Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Health-benefit costs rose 3.4% in 2020 for firms with 50-plus employees
Total health-benefit costs rose 3.4 percent, on average, in 2020, reaching $13,674 per employee among all U.S. employer health-plan sponsors with 50 or more employees.
VIEWPOINT: Managed Accounts in 401(k) Plans & the Choice they Offer Plan Advisers
In a recent PlanAdviser magazine article, it was reported that a participant in Nestlé’s 401(k) Savings Plan had filed a proposed class-action lawsuit. It alleged
KeyCorp names Fiala head of corporate responsibility
KeyCorp (NYSE: KEY), parent of KeyBank, recently announced that it has appointed Eric Fiala as head of corporate responsibility. In this role, Fiala oversees the
Insurers mandated to suspend preauthorization requirements
The New York State Department of Financial Services (DFS) on Dec. 13 issued a letter directing insurers to suspend certain preauthorization and administrative requirements to
New Yorkers can use new paid sick-leave benefits under new state law
New Yorkers can begin using sick-leave benefits under the state’s paid sick-leave law that took effect Jan. 1. The new law secures paid sick leave
VIEWPOINT: From Employee To Entrepreneur: Becoming Your Own Boss in 2021
Maybe you have dreamed of launching your own business for years but couldn’t summon the nerve — or the capital — to pull it off.
VIEWPOINT: Ask Rusty: I’m 66. When Should I Claim Social Security?
Dear Rusty: I’d like to get advice on when I should begin taking my Social Security benefit. I turned 66 in October 2020. Signed: Pondering
VIEWPOINT: Who’s the New Boss? How to Avoid Succession-Planning Mistakes
Many corporations have endured a rough 2020 that included the designations of top executives at some major brands. Will their replacements be ready? It’s a
Broome County couple busted for using counterfeit cash to buy car
BINGHAMTON, N.Y. — New York State Police in Binghamton announced that they recently arrested a couple for purchasing a vehicle using counterfeit money. On Nov.
Kublin to retire as CEO of BPAS; Neveu and Hulse to succeed
UTICA, N.Y. — BPAS — a provider of retirement plans, benefit plans, fund administration, and collective investment trusts — will have new leadership in 2021.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.