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Executive pay can be seen from a number of perspectives. Those in demanding roles, under pressure to deliver results, naturally expect to be rewarded. Shareholders want results and are prepared to invest in retaining the best people. Long Term Incentive Programs (LTIP) are designed to retain executives over the medium […]
Read The Full ArticleWarehouse Automation and LMS can Collaborate
Warehouses are an expensive and essential part of the supply chain. Warehouse operators heading into peak will have the daily challenge of handling volatile volumes and perhaps even more challenging, working with inaccurate forecasts. Those two scenarios combined make space planning an art form not a science as it does […]
Read MoreQuick Maths with Vitesse Part II – Cost of Living Increases
Inflation may be coming down but the cost of running a warehouse continues to rise with pressure from energy prices and rental increases, on top of the annual cost of living adjustment to maintain your biggest asset, namely your workforce. If only there was a way to fund these cost […]
Read MoreFrom Performance Pains to Performance Gains
The annual performance review is an opportunity to talk openly and in confidence about recent performances and expectations going forwards, done well, it benefits everyone. Things would be much more productive if organisations adopted a continuous performance approach, according to a recent HR Zone Webinar about unlocking people’s potential with […]
Read MoreFair’s Fair – how to implement a fairer workers’ reward scheme
Following on from our last blog on the importance of introducing incentives and rewards for staff as a way of boosting overall efficiency and morale in your warehouse, Vitesse Operations Director Dave Morris goes on to explain the basics of setting up a rewards scheme. To have an effective system […]
Read MoreMeasuring Up
We’ve had a summer of glorious cars paraded at the likes of the Goodwood Festival of Speed, Salon Privé at Blenheim Palace and Monterey Car week in California, each showcasing the latest technologies alongside reminders of historic engineering excellence and innovation, it’s clear that iconic brands Ferrari, Aston Martin, Ford, […]
Read MoreWhy reward schemes for warehouse workers work!
Bonus schemes for hourly paid workers aren’t a new concept, yet surprisingly, despite labour and skills shortages being a longstanding headache for the sector, employee reward schemes have previously not seemed popular across the industry. In the first of a two-part blog, Dave Morris, Operations Director at Vitesse® explains the […]
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