Tuesday, July 3, 2012

Skilled laborer Shortage Threatens Manufacturers' Productivity

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American manufacturers are turning away lucrative enterprise because they can't attract or sustain enough superior workers. Productivity diminishes when there are not enough skilled employees, and the situation convinces - or soldiery - many employers to lower their hiring standards while simultaneously canceling profitable contracts.

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The Jacksonville enterprise Journal, for example, recently reported that Atlantic marine retention enterprise in Florida has passed up millions of dollars worth of new enterprise due to a lack of productivity based on too few employees. As alarming as that might sound, the incident is not an isolated one. Businesses across the manufacturing sector are experiencing necessary shortages and rates of attrition that directly work on the lowest line. In fact, a modern search for by the Manufacturing Institute, the explore arm of the Washington D.C. Based National relationship of Manufacturers, revealed that 90% of manufacturers description a moderate to severe shortage of superior skilled output employees.

5 Proven Ways to Attract and Keep potential Employees

To overcome this challenge, manufacturers need to take a vigorous and proactive approach.

Here are 5 ways to attract potential employees and sustain those you have already trained:

o Use dynamic marketing techniques.

Posting a dry job description is no longer enough to attract good candidates. Don't view hiring opportunities as mere job postings but instead coming them like an advertising campaign. Use the expertise and creativity of your marketing team and employ direct response writing techniques to enhance your response rates.

o Offer job candidates a unique, captivating experience.

Differentiate yourself with recruiting orientation videos, testimonials from satisfied employees, opportunities for candidates to meet your Ceo, or by making the interview process fun and interactive. After an interview, citizen should desperately want to get the job because of the culture you present to them.

o Tap into the growing pool of talent in the Hispanic population.

Companies are struggling to find enough bilingual workers to meet the examine of an addition Hispanic buyer base. Growing your Hispanic employee demographic may take a puny work but will yield huge rewards. Begin by creating a bilingual recruiting staff, advertise appropriately, and found alliances with local Esl (English as a Second Language) programs at colleges and universities.

o Remember the platinum rule: "Treat others the way they would like to be treated."

Employee benefits don't have to end with insurance. Your total benefits package should include a wide collection of both primary and non-traditional vehicles for gift employees the kinds of benefits they will value and appreciate.

For example, free dry cleaning pickup or fitness center discounts can be negotiated by an employer and then passed along to grateful employees. Higher-end benefits might include on-site childcare or curative clinics. Anyone your strategy or budget, the goal of an employee benefits package should be improved morale, increased loyalty and attraction, and high marks for employee satisfaction.

o found a Wellness Program.

A Nasa study revealed that employees who partake in an rehearsal schedule mean a 12.5% increase in productivity. Wholesome employees are happier, take fewer days off for illness, and are more focused and productive. And national statistics show that employers save three dollars for every dollar they invest in a Wellness Program. In other words, if you do not have a Wellness Program, you are not only losing good employees and productivity, but you are ignoring an investment with a proven 200 percent return.

Recent explore conducted by the National relationship of Manufacturers revealed that more than 30 percent of manufacturing clubs in the United States have good jobs that remain unfilled due to a lack of superior applicants. This should come as no surprise, as the Bureau of Labor and Statistics has reported similar trends affecting virtually every industry in the nation.

When MetLife conducted its 2007 national survey, employers were asked what they most hoped to achieve when gift benefits to workers. A strong majority of respondents cited "retaining employees" as their top priority, ranking it higher than cost savings. After all, it may cost money to contribute captivating benefits, but the investment is only a fraction of what it costs to attract and train new workers.

The choice is yours - you can spend time and money to strategically ensure your success, or you can succeed the status quo as your earnings, profitability, and future enterprise dwindles - along with your superior workforce and manufacturing productivity. As the labor shortage continues, buck the trend and attract top talent by initiating programs that not only counteract attrition, but also get your satisfied employees talking and recommending your enterprise to their friends and colleagues.

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