Konica Minolta Receives Two Merit Awards for Major Accomplishments in Human Resource Initiatives
25 Julio 2024 - 2:59PM
Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta), is
proud to announce it has received two 2024 Merit Awards for Human
Resources. The Merit Awards is an independent awards program that
recognizes global industries and the markets they serve, based on
submissions that address leadership, innovation, positive work
environment and more, and are judged by industry executives, Merit
Awards staff, members of the media and consultants.
Konica Minolta’s North America Talent Acquisition team received
the Gold Merit Award for Excellence in Recruitment Strategy.
Together they created a concerted effort to meet the needs of the
business and drive down costs by implementing a faster hiring
process that used less expensive resources to operate. The plan
involved three key strategies: significantly reduce the use of
external recruiting agencies, streamline and improve transparency
to the business to accelerate the hiring process and improve the
candidate experience to increase acceptance rates.
The plan’s goals included driving down the average apply-to-hire
time and reducing the use of external agencies, all while improving
both hiring manager satisfaction and the candidate experience.
Other results included:
- Average days to hire 40 days faster than targeted.
- Use of external agencies fell to 3.2 percent of all hires,
surpassing the target of fewer than 10 percent of hires from an
agency.
- Offer acceptance rose to 94 percent from 90 percent YOY.
- Hiring manager satisfaction achieved 75 percent in 2024, up
from 62 percent in 2023.
- Candidate experience satisfaction rose from 81 to 87 percent
YOY.
“These are truly remarkable results, and I want to thank and
congratulate our North America Talent Acquisition Team for their
outstanding efforts that resulted in this accolade,” said Vicky
Ringwood, Senior Vice President, Chief Human Resources Officer,
Konica Minolta. “Like so many other companies, Konica Minolta has
faced difficult and ongoing challenges to find and hire employees
since the pandemic. Additionally, we are seeing dramatic shifts in
today’s employment marketplace - including hybrid work models – and
our Talent Acquisition Team has made a real difference for our
company as we look to the future.”
Konica Minolta’s Human Resources team also received a Bronze
Merit Award in the Employee Recognition and Rewards Program
category for its KM Kudos Program, the company’s rewards and
recognition program. It enables all employees to recognize each
other and provides points to non-sales teams for their outstanding
achievements. Recipients can redeem their points in a variety of
ways – for cash, gift cards and even charitable contributions.
The goals established for the program included enhancing manager
appreciation, improving collaboration while breaking down silos
within the company and reinforcing integration while using existing
budgets in addition to providing a common design and delivery
platform and streamlining operational efficiency. The KM Kudos
Program succeeded in activating the company’s values to drive
performance and transformational change:
- The monthly recognition-giving and receiving average grew to 83
percent vs. the 80 percent benchmark.
- The monthly recognition-giving average increased to 68 percent
vs. the 58 percent benchmark.
- Employees now receive an average of 3.5 recognitions per month,
reinforcing strong day-to-day performance and demonstrating Konica
Minolta’s values.
KM Kudos now helps colleagues celebrate each other’s
accomplishments, big and small, and enables employees to see how
they contribute to Konica Minolta’s culture, core values and
mission. The program allows leader-to-employee and peer-to-peer
recognition.
“Prior to putting this new program in place, regular thanks and
recognition were the exceptions,” stated Ringwood. “Today our
employees throughout North America are supporting our strong
day-to-day performance and demonstrating our company values through
the KM Kudos Program. Going forward, we’ll continue to celebrate
performance, using this program and monthly town halls to reinforce
the behaviors, competencies and achievements that enable our
company’s transformational efforts.”
About Konica Minolta
Konica Minolta Business Solutions U.S.A., Inc.'s (Konica
Minolta) journey started 150 years ago, with a vision to see
and do things differently. The company innovates for the good of
society and the world. The same purpose that kept it moving then,
keeps it moving now. Konica Minolta aims to partner with clients to
Give Shape to Ideas by supporting their digital transformation
through its expansive Intelligent Connected
Workplace portfolio. Its business technology offerings
include IT Services, intelligent information management, video
security solutions and managed print services, as well as office
technology and industrial and commercial print solutions. Through
its ongoing work, the company is fortunate to be continuously
recognized for its products and services. This includes,
but is not limited to being included on CRN’s MSP 500 list numerous
times; named a finalist in the IT Software Category by The World
Technology Awards; recognized as the #1 Brand for Customer
Loyalty in the MFP Office Copier Market by Brand Keys and
presented with Keypoint Intelligence’s BLI 2021 A3 Line of The Year
and BLI 2021-2023 Most Color Consistent A3 Brand Awards for
its bizhub i-Series. For more information, please
visit Konica Minolta online and follow its account
on Facebook, YouTube, LinkedIn and Twitter.
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Maggie Grande
Konica Minolta Business Solutions U.S.A., Inc.
551-500-2659
PR@kmbs.konicaminolta.us