workforce. Additionally, the implementation of a tailored workforce satisfaction framework provides a strategic tool for improving employee engagement and retention in the IoT sector.
Keywords: employee learning and development, work outcomes, talent retention, internet of thing industries, workforce satisfaction framework
DOI: https://doi.org/10.5861/ijrsm.2024.1303
Cite this article:
Zou, H. (2024). Employee learning and development, workforce outcome, and talent retention among internet of thing industries: Basis for workforce satisfaction framework. International Journal of Research Studies in Management, 12(15), 79-86. https://doi.org/10.5861/ijrsm.2024.1303