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

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 [...]

By |2021-10-01T09:58:49-05:00October 1st, 2021|Economic Development, Governments|Comments Off on How Washington County’s October 7th Event Will Tear Down Key Barrier to Workforce Recruitment and Retention

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

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 [...]

By |2021-09-15T15:02:53-05:00September 15th, 2021|Economic Development, Workforce Analytics|Comments Off on Why Offering Hiring Bonuses Might Not Be the Winning Strategy You Think it Is

What’s Next in the Battle for Workforce Talent?

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 [...]

By |2021-06-02T13:38:51-05:00May 27th, 2021|Economic Development, Workforce Analytics|Comments Off on What’s Next in the Battle for Workforce Talent?

Is Your Company Leaving Money on the Table?

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 [...]

By |2021-04-12T15:30:07-05:00April 12th, 2021|Economic Development, Financial|Comments Off on Is Your Company Leaving Money on the Table?

3 Steps to Successfully Approach Workforce Attraction

Companies recognize that today’s front on the war for economic development is talent retention and recruitment and have decided to make this core to its strategic pursuits.  Laying important foundations to address the gap between job growth and available workers is key to taking the next step in your growth initiatives. Below are 3 [...]

By |2021-02-15T09:56:38-06:00February 11th, 2021|Economic Development, Financial, Site Selection, Workforce Analytics|Comments Off on 3 Steps to Successfully Approach Workforce Attraction

Economic Outlook for 2021

“Rubbing the Crystal Ball”2020 was a challenging year that most of us would prefer to put in the rear-view mirror.  Economic development in Washington County, however, continued to be strong.  Significant development projects in 2020 added 103 new jobs and resulted in more than $29,169,837 in new capital investment.View Top Projects in 2020 West [...]

By |2021-01-28T13:19:13-06:00January 25th, 2021|Economic Development, Financial, Site Selection, Workforce Analytics|Comments Off on Economic Outlook for 2021

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