Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Employers start implementing state’s wage-notification law
Under the new state Wage Theft protection Act (WTPA), employers across New York have from Jan. 1 to Feb. 1 to deliver wage notices to all their employees. “It’s not a new requirement,” says Lesley Frey, director of human resources at Binghamton–based Columbian Financial Group, which has a Syracuse–area office. Rather, it’s an expansion (voted into […]
Vernon, Tioga Downs report rise in revenue in 2011
VERNON — American Racing and Entertainment ended 2011 with strong gains at its two racetrack and casino operations — Vernon Downs and Tioga Downs. Vernon Downs, located at 4229 Stuhlman Road, generated a net-revenue increase of $1.1 million, or 2.6 percent, at its casino operations, according to a news release issued by American Racing. Casino
CareerBuilder Survey: temporary and contract hiring to increase in 2012
About 36 percent of American businesses will hire contract or temporary workers in 2012, up from 34 percent in 2011, 30 percent in 2010, and 28 percent in 2009, a new national survey finds. Of the companies hiring temporary or contract workers this year, 35 percent have plans to hire them on a permanent basis.
Elmira Savings to buy Empower branch office
ELMIRA — Elmira Savings Bank will open a new branch in Big Flats. Elmira Savings entered into an agreement with Empower Federal Credit Union to purchase its building at 971 County Route 64, according to a news release. Financial terms of the deal were not disclosed. “We are excited about securing a branch location in
Preparation is vital to keep a family business flourishing
What can help a family-owned business avoid fulfilling the proverb of “Shirtsleeves to Shirtsleeves in three generations,” and instead keep growing into the fourth and fifth generations of the business? We don’t have to look very hard to see many successful second- and third-generation family businesses in our community. Some statistics say that only a
SALINA — Polaris Library Systems added more customers and library locations in 2011, finishing the year with a total of 59 signed contracts, up from
Welch Allyn fills two chief officer spots
SKANEATELES FALLS — Welch Allyn has appointed two employees to chief officer positions, the medical-device manufacturer said today. The company named Scott Gucciardi executive vice
Community Bank to pick up 19 First Niagara, HSBC branches
DeWITT — Community Bank System, Inc. (NYSE: CBU) of DeWitt announced plans today to acquire 19 HSBC and First Niagara branches later this year for
Insurers settle with A.G. over online in-network lists
Eight health insurers have agreed to maintain accurate provider directories on their websites as part of a settlement with the state attorney general’s office. The
Businesses expect growth in 2012, but uncertainty remains
SYRACUSE — Although employment in the region is up 1 percent, businesses remain uncertain about the future and legislative, regulatory, and policy issues still dominate
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.