This can often mean a more transient talent pool and lower-wage jobs. The tourism and hospitality industries also play a critical role in the region’s economy. In this region, we have major employers, like GE, PPD and Corning, as well as top health care providers and terrific academic institutions. LADIG: The Cape Fear region is unique in that there is an amazingly diverse collection of employers here, as well as a unique quality of life not available in many other places. Employers have access to big city business resources with the small-town coastal life for employee’s family life. What makes the Cape Fear region’s employment market unique and/or beneficial? WAREN: Our employment market is unique because of our location and quality of life. We asked a panel of area experts for their advice on effectively managing human resources to ensure overall company success. Balancing a high local cost of living with pay rates that are lower than in comparable areas and offering the right incentives to retain the right employees – all while juggling policy, procedure and health insurance paperwork – can be a challenge. The foundation for a lasting and thriving organization is most often built on the creation of a clear company culture that is embraced and practice by a dedicated team of employees.īut sustaining staff buy-in and ensuring longevity as a company grows and evolves is a bit more complex.
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