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LAG's LaborPlanTM is a unique, sophisticated supply and demand analysis designed to help corporate real estate, operations and HR organizations examine the sustainability and positioning of labor force across their portfolio.
The analysis can be used for:
- Expansion and consolidation strategies
- Skill set optimization
- Wage and attrition positioning
- Capacity planning
- Lease term justification
- Merger and acquisition evaluation
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CBRE LAG works with operations, HR and/or corporate real estate to understand the expected labor supply, competitive demand and labor force drivers in each location. This customized analysis is sculpted around the desired skill set(s) of the company and benchmarks over 785 occupations including wage and employment levels for 3,792 cities.
The result estimates the relative risk associated with a labor force and ability to support an operation including evaluating the longevity of the market and sensitivity to scalability, attrition, competition and market changes, giving an objective and statistical view of operational strategy and recommendations. Comparing longevity across a portfolio enables companies to quantify and prioritize a proactive strategy around where they expand or consolidate and the relative elasticity of the labor market. The result is an objective analysis that reduces risk, manages costs, and takes the emotion out of workforce decisions.
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