More Business Leaders Predict Growth for 2017

Number of Leaders Expecting Exponential Growth Increases Year Over Year

TORONTO, ONTARIO - (Marketwired - Dec. 28, 2016) - Express Employment Professionals released new poll results today revealing business leaders' business performance predictions for 2017.

Employers were asked, "What are your business performance predictions for 2017?" on the Refresh Leadership blog for executives and business leaders. Of 133 respondents, 58 per cent said, "We will see moderate growth." Another 21 per cent predict "exponential growth," while 17 per cent expect to "remain steady, but unchanged." Five per cent say they "will likely experience a decrease in business activity."

"This shows business leaders are overall more optimistic at the end of 2016 than they were at the conclusion of 2015. Fewer are predicting a decrease in business activity, while more are predicting exponential growth," said Bob Funk, CEO of Express.

In 2015, 50 per cent of respondents anticipated moderate growth and 16 per cent predicted exponential growth.
In a corresponding poll on the Movin' On Up blog for job seekers and those starting their careers, 77 readers answered the question, "What are your job market predictions for 2017?" A slim majority of readers, 27 per cent, said "Up and up! I'm definitely getting a job offer or promotion this year." This is an increase from 2015 when 18 per cent of respondents indicated they expected a new job or promotion.

The next highest percentage of readers, 26 per cent, responded with "It's good enough to test the waters and see what else is out there for me." The percentage of respondents selecting this option dropped from 2015, when the number was 34 per cent.

"These results are an encouraging sign as we head into the New Year," Funk said. "The six per cent increase in the number of business leaders expecting to see 'exponential growth' provides an optimistic outlook that companies will be hiring and growing in 2017.

This optimism comes on the heels of a fourth quarter hiring trends survey of 293 employers where 64 per cent of respondents indicated the current employment market is trending up.

To view the graphics associated with this release, please visit the following links:

If you would like to arrange for an interview to discuss this topic, please contact Kellie Major at (613) 222-7488.

About Robert A. Funk

Robert A. "Bob" Funk is chairman and chief executive officer of Express Employment Professionals. Headquartered in Oklahoma City, the international staffing company has franchises in the U.S., Canada and South Africa. Under his leadership, Express has put more than 5 million people to work worldwide. Funk served as the Chairman of the Federal Reserve Bank of Kansas City and was also the Chairman of the Conference of Chairmen of the Federal Reserve.

About Express Employment Professionals and Express in Canada

Express Employment Professionals puts people to work. It generated $3.02 billion in sales and employed 500,002 people in 2015. Its long-term goal is to put a million people to work annually. Express launched in Canada in July 1996, with a franchise in London, Ontario, and since then, has expanded and grown across Canada significantly. There are currently 36 Express franchises in Canada - five in British Columbia, five in Alberta, two in Saskatchewan, 23 in Ontario and one in Nova Scotia.

SOURCE Express Employment Professionals 

Media Contacts:

Kellie Major

Sherry Kast




comments powered by Disqus

Franchise News Room »

News By Industry »

Featured Opportunities

AAMCO Transmissions and Total Car Care
AAMCO franchisees benefit from joining a brand that has been in business for over 50 years. Our iconic, Double A, Beep Beep, M-C-O mnemonic brings...
Founded in 2015, StretchLab was established in Los Angeles, California to fulfill the vision of creating an affordable assisted stretching concept...
The Simple Greek
The Simple Greek is redefining the traditional Greek restaurant with an interactive concept that combines premium ingredients, open kitchens and...
Colors On Parade
Mobile Vehicle Repair. We repair Paint Scratches, Dents, Dings & Interior non-collision damage. Our clients are Auto Dealers, Fleets and...
Caring Senior Service
Join a unique franchise with over 25 years of experience and the most comprehensive support and training system in our industry. There will never be...
Share This Page

Subscribe to Express

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2018.
All Rights Reserved.