Underpinning business transformation and developing a competitive advantage
Few sectors of the economy embody the rapidly evolving workplace like manufacturing. With swift advances in technology as well as an immense financial and employment footprint, HR departments within manufacturing companies face the challenge of becoming more agile and proactive. Their challenge is evolving along with the industry, their organization, and the workforce in general in order to keep pace with rapid change.
Skill shortages are endemic and due to a variety of different factors, for example too few graduates with STEM qualifications, the challenge of recruiting and retaining employees with skills unique to specific manufacturing niches remains at the fore.
With almost half (47%*) of UK manufacturers worried about accessing skills, minimizing attrition in an industry prone to high turnover rates has become core to not only growth but also survival. Pay and reward remains at the heart of any meaningful talent management strategy and we work with our clients to differentiate their offering and equip them with the analytics to remove the guess work and enable proactive, informed decision making.
Through the strategic use of technology, we will help you:
- Drive productivity
- Provide insight to proactively manage your talent pool
- Forecast and address any potential areas of employee shortages
- Identify flight risks and / or potential savings
- Create buy-in with your key stakeholders
With the forecast of perpetual growth in the manufacturing industry, the role of HR is set to become even more crucial and complex. We work with our clients to ensure they are equipped to rise to this challenge and help their companies achieve newer heights.
* Recent report by the EEF and law firm Squire Patton Boggs