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Fourth Industrial Revolution: A Way Forward to Technological Revolution, Disruptive Innovation, and Their Effects on Employees
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Author(s): Shafqat Ali Niaz (Bahria University, Lahore, Pakistan), Waseem UI Hameed (School of Business, Management and Administrative Sciences (SBM&AS), Department of Islamic and Conventional Banking (ICB), The Islamia University of Bahawalpur (IUB), Pakistan), Muneeba Saleem (School of Business, Management, and Administrative Sciences, The Islamia University of Bahawalpur, Pakistan), Sitara Bibi (School of Business, Management, and Administrative Sciences, The Islamia University of Bahawalpur, Pakistan), Bushra Anwer (Department of Management Sciences, University of Central Punjab, Bahawalpur, Pakistan)and Shazma Razzaq (Awang Had Salleh Graduate School of Art and Sciences, Universiti Utara Malaysia (UUM), Malaysia)
Copyright: 2021
Pages: 16
Source title:
Future of Work, Work-Family Satisfaction, and Employee Well-Being in the Fourth Industrial Revolution
Source Author(s)/Editor(s): Ethel Ndidiamaka Abe (University of KwaZulu-Natal, South Africa)
DOI: 10.4018/978-1-7998-3347-5.ch020
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Abstract
The Fourth Industrial Revolution is being implemented as technological revolution in every field of life. FIR has not only impacted the employees' behavior, well-being, and future of work but also brought a disruptive innovation everywhere. This chapter is beneficial for the reason that Fourth Industrial Revolution has affected the behavior of employees tremendously. With many opportunities from the fourth industrial revolution, rapid change, and excessive use of technology has stressed the employees. Digital transformation or era of digitalization has changed the future of work by automating the work performed by the human resource manually in the past. Automation of work is decreasing the labor requirement. Pressure of being unemployed and new skills learning after new technological change made employees' toxic. Fear of being unemployed and stress of earning new technologies has decreased the well-being of employees. This Fourth Industrial Revolution also has positive impact on the work and family life satisfaction by providing them the opportunities of remote and gig working.
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