(INDIANAPOLIS) — An annual Indiana Chamber of Commerce statewide workforce survey reinforces a common theme: Indiana companies are prepared to grow, but nearly three-quarters of the 526 respondents report that filling their workforce is challenging.
Economic prospects are bright. Fifty-eight percent of respondents expect the size of their workforce to increase in the next 12 to 24 months and another 38% anticipate stable employee counts. These mirror 2014 numbers (57% and 39%, respectively) and reinforce a shift from 2013 when just 36% foresaw growth and 59% looked at no changes in employee numbers.
As far as finding those employees, 74% note the challenge – with 24% reporting that “filling our workforce is our biggest challenge.” These results are a slight increase from 2014 findings of 72% indicating a challenge and 19% labeling it their biggest issue. Forty-three percent report they have left jobs unfilled in Indiana due to under-qualified candidates (a 4% increase over 2014).
“The continued positive outlook from Indiana employers is encouraging,” contends Indiana Chamber of Commerce President and CEO Kevin Brinegar. “But despite various programs and local examples of strong education-business connections, it’s clear that much more work remains to provide workers with the skills they need for today’s and tomorrow’s jobs.”
The survey, in its eighth year, is provided to Indiana Chamber members and customers throughout the state. The largest respondent groups were organizations with between 50 and 249 employees (40%), 1-49 employees (36%) and manufacturing/advanced manufacturing industries (38%). The 2015 effort was sponsored by WGU Indiana.
“It’s important to hear the voice of Indiana employers – and for educators and workforce development professionals to partner with businesses to help meet their needs,” confirms Dr. Allison Barber, chancellor of WGU Indiana. “Addressing the skills gap and preparing both students and current members of the workforce for the next phase of their careers is an essential role for all involved in this profession.”
Additional key results from the 2015 survey:
- Critical thinking skills and personal qualities (responsibility, work ethic, willingness to learn) were cited as the most challenging to find among job applicants and new hires at 56% and 55%, respectively.
- While business-education partnerships have increased, a large gap remains. Of the respondents to a question asking about different types of engagement with local K-12 and postsecondary schools, 99 (28%) organizations indicate they are not involved currently but would like to be.
- Despite an increasing state and national focus on experiential learning opportunities for students, more than 200 respondents said they do not have an internship program. Lack of time to hire and manage interns (36%) and the need for more information on starting an internship initiative (19%) were the top reasons given.
- A full 80% (45% definitely and 35% probably) indicated they would value a work ethic certificate issued by high schools that would demonstrate a student’s commitment to attendance, discipline, teamwork and other “soft skills.”
- More than three-quarters (77%) of those responding say they have no issues with job candidates expressing concerns about Indiana business locations or quality of life issues.
View the survey results at www.indianachamber.com/education.
The Indiana Chamber and its Foundation, focused on providing research and solutions to enhance Indiana’s economic future, have tools to assist employers, job-seekers and students.
IndianaSkills.com provides job supply and demand information both statewide and regionally. It utilizes current labor market data to help companies, prospective workers and students understand Indiana’s workforce landscape. Salary data, required skills and certifications, and creation of effective job descriptions are among the featured tools.
Indiana INTERNnet has been connecting students and employers for internship opportunities for nearly 15 years. The easy-to-use web site, informative Intern Today, Employee Tomorrow guide and regional partnerships will be supplemented by additional outreach programs.
“These resources are available for everyone throughout the state,” Brinegar says. “The importance of enhancing our workforce and allowing companies the opportunity to succeed at the highest levels cannot be overvalued. Outstanding Talent remains the key driver in the Indiana Chamber’s Indiana Vision 2025 economic development plan.”
The Indiana Vision 2025 Report Card update for 2015, measuring Indiana’s progress on metrics related to the 33 goals in the plan, will be released on June 18. Both the Report Card and workforce survey results, along with Outstanding Talent best practices, will be the focus of six regional forums. Five of those sessions take place between June 22 and June 30 with visits to Fort Wayne, Evansville, Indianapolis, Merrillville and Elkhart. The sixth forum will be in July in Sellersburg.
The Indiana Chamber partners with 25,000 members and investors – representing over four million Hoosiers – to achieve the mission of “cultivating a world-class environment which provides economic opportunity and prosperity.”