Posted by: Dan OsterIndustrial Specialist
775 336 4665
As a member of the
Industrial Properties Group, Dan has participated in the sales and
leasing of a wide variety of Industrial properties from 1,000 to 700,000
sqft in Northern Nevada. Dan's primary goal is to provide unsurpassed
customer service to the clients he represents.Observation #4: Lower Cost of Higher Quality Employees
Your calendar just interrupted our riveting analysis of
taxation... you've got to conduct a series of job interviews this morning!
You're adding a new shift, so you're taking applications for new forklift
operators, warehouse supervisors, and a new warehouse manager (you've been
promoted to Regional VP for your brilliant recommendation to move distribution
to Reno). According to Salary.com, you're pleased with the quality of
applicants, and even more excited to find out average wages in Reno are 7%
lower for the same positions in L.A. If your annual wage cost is $300,000 at
our hypothetical company, you're saving an average of $22,000 per year!
But you're struck less by the cost savings for employees and
more by their maturity. One CA to NV convert recently shared the following with
me. In CA we could only hire people who still lived at home because they
couldn't support a household on what we could pay. In NV, we get a much higher
quality worker because they are typically grown up and supporting a family.
They work harder and stick around much longer.
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