Industrial & Organizational Psychology
Maven helps you to maximize employees performance
The practice of industrial-organizational psychology is, quite simply, the study of how people work, where people work, and how the workplaces function. Most people will spend about one-third of their lives working in an office, factory or other location, and so a large portion of the day, as well as their productive lives, is dedicated to these pursuits. By studying industrial-organizational psychology, companies can produce more pleasant workplaces for their employees, hire and retain more talented individuals, and minimize sick time and other problems within the corporate environment.
- Maximizing cooperation between employees and among various departments within a company.
- Increasing worker productivity through enhanced hiring and training methods.
- Maximizing employee job satisfaction to maintain a talented, productive staff.
- Assisting in organizational change.
- Assessing and addressing issues in corporate culture.
- Facilitating effective hiring processes to attract qualified personnel.
- Assessing workplace tolerance and conducting diversity training.
Importance of Industrial Organizational Psychology for Business
Training and development
Training and development determine what type of skills are necessary to perform specific jobs as well as develop and evaluate employee training programs.
Employee Selection involves developing employee selection assessments, such as screening tests to determine if job applicants are qualified for a particular position.
Ergonomics involves designing procedures and equipment designed to maximize performance and minimize injury
Performance Management develop assessments and techniques to determine if employees are doing their jobs well.
Work life focuses on improving employee satisfaction and maximizing the productivity of the workforce. I-O psychologists in this area might work to find ways to make jobs more rewarding or design programs that improve the quality of life in the workplace.
Organizational Development help improve organizations, often through increasing profits, redesigning products, and improving the organizational structure.
The benefits of I-O Psychology can be summed up as:
Improves morale of employees
Helps the employee to get job security and job satisfaction. The more satisfied the employee is and the greater is his morale, the more he will contribute to organizational success and the lesser will be employee absenteeism and turnover.
A well trained employee will be well acquainted with the job and will need less of supervision. Thus, there will be less wastage of time and efforts.
Errors are likely to occur if the employees lack knowledge and skills required for doing a particular job. The more trained an employee is, the less are the chances of committing accidents in job and the more proficient the employee becomes.
Chances of promotion
Employees acquire skills and efficiency during training. They become more eligible for promotion. They become an asset for the organization.Increased productivity- Training improves efficiency and productivity of employees. Well trained employees show both quantity and quality performance. There is less wastage of time, money and resources if employees are properly trained.
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