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How to Reduce Employee Turnover in Manufacturing

CMOE

Manufacturing is a tough industry. Manufacturing is one of the top four industries hit hard by turnover. Bureau of Labor Statistics, manufacturing had a 44.3 When comparing the separation rates from 2016 to 2020, manufacturing turnover rates consistently increased year after year, rising from 27.2 According to the U.S.

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The Power of Follow-Up: A Blueprint for Successful B2B Product Development

Big Rocks Engineering

The Power of Follow-Up: A Blueprint for Successful B2B Product Development In the ever-evolving landscape of B2B manufacturing, the art of bringing new products to life is both an exhilarating and challenging journey. At the heart of this process lies the criticality of follow-up and the strategic breakdown of tasks into short milestones.

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Why Strategy Is Important to Your Business Success

CMOE

For example, Hitachi, a leading multinational manufacturer of automotive systems, construction machinery, and defense systems, divides its long-term vision into a three-year mid-term plan. The plan is further divided into annual goals. As you build and refine your business strategy, take advantage of CMOE’s strategic training workshops.

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Gamification for Employee Engagement: Meaning, Benefits, Ideas, Examples, Tools & Trends

Vantage Circle

Imagine hitting milestones, earning rewards, and feeling a surge of accomplishment with every task you complete. Points, Badges, and Leaderboards: The Holy Trinity Points: Assign points for completing tasks, hitting milestones, or demonstrating positive behaviors. That’s the magic of gamification!

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Gamification for Employee Engagement: Meaning, Benefits, Ideas, Examples, Tools & Trends

Vantage Circle

Imagine hitting milestones, earning rewards, and feeling a surge of accomplishment with every task you complete. Points, Badges, and Leaderboards: The Holy Trinity Points: Assign points for completing tasks, hitting milestones, or demonstrating positive behaviors. That’s the magic of gamification!

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20 Practical Employee Recognition Ideas That Actually Work In 2024

Vantage Circle

Treat departments to special catered lunches or dinner outings to celebrate milestones achieved together. Treat departments to special catered lunches or dinner outings to celebrate milestones achieved together. Cost: Costs for design and manufacturing. Fun bonding experiences remind teams that progress is made collectively.

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15 Best Employee Experience Platforms in 2024: Pricing, Features, Reviews & More

Vantage Circle

It fosters a positive work environment by enabling peer-to-peer recognition, meaningful rewards, and automated milestones. It is flexible and can be tailored to suit various industry needs, from technology and services to pharma, manufacturing, and retail.