Team-performance survey keys in on critical issues
A new survey from Target magazine (published by the Association for Manufacturing Excellence) and Sibson & Co.
A new survey from Target magazine (published by the Association for Manufacturing Excellence) and Sibson & Co. discusses what a high-performance team is, and pinpoints some of the ways to encourage and sustain top team performance in the manufacturing environment.
Here are some of the results from the survey:
- Teams positively impact company performance, according to 95% of the responding companies
- Strong teams are those which share healthy portions of commitment, effective communications, and a strong understanding of metrics and company and team goals
- Visible, frequent, and timely sharing of performance results is critical in improving team performance
- Rewards play a critical role in motivating and driving team performance
- Although there is no universally accepted formula for success, team and group incentives and skill/competency-based pay, combined with enthusiastic recognition programs, nurture team success
- Team performance climbs as the teams eventually become more self-managing.
More information on the survey and its results can be obtained from the Association for Manufacturing Excellence, phone 847-520-3282, fax 847-520-0163.
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Annual Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.