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2017CITY OUTLOOK
Past, Present and FutureEvolution and the Changing Charlotte Landscape.
Promote Charlotte
Our Business
Talent Challenges at CRVA and in Hospitality
Find better people faster
Develop the next generation of leaders
Build a remarkable culture of high performance
Create memorable customer experiences
Inspire, motivate and retain our workforce
Promote Charlotte!
Evolution of HR Role
Risk, Liability, Regulations
Tech threat to productivity
10 yrs
Need to have a SEAT
at THE TABLE
8 yrs HR has to be Strategic5 yrs
Digital HR
Tech is tool
Data-driven, Metrics
CULTURE
Now
Growing Service Sector Economy
Source: U.S. Bureau of Labor Statistics
2007 – 2017 Employment Change
Source: Moody’s Analytics
Strong Employment Growth Continued
Population Growth is Filling Jobs
Source: U.S. Census Bureau
2010 – 2016 Population Change
Charlotte is Attracting Millennials
Source: U.S. Census Bureau
Charlotte is Attracting National Talent
Source: U.S. Census Bureau
Charlotte has Become More Diverse
58.3
32.7
41.7
51.6
34.9
48.4
0
10
20
30
40
50
60
70
White/Caucasian Black/African American All Non-White
2000 2015
Source: U.S. Census Bureau
Educational Attainment Increases
84.9
36.4
88.8
46.1
86.7
29.8
0
10
20
30
40
50
60
70
80
90
100
High School or Higher Bachelor's Degree or Higher
2000 2015 U.S. Avg.
47% of new residents have a BA/BS or more
Source: U.S. Census Bureau
EconomicDevelopment
We shape:
• our place to live
• our business landscape
• the perception of Charlotte
3.88
3.89
3.98
4.05
4.23
4.32
4.36
4.41
4.46
3.50 3.70 3.90 4.10 4.30 4.50
Low Utility Costs
Air Transportation
Managerial Workers
Low Tax Burden
Competitive Incentives
Business-friendly Government
Skilled Workers
Competitive Labor Costs
Low Operating Costs
Factors that Open Doors
Source: DCI
2.95
3.33
3.36
3.50
3.57
3.62
3.75
3.76
2.70 2.90 3.10 3.30 3.50 3.70 3.90
Diversity of Population
Low Cost of Living
Quality of Life
Supply Partners
Good K-12 Education
Training Programs
Entry-level Workers
Real Estate Costs
Talent Attributes Close Deals
Source: DCI
Charlotte’s Perception Drives Talent