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Labor Shortages in Manufacturing by the Numbers

Written by Carrie Davis-Bredeweg | Feb 14, 2024 12:27:35 AM

The labor shortage numbers and worker turnover rates prove that people do not want to work in repetitive, low-skill jobs. All manufacturers, including small to medium-sized, could utilize turnkey solutions to automate their palletizing process. Implementing robotic processes, like palletizing allows manufacturers to open the door to empower individuals, enhance productivity, and foster adaptability.

 

The Labor Shortage

The labor shortage is especially acute in manufacturing. Labor intensive, and repetitive jobs like palletizing,  are hard to fill-let alone keep folks motivated in monotonous roles. There is a real cost to hiring workers. According to Zippia, hiring costs can be significant:

 

  • The average cost to hire is $1,633 per job opening
  • HR spends 15% of its budget on recruiting
  • It takes an average of 39 days to fill a role
  • Training costs businesses between $650-$1,100 per year
  • It takes an average of 12 days for a new employee to reach their productivity potential

Amidst hiring challenges, increasing costs and shortened turnaround times, it's clear that specific labor shortages must be addressed. Our partners at Robotiq have written a blog that is well worth your time to read over. 

 

Please read the full article on Robotiq's blog