Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
AARP urges New York State to create retirement plan for private-sector workers who lack them
AARP New York is urging New York State to “take advantage” of a new federal rule allowing states to create automatic enrollment, retirement-savings plans for employees who work at businesses that don’t currently offer a retirement plan. AARP on Aug. 25 praised the finalization of a U.S. Department of Labor rule that confirms states can […]
EBRI study: low-income workers in high-deductible health plans avoid some care
Low-income workers who switch to high-deductible health plans with health savings-accounts (HSAs) are more likely than their higher-paid colleagues to avoid certain types of health care. That’s according to new research that the Employee Benefit Research Institute (EBRI) recently released. Based in Washington, D.C., EBRI describes itself as a “private, nonpartisan, nonprofit research institute that
Afraid You’ll Be Forced to Work in Retirement?
That may not be so bad. Many older Americans who once dreamed of lounging around the house in retirement instead are waking up each morning to get ready for work. A recent Pew Research Center study showed that the percentage of Americans 65 and over who are still employed is on the rise, having reached
New York State DOL Issues Regulations on Payroll Debit Cards
On Sept. 7, the New York State Department of Labor adopted regulations governing the payment of employee wages by any method other than cash or check, including direct deposit and payroll debit cards. The purpose of the new rules, which will become effective on March 7, 2017, is to ensure that workers who are paid
Projecting Your Income Needs in Retirement
If you want to retire comfortably, how much do you need to save before you can leave your job? You’ve probably heard that you’ll need to replace a certain percentage of your income to sustain your lifestyle in retirement. Financial experts estimate that percentage could be anywhere from 60 to 90 percent, or even more.
Saab Defense and Security to add 50 jobs after winning $38.1 million Navy contract
DeWITT, N.Y. — Saab Defense and Security USA LLC said it plans to add 50 new jobs at its DeWitt site in the coming months
Eric Mower named board co-chair for Business Council of New York State
ALBANY, N.Y. — The Business Council of New York State announced it has appointed Eric Mower, chairman and CEO of Eric Mower + Associates (EMA),
NBT Bank splits marketing, corporate communications functions
NBT announced that Thomas J. McEntee has joined the bank as senior VP and chief marketing officer. He is leading the bank’s marketing function, developing
KeyBank names Holcomb, Madigan CNY area retail leaders
SYRACUSE, N.Y. — KeyBank announced that it has named Jason Holcomb and Michael Madigan, Jr. area leaders for retail banking for the Central New York
CNY region unemployment rates decline in August compared to a year ago
Unemployment rates in the Syracuse, Binghamton, Utica–Rome, Ithaca, and Watertown–Fort Drum metro areas fell in August compared to a year ago, according to the latest
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.