Bridge the Gap: 3 Ways to Attract, Retain Skilled Workers

By Andy Williams Thirty-one million U.S. skilled-trades positions will be unfilled by 2020. In the manufacturing industry, 32 percent of $1 billion-plus companies estimate they will lose more than $100 million each year as baby boomers retire during the next five years. And it’s not much rosier in construction. Executives are seeing cracks extruding from the gap, expanding closer and closer to their company’s profitable foundation, and many leaders are branching out to solve this crisis in new and innovative ways. Here are three tips we’ve employed to bridge the gap: 1) Look to new labor markets As the construction … Read more

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