Full Report - Kossuth County Economic Development

As Figure 19, on the previous page, shows there is a disparity between the median annual salaries ofrespondents likely to change employment and those content with their current posion ($4,000/yr). Thosewho changed jobs in the past year cited employer layoff/relocaon (31.3%), beer wages (25.0%), familyreasons (12.5%), beer hours (6.3%), career change (6.3%), personality conflicts with former employer/coworkers (6.3%), respondent was fired from previous employment (6.3%) and working condions (6.3%) asthe primary reasons for change.Figure 20 reflects those who are currently employed willing to change and the esmated wage range requiredto aract 66 percent to 75 percent of the hourly wage applicants by industry. The wage threshold of allemployed residents who are “very likely” or “somewhat likely” to change employment is esmated to be$18.72 to $20.00 per hour regardless of industry. Salaried employees willing to change employment have athreshold of $50,000 to $60,000 per year.Figure 20Wage Threshold by IndustryIndustryWage ThresholdNon Salary(per hour)Agriculture *Construction *Manufacturing $20.00 ‐ $21.00Transportation, Communication & Utilities *Wholesale & Retail Trade $11.88 ‐ $12.71Finance, Insurance, Real Estate & Professional *Healthcare & Social Services *Entertainment, Recreation & Personal Services *Government & Public Administration *Education $12.30 ‐ $12.75* Insufficient survey data/refusedAnother comparison to consider is the employed respondents’ lowest wages considered based on gender.Figure 21 provides the lowest wages considered between the genders.Figure 21Comparison of Lowest Wages Considered by GenderLowest Median Wage/SalaryCons ideredMale FemaleLowest Median Hourly Wage $ 19.00 $ 11.50Lowest Median Yearly Salary $ 50,000 $ 40,000In many Laborshed areas, there is a discrepancy between the lowest wages considered of males and females.This holds true in the Kossuth County Laborshed area when looking at hourly wage rates of those who arewilling to change employment without regard to specific industry. The lowest median hourly wage thatfemales would consider is 39.5 percent less than that of males. Likewise, the median salary females wouldconsider is 20.0 percent less than that of males. Some of the disparity may be explained by the differences inthe occupaonal and industrial categories of the respondents, nevertheless discrepancies sll exist.Kossuth County Laborshed Analysis 14 Released March 2013