Limited understanding or use of analytics to support clearly defined strategic imperatives, with a clear focus on maximising ROI and improving labour efficiency
THE CHALLENGE
Difficulties with new hire attraction and retention impacting execution of core business activities
Increasing market share and efficiencies, were being impacted by poor labour risk management recruitment and retention practices and low labour productivity
THE INSIGHT
Workforce
DISPARITY IN WORKFORCE EFFICIENCY RESULTING IN SIGNIFICANT PRODUCTIVITY IMPACTS
EXECUTION
RISK EXPOSURE OF MISSION- CRITICAL ROLES IMPACTING OPERATIONAL EXECUTION
RETENTION
SIGNIFICANT ISSUES WITH NEW STARTER TURNOVER WITH AVERAGE TENURE OF LEAVERS OF 104 DAYS, IMPACTING THE ORGANISATION IN PRODUCTIVITY AND COST
THE IMPACT
$4.4mIncreased margin
opportunity through
improvement in
workforce efficiencies
opportunity through
improvement in
workforce efficiencies
$840kTurnover costs reduced
through implementation of
better risk management
for mission critical roles
through implementation of
better risk management
for mission critical roles
$750kImproved recruitment and retention of new hires will provide a significant financial benefit and lift organisational productivity
