Workforce Stability: Addressing Turnover and Engagement PPT
This PPT slide, part of the 21-slide Manufacturing: Reshoring PowerPoint presentation, focuses on the critical importance of workforce stability in manufacturing operations. It opens with an overview that highlights the challenges posed by high employee turnover, which disrupts production schedules and affects output consistency. The text emphasizes that without a stable workforce, a factory cannot maintain the quality and reliability necessary for effective manufacturing.
Two primary components of the workforce issue are outlined: the "Expectations Gap" and "Job Abandonment." The Expectations Gap refers to the disconnect between workers' perceptions of manufacturing roles and the actual demands of these jobs, which have evolved due to advancements in technology and processes. This gap can lead to increased attrition and instability within the workforce.
Job Abandonment is identified as another significant factor contributing to workforce instability. It suggests that while extrinsic motivators like wages are important, they are not the sole drivers of employee retention. Instead, intrinsic factors such as personal growth and development opportunities play a crucial role in fostering loyalty and tenure among employees.
A case example from Appliance Park illustrates the practical implications of these concepts. The facility aimed to hire 2,500 workers, but faced a high turnover rate of 23% within the first year. To address this, they revised their selection process to prioritize candidates with relevant training and certifications. They also established a certification path for employees, allowing them to advance within the organization. This approach not only aligned with manufacturing needs, but also encouraged personal development, thereby enhancing workforce stability.
The insights presented in this slide underscore the necessity for manufacturing firms to invest in workforce stabilization strategies to ensure operational success.
This slide is part of the Manufacturing: Reshoring PowerPoint presentation.
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