Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Welch Allyn headquarters earns LEED gold status
After $35M renovation, building gets 2nd-highest U.S. Green Building Council certification. SKANEATELES FALLS — Medical-device manufacturer Welch Allyn’s newly renovated and expanded headquarters has received the second-highest Leadership in Energy and Environmental Design (LEED) certification, the company revealed April 2. The headquarters, which is located at 4341 State St. Road in Skaneateles Falls, is now […]
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
After $35M renovation, building gets 2nd-highest U.S. Green Building Council certification.
SKANEATELES FALLS — Medical-device manufacturer Welch Allyn’s newly renovated and expanded headquarters has received the second-highest Leadership in Energy and Environmental Design (LEED) certification, the company revealed April 2.
The headquarters, which is located at 4341 State St. Road in Skaneateles Falls, is now LEED gold certified by the Washington, D.C.–based U.S. Green Building Council. The Green Building Council has established four levels of LEED certification to recognize green buildings.
Welch Allyn showcased its redone headquarters at a ceremony marking the LEED certification. Work to renovate and expand the building wrapped up in August 2011, about three years after Welch Allyn broke ground on the project, according to the company’s director of operations, Scott Spanfelner.
The headquarters stood at 225,000 square feet before the expansion, and construction added an additional 124,000 square feet. The project also renovated 80,000 square feet in the existing building.
Syracuse–based QPK Design was the architect for the project. Montour Falls–based Welliver was the general contractor.
Renovations and expansion at the building cost $35 million. Welch Allyn did not provide a breakdown of funding sources, but the company said it received grants from Empire State Development, the New York State Energy Research and Development Authority, and National Grid. It also received tax incentives through the Onondaga County Industrial Development Agency for the project.
“We created sight lines, large open hallways, and spaces to give greater visibility to the many working functions of our facility,” Spanfelner said during the LEED certification ceremony. “We created large windows and views into [the manufacturing space] in light of our pride as a manufacturer and to provide better visibility and connection to the other business functions in the facility.”
Design elements aimed at minimizing the building’s environmental impact and earning LEED certification include reflective roof materials that limit demand on cooling systems and low-flow water fixtures. The building’s lighting systems also sense natural light coming in through windows and adjust the intensity of lighting as needed.
“We significantly incorporated natural light through skylights and perimeter glass coupled with advanced control systems to automatically adjust high-efficiency powered lighting based on the amount of natural light available,” said Julie Shimer, Welch Allyn president and CEO.
The building’s energy use has increased by just 8 percent, while its size has grown by 55 percent, according to Welch Allyn. Its water consumption has decreased by 25 percent, the company said.
In addition, Welch Allyn transplanted more than 100 trees that had been growing in the expansion’s footprint. And more than 70 percent of construction materials used in the project were manufactured within 500 miles of Welch Allyn.
“When it comes to being environmentally sensitive, ecologically aware, and energy efficient, this building and the renovation of the existing building have done some wonderful things,” said Eric Allyn, co-chair of Welch Allyn’s board of directors. “We’re not here pushing an environmental angle because it’s a fad.”
More than 1,200 employees work at the building. It houses 160,000 square feet dedicated to manufacturing and operations supporting manufacturing.
The headquarters building also has a customer-service center and space dedicated to product development and administration. In addition, the building houses a fitness center and a cafeteria for employees.
S. Richard Fedrizzi, the president, CEO, and founding chair of the U.S. Green Building Council, was on hand to make note of the building’s LEED gold certification. Fedrizzi is a native of Camillus.
Welch Allyn was founded in 1915. The company has 2,750 employees in 26 different countries. Its manufacturing operations are in Skaneateles Falls; Beaverton, Ore.; Tijuana, Mexico; Navan, Ireland; and Jungingen, Germany.
New Center-State strategy aims to boost exports
SYRACUSE — A new regional strategy developed by CenterState CEO in a partnership with the Brookings Institution aims to double the Syracuse metro area’s exports in the next five years. The area’s exports already total $3.3 billion and while that may seem like a large number, it lags behind other regions, CenterState CEO President Robert Simpson
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
SYRACUSE — A new regional strategy developed by CenterState CEO in a partnership with the Brookings Institution aims to double the Syracuse metro area’s exports in the next five years.
The area’s exports already total $3.3 billion and while that may seem like a large number, it lags behind other regions, CenterState CEO President Robert Simpson says. Exports account for about 8.7 percent of the Syracuse area’s gross metro product. The national average is about 11 percent.
Local businesses simply can’t turn away international markets, even though many remain hesitant to make the leap into exporting, Simpson says.
“We’ve got to move that number,” he says.
CenterState announced the project with Brookings, a Washington, D.C.–based public policy think tank, in June. Syracuse is one of four pilot cities to participate in the organization’s Metropolitan Export Initiative.
The others are Los Angeles, Minneapolis-St. Paul, and Portland, Ore.
CenterState announced the new plan and its three core strategies at its annual meeting April 4. The strategies include increasing export activity among the region’s top exporters, focusing on small and mid-size companies, and expanding service exports.
In practice, that means undertaking steps like streamlining export assistance to create one location for companies seeking help with international sales, Simpson says. CenterState also plans to develop profiles of some top international markets with data on growing industries and demand.
Simpson says many smaller firms feel they don’t have the resources to undertake international market research. The country profiles will help them get started.
And many of the region’s top exporters have agreed to take businesses new to international sales on trips overseas so they can learn.
“I think you ignore global markets at your peril,” says Amy Liu, senior fellow and co-director of the Brookings Metropolitan Policy Program. “There is huge wealth and a broad set of customers outside the U.S.”
Just 1 percent of all U.S. companies sell anything outside the country, Liu adds. Exporting, she says, isn’t in the DNA of American firms.
Businesses are naturally hesitant about working internationally given cultural and language roadblocks, Liu says. And for decades, U.S. companies enjoyed a thriving domestic market.
That’s not something they can rely on anymore, she notes. Companies can’t afford not to participate in the booming growth in nations like China, Brazil, and India.
Groups like CenterState CEO have close relationships with companies in local metro areas and can help connect them with services on the state and federal level, Liu adds. Making exporting a bigger part of the economic development conversation is a key step in boosting international sales everywhere.
Brookings estimates that every $1 billion in increased export sales creates 5,000 new jobs. The sales also contribute to 1 percent to 2 percent higher wages for workers.
Emerging Business Competition winner
Also at the CenterState annual meeting, the group announced MicroGen of Ithaca as the winner of the $200,000 grand prize in this year’s Creative Core Emerging Business Competition. The contest seeks to honor the region’s most innovative and growth-oriented company.
The firm’s technology harvests the energy created by vibrations for use in a variety of applications. The company is developing a line of micro-power sources to extend rechargeable battery lifetimes.
MicroGen had been a finalist in two previous years of the competition.
Past winners of the competition include Sound Reading Solutions, Widetronix, e2e Materials, and Mezmeriz, all based in Ithaca, and BrandYourself.com of Syracuse.
Homer startup plans building-control system
HOMER — A startup company in Homer is nearing launch of a new type of control system for building power systems. Cortland Research, LLC launched in 2011. The firm is a portfolio company of the Clean Tech Center at the Syracuse Technology Garden. Cortland Research currently employs four, including its president, Steve McMahon. The firm
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
HOMER — A startup company in Homer is nearing launch of a new type of control system for building power systems.
Cortland Research, LLC launched in 2011. The firm is a portfolio company of the Clean Tech Center at the Syracuse Technology Garden.
Cortland Research currently employs four, including its president, Steve McMahon. The firm just completed a proof-of-concept demonstration system, McMahon says, and will now spend the next nine months to a year refining the system and designing a production version.
Lining up customers will also be a priority.
The system uses a combination of sensors connected to devices like lights or outlets, a central control system, and a user interface to measure and control power usage in a building. The technology can be set to automatically kill power to lights or outlets at a specific time or based on whether anyone is present in a room, McMahon explains.
Users can access the interface from anywhere with an Internet connection. Cortland Research plans to help its clients set up the systems according to their needs, McMahon adds.
The idea is to reduce power usage and help buildings run more efficiently, he says. Even if an employee of a business shuts down a computer at the end of the day, the machine can still draw power.
And plenty of schools, hospitals, and hotels leave lights on for hours or days when no one is around. It’s that type of “parasitic” power usage Cortland Research is attempting to cut, McMahon says.
The firm’s system can be tailored to user requirements precisely, he adds. If features smart outlets and switches that have micro sensors and RF antennas embedded inside, according to the company.
That allows for real-time analysis and allows users to manage outlets individually if they choose. In addition to time of day and the presence of people, the system can be adjusted based on rates of energy usage and other parameters as well.
The company is focusing initially on commercial buildings since they tend to pay more for power per kilowatt hour, McMahon says. But the system could be used in a residential setting as well, according to the company.
McMahon previously worked as an electrician before earning a master’s degree and working for Sensis Corp. of DeWitt. Several of Cortland Research’s employees are former Sensis employees as well.
The company is financed currently by an individual angel investor, McMahon says.
Cortland Research was a semi-finalist in this year’s Creative Core Emerging Business Competition. The firm did not make the event’s final round.
The contest seeks to honor the most innovative, growth-oriented company in the region and awards a $200,000 grand prize. This year’s winner is MicroGen of Ithaca.
Heart doctors open Community Cardiology at Community General
ONONDAGA — A new group at Upstate University Hospital at Community General is working to pump up cardiology care. Dr. Norman Jaffe and Dr. Jorge Martinez opened Community Cardiology at the hospital last Nov. 28. The group is a division of FamilyCare Medical Group, PC, which is a multi-specialty medical organization with more than 30
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
ONONDAGA — A new group at Upstate University Hospital at Community General is working to pump up cardiology care.
Dr. Norman Jaffe and Dr. Jorge Martinez opened Community Cardiology at the hospital last Nov. 28. The group is a division of FamilyCare Medical Group, PC, which is a multi-specialty medical organization with more than 30 locations in Central New York.
The two doctors who formed Community Cardiology opened its doors just five days after a practice they had been affiliated with, Clay–based SJH Cardiology Associates, closed its office at Community General. Jaffe and Martinez decided to form their own cardiology office rather than leave Community General.
“Our thinking was that we’ve developed a nice practice on this side of town,” Jaffe says. “This is where our patients want to go.”
But they did not strike out on their own. Instead, they became a division of FamilyCare Medical Group, which Jaffe says referred about 75 percent of their patients to them.
“Do we go on our own?” he says. “We thought there were too many liabilities at this time, when everybody’s joining with other people. And this seems to be the natural alliance.”
In addition to Jaffe and Martinez, Community Cardiology employs a nurse practitioner and 10 other workers, such as technicians and an office manager. The group is already operating near capacity.
Jaffe estimates Community Cardiology can see between 750 and 800 patients per month at its current staffing levels. It can test about 160 patients per month, he adds.
The medical group has its own space to perform electrocardiographic treadmill stress tests that check a heart’s electrical activity and echocardiographic stress tests that use sound to examine the heart. It also shares Community General equipment that allows it to perform nuclear stress tests, which use small amounts of a radiopharmaceutical to develop images of the heart.
“We’re talking about how we’re going to add in capacity to keep up with demand, which is a nice problem to have,” Jaffe says.
No expansion plans are on the table yet. Jaffe and Martinez will meet with FamilyCare Medical Group before finalizing any growth goals.
However, Jaffe says he would like to add another practitioner to the office in a year. And he would like to add an invasive cardiologist in 18 months to two years.
Community Cardiology currently operates in 2,800 square feet in the Physicans Office Building North at Community General. The group has the right of first refusal to adjacent office space as well, so it could conceivably grow at its current location, according to Jaffe.
Launching Community Cardiology was no easy task, according to Jaffe and Martinez. They were unable to reach an agreement to take over a lease for 4,400 square feet of space that SJH Cardiology Associates had been leasing in the Physicians Office Building South, Jaffe says. So they decided to lease their current 2,800-square-foot space in the north building — six weeks before the office needed to open.
And while the office space is in a clinical building, it wasn’t being used as a doctor’s office before Community Cardiology moved in.
“This was a warehouse,” Martinez says. “It was filled with air compressors. We looked at it and we said, ‘You think this is going to be ready in six weeks?’ And they said, ‘Oh yeah. We’ll work hard.’ And they did it.”
Renovations to the office space included new walls and wider doors that could accommodate wheelchairs. Upstate University Hospital handled the renovations and built the cost into Community Cardiology’s lease.
Jaffe and Martinez footed startup costs of about $160,000, Martinez says. That includes leasing equipment and purchasing equipment. They used credit from M&T Bank to help finance the costs.
The doctors also had to shift their focus when they started Community Cardiology.
“Being part of FamilyCare is much more preventive and outpatient,” Jaffe says.
Martinez says that although it took him some time to get used to that idea, he is happy with the new emphasis.
“I couldn’t see myself not being involved in acute-care patients on a daily basis,” he says. “Now the pendulum has swung to diagnose them early so we don’t have to have multiple interventions that are costly in the future.”
Excell Partners adds cash award to Pre-Seed Workshops
Excell Partners is launching a new component to the regular Pre-Seed workshops held throughout upstate New York. Excell, a state-supported venture fund that invests in early-stage firms, presented the first ever Excell Challenge award to a team from Syracuse University (SU) at a Pre-Seed Workshop held in Syracuse in March. The award recognizes the team
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
Excell Partners is launching a new component to the regular Pre-Seed workshops held throughout upstate New York.
Excell, a state-supported venture fund that invests in early-stage firms, presented the first ever Excell Challenge award to a team from Syracuse University (SU) at a Pre-Seed Workshop held in Syracuse in March.
The award recognizes the team with the best ability to take a good idea and turn it into a compelling business concept, according to MedTech, a trade association for upstate pharmaceutical, biotech, and medical technology companies. The team from SU won after making a case for its patient-monitoring technology.
The award comes with an optional seed-money contribution up to $10,000 to support the early work of forming a company.
Excell, based in Rochester, was involved in developing the methodology for the Pre-Seed Workshops and helped launch the program in 2004. The workshops have been hosted regularly in Syracuse for several years by MedTech and the Tech Garden in downtown Syracuse.
Statewide, the workshops take place about eight times a year in various host-city locations throughout New York including Buffalo, Rochester, Syracuse, Ithaca, Geneva, Albany, and on Long Island.
As of November 2011, 46 workshops had been held, drawing nearly 2,000 participants. The program analyzed 274 ideas from those attendees and helped create or strengthen more than 130 companies, according to the Pre-Seed Workshop New York Consortium.
The money that comes with the new award is enough to help a team take its first steps toward launch, says Rami Katz, Excell chief operating officer. The workshops are focused on teams often involving area universities, he adds.
The most recent event in Syracuse included teams from Binghamton University, Clarkson University, Syracuse University, and the SUNY Upstate Medical University
The inventors involved might be world-class technologists, but need help with forming a company around their ideas, Katz says. That’s why Excell also plans to work with award winners on vetting their ideas, advancing them, and helping them connect with other resources in the region.
The award will also help point out the good ideas forming in upstate New York, Katz says.
“We’re not under the spotlight,” he says. “This will help shine a brighter light on the talent we have in this region. We really think there’s a strong innovation ecosystem in upstate New York.”
Under the award’s terms, the $10,000 is considered a loan provided in the form of convertible debt. Winning companies are also eligible to receive Excell’s early-stage venture funding.
The money is a strategic investment to help young companies tackle their next steps, says Heather Erickson, president of MedTech, which is based in Syracuse. It could go toward prototyping, pay for some early legal work to protect intellectual property, provide for some key technical help, or fund needed consulting work.
“It’s a chance for the founders to dig into the business side and start putting some real plans around [their idea],” Erickson says.
Getting initial momentum, and funding, can be challenging for very young companies, she adds. Many of the teams in Pre-Seed Workshops aren’t even formal companies yet.
They might just have a good idea they’re working on. The new Excell award can help them get over the initial hump, Erickson says.
It will also help them connect with other business-growth services in the area, she adds.
Let me start by saying that tax filings are a necessary evil. While you may just want to sweep the entire thought of your tax return under the carpet, my advice is: don’t. With the adage “pay me now, or pay me later” in mind, many folks procrastinate on filing their tax returns with the
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
Let me start by saying that tax filings are a necessary evil. While you may just want to sweep the entire thought of your tax return under the carpet, my advice is: don’t.
With the adage “pay me now, or pay me later” in mind, many folks procrastinate on filing their tax returns with the thought that paying later is the lesser of two evils. I hate to remind you folks, but income taxes are a pay-as-you-go proposition.
Considering the complexities of the United States income-tax code, there are innumerable situations where an extension to file makes sense. Just be sure the check is in the mail before heading off for vacation. Filing a tax extension provides additional time to file income-tax returns, but does not extend the due date for payment of income taxes without running the risk of incurring penalties and/or interest. (And really, who wants to pay Uncle Sam any more than absolutely necessary?)
Whether you plan to file now or file later, unraveling the tax story can be a challenge. Here are a few items to note when trying to make sense of your tax liability.
In the “good news” category:
• Legislation has extended many benefits, including the American Opportunity Credit for parents and students and the expanded Earned Income Credit.
• Standard mileage rates for business use of your personal vehicle increased to 55 cents per mile for miles driven after June 31, 2011. The rates for miles traveled for medical purposes have also increased from 2010 levels.
• The exemption amount increased to $3,700.
• AMT (Alternative Minimum Tax) exemption amounts have increased slightly.
• Schedule L has disappeared (like anyone remembered it in the first place).
• The Health Coverage Tax Credit still exists.
• Certain energy-saving home improvements may qualify for a limited nonbusiness energ property credit.
• Income limitations do not apply to rollovers or conversions to Roth IRAs.
On the down side:
• A new Form 8949 must be used to report certain Schedule D transactions.
• Repayment of the First-Time Home Buyers Tax Credit may or may not require Form 5405 (more potential confusion).
• The deduction for self-employed health insurance is no longer allowed on Schedule SE when computing tax from self-employment.
• Distributions from HSAs (health savings accounts) not used for qualified expenses carry tax at an increased rate.
• Form 8938 must be used by taxpayers to report specified foreign financial assets.
• It is time to pay the piper for certain ROTH IRA rollovers taken during 2010.
• The Making Work Pay tax credit has expired.
• The rate for using a car to provide services to charitable organizations remains at 14 cents per mile.
On a final note, the due date to file Federal Form 1040 is April 17 this year, two days later than the traditional April 15 deadline. April 17 is also the date when payments normally due on April 15 are due. Depending on your place of residence and filing site, your state return and/or payment may be due on April 17.
Whether filing a return or seeking an extension, be sure to check in with your CPA to make sure you have a handle on all the filing particulars and to discuss the specifics of your tax situation.
Gail Kinsella is a partner in the accounting firm of Testone, Marshall & Discenza, LLP. Contact Kinsella at gkinsella@tmdcpas.com
Meile plans to grow Titan’s presence in Central New York
SALINA — Titan Insurance & Employee Benefits Agency, LLC is a small firm with a big name — and a Central New York manager who doesn’t shy away from using weighty analogies to compare the company to bigger competitors. “It’s like an elephant turning around in the kitchen,” says Mark Meile, Titan’s district manager for
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
SALINA — Titan Insurance & Employee Benefits Agency, LLC is a small firm with a big name — and a Central New York manager who doesn’t shy away from using weighty analogies to compare the company to bigger competitors.
“It’s like an elephant turning around in the kitchen,” says Mark Meile, Titan’s district manager for Central New York. “For a national firm, when there are big changes that need to take place, it takes a long time. With a smaller firm that is a little ahead of the curve technology-wise, they’re able to adapt. And that’s attractive.”
Meile heads Titan’s district office in Suite 290 at 290 Elwood Davis Road in Salina. The office, which is Titan’s first foray into the Central New York market, opened about two months ago.
Titan is based in Rochester and also has satellite offices in Canandaigua and Geneva. Its current president and CEO, Michael Gurowski, founded the company in 2006. It has 15 employees.
Only one of those employees is based in Salina — Meile, who joined the company to help it establish and grow its presence in Central New York.
Meile has a personal goal of picking up 10 new clients by the end of the year. He hopes to grow Titan’s Central New York presence to the point where the Salina office will need to add staff members. The number of new employees and timeline for adding them will be dictated by growth, he says.
Meile is confident companies will listen to him about Titan’s offerings. Firms are already concerned with human resources, he says.
“Companies are just wondering what they are going to do,” he says. “The biggest challenges in the last five years are double-digit increases in insurance, especially the medical. Compliance — how do they stay compliant? Human-resources compliance is constantly changing. Health-care reform. And companies really need help.”
The Central New York Titan office is about 240 square feet of leased space at the Thruway Office Building at 290 Elwood Davis Road. Meile is in the office every day, but he spends much of his time visiting prospective clients, he says.
Meile covers Central New York, the North Country, and the Southern Tier down to Binghamton. He will also travel east to Utica, although Titan’s other offices cover areas to the west of Central New York.
Titan specializes in serving companies with between 50 and 500 employees, according to Eric Gilbert, the company’s executive vice president of sales and practice leader. Companies of that size are greatly affected by the 2010 Patient Protection and Affordable Care Act, the federal health-care reform law, he says.
“Those are groups that are really struggling with several components of health-care reform,” he says.
Expanding into Central New York was a natural move for Titan, according to Gilbert. The firm already served some employer groups that straddled the area between Rochester and Syracuse, so the company was already familiar with both insurance markets, he says.
“We’re a solid Rochester player,” he says. “We have hundreds of clients in the greater Rochester and Monroe County area. But being just in Rochester isn’t a good way to support Central New York. To manage them from afar isn’t a strategy that we want to employ.”
Titan will not be adding any more offices in the near future, according to Gilbert. It will keep the same footprint for at least the next two years, he says.
“I would rather spend time in Central New York growing our presence than strain it by further expanding,” he says.
Titan has generated “double-digit” revenue growth each year since its founding and expects projects to grow at the same rate for the next three years, according to Gilbert. He declined to share specific revenue totals.
In addition to acting as a broker and managing employee-benefit plans, health-care packages, and business insurance, Titan often takes on a consultant role when working with a client company, Gilbert says.
Top interns like variety, Robert Half manager says
Companies looking to attract summer interns might want to work on job descriptions with a little spice of life — variety. “The variety of the internship is usually what attracts the best talent from the student side,” says Robert Nealon, metro market manager for Robert Half International Inc. (NYSE: RHI). “The big thing for any
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
Companies looking to attract summer interns might want to work on job descriptions with a little spice of life — variety.
“The variety of the internship is usually what attracts the best talent from the student side,” says Robert Nealon, metro market manager for Robert Half International Inc. (NYSE: RHI). “The big thing for any student looking for internships is, your goal is to do as much work as possible.”
Nealon, who is based in Robert Half’s office in Braintree, Mass., oversees the company’s Syracuse office at 500 Plum St. Robert Half is a specialized staffing firm based in Menlo Park, Calif.
In addition to using variety to attract top-quality interns, Nealon recommends finding a unique role that an intern can fill. That role will vary depending on the type of business, but it shouldn’t be something simple like making copies or coffee.
“A lot of interns really look for some type of opportunity that has something unique,” Nealon says. “The ability to do something that’s not standard or cookie-cutter across the industry is the number-one thing we hear from students.”
There will be more competition for top-level interns this year as the job market improves, according to the results of a survey from the National Association of Colleges and Employers (NACE). The 2012 Internship & Co-op Survey by NACE found that employers plan to increase internship hires by 8.5 percent over last year.
NACE conducted the survey from Nov. 11, 2011, to Jan. 13, 2012. The organization sent surveys to 952 of its employer members and received responses from 280 organizations.
The survey results showing increased interest in intern hiring aren’t surprising, according to Nealon. Many of Robert Half’s clients are returning their staffing levels to normal after employment cratered during the recession, he says. And when staffing levels go up, so does interest in interns, he adds.
“Intern use is really a big driver for clients to do a lot of projects,” he says. “Most of it is supplemental to help the staff with different projects.”
Many firms are trying to attract students to internships by offering pay, according to Nealon. He pointed to the NASE survey, which found that 99.6 percent of internships are paid.
That is up from 2011, when 97.1 percent of internships were paid, according to the survey. And this year, just 4.2 percent of survey respondents said unpaid positions are at least part of their internship hires, down from 7.1 percent last year.
“The number-one thing [for students] certainly isn’t the compensation side of it, but it’s an extra benefit,” Nealon says. “Not only does a paid internship give you the experience, but it gives you some help with some of the costs associated with commuting to the internship.”
Nealon recommends embracing interns as part of the company once they are on board. Interns value being involved in meetings and seeing how their work fits into a business, he says.
Keeping interns satisfied can pay off for a company, Nealon says. Students often look to turn their internships into permanent work with employers, and businesses can benefit from the chance to hire a former intern, he says.
“It’s certainly a cost-effective way for employers to get a head start on the hiring process in general,” he says. “It’s a great way to get a sneak peak of somebody coming out of school, to get a look at their work ethic.”
EBRI: Workers’ retirement confidence remains low
American workers’ confidence that they will have enough money to retire comfortably is lagging while they remain concerned about jobs and the economy. Those are
Survey: Syracuse MSA has third-best Q2 employment outlook in U.S.
The Syracuse metropolitan statistical area (MSA) has the third-best employment outlook in the country for the second quarter of 2012, according to a recently released survey. A net 21 percent of employers in Syracuse plan to hire in the second quarter, according to the Manpower Employment Outlook Survey, which was released March 13. Manpower, a
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
Click here to purchase a paywall bypass link for this article.
The Syracuse metropolitan statistical area (MSA) has the third-best employment outlook in the country for the second quarter of 2012, according to a recently released survey.
A net 21 percent of employers in Syracuse plan to hire in the second quarter, according to the Manpower Employment Outlook Survey, which was released March 13. Manpower, a division of the Milwaukee–based ManpowerGroup (NYSE: MAN), issues the survey quarterly.
Manpower calculates a region’s net employment outlook by subtracting the percentage of employers who anticipate slashing staff from the percentage who expect to increase hiring.
In Syracuse, 23 percent of employers plan to increase staff levels in the second quarter of 2012, while just 2 percent plan to decrease staffing, according to the survey. Another 71 percent of area employers predict their companies will maintain current employment levels, and the remaining 4 percent of survey respondents said they were unsure of their hiring plans.
“We’re seeing [employers] talk to us that maybe in the last two years, they’ve had projects that were on hold or they downsized,” says Tom Winner, regional director at Manpower, which provides a range of temporary and permanent staffing services. “Now people are saying, ‘Call us, we’re ready to talk to you.’”
Winner, who is based in Vestal, directs a Manpower region that stretches from northern Pennsylvania through Vermont. The region includes Central New York and a Syracuse office in Suite 125 at 2 Clinton Square.
Strong employment sectors in Syracuse include health care, business and professional services like call centers, and the manufacturing of durable goods, Winner says. The region has received a boost from strong economic-development organizations, he adds.
“We’ve been involved with CenterState CEO,” he says. “I think they’re doing an excellent job advocating economic development.”
Other Syracuse employment sectors that the survey indicated have strong job prospects are construction, transportation and utilities, wholesale and retail trade, information, education and health services, and leisure and hospitality.
Not all fields have improving hiring prospects. The survey indicates hiring in manufacturing of non-durable goods, financial activities, and government will likely be unchanged in the second quarter in Syracuse.
Syracuse’s second-quarter survey results are stronger than those from the first quarter of this year or the second quarter of 2011.
In the first quarter of 2012, a net 7 percent of employers reported plans to boost hiring — 13 percent of firms planned to increase staff levels, 6 percent planned cuts, 73 percent expected to maintain current levels, and 8 percent did not know what they would do.
In 2011’s second quarter, the net employment outlook notched 10 percent. That’s because 16 percent of employers expected to increase staff levels, 6 percent planned to decrease staffing, 76 percent expected staff levels to remain the same, and 2 percent were uncertain about their plans.
Syracuse’s employment outlook in the 2012 second-quarter survey trailed only two MSAs that were tied for first place — the Greenville-Mauldin-Easley MSA in South Carolina and the Knoxville MSA in Tennessee.
The net employment outlooks in those areas registered 24 percent. Among Greenville-Mauldin-Easley survey respondents, 26 percent of employers anticipated increasing staff levels. Only 2 percent planned to decrease their number of employees, and 67 percent expected to maintain their current staffing levels. The other 5 percent said they did not know their plans.
In Knoxville, 25 percent of employers planned staff increases, 1 percent expected cuts, and 73 percent planned to maintain their current employment levels. The final 1 percent said they did not know what they will do.
Businesses are more optimistic about hiring across the country, Winner says. Nationwide, a seasonally adjusted net 10 percent of employers plan to hire in the second quarter of 2012. That’s up from 9 percent during the first quarter of 2012 and higher than the second quarter of 2011, when the net employment outlook was 8 percent.
Nationally, 18 percent of employers indicated they plan to increase staff levels in the second quarter, and 6 percent expected to cut their payrolls. That yields a non-seasonally adjusted net 12 percent of employers planning to hire. Once seasonal adjustments are applied, a net 10 percent of employers plan to hire, according to Manpower.
Among remaining survey respondents, 72 percent expected no change in hiring plans and 4 percent were undecided.
“I think people have a more positive outlook, and they’re making some investments that they didn’t make six months or a year ago,” Winner says. “A lot of things have to do with attitude.”
The Manpower Employment Outlook Survey includes a sample of more than 18,000 employers in the top 100 MSAs in all 50 states, Washington, D.C., and Puerto Rico. So, the Binghamton and Utica–Rome MSAs were not included. The survey has a margin of error of plus or minus 0.61 percent at a confidence index of
90 percent.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.