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3 min read

Average Manufacturing Wages for Chicago, IL in 2021

By Steven Calhoun on Dec 30, 2020 10:08:00 AM

Do you ever wonder if what you’re paying workers is why they never seem to stick around?

Maintaining a strong team is hard enough without workers leaving for better pay down the street. Maybe you’ve started to consider changing the compensation you offer, but it’s a big headache to figure out what’s fair or even competitive.

That’s why we’ve gathered the average manufacturing and logistics wages for Chicago, Illinois in the most common roles in these industries. 

Topics: labor cost US Manufacturing
2 min read

The True Cost of Hourly Labor

By Carter Stanley on Jan 7, 2020 11:06:46 AM

I spent the early part of my career in Corporate Finance for many recognizable names in consumer goods manufacturing, and no matter how sophisticated the financial reporting system was, figuring out what hourly labor truly cost was always quite an exercise. If answering this seemingly simple question is difficult for a large Fortune 100 company to answer, it is not surprising that many of the businesses I talk to on a weekly basis simply are not educated on the true cost of their “$10/HR” labor.

Topics: On-Demand Labor Better Workforce Labor Intelligence Next Generation Workforce Digital Manufacturing On-Demand Technology Veryable Marketplace for Labor labor cost