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Business Benefits of High Performance Working
 

Research evidence accumulated over several years, has shown significant business benefits from adoption of HPW practices. These are:

 

Organisational performance - demonstrated using a wide variety of financial and success measures.

 

Innovation - the generation and implementation of new product and process ideas, enabling a business to continually stay ahead of competitors.

 

Recruitment and retention - the ability to attract and retain the best people.

Financial Performance
 
 
Businesses that adopt High Performance Working practices, have higher profits per employee than firms that don't. The greater the adoption of HPW practices, the greater the impact on profitability.
 
Research shows that profit per employee is twice as high in companies adopting 11 to 18 HPW practices compared to those adopting 4 or less.
 
For more information on the business benefits of High Performance Working contact us
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Recruitment and Retention
 
 
High Performance Working practices help recruti and retain the best staff. Firms that adopt HPW practices have lower labour turnover. The greater the adoption of HPW practices, the greater the impact on employee commitment and retention.
 
Research shows that firms adopting 11 to 18 HPW practices are almost half as likely to experience above average labour turnover compared to companies adopting 4 or less practices.
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