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Manufacturing is on the up, but workers are on the move

’4 in 10’ UK manufacturing workers search for new jobs as positivity and confidence increase.

Businesses face disruption and costs to replace dissatisfied staff as the economy improves, and manufacturing is being hit hard.  According to recent CBI Trends surveys firms have increased headcount modestly, optimism about the business situation has improved for the third consecutive quarter, and planned investment spending on building for the year ahead has risen to record levels.

But what does this mean for those in the manufacturing sector?

British businesses in the sector need to invest in their people or face a potential exodus of staff, as a combination of work dissatisfaction and more confidence in the job market means that four in 10 (41%) workers are considering moving jobs in the next year, according to IIP research. The survey shows however; that 29% of people working in the sector feel that the job market has improved in the last year – a great move for the industry, but not for manufacturing managers.

More jobs and more opportunities means retaining your people is now more difficult, and keeping them happy is even harder

Unhappy: 27% are dissatisfied in their jobs
Looking to get out: 21% say that they would have moved jobs a year ago had the economic situation been better..

The results indicate that workers in the manufacturing sector are looking to be valued, not just to have higher wages, with 77% stating that greater job satisfaction is their main incentive for moving, ahead of pay (59%).

So if they’re not looking for money, what are they looking for?

59% of employees feel that their skills and talent would be better valued elsewhere – so make them feel like you are investing in them.
Try starting with these (explore our resources, use our templates, read more about what works):

59% of employees feel that their skills and talent would be better valued elsewhere – so make them feel like you are investing in them.