Idaho s economy is comprised of more than 38,000 businesses, the vast majority of which are small. Small businesses in Idaho face challenging staffing issues. Idaho s small companies are battling to attract new workers, while also fighting to keep valued employees on board. This is extremely challenging in a labor environment wherein larger companies can typically afford higher wages and more extensive benefits packages. One advantage of smaller employers is the greater opportunity for people to develop their skills in a broad range of areas.
Employees typically feel a greater sense of accomplishment.
Providing immediate feedback, giving unexpected rewards, and strengthening benefits programs can be powerful tools in retaining quality talent once on board. Tighter labor availability will remain a challenge for Idaho employers, both large and small. Construction activity will remain at a solid pace, while Idaho s high-tech sector will strengthen. Stronger global performance should benefit most Idaho employment sectors. In addition, the state should draw new investment in coming years, tied to a greater awareness of Idaho s quality of life be it at work or play.