DENVER – BMW's South Carolina manufacturing plant, which opened 20 years ago, has assembled an array of workforce wellness, screening and other programs aimed not just at recruiting new talent but also retaining older workers.

The result? A retention rate of 95%, an envious statistic at a time when employees nowadays will jump ship, it seems, just because they can, especially as the economy recovers.

Jerry Johnson, the risk manager at the BMW plant in Spartanburg, S.C., highlighted his company's retention tactics at a session Tuesday on the graying of the nation's workforce at the Risk & Insurance Management Society conference.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.