American Society of Employers’ (ASE’s) Quarterly Economic & Employment Survey results for second quarter 2016 reflect continuing positive business outlook for Michigan employers

The American Society of Employers (ASE), one of the nation’s oldest and largest employer associations, has released its 2016 Quarterly Economic & Employment Survey – Second Quarter results. The findings remain positive for Michigan, with employers continuing to expect a stable or even improved business outlook.

Highlights of ASE’s 2016 Quarterly Economic & Employment Survey – Second Quarter:

• The percentage of Michigan employers who believe their business outlook will not change or will improve over the next six months is 88%, consistent with first quarter 2016 and fourth quarter 2015 results.
• The percentage of employers who expect hiring levels to remain the same over the next six months remains strong at 63%; also encouraging, almost 25% of employers are planning to ramp up hiring over the next six months.
• Violation of workplace polices as a reason for involuntary separations is up 11% from first quarter 2016 survey results, but 2% lower than was reported in the second quarter of 2015.
• Personal reasons as a reason for voluntary separation decreased 11% from the first quarter of 2016 and, at 46%, is the lowest it has been in the past twelve months.
• Retirement as a reason for separation decreased by 9% from last quarter after steadily increasing over the past two quarters.
The survey results were announced by ASE President and CEO, Mary E. Corrado.

“It’s always interesting to see the nuggets of employment trend data that emerge from ASE’s quarterly surveys,” Corrado said. “The data point showing a drop in retirements reflects a material shift over survey findings from the previous two quarters. This will be an important statistic to follow throughout 2016.”

Background information on the ASE 2016 Quarterly Economic & Employment Survey – Second Quarter

• 116 organizations from across Michigan participated.
• Organizations with one to 500 Michigan employees made up more than 80% of the survey sample, while organizations with 501 to 1,000 Michigan employees represented just over 5% of the sample. The remaining 13.6% of the sample comes from organizations with more than 1,000 Michigan employees.
• A variety of industries are represented, with manufacturing organizations representing just over 60% of the survey sample.

To obtain a copy of ASE’s 2016 Quarterly Economic & Employment Survey – Second Quarter, contact ASE’s Compensation and Benefits Surveys department at surveys@aseonline.org or 248.353.4500. This survey is available free of charge to ASE members, and is $525 for non-members.

About the American Society of Employers (ASE) – a Centennial Organization
The American Society of Employers (ASE) is a not-for-profit trade association providing people-management information and services to Michigan employers. Since 1902, member organizations have relied on ASE to be their single, cost-effective source for information and support, helping to grow their bottom line by enhancing the effectiveness of their people. Learn more about ASE at www.aseonline.org.

American Society of Employers’ (ASE’s) Quarterly Economic & Employment Survey results for first quarter 2016 reflect stable business outlook for Michigan employers

The American Society of Employers (ASE), one of the nation’s oldest and largest employer associations, has released its 2016 Quarterly Economic & Employment Survey – First Quarter results. Although slightly tempered, the news continues to be good for Michigan, with the percentage of Michigan employers who believe their business outlook will not change or will improve over the next six months remaining consistent at 88% – only 2% below the average over the past year. The percentage of employers who believe their six-month outlook will not change is 61%, the highest it’s been in the past 12 months.

Highlights of ASE 2016 Quarterly Economic & Employment Survey – First Quarter:

• Although the business outlook is not expected to improve as much as in recent quarterly surveys, the number of Michigan employers expecting to increase hiring or keep hiring levels consistent over the next six months has remained stable at 88%, the same number as fourth quarter 2015 and just 3% lower than a year ago. Only 5% expect to freeze hiring and 8% plan to decrease hiring.
• After being above 40% for the past three quarters, violation of workplace polices as a reason for involuntary separations is back down to 28%, the same as one year ago.
• Lack of job satisfaction as a reason for voluntary separations is the highest it has been in the past year at 30%, after a consistent increase from 16% a year ago.

The survey results were announced by ASE President and CEO, Mary E. Corrado.

“Our quarterly economic and employment surveys are a barometer of Michigan’s business climate and it’s good to find employers generally positive about the economy,” Corrado said. “It’s interesting that employee job satisfaction, or lack thereof, as a reason for departing an employer is at a twelve-month high. It is a reminder that top performers crave the things that add up to job satisfaction: challenging work, active mentorship and a vibrant culture.”

Background information on the ASE 2016 Quarterly Economic & Employment Survey – First Quarter
• 129 organizations from across Michigan participated.
• Organizations with one to 500 Michigan employees made up more than 80% of the survey sample, while organizations with 501 to 1,000 Michigan employees represented almost 5% of the sample. The remaining 14.5% of the sample comes from organizations with over 1,000 Michigan employees.
• A variety of industries are represented, with manufacturing organizations representing nearly 60% of the survey sample

To obtain a copy of ASE’s 2016 Quarterly Economic & Employment Survey – First Quarter, contact ASE’s Compensation and Benefits Surveys department at surveys@aseonline.org or 248.353.4500. This survey is available free of charge to ASE members, and is $525 for non-members.

About the American Society of Employers (ASE) – a Centennial Organization
The American Society of Employers (ASE) is a not-for-profit trade association providing people-management information and services to Michigan employers. Since 1902, member organizations have relied on ASE to be their single, cost-effective source for information and support, helping to grow their bottom line by enhancing the effectiveness of their people.

Learn more about ASE at www.aseonline.org.

American Society of Employers’ (ASE) Quarterly Economic & Employment Survey results for third quarter see ongoing positive business outlook for Michigan

Livonia, Mich. —Dec. 14, 2015 — The American Society of Employers (ASE), one of the nation’s oldest and largest employer associations, has released its 2015 Quarterly Economic & Employment Survey – Third Quarter results. The news is good for Michigan, with the majority of respondents seeing the state’s business climate remaining stable or improving in the next six months.

Highlights of ASE 2015 Quarterly Economic & Employment Survey – Third Quarter:
• The percentage of Michigan employers who believe their business outlook will improve over the next six months remains in the mid-thirties, while 55% of employers see their six-month outlook remaining stable.
• In keeping with an overall positive outlook, 85% of Michigan employer respondents are expecting to increase or keep their hiring levels consistent over the next six months. Only 7% expect to freeze hiring and 8% are planning to decrease hiring.
• The voluntary turnover percentages reported in the third quarter are among the highest seen by ASE in all of 2015 – further confirmation that Michigan employers are hiring.

The ASE 2015 Quarterly Economic & Employment Survey – Third Quarter findings were announced by ASE President and CEO, Mary E. Corrado.

“When it comes to the Michigan business climate these survey finding reflect more of the same, and that’s a very good thing,” Corrado said. “The high voluntary turnover rate also points to corresponding high levels in hiring, meaning the opportunities for Michigan job seekers with the right skills are plentiful now.”

Background information on the ASE 2015 Quarterly Economic & Employment Survey – Third Quarter
• 131 organizations from across Michigan participated.
• Organizations with one to 500 Michigan employees made up more than 83% of the survey sample, while organizations with 501 to 1,000 Michigan employees represented nearly 7% of the sample. The remaining 10% of the sample come from organizations with over 1,000 Michigan employees.
• A variety of industries are represented, with manufacturing organizations representing nearly 57% of the survey sample. The remaining 43% are represented by trades and services organizations.

To obtain a copy of ASE’s 2015 Quarterly Economic & Employment Survey – Third Quarter, contact ASE’s Compensation and Benefits Surveys department at surveys@aseonline.org or 248.353.4500. This survey is available free of charge to ASE members, and is $525 for non-members.

About the American Society of Employers (ASE) – a Centennial Organization
The American Society of Employers (ASE) is a not-for-profit trade association providing people-management information and services to Michigan employers. Since 1902, member organizations have relied on ASE to be their single, cost-effective source for information and support, helping to grow their bottom line by enhancing the effectiveness of their people. Learn more about ASE at www.aseonline.org.

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