Highlights from first day sessions at ARA’s 2013 conference
After lunch, attendees could choose from two breakout sessions to attend. One was the Breakout Session: Becoming A Destination Employer and the other was Fertilizer Industry Macro Trends.
In the breakout session, Fertilizer Industry Macro Trends, Lauren Williamson and Stephen Mitchell from Argus FMB provided an overview of various fertilizer market segments, including a look at past trends, current influences and possible future developments. Snapshots included a look at nitrogen, phosphates and potash. In nitrogen, urea is expected to remain the main price setter. Not all proposed fertilizer plant expansions will likely happen as the market is changing with several unknown factors leaving the market and prices volatile.
Mike Smith, co-founding partner and president of Ag 1 Source, and Mark Waschek, Agronomy, Seed, Crop Production and Grain, for Ag 1 Source presented the second breakout session: Becoming A Destination Employer. They talked about their three-legged stool of becoming a destination employer – hiring, engagement and retention – and the supports to reinforce success – communication, onboarding and recruiting. They stressed that salary or compensation is not the reason that the majority of employees leave a company for another one. Eighty-five percent of employees’ leaving is because of some aspect of a poor relationship with their supervisor.