https://www.bicycleretailer.com/interna ... fGrhhuZFLM
the government has, in my opinion, taken it a step too far. Now they restrict the total number of hours an employee can work to just 40 hours a week. So, even if they want to work to get extra cash and the company is willing to pay overtime rates, they legally cannot.”
The older generation is almost the polar opposite to the young,” Moore said. “Their needs are more about long-term security, so they don’t want to hop from job to job. Their personal commitments to the local community are more deep-routed, especially so here (Asia) with the tradition/culture of personally taking care of your parents/grandparents. Middle-aged people who may have worked away when younger tend to migrate back to their childhood homes.
Then there’s the rural factory locations being a detriment to lure younger blue- and white-collar workers.
“They want to be living and working in the major cities as opposed to more rural locations of bicycle factories,” Moore said. “They are more interested in working in tech, service and online companies where they perceive working environments are much better and jobs are less physically demanding.
Changhua is a countryside area in Taiwan,” she said. “Most of young people are not willing to stay and work in the manufacturing industry.”
However, Shih said cross-training and identifying and promoting employees who stand out is the key to keeping them and growing the business. “The top benefit for driving employee development is to shape a more efficient, competitive, and engaged workforce,” she said.
Shih said Nuvo’s research has shown companies engaging employees see 41% lower absenteeism rates and 17% higher productivity.