Too often companies and consultants rely on publicly available labor shed surveys and documents.
Greater analysis needs to be done in the following sequence:
First, we ask each community to provide examples of local employers with jobs/skills like what we projected in our labor pro forma. This provides a more accurate comparison of whether we will be a lower/higher paying employer in the area.
Second, we seek a minimum of 3 employers within proximity of the proposed location to conduct one-on-one ‘HR interviews.’ It is important to conduct the interviews company-to-company, eliminating any outside influences or biases. It is invaluable for our clients to get feedback from business owners, upper management and/or HR Directors as to what their experience with the labor market is and how they feel the proposed jobs –quantity, skill sets and proposed pay scale –will fit into the market.