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HE CHOSE PRODUCTIVITY
BOTTOM LINE BENEFITS TO TRAINING
How Investors in People helped us improve productivity
Faraday Printed Circuits provides high quality printed circuit boards to the global electronics market. A long-standing Investor in People, Faraday undertook a review of its key personnel and processes with the Investors in People team focusing on measures for skills. Actions put in place as a consequence of this have resulted in direct benefits in productivity amounting to £60,000 per annum, with production leadtimes reduced and quality increased. Further benefits have come in increased team motivation and reduced staff turnover, with the reduction in inefficiencies from training new employees being another saving of £60,000 - sufficient to fund the cost of employing the HR and Training Manager.
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