When a state gets good marks for workforce quality, that gets the attention of businesses outside the state that specifically want to locate their plants and offices where they can find the best staff. So a good rating such as Utah’s, or any of the other top 10 states, could easily bring in new business for those respective states.
Here are the top 10 states that CEOs voted as having the best “workforce quality” in Chief Executive’s 2016 Best & Worst States for Business.
Utah’s population has an education level that is slightly above average, according to the Utah Foundation. In a survey of its local businesses, 92% feel that Utah is on the right track for growth. Utah is close enough in proximity to California to be near other companies there, but has much lower taxes that it’s coastal neighbor. One-quarter of survey respondents felt that Utah’s work ethic was the best quality of its labor force, while 60% of the companies with an out-of-state presence said their Utah employees were more productive than their out-of-state counterparts.
“Utah is becoming a desired business location due to affordable housing, a good workforce and a less cumbersome regulatory environment,” one CEO respondent noted.
And the fact that the top 4 are in the midwest should not go without mention. Fresh air, wide open spaces, lower cost of living and midwestern values all play a role.
According to CasinoUSA.com One thing benefiting Idaho is a new tax reimbursement incentive program that provides a tax credit as high as 30% for up to 15 years on sales, payroll and income taxes, which was introduced in July 2015. A dozen companies have tapped the program so far, including Skywest Airlines, which is building a new facility in Boise, and Amy’s Kitchen, which produces organic foods in Pocatello.
Meanwhile, Nebraska spends $1.4 billion on incentive programs, more than either Idaho or Utah. In addition to the companies listed above, Nebraska is home to Berkshire Hathaway, ConAgra and Union Pacific Railway, among others.
Review the entire 2016 Best & Worst States for Business results, including individual state rankings, CEO comments, methodology and more at https://chiefexecutive.net/2016-best-and-worst-states-for-business
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
