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Here’s how evaluating site locations through the labor lens can help reduce recruitment, retention and training costs while boosting employee productivity and operational efficiency.
As a business leader, you’re almost surely familiar with the phrase, “Go where the talent is.” This saying holds especially true when planning your industrial real estate strategy.
Industrial real estate and labor are in high demand now due to the increase in U.S. manufacturing. And given the fierce war for talent, it’s critical to consider the availability and sustainability of the labor pool when vetting a location. By prioritizing workforce considerations during the location search process, you’re more likely to find a market with a stable labor pool, which reduces costs associated with recruitment, retention, and training. Beyond cost savings, it also can boost labor productivity and operational efficiency.
Read this guide to break down the process of evaluating locations through the talent lens, allowing you to pave the way for business success. It will help you:
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