Partnership’s annual Member Pulse Report sheds light on concerns of Buffalo Niagara region employers
What are the top concerns of employers in the Buffalo Niagara region?
The Partnership’s annual Advocacy & Members Survey posed such questions and the resulting Member Pulse Report released recently has some answers. The Member Pulse Report summarizes the findings of the survey which asked members about their perceptions of the business climate in Buffalo Niagara and New York State, as well as their top concerns as an employer in the region.
“The annual member survey is a key driver of the Partnership’s work in government affairs and economic development, addressing the top issues facing businesses in Buffalo Niagara,” said Dottie Gallagher, President and CEO. “The survey findings ensure we have an accurate reading on the pulse of area business as we plan and implement our advocacy agenda for the coming year.”
The Member Pulse Report identifies the top three concerns of area employers as:
1. Difficulty finding qualified employees
2. Current market conditions
3. Government regulations
Workforce challenges jumped to the top of the list of concerns – up from the third spot last year.
- Half of the respondents identify workforce as a current pain point
- Nearly 50 percent report difficulty in achieving a diverse workforce.
Also, according to the survey:
- More than 80 percent of respondents have a very favorable or favorable perception of Buffalo Niagara’s business climate.
- However, three quarters of the survey respondents think New York State’s business climate has either not changed or is becoming less business friendly.
- The report also summarizes findings about hiring and growth by area employers, healthcare costs, and the cross-border economy with Canada.
To read the complete Member Pulse Report, click here.