In-plants Face New Strategic Realities
As corporate comptrollers sharpen their scrutiny, in-plants turn to insourcing, marketing and ancillary services. Still, many hardships remain for in-plants. Here’s a candid look.
CPAs and professionals from corporate America are being hired “to shake things up” or “to turn this operation around.” Coming across financial budgets or year-ending statements that are unnecessarily difficult to understand seems to be raising their ire.
Labor costs are often higher than in the private sector. No surprise here. In-plants and corporate human resource departments have focused on the local industry labor statistics to assure that in-plant personnel are paid within the local print industry range. The longevity of in-plant print employees has traditionally exceeded that of private sector printing employees. Hence, while they are paid within the range, they are at the upper end of the range due to longevity.
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