Conducting Living Wage Analysis for Manufacturing Company
Client:
$1.5 billion privately-owned manufacturing company
Opportunity:
In a competitive labor market, a large manufacturing company sought better ways to recruit and retain talent. They initiated an employee engagement initiative and realized that they needed to analyze employee wages and benefit programs as part of the work.
Solution:
Uplift conducted a comprehensive analysis of the company’s pay for 5,000 manufacturing employees in relation to the local living wage. The analysis compared client’s wages to competitors in each market and leveraged The MIT Living Wage Calculator.
Outcomes:
Wage increases in three key markets
Increased employee engagement and retention
Improved recruitment efforts