Industry Reports
GCPTA 10-Year Anniversary Presentations
Unqualified Workers Cost You Money,
PTEC Graduates Make You Money
Profitability is becoming harder and harder for the
manufacturing industry. High natural gas prices and
downturns in the economy have shrunken already narrow
profit margins. But there’s one profit center many
companies overlook – their employees. The Gulf Coast
Process Technology Alliance (GCPTA) wants to show you
how PTEC™ graduates can significantly impact your
bottom line.
A recent API study analyzed all the factors that
affect a plant’s efficiency. According to the study,
human error had the highest bottom-line impact on asset
utilization. An American Chemical Society study
concluded that when plants hire qualified, trained
workers, such as PTEC graduates, companies reaped an
average savings of $16,000 for every new hire made.
A Real Case Study
A chemical plant in Texas is currently on its way to
realizing an impact of $40 million to its bottom line
because of its decision to hire PTEC graduates.
PTEC Graduates Impact the Bottom Line
Before They Walk In the Door
It is not unusual for a company to generate 2000
applications to find 200 qualified candidates for 40 job
openings. Hiring PTEC graduates could cut those numbers
to 500 applicants. Hiring PTEC graduates can decrease
employee-selection costs by 40 percent.
But It’s Now or Never … Well Pretty Soon
The average age of a process technology operator is
50, which means as many as half of all process operators
could retire in the next five to ten years. The problem
is that there are not enough trained workers available
to replace the retirees. We need your support to assure
that the supply of PTEC graduates will meet demand.
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