DENVER – BMW's South Carolina manufacturing plant, which opened 20 years ago, has assembled an array of workforce wellness, screening and other programs aimed not just at recruiting new talent but also retaining older workers.
The result? A retention rate of 95 percent, an envious statistic at a time when employees nowadays will jump ship, it seems, just because they can, especially as the economy recovers.
Jerry Johnson, the risk manager at the BMW plant in Spartanburg, S.C., highlighted his company's retention tactics at a session Tuesday on the graying of the nation's workforce at the Risk & Insurance Management Society conference.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.