The Repercussions of Technological Advancements on the Performance of MSME Workers in Hosur

Abstract

The capacity of workers in Micro, Small, and Medium-Sized Enterprises (MSMEs) to adjust to technological advances is the main emphasis of this study. MSMEs are essential to economic growth and job creation, but workers frequently deal with issues including inadequate training, low pay, and a lack of organisational support. The study's objectives are to examine job satisfaction, skill levels, working circumstances, technical awareness, and the challenges employees encounter while adjusting to new technology. Using a structured questionnaire, 50 MSME employees provided primary data for the study, which was bolstered by secondary sources. The results show that even while the majority of workers are aware of technological advancements, there is a lack of training and skill development, which makes adaption rather challenging. The exploration comes to the conclusion that boosting employee performance and guaranteeing the long-term expansion of MSMEs require stronger training programs, skill development, and support systems.