Student Name
Capella University
HRM-FPX5122 Developing an Effective Workplace
Prof. Name:
Date
Power Manufacturing Company (PMC) specializes in the production of lawnmowers, trimmers, and both corded and cordless power equipment. The company operates four manufacturing facilities and maintains two distribution centers. Typically, the turnover rate within the company ranges from 3-4%. However, over the past five years, two of the facilities have experienced increased turnover rates of 15% and 18%. In response, PMC conducted a job satisfaction and employee attitude survey.
The survey focused on several key areas, including training and development, pay satisfaction, and managerial accessibility.
Several factors contributed to pay dissatisfaction among employees, including a lack of benefits and rewards (Vance, 2006), concerns over job security, comparisons among peers, limited opportunities for promotions, and insufficient growth and development opportunities (Folkman, 2017).
Issues related to managerial accessibility and training and development were also identified. Employees expressed dissatisfaction with the lack of recognition and feedback, inefficient onboarding and orientation processes, and a perception that managers tend to neglect new hires (Munde, 2010). Additionally, training development was hampered by a lack of promotion and development opportunities, inadequate on-the-job training, and insufficient training for new hires (Vance, 2006).
To address pay satisfaction issues, it is recommended that PMC offer retirement benefits (Vance, 2006), implement a performance appraisal and rewards system, consider competency-based pay (Vance, 2006), and provide more opportunities for promotions.
Improving managerial accessibility could be achieved by providing manager training (Al Mamun & Hassan, 2017), adopting an open-door policy (Munde, 2010), holding frequent meetings (Munde, 2010), and encouraging managers to know their employees beyond their job duties (Reilley, 2014).
For training and development, it is suggested that PMC provide on-the-job training (Al Mamun & Hassan, 2017), offer retirement benefits (Vance, 2006), improve orientation and onboarding processes (Kappel, 2018), create development opportunities (Cloutier, Felusiak, Hill, & Pemberton-Jones, 2015), and allow employees to utilize their skills (Heathfield, 2017).
The initial survey indicated that new hires were more dissatisfied with training and development compared to longer-tenured employees. Therefore, it is recommended that PMC conduct a follow-up survey focused on its orientation program to identify the reasons behind this dissatisfaction among new hires. This survey should target new hires specifically. Additionally, PMC could also conduct a survey on pay satisfaction, training and development, and managerial accessibility to assess the effectiveness of the implemented recommendations. The second survey should mirror the first one for consistency.
Al Mamun, C. A., & Hasan, M. N. (2017). Factors affecting employee turnover and sound retention strategies in business organization: a conceptual view. Problems and Perspectives in Management, 15(1), 63-71.
Cloutier, O., Felusiak, L., Hill, C., & Pemberton-Jones, E. J. (2015). The importance of developing strategies for employee retention. Journal of Leadership, Accountability and Ethics, 12(2), 119–129.
Folkman, J. (2017, June 8). How to increase satisfaction with pay (without increasing pay). Forbes. Retrieved from https://www.forbes.com/sites/joefolkman/2017/06/08/how-to-increase-satisfaction-with-pay-without-increasing-pay/#6818fad729d0
Heathfield, S. M. (2017). Top 10 ways to retain your great employees. Retrieved from https://www.thebalance.com/top-ways-to-retain-your-great-employees-1919038
Kappel, M. (2018, January 4). How to establish a culture of employee engagement. Forbes. Retrieved from https://www.forbes.com/sites/mikekappel/2018/01/04/how-to-establish-a-culture-of-employee-engagement/#75b12eb18dc4
Munde, G. (2010). Global issues in human resource management and their significance to information organizations and information professionals. In P. Elisabeth (Ed.),
Recruitment, development and retention of information professionals. IGI Global.
Reilly, R. (2014, January 7). 5 ways to improve employee engagement now. Gallup. Retrieved from https://www.gallup.com/workplace/231581/five-ways-improve-employee-engagement.aspx
Vance, J. R. (2006). Employee engagement and commitment. SHRM. Retrieved from https://www.shrm.org/hr-today/trends-and-forecasting/special-reports-and-expert-views/Documents/Employee-Engagement-Commitment.pdf
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