Tom Precious, Buffalo News reporter, spoke with Ken Pokalsky, vice president of government affairs at The Business Council, and others about the minimum wage provisions that, according to Precious, led to what some tax experts are saying is a first in the United States: “New York taxpayers, not employers, will cover the higher payroll costs associated with raising the minimum wage to $8 for a select group of employees – teenagers between 16 and 19 years old,” wrote Precious.
This is business after all. It also comes under the heading of interesting, a cow that fetched a record-high price at auction… a national record… nearly $80 thousand more than the previous record!
Nancy Ploeger, president of the Manhattan Chamber of Commerce, is working with many business groups to weaken the paid-sick leave legislation that is making its way through the City Council. Crain’s New York Business reporter, Chris Bragg, spoke with Ploeger for the Crain’s Insider blog. He details her objections to the bill which are echoed by the five borough chambers.
Journal News reporters Randi Weiner and Gary Stern wrote about the $867 million in state education aid slated for Westchester, Rockland and Putnum Counties – a 7.5 percent increase – though in some districts the increase is not enough to make up for aid lost in recent years.
You’ve got to hand it to Casey Seiler, the Times Union state editor. He hung in there long enough in the wee hours of Wednesday to hear the Senate’s debate on the final set of bills of the state budget.
The Senate Majority coalition issued a statement today on last night’s late night session saying that “unlike Washington, Democrats and Republicans in Albany are working together to produce results that reflect the priorities of hardworking New Yorkers.”
E.J. McMahon’s latest NY Torch blog post focuses on the problems that will be created by the state’s new “minimum wage reimbursement credit” saying that the Fiscal Policy Institute was right in pointing out that the credit will “create a disincentive to hire older workers and a disincentive to raise wages above the new minimum for younger workers.”
Although the credit is better than nothing, The Business Council had advocated for a training wage covering all 16 – 21 year olds and/or for the first 60 – 90 days on the job. A straightforward training wage would have avoided most of the problems raised by FPI, and would have been easier for businesses to manage.
Join us in welcoming GreyCastle Security, Savor New York and Ashford Management Group, Inc. as the newest business council members. These three businesses represent some of the best of what New York Businesses offer.
GreyCastle Security can help your business meet your security needs – from remediation to management while Savor New York promotes the latest New York products from Buffalo to the Bronx. Ashford Management Group, Inc. provides real estate management services.
Annie Karni of Crain’s New York looked into the issue of jobs in New York City and discusses the latest report released by the Partnership for New York City and Aon suggesting post at City Hall add a Chief Talent Officer.
What do you think? Would a position managing the city’s “human capital” be a good solution to combating the problems of not enough qualified tech workers and the high cost of living? Post a comment below and let us know your thoughts.