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MBA 533 – Motors and More HR ProjectHR Forecast PlanWith an increase in labor demand it is essential that Motors and More focuses more effort on employee retention. "Keeping talented, experienced employees is a strategy that improves your company’s performance, reduces hiring costs and boosts your reputation as you become known in the industry or in your community as a successful and attractive place to work" (Ray, n.d.). There are several methods Motors and More can implement to help retain employees, such as offering flexible schedules, additional vacation time, bonuses, expanded internal hiring and promotions, career development programs, involvement in a corporate mentoring program, and active involvement with management (Ryan, 2014). In this tight labor market Motors and More will need to prioritize recruiting efforts and pursue creative recruiting options including contacting previous employees to see if they would like to return, offering employees referral bonuses, and creating internships and recruiting programs with the local high schools and colleges. Motors and More could offer part-time positions to recruit people, such as retirees or stay-at-home parents who are not interested in full-time work. They could also look for ways to accommodate the disabled, who are often underemployed (Ray, n.d.). In addition to retaining employees and recruiting new ones, Motors and More should also evaluate ways in which it could reduce labor and increase production. Motors and More should look for opportunities to streamline work and increase efficiency. The efficiency that could be gained by updating equipment and machinery would reduce their need for labor and allow them to meet the increased demand for products. Updating equipment may also provide increased safety and improved quality.
MBA 533 – Motors and More HR ProjectWith the constant change in technology, the company should analyze whether new equipment is more cost effective than hiring additional laborers. It should also assess the impact these two options have on product quality. Motors and More could also consider starting a second shift in order to meet the demands of the new orders (Lean Manufacturing, n.d). This will allow them to increase production using existing manufacturing equipment. Adding a second shift will also create advancement opportunities for employees by offering management and team leader positions. To address the increase in product defects a strong quality control program should be initiated which focuses on key steps of product assembly and identifies the most common quality defects, how they occur and how to avoid them. It is important to determine the primary cause of quality issues in order to effectively target them. While the lack in quality could be due training, it may also be linked to machinery issues.