Today, Lisa Ventriss, President of Vermont Business Roundtable (VBR) and Jeffrey Carr, President, Economic & Policy Resources (EPR), announced the Q4 2017 outlook results of their joint initiative, the VBR/EPR Business Conditions Survey and Index.
The latest survey, which was conducted during the first two weeks of October 2017, achieved a response rate of 68 percent overall and included a 50 percent or greater response rate from 10 of 15 represented sectors within the membership. Survey results show that:
- Roughly two-thirds of respondents (63%) shared negative outlooks specifically with ease of hiring for available positions, improved from the previous survey (71%);
- Approximately two-thirds of responses to the question about the state’s overall business climate outlook were neutral (63%), a decline from the previous survey (48%). The remaining responses were split between positive and negative, 19% and 18%, respectively.
- The information sector had the most optimistic outlook on the general business climate (100% optimistic), while the education sector had the least optimistic outlook (50% neutral, 50% pessimistic). This is the second quarter in a row that the information sector led in optimism about the general business climate.
Continue reading “VBR & EPR Release 4Qtr Outlook Survey Results, Showing Continuing Neutral Outlook [11.9.17]”
A recent review of public retirement and healthcare plans by Pew Charitable Trusts shows that many U.S. jurisdictions are on an unsustainable path.
Vermont is in the middle of the pack relative to other states, but it can legitimately be argued that Vermont’s risks are greater than other states. And it’s imperative that Vermont, with a $3.6 billion unfunded liability, not join the growing list of states with severe benefit problems. Continue reading “Ventriss VPR Commentary on Pension Reform [10.25.17]”
Today, Lisa Ventriss, President of Vermont Business Roundtable (VBR) and Jeffrey Carr, President, Economic & Policy Resources (EPR), announced the Q3 2017 outlook results of their joint initiative, the VBR-EPR Business Conditions Survey and Index.
The latest survey, which was conducted during the first two weeks of July 2017, achieved a response rate of 71 percent overall and included a 50 percent or greater response rate from 12 of 15 represented sectors within the membership. Survey results show that: Continue reading “VBR / EPR 3Qtr2017 Business Conditions Survey Results Show Neutral Outlook [7.10.17]”
by Lisa Ventriss, President, Business Roundtable
The Roundtable and strategic partners in the Vermont Talent Pipeline Management project (VTPM) are heavily involved in the roll out of two employer collaboratives, one in construction and the other health care, aimed at increasing the availability of and access to skilled workers for the most critical roles in these vital industries. Taken together, over 50 geographically-diverse companies have agreed to engage in a demand planning process that creates short-term projections of job openings based on a set of assumptions chosen by the employers. Those data will be aggregated and talent flows analyzed to determine where their best hires are being produced, then competencies and credentials will be communicated to the education and training provider communities across Vermont with the express goal of closing our workforce gaps. Already, 40+ public/private/not for profit educators and workforce training providers have stepped forward to indicate their strong willingness to partner on VTPM.
The enthusiasm and commitment to this project from groups around the state has been extremely gratifying. VTPM is a pillar of the Agency of Commerce’s strategic work plan; the State Workforce Development Board (SWDB) has endorsed this initiative; and the J. Warren and Lois McClure Foundation, a supporting organization of the Vermont Community Foundation, has awarded funding during our pilot phase. The Roundtable has adopted college and career readiness and VTPM as our strategic foci for the next several years. Indeed, the flywheel has begun spinning in a more coordinated fashion. Continue reading “Ventriss Op-ED: Summer Study: Connecting Business, Educators, and Students to Prime Vermont’s Talent Pipeline”
SOUTH BURLINGTON, VT – The Vermont Business Roundtable, through its VBR Research & Education Foundation, was awarded a grant of $10,000 from the J. Warren and Lois McClure Foundation to advance the work of the Vermont Talent Pipeline Management Project (VTPM).
“The Roundtable is grateful for this support, which comes at a crucial point early in the life of the VTPM project and lends credibility to our efforts to improve the employability of Vermont students, to improve alignment of employer needs with education and workforce programs, and grow Vermont’s economy, “ said Roundtable President Lisa Ventriss. Continue reading “Roundtable Receives Grant from the J. Warren & Lois McClure Foundation to Support Vermont Talent Pipeline Management Project [6.13.17]”
Today, Lisa Ventriss, President of Vermont Business Roundtable (VBR) and Jeffrey Carr, President, Economic & Policy Resources (EPR), announced the Q2 2017 outlook results of their joint initiative, the VBR-EPR Business Conditions Survey and Index. Continue reading “VBR / EPR 2Qtr2017 Business Conditions Survey Results Show Neutral Outlook [5.15.17]”
WASHINGTON, D.C. — The U.S. Chamber of Commerce Foundation announced today the second cohort of participants in its Talent Pipeline Management Academy, a program supported by a $2.5 million grant from USA Funds. Talent Pipeline Management (TPM), the U.S. Chamber Foundation’s signature workforce development initiative, is a new way of addressing the nation’s skills gap by positioning employers in a more central role as key customers of postsecondary education and training providers.
The TPM Academy consists of workshops led by the U.S. Chamber Foundation for business professionals to receive instruction on talent pipeline strategies and guidance for implementation. The Academy will provide participants with a curriculum, technical assistance, and a peer-to-peer learning network. Plus, a next generation of software tools and applications will be developed over the course of the Academy in order to support ongoing implementation of signature TPM strategies. Continue reading “U.S. Chamber Foundation Convenes Talent Pipeline Management Academy: VT TPM Team Attends [2.10.17]”
Report: Investing in high-quality early childhood programs would yield strong returns & deliver significant benefits to Vermont’s economy
Every additional dollar invested would yield a $3.08 return
The VBR Research & Education Foundation (VBR Foundation) released a report today, titled Vermont’s Early Care and Learning Dividend, which details the Vermont-specific return on investment the state stands to gain by increasing public funding for high-quality early care and learning programs.
“Numerous national studies have shown that investments in early childhood yield strong returns. Our report looked at what those returns would look like in Vermont. What we found is that every additional dollar Vermont invests to expand high-quality early care and learning programs would yield a return of $3.08,” said Lisa Ventriss, president of the Vermont Business Roundtable. Continue reading “VBR Foundation Releases Report on Vermont’s Early Care and Learning Dividend [2.6.17]”
BURLINGTON, Vermont – Mercy Connections is pleased to share that Lisa Ventriss, President and CEO of Vermont Business Roundtable, will be this year’s recipient of the Catherine McAuley award. The award will be bestowed at Mercy Connections Annual May Luncheon on May 4, 2017.
Each year the Board of Directors selects a person who exemplifies mercy values and the example of Catherine McAuley, foundress of the Sisters of Mercy. This year, the board will honor Lisa Ventriss with the Catherine McAuley award. Continue reading “Mercy Connections to Honor VBR President Lisa Ventriss [2.1.17]”
Business Associations Join Together:
Request President Trump to Rescind His Executive Order Regarding the Issuance of Visas
Vermont business associations representing small, medium and large, businesses and their employees across Vermont finds the recent Executive Order signed by President Trump to be contrary to the economic and humanitarian values that have defined our state and our country since its inception. The statement is issued jointly by the Lake Champlain Regional Chamber of Commerce (LCRCC), the Vermont Business Roundtable (VBR), the Vermont Businesses for Social Responsibility (VBSR), and the Vermont Chamber of Commerce (VCC).
As a state whose history is steeped in the legacy of those fleeing religious and political oppression, and as a state whose history is woven throughout the American Revolution’s fight for personal liberty and freedom, our Associations reject the underlying assumption that one’s race, religion or culture should create an automatic bar to entry into our country. Continue reading “Roundtable Joins LCRCC, VBSR and Vermont Chamber to Request President Trump to Rescind Executive Order on Visas [2.1.17]”