Your employees are the backbone of your business. Satisfied, engaged, and high-performing employees can help your organization advance. On the other hand, an unhappy, unengaged, and underperforming workforce can hold you back and have an adverse effect on your competitive positioning. By understanding the current labor landscape and assessing its impact on your business, you can determine what steps you need to take to maximize the potential of your workforce.
We’ve all heard the saying, “attitude is everything.”
“There are only three measurements that tell you nearly everything you need to know about your organization’s performance: employee engagement, customer satisfaction, and cash flow. It goes without saying that no company, small or large, can win over the long run without energized employees who believe in the mission and understand how to achieve it.” - Jack Welch
Like most operational executives, Bob Duron has faced THE CHALLENGE – How do you address worker retention, find enough good people, manage rising labor costs, implement productivity improvements AND reduce costs?
Topics: Labor Management, Business, Energize Employees, employee retention, labor costs, reduce labor costs, Lean Manufacturing, labor shortage, warehouse efficiency, nGROUP, Labor Solutions, Labor Cost Solution
Years ago I worked with two 3PL’s that had cross-docking operations in the Southeastern US. On paper, the businesses were strikingly similar. Both supported big box retailers with highly manual processes. They had dramatic fluctuations in volume and frequent interruptions to production planning due to upstream supply chain issues. The companies paid market competitive, but relatively meager wages, and had a workforce primarily made up of minorities.
However, their cultures were as different as night and day. So, what made these two similar operations so different?
By David Cook
A term you’ll often hear in conjunction with minimum wage is “living wage”, which is the amount an individual must earn to cover a normal standard of living. Living wage is becoming the standard for how the minimum wage should be calculated.
There are two layers to nGROUP’s approach to success. Conducting and implementing numerous studies to discover what is needed for us to meet production goals is the science of what we do. The consistent ability to motivate workers is the art of what we do. Technology has allowed us to unite art and science into one labor management system.
We've been thought that workers will be more motivated if a financial carrot is dangled. The increase in productivity will fund the incentives and boost morale. But most of the time, this doesn’t work. The individual and corporate goals don't match up and companies cannot measure true individual performance.
Topics: Human Logistics, Labor Management, Business, Cost, Management Mistakes, Labor Cost Solution, Labor Solutions, Energize Employees, employee retention, labor costs, reduce labor costs, training, performance partners