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The Value of Employee Incentive Programs for Manufacturing

Achievers

These days, a good manufacturing industry employee is like struck gold. Even though the manufacturing sector pays an average hourly wage of $29.34 , good workers are hard to find. Eighty percent of manufacturers say they’ve had trouble finding qualified workers. What’s a manufacturer to do? Heightened engagement.

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16 HR Trends in the Manufacturing Industry in 2023

Darwinbox

Around 64% of manufacturing companies are still in the early stages of digital transformation, and an important part of this is digitizing the HR function. In the next few quarters, the manufacturing industry will see multiple changes in the way it operates, ranging from the creation of new roles to more efficient hiring practices.

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Performance Management for Manufacturing | Best Practices

Darwinbox

Performance management in manufacturing is about evaluating a worker’s performance over a fixed period of time as per pre-decided parameters to offer constructive feedback, rewards & recognition, and career development pathways. We have also included templates you can use for talent management at your manufacturing firm.

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Talent Management in Manufacturing: Importance, Trends, Best Practices

Darwinbox

Talent management in manufacturing is the process of hiring, retaining, developing, and optimizing productivity of people in manufacturing companies. This article explains the components and importance of talent management in manufacturing, and the top trends for HR in manufacturing.

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Global Hiring Guide: Top Emerging Fintech Hubs

In fact, according to a report from Korn Ferry, by 2030, more than 85 million jobs could go unfilled across three major industries: telecommunications, manufacturing, and technology. However, experts are warning that local candidates to fill those roles may become scarce in certain areas. This shortage could cost 8.5

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How to Overcome the Skilled Labor Shortage in the Manufacturing Industry

Darwinbox

The manufacturing industry is facing a skilled labor shortage, and this has become a major challenge for companies in the industry. In this article, we will explore the causes of the skilled labor shortage in the manufacturing industry, look at the impact of this shortage, and explore effective strategies for addressing this issue.

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7 Ways Next-Gen HR Technology Enables Smart Manufacturing

Darwinbox

Smart manufacturing is about using technologies like IoT, AI/ML, virtual reality, and automation in manufacturing processes to connect the different systems, improve processes, reduce human effort, and create new business models.