We’re excited to announce that Alchemy has won a spot on the highly coveted Austin American-Statesman Top Workplaces list for the fourth year in a row! The Statesman chooses the best places to work in Austin based on data from anonymous surveys sent to current employees at eligible companies. With 140 Alchemists at our Austin headquarters (and 300 total across U.S. and Canada), Alchemy competed in the medium-sized company category.
I recently had the opportunity to spend time in our nation’s capital with many prominent leaders from the meat industry at the North American Meat Institute Outlook Conference. One area of focus for the conference was helping attendees understand the future of labor in the meat industry.
Did you know the average cost of turnover for a firm of 100 employees exceeds $400,000 per year?! Because of the impact, the Meat Institute welcomed us to share data from Alchemy’s Mind of the Food Worker Survey (#MOFWstudy). My presentation featured strategies that encompass employee total well-being using Maslow’s Hierarchy of Needs.
A recent Gallup poll showed that over 77% of manufacturing workers are disengaged in their work. This disengagement directly affects safety, quality, yield, and productivity in your organization. Additionally, the estimated cost of turnover for a firm of 100 employees creeps up on $500,000 annually. So, it's more crucial than ever for companies to learn how to positively influence employee behaviors and attitudes.
To be successful, companies must understand how front-line workers learn, what motivates them to follow safety procedures, and how they best engage with supervisors and managers to build and maintain a culture that allows for continuous improvement.