January 18, 2019

HORRORS OF THE TRUMP ECONOMY: Skills Gap Gives Workers Unprecedented Power, Perks. “A survey from CareerBuilder reports 25 percent of employers in manufacturing have lost revenue due to unfilled vacancies, and many are offering extended overtime pay to existing workers as they struggle to keep production lines running. Difficult-to-fill production jobs now command a wage premium, partially in an attempt to lure job seekers who might prefer other fields. Industrial engineers and other tech-savvy factory jobs offer four or five times the salary of a floor assembly role. Another key benefit workers have been able to negotiate as their value rises is on-site and in-role training. Employers who could previously depend on trained and certified workers to arrive at interviews are increasingly willing to offer training and certification to less-qualified but more readily available entry-level workers. Training is often paid and may reduce onboarding time by training participants for specific roles and proprietary systems.”

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