Changing the human resources equation in manufacturing

While manufacturers undoubtedly appreciate the human element in their processes, focus on other important aspects of the cost structure often draws attention away from optimization of the payroll budget. Better managing employee compensation lets you maximize the efficiency of all of your spending, not just your labor costs. Still, the ability to better manage these costs definitely contributes to bottom line improvement.

Many manufacturers fall into compensation traps that lead to ineffective and wasteful use of payroll and the attendant turnover costs related to inability to attract, retain and motivate key employees. Whether it is pay compression from failing to keep structures in line with the market, or the inability to stay competitive when giving “across-the-board” or “cost of living” adjustments, failing to develop and implement a full-feature, modern compensation program compounds difficulty in managing pay correctly.

ElementOne has worked with manufacturing clients since its founding in 1992 and has maintained a strong relationship with the Michigan Manufacturers Association (MMA) for nearly 30 years. We’ve learned the manufacturing market, not just through client assignments, but from our manufacturing compensation and benefits survey program with MMA. This experience gives us a unique advantage when working with manufacturers. We provide our manufacturing clients with a broad range of services that help them run more efficiently, better utilize their financial resources, improve the opportunities for their employees, and enhance the ability of the organization to operate profitably.

Explore our services to manufacturing firms below.  Regrettably, many of the manufacturers we have worked with over the last 30 years have been the victim of recession or acquisition; however, we continue to work with manufacturers nationwide.  You’ll find some of the manufacturing clients who have worked with ElementOne in the past below.

MANUFACTURING SOLUTIONS

Executive Compensation

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Compensation Management

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Organization Design & Development

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Communications

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