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Employee Benefits & Human Resources

Chemung Financial board adds Tranter, Tyrell as new directors

ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) announced it has added G. Thomas Tranter, Jr., of Horseheads, and Thomas R. Tyrrell, of Loudonville, to the board of directors of Chemung Financial and its primary subsidiary, Chemung Canal Trust Company. Tranter is president of Corning Enterprises, a unit of Corning, Inc. He joined Corning in 2000

How the Little Guys Can Win In Today’s David-and-Goliath Business World

Before the Internet, small companies didn’t stand a chance against the Goliaths. That’s because no war can be won without intelligence and, before the digital era, collecting actionable data and information about one’s competitors, market, and customers cost a lot more than most small businesses — the Davids — could afford. But today, the Davids

Mackenzie Hughes forms practice group to help employers who hire foreign nationals

SYRACUSE — An increasing number of foreign nationals are coming to the United States for jobs these days, and that means employers hiring them need to be on top of the regulations and paperwork required for such employment. That’s why Syracuse–based law firm Mackenzie Hughes LLP recently formed a practice group specifically dedicated to immigration

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EBRI survey: Retirement-savings confidence rebounds

Americans’ confidence in their ability to afford a comfortable retirement has recovered somewhat from the record lows of the past five years. That’s according to the 24th annual Retirement Confidence Survey (RCS) that the nonprofit Employee Benefit Research Institute (EBRI) released on March 18. However, it doesn’t appear the findings are the result of improved

Every Business Owner Should Start a 401(k) plan

In President Obama’s new budget proposal, he suggested taxing the historically pretax 401(k) contributions of about half a million people. Some business owners are reticent to start defined-contribution plans for their employees because of this proposal. But the president’s hope to restrict the plans should actually make owners more interested in creating one. Obama’s suggested

Complying with the Nonprofit Revitalization Act’s rules

New York Governor Andrew Cuomo signed the Nonprofit Revitalization Act of 2013 last December. Even though the law represented the first major revisions to New York Not-For-Profit Corporation law in over 40 years, all I could say was, “Here we go again!” — with all due respect to Ronald Reagan who first made that phrase

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