Manufacturing & Engineering Strategic Relocation Analysis

A leading manufacturer in the casting and machining industry needed to relocate its facility. The key challenges were to retain its 55-person skilled workforce and accurately assess the talent availability in 8 potential new locations within a 50km radius. The company faced the complex decision of choosing the optimal location while minimizing risks to their existing operations and workforce stability.

BALANCED HR delivered a dual-scenario analysis to address both workforce retention and talent acquisition challenges. Scenario A focused on employee retention, providing a detailed HR strategy with communication plans, commute assistance, and motivation tools to help retain the existing 55-person skilled workforce during the relocation process. Scenario B provided a multi-factor analysis of new talent pools in the 8 potential locations, evaluating competitors, applicant databases, and educational institutions in each area. The analysis included comprehensive labor market demography data, salary benchmarking for the region, and job attractiveness assessments comparing different regions. The solution also incorporated detailed unemployment statistics by district, showing total applicants, ready-to-work candidates, graduates, and those with industrial experience, along with unemployment rates for each potential location.

The client received a data-driven scoring model ranking each potential location by its hiring potential. This comprehensive analysis included salary benchmarks and future job attractiveness data, empowering them to make a confident and strategic decision while minimizing risks and maximizing opportunities. The analysis provided detailed labor market demography showing unemployment data across 8 districts, with metrics including total applicants (ranging from 716 in Púchov to 3,073 in Žilina), ready-to-work candidates, graduates, industrial experience levels, and unemployment rates (ranging from 2.07% in Trenčín to 3.71% in Kysucké Nové Mesto). The solution enabled the client to make an informed decision based on concrete data about talent availability, salary expectations, and regional economic outlook including gross nominal wages growth forecasts for Slovakia.