Ukrainian agricultural holding Myronivsky Hliboproduct (MHP) is now monitoring the emotions of its employees, a practice the company hopes will improve workplace morale and productivity.
MHP Board Chairman and Chief Executive Officer Yuriy Kosiuk said at the Conductors of Changes forum, held recently in Kyiv: “We monitor emotions. Everyone is under cameras. … We calibrate emotions by 70 points. We look after happy and unhappy ones.”
According to a report on the Interfax website, Kosiuk said psychologists and human resources employees are working closely with people who are unhappy, trying to offer ways to change situations that make them unhappy. If changes cannot be made, those people are replaced.
The MHP leader said studies have shown that happy people are more effective. He also told of his past managerial experience when appropriate staffing decisions involving unsatisfied workers were not made. He encouraged attendees of the forum to not make those same mistakes.
Kosyuk, according to the MHP website, founded the company in 1998. Prior to that, in 1995 he founded the Business Centre for the Food Industry (BCFI) and was its president until 1999. BCFI operated in the domestic and export markets for grain and other agricultural products. Kosyuk graduated as a processing engineer in meat and milk production from the Kiev Food Industry Institute in 1992.
MHP, which recently released the financial results for the third quarter and first nine months of the company’s 2018 fiscal year, is largest broiler company and animal feed company in the Ukraine.
According to the WATTAgNet Top Poultry Companies Database, MHP slaughters 312 million broilers annually, and holds a 50 percent domestic market share, while also expanding its export markets. It ranks seventh among European poultry companies and 27th among poultry companies worldwide.
As a feed company, MHP produces nearly 2 million metric tons of feed on an annual basis. The company has three feed mills.