FabFitFun - Proposal

OUR PROCESS

PHASE 1 – DETAILED STATISTICAL COMPARISON The comprehensive labor study begins with an assessment to rank order locations on their basis of anticipated labor supply, demand and projected costs specific to facility job functions.

Considerations:

+ + 4 Peak Seasons

+ + 300-400 Full-Time Employees

+ + 1,000-1,200 Temporary Labor

+ + Manufacturing Background

+ + New Business Verticals

Purpose:

+ + Screen and identify finalist locations for additional due-diligence (e.g. labor market interviews, occupancy negotiations, and cost analyses)

Content + Deliverable:

+ + A desktop evaluation and index-rating comparison of prospective locations

+ + Projected labor costs and differentials/savings between the prospective locations

+ + Executive dashboard of key market findings and supporting thematic maps

PHASE 2 – EMPLOYER INTERVIEWS The next step in the labor consulting process involves field studies and employer interviews to further understand the real-world operating environment for the specific business needs.

Purpose:

+ + Field-validate Phase 1 findings through peer company employer interviews

+ + Confirm top-performing locations from a labor market perspective and reveal risks

Content + Deliverable:

+ + Aggregate information gathered from employer interviews

+ + Provide insight on local wage offering, applicant volume, quality, attrition, unionization, benefits practices, etc.

PEER REVIEW + VALIDATION OF STRATEGY

As a vertically integrated strategic partner, Cushman & Wakefield’s labor consulting group would be pleased to conduct a peer-review and provide comments and/or recommendations to the approach. If the C&W labor consulting group determines that the studies/reports are insufficient for the depth of the project, our team will prepare an a la carte menu of offerings to supplement any missing information and support full visibility.

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