Kevin Ledversis with Newcastle Systems startled hosts Lew Weiss and Tim Grady with the percentage for the absenteeism rate in the average manufacturing and distribution plant at 33.4 percent. Coupled with a turnover rate of 3.6%, there is a 37% problem that can lead to big problems on the production line. This directly translates into a significant reduction in productivity and a hit on profitability. Listen to this episode to hear simple, cost-effective solutions to reduce the turnover rate and compensate for absenteeism.
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