WAUSAU, Wis. (WAOW) — As baby boomers retire, it creates a labor shortage.
“We have a crisis; we don’t have enough people,” Wausau Chamber CEO Dave Eckmann says.
Labor analysts call it a “Silver Tsunami,” and it creates fierce competition for workers.
“The issue is not quality but quantity,” Linetec President Rick Marshall says.
Many businesses offer incentives.
“You have to pay well and offer benefits,” Marshall says.” But profit sharing and safety rewards also help.”
Greenheck also offers an on site fitness center, medical clinic and learning opportunities.
“We have a lot of education programs and tuition reimbursement,” Greenheck Vice President of Human Resources Kathy Drengler says.
Business leaders and educators are developing a plan to strengthen the pool of workers. They plan to release it in March.
“If we are not growing our own workforce, we will lose,” Eckmann says.