Health company Gambro has cut its turnover of top management staff by
introducing performance measures for HR.
The firm, which has 17,000 staff across 90 countries, had to improve
recruitment and retention because it was expanding and needed to increase
production capacity by 15 per cent a year.
The reduction in management turnover to 5 per cent was one of the benefits
of introducing key HR performance indicators, HR director Karsten Jurkowski
Other initiatives resulting from the move in the past two years include an
evaluation of 150 top management positions, management surveys, a recruitment
strategy and a compensation plan for the top 150 managers, based on
benchmarking with competitors.
"Three years ago we were not able to say if we paid our top managers a
competitive salary or not," said Jurkowski.