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4 Mistakes to Avoid When Solving High Workforce Turnover

Jan 15, 2017

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Recruiting & HR

Effex
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Page 1: 4 Mistakes to Avoid When Solving High Workforce Turnover
Page 2: 4 Mistakes to Avoid When Solving High Workforce Turnover

Effex Management Solutions specializes in staffing and managing large volume contingent workforces that transform production efficiency and increases your bottom line.

LOUIS FLORYPresident & CEO, Effex Management Solutions

Meet Our PRESENTER:

Page 3: 4 Mistakes to Avoid When Solving High Workforce Turnover

BIGGESTworkforce management

What’s your

PROBLEM?

Page 4: 4 Mistakes to Avoid When Solving High Workforce Turnover

TURNOVERIf you answered

you’re not alone

Page 5: 4 Mistakes to Avoid When Solving High Workforce Turnover

In the light industrial sector,60% of turnover occurs within the first two weeks of employment.“

Page 6: 4 Mistakes to Avoid When Solving High Workforce Turnover

But that’s not the worst part…

Page 7: 4 Mistakes to Avoid When Solving High Workforce Turnover

BillionDue to employee turnover

$11IS LOST EVERY YEAR

- Bloomberg BNA

Page 8: 4 Mistakes to Avoid When Solving High Workforce Turnover

Which means you need to make an immediate impact

or, it’s going to cost you

BIG time

Page 9: 4 Mistakes to Avoid When Solving High Workforce Turnover

But before you can solve high turnover, let’s uncover the

contributing factors and the mistakes you want to avoid.

Page 10: 4 Mistakes to Avoid When Solving High Workforce Turnover

4 Mistakes To Avoid When Solving High Workforce Turnover

Page 11: 4 Mistakes to Avoid When Solving High Workforce Turnover

HIRINGINADEQUATE

1

Page 12: 4 Mistakes to Avoid When Solving High Workforce Turnover

Stop hiring anyone willing to work. You want to close the employment gap and avoid

forced overtime but you have to stop hiring unqualified workers.

Page 13: 4 Mistakes to Avoid When Solving High Workforce Turnover

TRAININGNEGLECTED

2

Page 14: 4 Mistakes to Avoid When Solving High Workforce Turnover

Stop putting new employees on the production line without proper

training. Without proper training, quality, safety, and efficiency

problems grow.

Page 15: 4 Mistakes to Avoid When Solving High Workforce Turnover

TRAININGOF EMPLOYEESPOOR TREATMENT

3

Page 16: 4 Mistakes to Avoid When Solving High Workforce Turnover

Management frustration trickles down to employees and lowers

workforce morale.

Page 17: 4 Mistakes to Avoid When Solving High Workforce Turnover

INCENTIVE PROGRAMSCOSTLY

4

Page 18: 4 Mistakes to Avoid When Solving High Workforce Turnover

To improve morale levels, incentive programs are

introduced

Page 19: 4 Mistakes to Avoid When Solving High Workforce Turnover

But when they are unsuccessful…

Page 20: 4 Mistakes to Avoid When Solving High Workforce Turnover

More Employees Leave!

Page 21: 4 Mistakes to Avoid When Solving High Workforce Turnover

MISTAKES RESULTS

Inadequate Hiring

Neglected Training

Management Frustration

Costly Incentive Programs

Unqualified Employees

Quality, Safety & Efficiency Problems

Decreased Morale

Little, if any effect