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“The skilled labor shortage is one of the biggest challenges facing the U.S. economy, with 650,000 open jobs in the construction industry alone,” said Stanley Black & Decker CEO Jim Loree. “This problem existed long before the pandemic but has certainly been exacerbated by it.”
In our most recent episode, we sat down with Col. PJ Yuson, US Air Force, and discuss SkillBridge—a program dedicated to providing departing service members with job opportunities in the trades.
Check out the episode to learn more about SkillBridge, who it serves, and how your company can get involved.
Employers all over the country are saying things like, “I need construction workers ASAP.” There never seems to be enough talent to go around. Why? As younger generations enter the workforce, less and less are becoming skilled workers. To make matters worse, baby boomers are steadily retiring, creating a skilled trades shortage.
High turnover rates result in huge losses to companies of all sizes. When an employee quits, they take their training and experience with them, leaving other team members to pick up their work. It usually takes at least a month before a new person is hired, which increases employee stress, decreases productivity in the meantime, and may lower future retention rates.
In a perfect world, your business runs smoothly, you retain the best employees, and you’re always profitable. But in reality, life is unpredictable, and sooner or later, you’ll run into staffing problems.
Today, we’re talking about eight keys to onboarding. Employers often overlook the importance of onboarding and training, but it can make or break a new hire’s experience at your company. How does onboarding affect retention? Research shows that organizations with a good onboarding process improve new hire retention by 82%.
If you’re reading this, you’re likely (1) a skilled labor employer, (2) been impacted by the skilled labor shortage, and (3) are looking to hire tradesmen. So, what’s the solution? Hire a recruitment agency. Why hire a recruitment agency? That’s what this blog is all about.
In today’s podcast episode, Skilled Trades Shortage Myth, Brett and Tim discuss whether there is, in fact, a legitimate talent shortage in the trades.
Everybody talks about a “skilled labor shortage.” However, some would say that we don't really have a shortage of skilled workers; we have an incentive issue, which is an interesting way to look at it.
Before dismissing that argument entirely, we ought to look at the facts.