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In today's modern manufacturing world, traditional skills that emphasize more analog controls and machinery are being outpaced as automation in the workforce rises. With this new shift – automation and artificial intelligence (AI) being at the forefront – the future workforce needs technological know-how to keep up with the evolution of work.
After losing an estimated 1.4 million jobs at the beginning of the pandemic, the manufacturing industry is struggling to hire back entry-level and skilled workers alike. Additionally, almost 25% of the manufacturing workforce is 55 or older. As these Baby Boomers retire – taking their experience with them – there aren’t enough people entering the trades to fill their positions.
Company culture has a profound impact on employee engagement, morale, productivity, and overall business success. Classic research by Kotter demonstrates that when cultures are more effective, organizations see payoffs in revenue growth, retention, and net income.
Finding skilled trade workers right now is no easy task, given the ongoing shortage of skilled workers. As an employer, your job description isn’t “recruiter” or “HR manager.” But not having enough workers to keep up with production is a major problem that needs solving—and this blog does just that.
Finding top talent in the trades is getting harder and harder as the skilled trades shortage continues. That said, employers must be intentional about employee retention to keep their best performers. In this blog, we answer several questions about the cost of replacing an employee:
One study found that attracting and retaining a quality workforce is a top focus for 83% of manufacturers today. But in this tight labor market, employers are focused on reducing turnover in manufacturing more than ever. If you want to know how to reduce turnover in manufacturing, take note of these eight key strategies:
With the shortage of skilled workers, employers in the trades are struggling to maintain production levels. But they’re not alone; employers across industries are experiencing a labor shortage. In this blog, we’ll discuss the following:
Given the tight labor market, finding skilled trade workers is a challenge. Multiple factors have led to the shortage of skilled workers in many trade industries:
Whether you’re starting a new company or looking to add new employees to your team, you need to know how much the hiring process will cost. There are many factors to consider, from the costs associated with marketing the position to onboarding and training.
The labor market tightness has been felt across the United States. But what does it mean when the labor market is “tight”? In this blog, we discuss the tight job market, factors that affect the job market, and how to find workers (and work) when the job market is tight.