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3 Ways to Invest in the Next Generation

According to the National Kitchen and Bath Association, 41% of skilled professionals will age out or retire by 2030 and for every five boomers who retire, there’s only one person to fill those jobs. Here are steps retailers can take to ensure that future generations enter the skilled trade workforce.

  1. Team up with competitors
    Establishing relationships with competitors to grow the skilled trade workforce is mutually beneficial.
  2. Rethink your marketing
    Use your marketing budget to encourage skilled trade development in your community and bring positive attention to your business.
  3. Engage with local schools
    Hold career fairs at your store or at local schools and fund scholarships for skilled trade schools.

Trade School Perception

Trade school is often not associated with high pay or job security, which is why it is vital to educate the students in your area.

Only 11% of students think trade school leads to high-paying jobs.

Source: “The New Normal for Kitchen and Bath” presented by Bill Darcy, president and CEO of the National Kitchen and Bath Association at the 2021 NHPA All-Industry Conference


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