Tips for keeping employees, even in a tough economy
Manufacturers continue to weather the impacts of an aging workforce while the economy struggles to grow. Following a few guidelines can make a big difference in a company’s efforts to retain its employees. Here are a few do’s and don’ts to help.
As manufacturers continue to weather the impacts of an aging workforce, their task is complicated by an economy that can’t be described as flourishing. In spite of that, following a few guidelines can make a big difference in a company’s efforts to retain its employees. Industry Week recently posted this story , featuring a few do’s and don’ts for those who are looking for ways to keep their employees in place.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey