Once the foundation of our nation’s economy, the manufacturing industry is again ascendant, profitable and growing. Yet it’s facing a new challenge: recruiting skilled talent with a shrinking talent pool. As baby boomers retire, fewer early and mid-career workers are entering the sector, fearing the lingering tarnish of the economic downturn’s layoffs.
But today’s manufacturing workforce isn’t the same as it was a decade ago. Transformed by technology, opportunities for skilled positions with better pay and advancement potential abound. It’s time to entice talent to the sector.
*This is not local, state or federal tax advice as each person and company is unique. It is recommended that you seek the independent counsel of a professional tax adviser.