The use of labor market information in strategic human resource management
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The Use of Labor Market Information in Strategic Human Resource Management. Doug Leonard, Senior Economist Wyoming Department of Employment, Research & Planning [email protected] (307) 473-3811 http://doe.state.wy.us/lmi. Topics Covered. What Research & Planning is and what it does

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The use of labor market information in strategic human resource management

The Use of Labor Market Information in Strategic Human Resource Management

Doug Leonard, Senior Economist

Wyoming Department of Employment, Research & Planning

[email protected]

(307) 473-3811

http://doe.state.wy.us/lmi


Topics covered
Topics Covered Resource Management

  • What Research & Planning is and what it does

  • Standardized comparable compensation data

  • Custom products


Research planning
Research & Planning: Resource Management

OUR ORGANIZATION:

R&P is a separate, exclusively statistical entity.

WHAT WE DO:

R&P collects, analyzes, and publishes timely and accurate labor market information (LMI) meeting established statistical standards.

OUR CUSTOMERS:

LMI makes the labor market more efficient by providing the public and the public’s representatives with the basis for informed decision making.


Confidentiality
Confidentiality Resource Management

  • Wyoming Employment Security Law, Statute 27-3-603 Confidentiality of Information

  • PL 107-347, Title V Confidential Information Protection and Statistical Efficiency Act of 2002

  • PL 103-322 Title XXX Protection of Privacy of Information in State Motor Vehicle Records

  • Interagency Agreement with Board of Nursing

  • Memorandum of Understanding with R&P counterpart research offices in ten states

  • Memorandum of Understanding with the Worker’s Compensation and Safety Division of the Department of Employment

  • Memorandum of Understanding with the Vital Statistics section of the Department of Health

  • Memorandum of Understanding with the Defense Manpower Data Center (Pentagon)



Research & Planning’s Website Resource Management(http://doe.state.wy.us/LMI)

P. Ellsworth, DOE R&P, 5/17/2007


Example wage rates for the casper metropolitan statistical area
Example: Wage rates for the Casper Metropolitan Statistical Area.

P. Ellsworth, DOE R&P, 5/17/2007


Example quarterly census of employment wages qcew
Example: Quarterly Census of Employment & Wages (QCEW) Area.

P. Ellsworth, DOE R&P, 5/17/2007


Wyoming qcew data by county
Wyoming QCEW Data by County Area.

P. Ellsworth, DOE R&P, 5/17/2007


Qcew data for natrona county by industry
QCEW Data for Natrona County by Industry Area.

P. Ellsworth, DOE R&P, 5/17/2007


Occupation and skill projections

Combination of two data elements: Area.

Occupational Employment Statistics staffing pattern (see slide 17)

Current and projected QCEW employment levels (shown on slides 9 & 10)

Occupation and Skill Projections


Source: Glover, T. (2006). Industries and occupations with a demand for skilled workers. Outlook 2010 Revisited:

Wyoming’s Labor Market at Mid-Decade.


Source: Glover, T. (2006). Industries and occupations with a demand for skilled workers. Outlook 2010 Revisited: Wyoming’s Labor Market at Mid-Decade.


National compensation resources
National Compensation Resources demand for skilled workers.


17 demand for skilled workers.


18 demand for skilled workers.


19 demand for skilled workers.


20 demand for skilled workers.


21 demand for skilled workers.


22 demand for skilled workers.


23 demand for skilled workers.


24 demand for skilled workers.


Custom data products
Custom Data Products demand for skilled workers.


Research planning surveys
Research & Planning Surveys demand for skilled workers.

Benefits Survey


Workforce planning study

Workforce Planning Study demand for skilled workers.

Doug LeonardSenior EconomistWyoming Department of EmploymentResearch & Planning

PO Box 2760Casper, WY 82602

(307) 473-3811

[email protected]


Labor flows workers 55 years old
Labor flows: demand for skilled workers. Workers <55 years old

28


What we found
What we found… demand for skilled workers.

  • Management or career advancement training most important to workers <44 years of age

  • Occupations of concern...

  • Employees were the least satisfied with compensation

  • 70% of DOE employees leaving in 12 months are female and 58.9% have comparatively low wages


What we found1
What we found… demand for skilled workers.

  • Willingness to train other employees

  • “More respect from management”

  • “…speak our minds without fear of reprisal.”


Labor supply issues
Labor Supply Issues demand for skilled workers.


33 demand for skilled workers.


Loss of 44,253 workers in five years demand for skilled workers.


Loss of 45,127 workers in five years demand for skilled workers.


Although female workers’ fortunes have improved somewhat, the pattern remains the same as in 1992


Commuting patterns

Affect locality of consumption for : the pattern remains the same as in 1992

Goods

Services

Can be a predictor of relocation

Commuting Patterns


42 the pattern remains the same as in 1992


Imported labor
Imported Labor the pattern remains the same as in 1992


Nursing study
Nursing Study the pattern remains the same as in 1992


Worker s compensation claims
Worker’s Compensation Claims the pattern remains the same as in 1992


Wyoming worker s comp 2004 total claims
Wyoming Worker’s Comp, 2004 the pattern remains the same as in 1992Total Claims

  • Total Claims in 2004: 16,165

  • Registered Nurses: 331

  • Licensed Practical and Licensed Vocational Nurses: 69

  • Nurse Aides, Orderlies, and Attendants: 431

  • Number of Claims for Three Occupations: 831

  • Claims for Three Occupations as a Percent of Total Claims: 5.1%


In summary
In Summary…. the pattern remains the same as in 1992


Scouting for potential labor
Scouting For Potential Labor the pattern remains the same as in 1992

In-state

Out-of-state


Out of state
Out-of-state the pattern remains the same as in 1992

See what’s out there before you take aim


How do we keep the employees we have now? the pattern remains the same as in 1992


Make an investment the pattern remains the same as in 1992

  • Compensation package

  • Training

  • Longevity incentives


Use LMI to find your trophy employee! the pattern remains the same as in 1992


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