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Category: Cost of Vacancies

  Resource Erectors Companies Take the Compensation Lead in 2023  In an era where the industrial labor market is more competitive than ever, Resource Erectors’ client companies are stepping up admirably to recruit and retain the best available candidates. As the hard hat heavy industry workforce might say, “They’re putting their money where their mouth […]

  It’s not a new story for us here at Resource Erectors. Heavy industry has been facing human resource shortfalls year after year in the 21st Century as the boomer generation retires with no one behind in line to replace them. The engineer shortage is one that has its roots in the Great Recession, way […]

“More and more European companies are planning to expand their production in U.S. facilities or relocate their manufacturing to the U.S., especially for products requiring energy-intensive production.” – Industrytoday.com In the industrial world, events are on the move in the summer of 2023. As Elon Musk’s prolific X marks the spot where Twitter used to […]

Calculating COV: The Business Impact of Talent Shortages COV, or Cost of Vacancy, is the most critical metric for determining the actual dollar impact of vacancies in key positions for industries across the board, and according to one leading HR expert, the COV metric is one quite often neglected.

Calculating COV: The Business Impact of Talent Shortages COV, or Cost of Vacancy, is the most critical metric for determining the actual dollar impact of vacancies in key positions for industries across the board, and according to one leading HR expert, the COV metric is one quite often neglected.