Most folk want to be paid the same as the next person doing the same job, it’s only fair.
It has been good to read in recent weeks of the big supermarkets increasing the hourly rate for their employees.
The cost of living crisis has impacted most people and continues to do so.
Businesses similarly find themselves considering every line of cost and develop innovative ways to retain and attract customers.
Capital expenditure will have been dialled down, recruitment will have been frozen and grander plans for expansion shelved until brighter days are in sight.
Competitors will be doing similar things, it is the people within each business that make the difference. Retaining the best employees is fundamental to the ongoing success of any business, these people need to be engaged and feel valued.
The best employees are those hitting targets and getting the job done, consistently.
Warehouse operations are a vital part of the supply chain where reliability is key and consistent performance is considered the norm.
Identifying the best performers in the warehouse makes economic sense.
Being trained and knowledgeable helps to keep mistakes to a minimum and enables people to contribute ideas and add value to continuous improvement programmes as a result of their on the job experience.
Consider the below when thinking about folk doing the same job for the same rate of pay.
An employee earning £13 per hour and achieving 80% of target in a non incentivised environment might be considered to be the benchmark.
A colleague achieving 70% of target is comparatively costing £15.32.
A colleague achieving 65% of target is comparatively costing £16.75.
Bonus schemes in warehouses are not as common as they could be.
Vitesse can underpin schemes that recognise and reward achievers.
With Vitesse, employers could pay more to their best employees and it self fund.
Recognition and Reward in action.
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