By Rachael Pfenninger, director of strategic execution, AMBA In an era where employee retention has become increasingly challenging, particularly following the “Great Resignation” and fierce, domestic competition for labor, US moldmaking companies are seeking effective strategies to enhance employee satisfaction and engagement. This ultimately leads them to implement … [Read more...] about Employee Engagement in US Moldmaking (and What it Means for Employee Retention)
Human Resources
Effective Leadership Planning for NextGen Succession
By Lindsey Munson, editor, The American Mold Builder “If you can’t be replaced, you can’t be promoted,” are words that resonate with leaders. This quote stands as a simple reminder and sound advice to those seeking a leadership role or being a “succession” – on-the-job training and sharing processes and procedures are critical components to reaching the next step on the … [Read more...] about Effective Leadership Planning for NextGen Succession
Workforce Recruitment and Retention at Franchino Mold & Engineering
By Liz Stevens, writer, The American Mold Builder Franchino Mold & Engineering (FMEC), Lansing, Michigan, has served the mold and die industry since 1955. The company offers die cast dies, plastic injection molds, contract machining, die/mold repair and engineering services to the automotive, construction, consumer products and material handling industries. FMEC stands … [Read more...] about Workforce Recruitment and Retention at Franchino Mold & Engineering
Rates Rise in Response to Costs and Labor Challenges, 2024 Shop Rate Data Indicates
By Rachael Pfenninger, director of strategic execution, AMBA In spring 2024, AMBA published its 2024 Health and Benefits Report, where executives and management teams expressed significant concern over rising healthcare and benefits costs. Now, as indicated from the data in the recent AMBA 2024 Shop Rate Report, it looks like this business area was just one cost of many that … [Read more...] about Rates Rise in Response to Costs and Labor Challenges, 2024 Shop Rate Data Indicates
Navigating the Changing Landscape of Healthcare
By Susan Denzio, business manager, AMBA The healthcare landscape presents many challenges for business owners and with the turn of a new year, it is likely to become even more difficult. The very purpose of insurance, a mechanism to protect against unforeseen costs, is needed to protect the human capital asset – employees and dependents – from the risk associated with … [Read more...] about Navigating the Changing Landscape of Healthcare
US Manufacturers Face Threat of Increasing Healthcare Rates, Seek Answers to Protecting Margins
By Andrew Carlsgaard, analytics director, First Resource In an increasingly competitive landscape for hiring and retaining skilled employees, rising healthcare and benefits costs for employers in the United States manufacturing sector have become a significant concern. These employers often face challenges in providing affordable healthcare benefits to their employees while … [Read more...] about US Manufacturers Face Threat of Increasing Healthcare Rates, Seek Answers to Protecting Margins