New guide presents bluecollar incentive plan
In their new book "Warehouse Productivity" authors Ron Hounsell and Pat Kelley present a blue-collar incentive plan that is designed to improve - even double - workforce productivity.
The innovative approach, which the authors call "simplified gainsharing," will be of great interest to human resources professionals involved in developing and implementing compensation and incentive plans.
Pat Kelley, assistant vice president of logistics for TruServ, explains how the program works:
First, the company establishes a baseline productivity expectation for different tasks and operations. Once the employee reaches a certain productivity level over that baseline, his or her hourly wage is adjusted upward.
TruServe reviews the employee 's performance each month. If productivity drops back down, or if quality levels are not acceptable, the employee loses the corresponding bonus.
The plan works because approximately two thirds of the financial gain associated with the productivity increase goes to the company and one-third to the employee , says Kelley.
Kelley and Hounsell have implemented this type of Simplified Gainsharing program at distribution centers across the country - often with startling results. For example: TruServ's productivity measure increased 79 percent from $619 throughput per work hour to $1,105 and quality levels improved by 40 percent.
The book itself guides the reader through the three major stages of implementing and operating a Simplified Gainsharing approach. It includes real-world examples of how to apply the principles and strategies outlined as well as a wide range of sample documents to help you implement the program.
Additional information on "Warehouse Productivity" is available online at http://www.DistributionGroup.com/books.php
or by phoning the Distribution Group at 1-800-232-4317.
Website: http://www.DistributionGroup.com
CONTACT:
Adam Reis
(212) 228-0246 Ext. 105
New guide presents bluecollar incentive plan
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