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TOP CONCERNS
FOR EMPLOYERS
#5 MARKET CONDITIONS
#3 LABOR COSTS
#4 TAXES
#2 REGULATIONS
LONG-TERM ECONOMIC
IMPACT OF COVID-19
DIFFICULTY FINDING/
RETAINING QUALIFIED
TALENT
COVID-19’s impact was the #1 concern for
employers in 2020, indicating that pandemic-
related economic fears have have largely subsided.
Workforce issues returned to the top spot.
thepartnership.org/advocacy
Top Concerns
- Fall 2021 -
MEMBER PULSE REPORT
Highlights from the Buffalo Niagara Partnership’s Annual Advocacy & Member Survey
#1
#6
Workforce Concerns Dominate
Vaccinating Our Workforce
Regional Assets
96%
SAY THE BUFFALO BILLS HAVE A
POSITIVE IMPACT ON OUR REGION
COST OF LIVING IS THE TOP ASSET
EMPLOYERS HIGHLIGHT WHEN RECRUITING
OUT-OF-AREA CANDIDATES
#1 Employers ranked a lack of qualified workers
as their top inhibitor of growth
30%
61%
24%
15%
83% currently have
unfilled positions
oppose government mandating
COVID-19 vaccines for employees
77% plan to add additional
employees this year
have educated & answered employee
questions about the vaccine
70% say a lack of qualified workers has inhibited
their ability to grow in the region
have hosted a vaccination drive
on a company site
45% say they will raise salaries
to address labor shortages
have offered incentives to employees
who get vaccinated
17.90%
ARE PLANNING OR CONSIDERING
ALLOWING EMPLOYEES TO
WORK REMOTELY
LONG TERM
SEE THEIR NEED FOR
OFFICE SPACE
DECREASING
OVER THE NEXT 2-5 YEARS
71% 23%
77%
23%
6%
5%
30%
71%
Looking Forward to 2022
Changes in the Workplace
Add new
employees
Expand
current location
Delay planned
investment
Decrease
employees
Open location
outside of area
Expand products
and services
Cross Border Economy
HAVE BEEN NEGATIVELY IMPACTED
BY THE U.S.– CANADA BORDER
CLOSURE, A 23-POINT
INCREASE FROM LAST YEAR
57%
thepartnership.org/advocacy
- Fall 2021 -
MEMBER PULSE REPORT
Highlights from the Buffalo Niagara Partnership’s Annual Advocacy & Member Survey
24-POINT INCREASE FROM LAST YEAR
20-POINT IMPROVEMENT FROM LAST YEAR
HALF OF LAST YEAR’S AMOUNT
Economic Recovery
saw an increase in sales/revenue,
a 28-point improvement from last year
project a decrease in revenue next year,
a 47-point improvement over last year
ONLY 6%
46% $
Revenues are rebounding after the relaxation of
government restrictions. Employers are optimistic
that the economic damage caused by COVID-19 is
largely behind us barring another shutdown.
believe New York is
becoming MORE BUSINESS
FRIENDLY, showing
no improvement
from last year
have a favorable or very
FAVORABLE PERCEPTION
of Buffalo Niagara’s
business climate
Up 14 points since
last year
73%
Business Climate
ONLY
7%
The BNP surveys its membership each year to gauge pain points, areas of
concern and obstacles to growth. As the regional chamber of commerce,
the BNP uses this information to inform and shape our government affairs
and economic development work, specifically the development of its annual
Advocacy Agenda which details the federal, state and local policy priorities of
Buffalo Niagara employers.
ABOUT THE SURVEY

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BNP's 2021 Member Pulse Report

  • 1. TOP CONCERNS FOR EMPLOYERS #5 MARKET CONDITIONS #3 LABOR COSTS #4 TAXES #2 REGULATIONS LONG-TERM ECONOMIC IMPACT OF COVID-19 DIFFICULTY FINDING/ RETAINING QUALIFIED TALENT COVID-19’s impact was the #1 concern for employers in 2020, indicating that pandemic- related economic fears have have largely subsided. Workforce issues returned to the top spot. thepartnership.org/advocacy Top Concerns - Fall 2021 - MEMBER PULSE REPORT Highlights from the Buffalo Niagara Partnership’s Annual Advocacy & Member Survey #1 #6 Workforce Concerns Dominate Vaccinating Our Workforce Regional Assets 96% SAY THE BUFFALO BILLS HAVE A POSITIVE IMPACT ON OUR REGION COST OF LIVING IS THE TOP ASSET EMPLOYERS HIGHLIGHT WHEN RECRUITING OUT-OF-AREA CANDIDATES #1 Employers ranked a lack of qualified workers as their top inhibitor of growth 30% 61% 24% 15% 83% currently have unfilled positions oppose government mandating COVID-19 vaccines for employees 77% plan to add additional employees this year have educated & answered employee questions about the vaccine 70% say a lack of qualified workers has inhibited their ability to grow in the region have hosted a vaccination drive on a company site 45% say they will raise salaries to address labor shortages have offered incentives to employees who get vaccinated
  • 2. 17.90% ARE PLANNING OR CONSIDERING ALLOWING EMPLOYEES TO WORK REMOTELY LONG TERM SEE THEIR NEED FOR OFFICE SPACE DECREASING OVER THE NEXT 2-5 YEARS 71% 23% 77% 23% 6% 5% 30% 71% Looking Forward to 2022 Changes in the Workplace Add new employees Expand current location Delay planned investment Decrease employees Open location outside of area Expand products and services Cross Border Economy HAVE BEEN NEGATIVELY IMPACTED BY THE U.S.– CANADA BORDER CLOSURE, A 23-POINT INCREASE FROM LAST YEAR 57% thepartnership.org/advocacy - Fall 2021 - MEMBER PULSE REPORT Highlights from the Buffalo Niagara Partnership’s Annual Advocacy & Member Survey 24-POINT INCREASE FROM LAST YEAR 20-POINT IMPROVEMENT FROM LAST YEAR HALF OF LAST YEAR’S AMOUNT Economic Recovery saw an increase in sales/revenue, a 28-point improvement from last year project a decrease in revenue next year, a 47-point improvement over last year ONLY 6% 46% $ Revenues are rebounding after the relaxation of government restrictions. Employers are optimistic that the economic damage caused by COVID-19 is largely behind us barring another shutdown. believe New York is becoming MORE BUSINESS FRIENDLY, showing no improvement from last year have a favorable or very FAVORABLE PERCEPTION of Buffalo Niagara’s business climate Up 14 points since last year 73% Business Climate ONLY 7% The BNP surveys its membership each year to gauge pain points, areas of concern and obstacles to growth. As the regional chamber of commerce, the BNP uses this information to inform and shape our government affairs and economic development work, specifically the development of its annual Advocacy Agenda which details the federal, state and local policy priorities of Buffalo Niagara employers. ABOUT THE SURVEY