|
Strategic
Review- Go deeper with GlobalData |
Employees at the General Motors Vauxhall car plant at Ellesmere Port near Liverpool
saved the company £3,087,269 ($US4.4 million) last year by making suggestions
through the employee recognition scheme.
In 2000, 8,013 ideas were submitted and more than half were implemented. Employees
were rewarded with £713,086 ($US1 million) – a 71 percent boost to
the sum paid out for ideas in 1999.
Cash rewards are likely to increase even further in 2001.
Scheme operator Colin Quick said: “Our target for this year is to receive
three ideas per employee. With a workforce of 4,600, we expect more than 13,000.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData|
To view related research reports, please follow the links Automotive |
