Frontline Talent of the Future Initiative 2024

15Participant Stories COSMOPlat Haier expands across industries, upskills workforce, and boosts employee engagement +12% engagement +19% OEE improvement -3% attrition rate -50% time to fill - days Impact Change story Talent innovations The corporate planning and products development of Hefei Lingzhi has expanded from the single home appliance controller industry to 15 major industries such as automobiles, industrial control, and health equipment, which poses huge challenges to the demand for new industry talents, the complexity of frontline employee management, and the satisfaction of frontline employees. Haier needed to build additional flexibility into their operations, upskill it’s employees, and find ways to keep employees engaged and motivated. Through a series of innovations, the employee turnover has been reduced from 7% to 3%, on -time delivery has reached 99.9%, and employee satisfaction has increased by 12%Personnel dynamic arrangement system developed a virtual industrial engineering system to enhance worker flexibility and optimize task allocation Talent Skills Certification Competiton elevated operator talents using skill evaluations, competitions, and a digital matrix, increasing high-skilled talent to 47% Social platform for employee improvement ideas was established for employees to share innovation proposals, achieving 95% participation and $1M in savings Frontline Employee Salary Accounting System developed a salary system for real -time, accurate pay data, improving transparency and employee experience significantly