15.09.2014 Views

Nickel in demand

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

• Engaged employees are 87% less<br />

likely to leave their organizations than<br />

disengaged employees are.<br />

• Employees with lower engagement<br />

levels are four times more likely to<br />

leave their jobs than those who are<br />

highly engaged.<br />

Dickmeyer suggested that companies<br />

perform a value stream map of the time,<br />

effort, and costs to replace a s<strong>in</strong>gle<br />

plant floor worker. “The whole process<br />

of someone decid<strong>in</strong>g they don’t want<br />

to work for the company any longer,<br />

their departure, <strong>in</strong>terview<strong>in</strong>g and hir<strong>in</strong>g<br />

a replacement for the position, utilizes<br />

more company time and resources<br />

than most management team members<br />

ever considered. It is wasteful and as<br />

far away from a lean best-practice,”<br />

argued Dickmeyer.<br />

engagement can be easily verified<br />

by relat<strong>in</strong>g to the f<strong>in</strong>ancial impact of<br />

employee retention and employee<br />

engagement. Some of the key f<strong>in</strong>d<strong>in</strong>gs<br />

cited <strong>in</strong>clude:<br />

• 70% of companies say that reta<strong>in</strong><strong>in</strong>g<br />

talent is their top HR challenge this year.<br />

• 44% of employees <strong>in</strong> North America<br />

say they may or will leave their current<br />

organization with<strong>in</strong> the next 12 months.<br />

• Los<strong>in</strong>g an employee can cost an<br />

organization up to 213% of the<br />

employee’s equivalent annual salary.<br />

“A high level of employee<br />

engagement will always<br />

keep your staff on board<br />

for longer”<br />

Employee Communication the<br />

Eng<strong>in</strong>e that Drives Employee<br />

Engagement and Retention<br />

People Driven Performance (PDP)<br />

Solutions is a software development<br />

company provid<strong>in</strong>g an <strong>in</strong>ternal, <strong>in</strong>novative,<br />

and <strong>in</strong>teractive communications system<br />

for manufactur<strong>in</strong>g plant floor employees.<br />

A patented comb<strong>in</strong>ation of software and<br />

touch-sensitive employee <strong>in</strong>formation<br />

kiosks br<strong>in</strong>g vital and important<br />

<strong>in</strong>formation to the plant floor <strong>in</strong> a nondesk<br />

employee environment. As discussed<br />

earlier employee engagement results <strong>in</strong><br />

quantifiable productivity improvement.<br />

The impacts of improved <strong>in</strong>ternal<br />

communications, via <strong>in</strong>teractive design,<br />

delivers an employee-centric engagement<br />

system driv<strong>in</strong>g improved employee<br />

retention, best-practice lean productivity,<br />

and <strong>in</strong>creased bottom-l<strong>in</strong>e profitability.<br />

Dickmeyer was adamant that the<br />

efficacy of employee communication has<br />

much to do with how the <strong>in</strong>formation<br />

18<br />

[ Aug 2014 ] BE Monthly

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!