The benefits of belonging are not always quantifiable. Small victories often quietly take place with a broad, but difficult-to-measure impact.
While that holds true for some of the ways your Indiana Chamber works to maximize your investment, the annual Return on Investment provides tangible takeaways on what lobbying efforts and policy victories at the Statehouse mean to your bottom line.
“During the 2020 General Assembly session, the Chamber’s advocacy efforts resulted in savings of $1.285 billion for Hoosier businesses – or $468 dollar per employee,” notes Brock Hesler, the Chamber’s vice president of membership and Foundation relations. “Those figures don’t include the value of our COVID-19 pandemic Road to Recovery resources.”
The Chamber team played a lead role in defeating a broad range of mandates, including several that would have unnecessarily raised labor and health care costs. It also spearheaded successful efforts to reduce health expenses, improve tax procedures and enhance economic development.
One of the more controversial bills (HB 1414) of the session would have increased electrical costs for nearly all ratepayers. It passed, but the costly provisions were mitigated.
View a breakdown of bills and savings at www.indianachamber.com/roi.
“We believe members should get more out of their membership than what they financially put into it. The annual return on investment delivers real dollar savings that go directly to a companies’ bottom line, which is even more important in these unprecedented times,” Hesler emphasizes.
“Our legislative advocacy work is vital to Indiana remaining one of the best states in the country in which to do business.”
The Chamber has released a Road to Recovery Policy Agenda to help achieve both short-term relief and long-term economic growth for Hoosier businesses and their workforce.