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
Human Resources
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
Booklist: Put On Your Oxygen Mask First
By Dianna Brodine, vice president, editorial, The American Mold Builder I’ve been on enough planes at this point in my life that the safety presentation prior to takeoff is a little like Charlie Brown’s teacher: “Wah wah wah wah wah…” I’m not the only one with this attention-span problem, which is why the Southwest flight attendants sometimes add sarcasm and humor to their … [Read more...] about Booklist: Put On Your Oxygen Mask First
Addressing Tooling Labor Shortages with Automation
By Ethan Rejto, director of marketing, Mantle One of the greatest challenges facing the toolmaking industry is labor. With COVID-19 exposing how fragile the international supply chain is, more and more OEMs are hoping to reshore their manufacturing, with plastics processors reporting the highest percentage of their OEM customers attempting to reshore manufacturing in 18 years. … [Read more...] about Addressing Tooling Labor Shortages with Automation
Strategic Workforce Management: The ATR Framework
SBy Torsten Kruse, founder and president, Kruse Analysis, Inc. and Kruse Training, Inc. In an era defined by rapid technological advancements and evolving workplace dynamics, the success of any organization hinges on its ability to strategically manage its workforce. The Attract – Train – Retain (ATR) Framework is a strategic approach to workforce management that … [Read more...] about Strategic Workforce Management: The ATR Framework