© 2019 RSM US LLP. All rights reserved.
Manufacturing labor and workforce issues
Ideas to recruit, manage and retain today’s manufacturing workforce
The lack of skilled workers remains a challenge that is limiting growth. Attracting capable personnel, balancing their benefits and costs, and training younger employees as older workers retire are among the continuing workforce challenges manufacturers are facing. As a consequence, many firms are collaborating with local colleges, trade schools and high schools on training programs to nurture a workforce that can provide the skills they need for future growth. While recruiting efforts will be a priority, manufacturers also need to identify what business processes can be automated; investigate partnerships with other companies to share costs; and consider leveraging outsourcing to compensate for a lack of needed skills and services.
RSM’s Joe Brusuelas discusses the No. 1 issue facing middle market businesses: an increasing labor shortage.
Interest in apprenticeship programs is rising, and a number of initiatives are focused on launching and maintaining them.
With much of the manufacturing workforce set to retire soon, companies that make work more personally satisfying will reap the rewards.
In three key areas—employee training, safety and engagement―some companies have reaped positive returns on investment.
See more Manufacturing Insights >