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Performance Management in Manufacturing: Hiring and Retaining Top Talent

WorkDove

Summary The manufacturing industry is facing a talent crisis, with over 70% of industry leaders finding it a top challenge in managing the production workforce. Deloitte found in a 2023 survey that more than 70% of industry leaders said finding and keeping the right talent was a top challenge in managing the production workforce.

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HR in 2024: Shaping Tomorrow’s Workforce Through Bold Leadership

HR Digest

“As Baby Boomers and Gen Xers get closer to the ends of their careers, we’ll see a bigger emphasis from employees and employers on financial wellness and retirement preparedness. In 2024, financial wellness will be front and center as employers take a more active role in ensuring their employees are financially prepared to retire.

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Want a Career in Human Resources? Your In-Depth (2023) Guide

Analytics in HR

HR must ensure they receive the correct pay and benefits, such as health insurance, retirement plans, wellness programs, and leave credits. Performance management : HR informs employees about their roles, gives constructive feedback , and provides support to help them achieve their goals.

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15 HR Metrics Examples: Measuring the Pulse of Your Human Resources

HR Digest

HR metrics provide a roadmap to navigate the intricate web of human capital, giving you the power to measure, analyze, and elevate your HR functions like never before. By embracing these metrics, you can uncover hidden patterns, identify areas for improvement, and make data-driven decisions that will catapult your organization to new heights.

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Why employee retention is important in the construction industry

Homebase

By focusing on improving retention as a business metric, you end up creating a workplace where employees want to stick around. Skilled construction workers are reaching retirement age, creating a gap in the talent pool. This is why employee retention is important to the overall success of your business.

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7 Intriguing Employee Engagement Trends for 2019

15Five

With more Boomers retiring each year, millennials are on track to make up 75 percent of the workforce by 2030 and continue to heavily influence employee engagement trends. 20 Best Tools for Pulse Surveys and Feedback). Data can be a valuable metric, but the feedback/engagement connection is also intuitive.

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Employee Experience: A Complete Guide for HR

Analytics in HR

Companies that create a great employee experience throughout recruitment, new employee onboarding , career path development , and performance management are able to reduce complexity and stimulate collaboration. Celebrate milestones, new roles, promotions, and even retirements with private acknowledgments or public recognition events.