WDGC is frequently asked to assess HR dynamics in existing or new locations
WDGC’s innovative approach to labor market analytics provides our clients with resolutions to various types of critical operating challenges.
things to consider through labor market analytics
How competitive are we (would we be) in the local market?
How can we enhance our ability to recruit & retain qualified labor?
How large could we grow within a metro-wide labor pool?
What can we anticipate in a new labor market?
Key components of a typical WDGC labor market study embrace:
- Demographics and workforce profiles (commute-shed)
- College graduate pipelines
- Labor diversity
- Military spouses and discharged personnel
- Labor supply / quality / cost
- Competitive labor demand
- Underemployed or “hidden” labor resources
- Labor saturation of relevant skillsets
- Employer-of-choice positioning
- Best HR practices
- National recruiting appeal
- Unionization risks
- Catastrophic risk
- Market trade-offs
- Submarket selection
- Recommended actions
proprietary database
Provides the most complete and up-to-date localized labor market research available.
On-site visits
Visits to desired locations ensure all labor market attractions and red flags are uncovered.
statistical research
Market wages, applicant flows, turnover, labor quality, and competitive demand are evaluated through advanced labor market analytics.
We're Here to Help
WDGC stands ready to guide you through the alignment process to ensure that the overall site selection process advances your business objectives. Our role is flexible, we can either lead to the study team or provide selected expertise (e.g., labor market metrics) as a dedicated team member.