Just as people—particularly the Y Generation—have moved from email to social media tools to stay connected personally, the modern work team is shifting to the self-regulating advantages of an employee communications solution.
That's all fine and dandy, I hear you say, but where's the benefit to the organization that feels the pressure to embrace all of it?
From the past decade of experience working with clients in the employee communications field, I've outlined what I've learned are the top seven returns on investment. There are more than seven, but these seven apply particularly to manufacturing environments.
Effective employee communications translates into a high level of employee engagement and the following is how employee engagement puts money back into the company's coffers.
Aside from the obvious human benefit of a lower work accident rate, the organization can expect both fewer accidents and a lower average accident cost. This shortlist will keep both your accountant and your attorney happy:
● It's the right thing to do. Maintaining high safety standards might not return hard dollars directly or immediately, but looking after the safety of your employees will enhance the quality of life of everyone under your roof. It might even save someone's life someday.
● Fewer accidents translate into lower insurance claims, less production downtime, and less equipment and/or product damage.
● Lower average cost per accident.
● Proven best efforts where safety is concerned reduces potential negligence liability down the road. (Ask your attorney what "depraved indifference" means.)
More on how employee engagement helps the bottom line on IndustryWeek.
IndustryWeek is an NED companion site within Penton’s Manufacturing & Supply Chain Group.