110, 2021

How Washington County’s October 7th Event Will Tear Down Key Barrier to Workforce Recruitment and Retention

By |October 1st, 2021|

The national “war for talent” begins here.  On Thursday, October 7th, Washington County will unveil a unique cloud-based, interactive report that graphically captures the how and why both rental and owner-occupied housing is one of your company’s top barriers to recruiting and retaining workers. Next Generation Housing Event with County Executive, Josh Schoemann EDWC’s Senior Director of Consultative Services, Dan Anhalt, will present findings at a Next Generation Housing event hosted by County [...]

1509, 2021

Why Offering Hiring Bonuses Might Not Be the Winning Strategy You Think it Is

By |September 15th, 2021|

It seems as if every billboard and building is advertising hiring bonuses in an effort to attract a limited labor pool. As labor supply issues continue, many organizations have increased starting pay. We currently see this within many Washington County organizations. Without addressing those compression issues through wage market-level adjustments, the practice of hiring bonuses and increased wage levels for new hires can create significant discord among long term employees. This creates the [...]

2705, 2021

What’s Next in the Battle for Workforce Talent?

By |May 27th, 2021|

Last fall we looked at the rising number of online job postings, the increase in remote work opportunities and the decline of the unemployment rate in Wisconsin from 6.3% in August to 5.4% in October. Well, the unemployment rate for the state of Wisconsin has now declined to 3.9%, without the labor participation rate rising dramatically (https://jobcenterofwisconsin.com/wisconomy/pub/whatsnew and Emsi). For Washington County that labor participation rate has remained 65-66 percent of the total [...]

1204, 2021

Is Your Company Leaving Money on the Table?

By |April 12th, 2021|

Inflationary pressures make this question more than a “gut check.” Rising supply chain costs – if you can even find the inputs you require – are all too real. Vendors are tightening payment standards; interest rates are on the move upward; and federal stimulus is only making matters more frenzied. So, if your company was offered cash at 3.5% interest, fixed for 10 years, subordinate to others in your capital stack and thus effectively [...]

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