Manufacturers everywhere have a common charter to boost profits and increase market share. Some tried-and-true strategies to keep up with the competition include process automation, data-driven marketing, and smart inventory management.
And then there’s employee engagement. It’s more than a feel-good buzzword – the benefits are quantifiable. How do you engage manufacturing employees?
Your workforce needs to have ownership over their work and feel empowered by a sense of purpose. Engagement can improve safety, reduce employee absences and turnover, and spur company-wide increases in productivity – as much as 21 percent, according to Gallup. These benefits, in turn, help to boost customer satisfaction and promote company profitability.
In an increasingly competitive manufacturing marketplace, employee engagement can make all the difference.
Not sure where to start? There are no hard-and-fast rules for boosting employee engagement, but you can consider the following three broad strategies as a foundation.
When you give employees a voice, and your ear, it can go a long way toward inspiring your workforce to engage in growing your business.
If you have any questions or would like ideas that could help improve your engagement, contact Redpath CPAs today!
Redpath and Company is a 100% employee-owned (ESOP) certified public accounting firm headquartered in downtown St. Paul, Minnesota. We are committed to delivering proactive, innovative, and value-driven solutions to our clients—and we understand that when it comes to making important financial and business decisions, the right team of professionals can make all the difference.More posts by Redpath and Company