“Brain Drain” still a concern to Hoosiers


August 26, 2011

News Release

Indianapolis, Ind. —Indiana business confidence has fallen to 62 percent, steadily declining over the past two studies from a high of 67 in February, according to the Business Confidence Index. The BCI is a measure of the overall confidence Indiana business leaders and employees have in their company’s opportunity for growth and success in the coming 12 months.

“There is too much uncertainty at the national level right now for executives to feel truly confident in where things are headed,” said Gerry Dick, president of Grow INdiana Media Ventures LLC and host of Inside INdiana Business with Gerry Dick. “Until things begin to stabilize, I am concerned the BCI will stay at this level or even drop in the future.”

The INdiana Business Council’s latest study on work force measured how Hoosiers feel about their jobs and companies. Nearly 1,400 members of the statewide, online panel responded to the survey. Results include:

• Two-thirds of the Council are considered “truly loyal“ to their companies, meaning they plan to remain and have a positive attitude about the organization.

• The “brain drain” also surfaced as an issue with Council members. Nearly three-quarters (73 percent) agreed top talent leaving Indiana is a problem. Less than one-third were positive when asked if the state is doing a good job of keeping recent college graduates.

• Thirty percent of those surveyed cite “not being a good fit” with the company as the reason why they left their previous job; 24 percent say it was a conflict with their supervisor.

To receive more information on the study or to apply to participate on the council, visit www.INdianaBusinessCouncil.com.

The INdiana Business Council is an online panel of approximately 4,000 Indiana business professionals that are surveyed on important business and economic issues throughout the year. Feedback from the panel is analyzed, interpreted and published by Walker and Inside INdiana Business. The INdiana Business Council is a partnership between Inside INdiana Business and Indianapolis-based Walker.

About Inside INdiana Business
More people get their Indiana business news from Inside INdiana Business than from any other source. With a fully-integrated portfolio of television, radio, Internet and permission-based email products, Inside INdiana Business is trusted by an educated and affluent audience around Indiana and the globe. Headquartered in Indianapolis, Inside INdiana Business’ platform of daily business news products can be watched, heard and read in Indiana, Michigan, Illinois (including Chicagoland), Ohio and Kentucky as well as business centers worldwide.

About Walker
Walker Information, Inc. is a privately held consulting firm specializing in customer loyalty and related customer strategies, including innovative approaches to accelerate growth and increase profitability. Helping businesses for 70 years, the firm provides tailored, comprehensive solutions to help companies obtain, segment, value, retain, and grow customers. Walker works with some of the world’s most influential businesses as well as emerging organizations of all sizes. For more information, please visit www.walkerinfo.com.

Source: Inside INdiana Business