manufacturingtimes.co.uk - Manufacturing Times blog

Description: Hints, tips, advice and comment for manufacturers who want to improve…

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Many of our UK clients are finding it hard to recruit, reward and retain good people. Inflation is surging, household budgets are stretched, and the labour market is tight. Unusually, there are too many jobs chasing too few people. Flexible working, home working, hybrid working, four-day weeks, joining bonuses, and other innovations are just some of the “headline” ways that employers are trying to cope. As consultants, we’re seeing the effects at first hand. More and more clients want us to provide resource

Growing businesses often find that their payment and bonus systems become opaque, demotivating and no longer fit for purpose. In urgent cases, we can often recommend simple, transparent systems to relieve some of the pressure points. This buys time to follow up with a more nuanced and effective approach, yet still keeping it simple and transparent. Most importantly, the new systems need to be seen as fair, and reward the right actions and behaviours. Simple grade structures, payment for skills schemes, grou

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