Go to South Dakota, young man (and woman)
As jobless rates sink, employers feel a shift in labor market
Bruce Yakley just ignited a firestorm in South Dakota by bluntly telling a newspaper that his manufacturing company can’t keep hourly workers because millennials don’t seem to value hard work.
Yakley, CEO of a truck trailer manufacturer called Trail King Industries based in Mitchell, complains about young workers showing up late or declining to work overtime when two more hours would get an order out the door. And nothing bugs him more than never knowing at the start of a shift just how many of them will decide to skip work that day.
(snip)
To the obvious question of whether Trail King just needs to pay more, Yakley said someone out of high school makes $13.50 per hour. Trail King provides bonuses for attendance and retention, and another bonus for referring an employee who stays an entire year. Profit-sharing checks are handed out once a quarter, and the last one was $370.
“We are above the 75th percentile in Mitchell” in compensation, he said, and with bonuses and some overtime a “20-year-old welder can make $50,000 his first year.” Maybe $50,000 isn’t a lot in the Twin Cities or Chicago, he said, but it sure is in Mitchell, where the median household income is about $43,600.
More..
http://www.startribune.com/as-jobless-rates-sink-realities-of-the-labor-market-are-shifting/303940271/
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