February 05, 2019
- Posted by:Jeannine Kunz, Vice President, Tooling U-SME
Relentless turnover in the manufacturing industry is threatening companies focused on driving productivity and profitability. Voluntary turnover takes its toll on company culture, and also costs organizations hundreds of thousands and up to millions of dollars.
It is concerning that two out of five manufacturers (43%) indicate an average 20% or higher annual turnover, according to Tooling U-SME’s Industry Pulse: 2018 Manufacturing Workforce Report. Read More.