Setec knows the importance of women in manufacturing

30 per cent of women in the manufacturing industry said they would need an incentive to stay in their respective businesses, according to a report released this month. Spearheaded by APICS, Deloitte and The Manufacturing Institute, 600 women in the manufacturing industry were surveyed for the report. The aim was to

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The rise of small to medium enterprise

Making up 99% of all global business and contributing significantly to local and international exports, SMEs (small to medium enterprises) are a vital cog in the Australian business cycle. Medium businesses in particular, with an established staff, base and marketplace represent a large section of potential growth with government support. Australian

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And the winner is…Setec!

Setec is the proud victor of the Telstra Business Awards – Medium Business category. These prestigious awards have been celebrating outstanding Australian business success since 1992, highlighting the achievements of leading small and medium sized companies. The Telstra Business Award finalists are nationally recognised as experts in their particular field.

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Setec now framed on CTIAV Hall of Fame

On Friday night, Setec attended a night of glitz and glamour at the 2015 CTIAV Hall of Fame Awards and Dinner at Crown in Melbourne. This year’s occasion differed from those in the past with a ‘Great Gatsby’ theme and the introduction of three coveted business award categories for the first

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Export-Import battle continues in US

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Why Australia needs more manufacturing investment

One of Australia’s largest manufacturing companies has called for a change in the federal tax system to assist innovation and research development in manufacturing.   The Australian Advanced Manufacturing Council (AAMC) says Australia’s treatment of intellectual property in the federal government’s tax review doesn’t reflect an understanding of the global

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Setec celebrates National Manufacturing Week

National Manufacturing Week (NMW) is running this week at the Melbourne Convention and Exhibition Centre. Exhibitors will be showcasing some of the latest and greatest products available in 2015, including air technology, robotics, and electrical engineering innovation.   With over 200 local and international exhibitors, Victoria’s NMW is one of

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Investment in Chinese factories wavering

Investment in overseas factories has its positives and negatives, however Chinese manufacturing may be slowly losing its advantage as China’s economy slumps. With a strong yuan and major factory closures, the appeal of Chinese low-cost manufacturing is wavering, giving Australian manufacturers a much needed advantage. According to an article in

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Australian manufacturing – how smart business initiatives lead to smart growth

Australian manufacturers often struggle to compete against large global companies. High industry costs and difficultly accessing larger international marketplaces from a relatively isolated location makes keeping prices low challenging for local manufacturers. While the current economic climate is creating an advantage for Australian manufacturers, companies have to continually refine how

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Setec knows the importance of women in manufacturing

30 per cent of women in the manufacturing industry said they would need an incentive to stay in their respective businesses, according to a report released this month.

Spearheaded by APICS, Deloitte and The Manufacturing Institute, 600 women in the manufacturing industry were surveyed for the report. The aim was to provide insight into the best ways to retain and attract women in manufacturing careers.

The survey revealed the top three priorities for women were a good work-life balance, interesting assignments and attractive pay. 26 per cent of the women surveyed said their companies’ retention efforts were very poor to poor.

Setec believes encouraging and retaining women in manufacturing is essential. Of Setec’s 85 employees, just over half are women with some working part-time or flexible hours to suit their particular needs.

“I’ve been working at Setec for nearly two years and I think the company’s inclusive workforce is one of Setec’s main strengths,” said Sales Account Manager, Laura Lippert.

The company was also headed up by a female CEO for a number of years who has since stayed on as an active director. “I’m extremely proud of how our company has fostered a diverse and engaged workplace for both women and men, with many of its employees reaching 20+ year milestones,” said Louise Bayliss, Setec Director.

“It’s not unusual to see a high number of women in the electronic manufacturing industry, but there’s no doubt that Setec’s positive workplace culture has resulted in low staff turnover rates and lengthy employment for many.” Said Setec CEO, David Bayliss.

A proudly Australian owned and operated business, Setec will continue to grow and encourage women into its workforce by understanding the important role they play.

Image credit: via Manufacturing Geek Blog