Uptick in Manufacturing Focuses Attention on Human Capital

Manufacturing

Posted by Mark Gardner, Tammie Potvin and Ina Gantcheva on February 4, 2013

After years of functioning largely in survival mode, U.S. manufacturing appears to be “back,” enjoying an exciting uptick. Hiring is up; demand for U.S. products is up, along with renewed interest in North American-manufactured products; spending on equipment/machinery is up; energy costs are at historic lows; economists are optimistic—we see a lot of positive and refreshing indicators that manufacturers can rally around. Many of our clients are taking the opportunity presented by the upturn to rethink, and in many cases transform, their HR functions and processes.

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Take the Road Less Traveled

5 Steps to Building Career Paths that Can Benefit Your Business and Your People

Road Less Travelled

Posted by Ina Gantcheva and Amy A. Titus on January 28, 2014

Opportunities for career progression — or lack thereof — are both the No. 1 retention incentive and the No. 1 driver of turnover cited in Deloitte’s report Talent Edge 2020: Building the recovery together. When asked what would keep them with their current employer, 54% of employees surveyed cited opportunities for promotion/advancement over compensation, bonuses, benefits, or any other reason, while 28% cited “lack of career progress” as their top reason for looking for a new job. In the same survey, 48% of respondents rated their employer only “poor” or “fair” in creating career paths. Clearly employers have an opportunity here. Leading organizations are already using career paths to attract and develop multifaceted talent and build a competitive talent brand. Here are 5 steps to get started.

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