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Broome County hotel occupancy rate rises for 11th straight month in March
BINGHAMTON — Hotels in Broome County were fuller in March compared to a year ago, continuing a long string of monthly occupancy increases, according to a recent report. The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county jumped 11.2 percent to 51.4 percent in March from 46.2 percent in […]
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BINGHAMTON — Hotels in Broome County were fuller in March compared to a year ago, continuing a long string of monthly occupancy increases, according to a recent report.
The hotel occupancy rate (rooms sold as a percentage of rooms available) in the county jumped 11.2 percent to 51.4 percent in March from 46.2 percent in the year-prior month, according to STR, a Tennessee–based hotel market data and analytics company. It was the 11th consecutive month in which Broome County’s occupancy rate increased. Through the first three months of 2018, the occupancy rate was up 9 percent to 45.8 percent from 42.0 percent in the first quarter of 2017.
Revenue per available room (RevPAR), a key industry indicator that measures how much money hotels are bringing in per available room, increased 11.7 percent to $42.65 in March from $38.19 in March 2017. Broome County’s RevPAR has gained eight months in a row. Year to date through March, the county’s RevPAR was up 9.4 percent to $37.45 from $34.23 in the first three months of 2017.
Average daily rate (or ADR), which represents the average rental rate for a sold room, inched up 0.4 percent to $82.98 in March from $82.63 a year earlier, per STR. Broome County’s ADR is up 0.3 percent year to date to $81.70.
New York egg production falls 5 percent in March
New York farms produced 137.8 million eggs in March, down 5 percent from 145.2 million eggs in the year-ago period, the USDA’s National Agricultural Statistics Service (NASS) recently reported. The average number of layers in the Empire State declined by 6 percent to 5.35 million in March from 5.71 million a year prior. New York egg production
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New York farms produced 137.8 million eggs in March, down 5 percent from 145.2 million eggs in the year-ago period, the USDA’s National Agricultural Statistics Service (NASS) recently reported.
The average number of layers in the Empire State declined by 6 percent to 5.35 million in March from 5.71 million a year prior.
New York egg production per 100 layers totaled 2,574 eggs in March, up 1 percent from 2,542 eggs in March 2017, according to NASS.
In neighboring Pennsylvania, egg production rose 2 percent to 710.9 million eggs in March from 694.6 million eggs a year earlier, NASS reported.

Air Innovations works at exporting, earns SBA honors
CICERO — Air Innovations, Inc. can relate to the old phrase “if at first you don’t succeed, try, try again,” according to Michael Wetzel, the company’s president and CEO. Cicero–based Air Innovations is a multi-division, environmental control and HVAC control-systems manufacturer. HVAC is short for heating, ventilation, and air conditioning. About a decade ago, Air
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CICERO — Air Innovations, Inc. can relate to the old phrase “if at first you don’t succeed, try, try again,” according to Michael Wetzel, the company’s president and CEO.
Cicero–based Air Innovations is a multi-division, environmental control and HVAC control-systems manufacturer. HVAC is short for heating, ventilation, and air conditioning.
About a decade ago, Air Innovations tried to export a display case for flowers, representing its first attempt to sell products internationally. The company had high hopes because it didn’t have any competitors in Europe for that type of product.
“Well, there’s probably a reason why there’s no competitors in Europe because they didn’t really want … the display cases for flowers,” said Wetzel.
Air Innovations, though, didn’t give up. About seven years ago, the firm started exporting its Wine Guardian products, which are residential and commercial wine cellars.
“That has been very successful. To date, we have exported Wine Guardian products to about 45 different countries,” Wetzel noted.
Wetzel on May 1 told the story after the U.S. Small Business Administration (SBA) honored the company as the New York winner of 2018 Small Business Exporter of the Year Award.
The SBA held the presentation at Air Innovations, which operates in a 40,000-square-foot facility at 7000 Performance Drive, off East Taft Road in the town of Cicero. It has 51 employees.
A second award
At the same time, Air Innovations has also been selected as the SBA’s region II 2018 Small Business Exporter of the Year. The SBA’s region II includes New York, New Jersey, Puerto Rico, and the U.S. Virgin Islands.
“It’s quite the honor to receive the local award. Then to receive the state award in region II, that’s way beyond our expectations,” Wetzel said in addressing the crowd gathered for the award presentation.
The SBA chose Air Innovations’ owners, Wetzel and his father, Lawrence Wetzel, for the award based on their company’s growth in international sales, employees, response to adversity, and community contributions, the agency said.
SBA offices, like the one in Syracuse, recognize small businesses for the contributions to communities, said Bernard J. Paprocki, executive director of the SBA Syracuse district office.
“In the case of Air Innovations … demonstrated tremendous ability to export products overseas, which is really key to our economy,” said Paprocki.
SBA assistance
With export assistance from SBA STEP grants, exports have nearly doubled over the past three years to represent 30 percent of revenues, the agency said.
SBA’s State Trade Expansion Program (STEP) seeks to support export growth among U.S. small businesses. STEP is designed to increase both the number of small businesses that begin to export and the value of exports for small businesses currently exporting, according to a September 2017 SBA news release.
Air Innovations generates about
$15 million in annual revenue, said Wetzel, and about one-third of its sales come from exports.
Of that one-third figure, about half results from direct exports.
“The other half of that third is … indirect export where we are selling to customers that are based in the U.S. that are then packaging our product with theirs and exporting it overseas,” said Wetzel.
He also noted that Air Innovations now has a sales office in Schaffhausen, Switzerland and a full-time sales manager based in that Swiss office.
“He’s our one and only employee that doesn’t work out of our Syracuse location,” said Wetzel.
Originally founded in 1986 as Floratech Industries, Inc., the Wetzels acquired controlling interest of the company in 1996.
Together, they shifted the firm’s initial focus on floral coolers to meet refrigeration, air conditioning and filtration needs for the aerospace, military, semiconductor, and pharmaceutical sectors.

State roads to benefit from $100M in ‘harsh winter’ funds
ALBANY — April showers might bring May flowers, but the long winter and harsh weather has brought potholes aplenty to roads across New York. The problem was evident to Business Journal News Network readers who responded to a non-scientific poll. Eighty-four percent of those responding said “potholes are everywhere this year.” Only 2 percent said
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ALBANY — April showers might bring May flowers, but the long winter and harsh weather has brought potholes aplenty to roads across New York.
The problem was evident to Business Journal News Network readers who responded to a non-scientific poll. Eighty-four percent of those responding said “potholes are everywhere this year.” Only 2 percent said they were seeing fewer potholes and the remaining 14 percent said this year’s “pothole situation is the same as it is every spring.”
To help with the problem, Gov. Andrew Cuomo has announced the Harsh Winter Paving Initiative, funding 84 state-road projects around New York.
The funding is in addition to $300 million already committed to repaving projects, according to a news release from the governor’s office.
“The projects will take place throughout the summer and into fall, and will be completed this year,” the release said.
“These investments are critical to our transportation system and essential for community growth and regional economic competitiveness,” Cuomo said.
The recently passed state budget included $65 million in Extreme Weather Recovery funds for locally owned roads, according to the governor’s office, which added the funding is supported through the New York State Department of Transportation’s five-year capital plan and is in addition to the $743 million in this year’s budget in direct state aid to local governments for road and bridge repair and modernization.
“The roads we are paving this summer provide important connections within and between communities, linking downtowns to business districts and supporting our agriculture and tourism industries,” said New York State Department of Transportation Acting Commissioner Paul A. Karas.
In Central New York, funding includes about $17.5 million in projects, paving 134 lane miles of the roads in Oswego, Onondaga, Cayuga, Cortland, and Madison counties.
The projects include:
• 1.3 million to resurface Route 20 from the Madison County line to Route 92 in Madison County
• 1.5 million to resurface Route 31, from Stevens Road to Route 690 in Onondaga County
• 2.2 million to address pavement cracking on Route 11 from the Village of Pulaski north line to the Jefferson County line
• 616,000 to resurface Route 41 from Collard Road to Route 20 in Onondaga County
• 1.2 million to resurface Route 3 from the Village of Mexico’s north boundary line to Deer Creek in Oswego County
• 2.8 million to address pavement cracking on Route 34 from the Tompkins County line to Venice Center in Cayuga County
• 2.7 million to address pavement cracking on Route 41 from Route 26 in Willet to the South Solon town line in Cortland County
• 1.1 million to resurface Route 3 from the East Fulton City Line to Route 264 in Oswego County
• 2.1 million to resurface Route 11 from Route 392 to Route 41 in Cortland County
• 850,000 to resurface Route 91 from North of Coleman Hill Road to Route 173 in Onondaga County
• 1.1 million to resurface Route 89 from Canoga to Routes 5 and 20 in Seneca County
In the Mohawk Valley, the funding includes about $9.4 million to pave 91 lane miles of the roads in Oneida, Herkimer, Fulton, Montgomery, Schoharie, and Otsego counties.
That includes:
• 1.8 million to pave Route 294 from Lewis County line to the Boonville Fairgrounds in Oneida County
• 2.8 million to pave Route 29 from Lasselville to Route 10A in Fulton County
• 610,000 to pave Route 171 from Gulph Road to the 5S Underpass in Herkimer County
• 1.7 million to pave Route 10 from Palatine Bridge to the Fulton County line
in Montgomery County
• 1.1 million to resurface Route 7 from Merchant Place to the Schenectady County line in Schoharie County
• 708,000 to resurface Route 28 from Tunnicliff Road to US Route 20 in Otsego County
• 675,000 to resurface Route 7 from near Davis Drive to the Village of Otego line in Otsego County
In the North Country, about $3.1 million in projects to pave 73 lane miles of roads, are set for Lewis, Jefferson, St. Lawrence, Franklin, Clinton, Essex, and Hamilton counties. The projects include:
• 1.6 million to resurface Route 11 from Route 11C to Route11C in St. Lawrence County
• 1.1 million to resurface Route 180 from Route 12E to Route 12 in Jefferson County
• 420,000 to resurface Route 812 from Black River to Tillman Road in Lewis County
In the Southern Tier, about $16.1 million in projects, to pave 179 lane miles of roads, is set for Steuben, Schuyler, Chemung, Tompkins, Tioga, Broome, and Chenango.
The projects include:
• 1.8 million to address pavement cracking on Route 327 from Routes 13, 34, and 96 to Route 79 in Tompkins County
• 1.4 million to perform preventive maintenance paving on Route 54 from County Route 113 to Route 54A in Steuben County
• 1.5 million to resurface Routes 414, 79, 54 in the Town of Hector in Schuyler County and the Town of Barrington in Yates County
• 2.6 million to perform maintenance paving on Route 427 from Cedar St. to Chemung and Route 224 from Alpine Junction to the Chemung County line in Chemung County
• 2.1 million to resurface Route 10 from High Street in the Town of Walton to Launt Hollow Road in the Town of Hamden in Delaware County
• 2.3 million to resurface severely cracked and deteriorated roadway on Route 38B from the eastern Tioga County line (Stratton Road) to Route 38 in Tioga County
• 822,000 to resurface Route 41 from the Route 17 Exit 82 interchange to Parker Road in Broome County
• 1.8 million to resurface Route 12 from near County Route 32 to the Sherburne Village line in Chenango County
• 495,000 to resurface Route 26 from Route 38B to the Maine Memorial School in the Town of Maine in Broome County
• 625,000 to resurface Route 17C from the western Village of Owego line (Owego Creek) to Glen Mary Drive in Tioga County
• 630,000 to resurface Route 41 from Route 220 to the Cortland County line in Chenango County.
Tompkins Financial profit jumps 30 percent in Q1
ITHACA — Tompkins Financial Corp. (NYSE: TMP) reported that its net income soared 30 percent in the first quarter to a record $20.4 million from the $15.7 million it reported in the same period in 2017. The Ithaca–based banking company said its earnings per share rose 29 percent to a record $1.33 in the first
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ITHACA — Tompkins Financial Corp. (NYSE: TMP) reported that its net income soared 30 percent in the first quarter to a record $20.4 million from the $15.7 million it reported in the same period in 2017.
The Ithaca–based banking company said its earnings per share rose 29 percent to a record $1.33 in the first quarter from $1.03 in the year-earlier period.
Improving margins, higher fee-income growth, and a lower tax rate due to federal tax reform contributed to the profit rise.
“We are excited to start 2018 with very strong earnings growth. Solid loan growth, an improved net interest margin, and higher fee income all contributed to earnings improvement over the prior year. Our first quarter earnings also benefited from a lower tax rate in 2018,” Stephen S. Romaine, president and CEO of Tompkins Financial, said in the earnings report.
Tompkins Financial’s net interest income rose nearly 10 percent to $52.7 million in the first quarter.
Total loans increased by 9.5 percent in the last year to $4.7 billion as of the end of the first quarter. Total deposits increased by 1.6 percent to $4.9 billion in the same period.
Net interest income benefitted from the loan growth and reduced interest expense on time deposits, the banking company said in the earnings report. Tompkins Financial’s net interest margin was 3.42 percent for the first quarter of 2018, up from 3.38 percent for the same quarter in 2017.
Tompkins Financial posted noninterest income of $17.8 million in the first quarter, up 3.4 percent from the same period last year. Fee-based income related to insurance and investment services, card services, and deposit-account fees improved a combined 5.5 percent over the same period in 2017, the earnings report said.
Tompkins Financial’s effective tax rate was 22.0 percent in the first quarter of 2018, compared to 31.9 percent for the same period in 2017. The banking company said the decrease was a direct result of the Tax Cuts and Jobs Act of 2017, which reduced the federal corporate tax rate from 35 percent in 2017, to 21 percent in 2018.
The banking company said its “asset quality trends remained strong in the first quarter of 2018.” Nonperforming assets represented 0.41 percent of total assets as of March 31, up slightly from 0.38 percent at the end of 2017. Nonperforming asset levels continue to be below the most recent Federal Reserve Board peer group average of 0.63 percent, Tompkins Financial said.
Tompkins Financial’s provision for loan and lease losses totaled $567,000 for the first quarter, down from $769,000 reported in the year-ago quarter. It posted net charge-offs of $127,000 in the first quarter, down from $358,000 in the first quarter of 2017.
The banking company’s allowance for originated loan and lease losses totaled $40.1 million as of March 31, and represented 0.91 percent of total originated loans and leases, compared to 0.92 percent a year prior.
Tompkins Financial is a financial-services company serving the Central, Western, and Hudson Valley regions of New York and the Southeastern region of Pennsylvania. Tompkins Financial is parent of Tompkins Trust Company, Tompkins Bank of Castile, Tompkins Mahopac Bank, Tompkins VIST Bank, Tompkins Insurance Agencies, Inc., and offers wealth-management services through Tompkins Financial Advisors.

OCIDA to use EPA funding for cleanup of Syracuse’s Roth Steel site
The U.S. Environmental Protection Agency (EPA) has awarded the Onondaga County Industrial Development Agency (OCIDA) a $200,000 federal brownfields grant to help clean up the former Roth Steel Inc. property located at 800 Hiawatha Boulevard W. in Syracuse. The $200,000 grant is among a total of $54.3 million that the EPA is providing for brownfield
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The U.S. Environmental Protection Agency (EPA) has awarded the Onondaga County Industrial Development Agency (OCIDA) a $200,000 federal brownfields grant to help clean up the former Roth Steel Inc. property located at 800 Hiawatha Boulevard W. in Syracuse.
The $200,000 grant is among a total of $54.3 million that the EPA is providing for brownfield sites nationwide, the agency said in a news release. The EPA has also awarded funding to the Herkimer County Industrial Development Agency (IDA) and the City of Cortland for projects as well.
They’re among 144 communities selected for federal grant funding to clean up brownfield properties.
“Brownfield grants are helping communities throughout our region unlock the unmet economic potential of contaminated and unused lands,” Pete Lopez, EPA regional administrator, said in the release. “Once cleanup is complete, the site can be put to reuse with the potential to bring in valuable private sector development, jobs, and additional tax revenue.”
Roth Steel
The 24-acre Syracuse site operated as a metal processing and recycling center from the 1950s until 2014, when Roth declared bankruptcy and the facility was closed.
The site is contaminated with poly-chlorinated biphenyls (PCBs), metals, and volatile organic compounds. The goal for cleanup is to remove hazardous hot spots on the site to allow recreational use and contribute to the creation of a trail that loops the entirety of the Onondaga Lake shoreline.
“Through the EPA brownfields-cleanup program, the Onondaga County Industrial Development Agency will be able to rehabilitate this site back into productive use and prevent this property from blighting the city of Syracuse,” the Onondaga County Industrial Development Agency said. “Without the EPA brownfields program, [OCIDA] would not be able to leverage its funds to the extent necessary to return the former Roth Steel property into a clean and productive site for taxpayers of the county.”
The grant from the EPA brownfield program will help continue efforts to clean the Roth steel site and return it to productive use, Onondaga County Executive Joanie Mahoney added.
“Rehabilitating this valuable lakefront property is an important component in our efforts to continue to Loop the Lake and encourage further development in and around our Inner Harbor neighborhood,” said Mahoney.
Cortland
The City of Cortland will use a community-wide grant of $200,000 to conduct environmental-site assessments.
Cortland will use the grant to “inventory, characterize, assess, and conduct” planning and community-engagement activities. Many of the sites are “abandoned, unsuitable for redevelopment, community eyesores, and drain the economic vitality of the area,” the EPA said.
The former Apex Tools site, which stopped manufacturing in 2015, is described as a “high-priority” site for assessment work under this grant.
Since 1834, the factory produced wire rope, chain fittings, and overhead lifting devices.
The soil and groundwater at this site are “likely” to have contaminants that include heavy metals, volatile organic compounds, semi-volatile organic compounds and PCBs.
This large area of contaminated land is a “major concern” for the community since it is located in a primarily residential neighborhood with “no cleanup plans” currently in place.
“The legacy of the City’s industrial past now negatively impacts 25 percent of the land within the City,” Mack Cook, director of administration and finance for the City of Cortland, said in the release. “Using Brownfields to address the problem is essential to re-constructing the City into a modern live/work environment but this problem is unfortunately beyond the City’s fiscal capability to address without outside assistance.”
Herkimer County
The Herkimer County Industrial Development Agency will use a communitywide grant of $200,000 to conduct environmental-site assessments.
Herkimer County will use these funds to “identify and assess” brownfield sites located in the county’s urban centers and along the waterways in communities such as Ilion, Dolgeville, Frankfort, village of Herkimer, town of Herkimer, and Little Falls.
Sites chosen for assessment have the potential for redevelopment as affordable housing located in areas of existing infrastructure or redevelopment as manufacturers for packaging and distribution of food and beverage products.
“This EPA grant would allow us to explore properties that could help encourage economic development throughout the county,” John Piseck, executive director of the Herkimer County IDA, said.

KeyBank awards CenterState CEO $115,000 for program support
SYRACUSE — The KeyBank (NYSE: KEY) Business Boost & Build program on May 1 awarded $115,000 to CenterState CEO. The funding will help CenterState CEO expand its popular UP Start Syracuse program, KeyBank said in a news release issued that day. KeyBank announced the funding award at the South Side Innovation Center to help mark
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SYRACUSE — The KeyBank (NYSE: KEY) Business Boost & Build program on May 1 awarded $115,000 to CenterState CEO.
The funding will help CenterState CEO expand its popular UP Start Syracuse program, KeyBank said in a news release issued that day. KeyBank announced the funding award at the South Side Innovation Center to help mark the start of National Small Business Month.
UP Start Syracuse helps grow businesses “within vulnerable communities, contributing to stronger neighborhoods and shared prosperity,” KeyBank said. The program connects existing businesses and “aspiring” entrepreneurs to the tools and networks that help them “thrive, bringing together the collective resources of existing business organizations and community partners while also bridging the work of CenterState CEO’s Economic Inclusion and Innovation and Entrepreneurship portfolios.”
“We are very excited about this partnership with JumpStart,” Dominic Robinson, VP of economic inclusion at CenterState CEO, said. “The investment from the KeyBank Business Boost & Build program will help us expand our collective work to help expand prosperity in our community through the growth of women and minority owned businesses.”
The KeyBank Business Boost & Build program is supported by JumpStart, a Cleveland, Ohio–based nonprofit. It describes its mission as one that works to “unlock the full potential of diverse and ambitious entrepreneurs to economically transform entire communities,” according to its website.
It provides assistance to startups and small businesses, helps companies secure capital, and matches people with companies, the JumpStart website says.
New York’s Upstate Minority Economic Alliance (UMEA) is also a “key player” in this collaborative project with the UP Start Syracuse program, KeyBank said. On its website, CenterState CEO lists UMEA among its “organizational partners.”
As “the only chamber of commerce in the Central New York Region for minority business owners and professionals of color,” UMEA will offer discounted memberships to clients of CenterState’s UP Start Syracuse program. It will also offer small-business owners assistance with obtaining minority and women owned business enterprise (MWBE) certification and securing other economic-development investments.
Additional program support
Besides the UP Start Syracuse program, CenterState CEO will also use the funding in its collaboration with two programs that the Syracuse University Falcone Center for Entrepreneurship oversees. The Falcone Center is a program of Syracuse’s Martin J. Whitman School of Management.
The programs include the South Side Innovation Center (SSIC) at 2610 S. Salina St. in Syracuse. The SSIC is a community-based microenterprise incubator that provides office space, training, test kitchen space, and MWBE certification for neighborhood entrepreneurs. CenterState will refer clients to SSIC, provide supplemental technical assistance to residents, and continue to work with the organization to successfully launch and grow south-side businesses.
The second program is the Women Igniting the Spirit of Entrepreneurship (WISE), which CenterState will provide with new funding to deliver more workshops and technical assistance for entrepreneurs, specifically for its Exito program.
Funding will also support the annual WISE Women’s Symposium, which the organization held April 18 at SKY Armory.
Funded by a grant from the KeyBank Foundation in 2017, the KeyBank Business Boost & Build program is “designed to stimulate economic growth” in Ohio and upstate New York by helping startups and small businesses grow and “preparing the workforce for the needs of those companies.”
Robert Half: Six job-search stallers and how new grads can overcome them
The upcoming college graduations across Central New York and beyond will send new graduates into the job market, which could see more employers competing for new hires. Menlo Park, California–based staffing firm Robert Half has outlined six items that can stall a job search for young people and provides suggestions on how to overcome them.
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The upcoming college graduations across Central New York and beyond will send new graduates into the job market, which could see more employers competing for new hires.
Menlo Park, California–based staffing firm Robert Half has outlined six items that can stall a job search for young people and provides suggestions on how to overcome them.
Robert Half is citing a November report from the Bethlehem, Pennsylvania–based National Association of Colleges and Employers (NACE) that’s titled “College hiring projected to increase by 4 percent in strengthening market.”
The NACE job-outlook study indicates that employers plan to hire more new graduates from the Class of 2018 than they did from the Class of 2017. The study found 44 percent of organizations plan to increase their hiring plans, which is up from 36 percent in the 2017 survey. Respondents in the 2018 survey cited company growth, retirements, and the need for entry-level talent as the “top drivers.”
Here are the six things that can stall a new graduate’s job search, according to a Robert Half news release issued April 18.
You’ve submitted material online for many jobs online and haven’t been called for interviews
Robert Half suggests grads rework their résumé and “find a connection.” The staffing firm advises candidates to tailor their résumé for each position so it contains keywords from the job description, as that will help résumé-scanning software identify an individual as a potential match. More importantly, job candidates should find any connections they have at the company and ask them for input about the role. “See if they would be willing to submit your résumé personally to the hiring manager,” Robert Half says. A personal connection can help candidates stand out from a large number of online applicants. Managers often prefer to hire candidates who are referred to them by people whose opinion they value.
You don’t want to list your salary history on an application, as you had low-paying jobs through college.
Robert Half advises new graduates to “focus less on history, more on the future.” The reason? Many cities and states have banned employers from asking about salary history. Hiring mangers instead ask candidates for their salary expectations, and often do so early in the selection process. Candidates should refer to multiple sources to understand market rates for their skill set. “Check the Robert Half 2018 Salary Guides, and talk to specialized recruiters, industry groups and your network so you can prepare for the salary conversation,” the staffing firm said.
You don’t have any experience in the field you want to pursue.
Robert Half suggests pinpointing transferable skills and finding other ways to gain experience. “Highlight examples on your résumé that show how you’ve helped companies save money, create efficiencies, and find new business — these skills are valued by any firm,” the staffing firm advises. Candidates should also show their abilities to train, learn, take on new duties, and collaborate. Graduates can gain relevant experience by volunteering their time with an organization that needs their skills. “If you’re interested in the marketing field, for instance, offer to redesign the website, write a blog or plan a fundraising event. Add that experience to your résumé and LinkedIn profile.”
You’re thinking about returning to school for a graduate degree to help you get a better start to your career.
The staffing firm advises new graduates to “think carefully and consult others.” Before investing substantial time and money in another degree, they should know the expected return on their investment. Grads should talk to people in the field to see if it’s a must-have or nice-to-have in their chosen industry. “In some situations, a certification or technical skill may be in greater demand — and command higher pay — than a master’s degree.”
The starting salaries you’re seeing in your field are too low. You need to make a lot more to cover bills, student loans, rent, and other expenses.
Robert Half suggests that graduates change their mindset from what they need to what the market will pay. Hiring managers don’t base a salary decision on what the candidate needs or wants; their focus is on supply and demand. Highly specialized skill sets that are in short supply command higher pay. If salaries in a field are too low, job seekers should consider taking on extra work as a contract employee or pursuing a different industry.
You’re feeling alone in your job search.
The firm advises new graduates to “spend less time on your devices and more on face-to-face interaction.” The job search can be isolating, particularly when people spend most days behind a computer looking online for jobs. Leads to new contacts and jobs can come from anywhere, so grads should spend time interacting with new people at volunteer activities and industry events.

Excellus urges customers to come forward for unclaimed funds
Hundreds of people and companies in Central New York, and thousands across the state, have not cashed more than $2.1 million in checks that Excellus BlueCross BlueShield and its parent company have issued. Rochester–based Excellus, which has an office in DeWitt, is Central New York’s largest health insurer. These checks were issued to members and
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Hundreds of people and companies in Central New York, and thousands across the state, have not cashed more than $2.1 million in checks that Excellus BlueCross BlueShield and its parent company have issued.
Rochester–based Excellus, which has an office in DeWitt, is Central New York’s largest health insurer.
These checks were issued to members and providers in 2014, but were never cashed, the health insurer said in an April 25 news release. If the funds aren’t claimed by the end of August, Excellus is required to turn the money over to New York State.
A complete list of names of people and companies with checks to claim is available on the company’s website at ExcellusBCBS.com/UnclaimedFunds, the nonprofit said.
“This is money that was paid for claims or refunded premiums,” Jim Reed, regional president of Excellus BlueCross BlueShield, said in the health insurer’s news release. “It rightfully belongs to our members or providers, and we want to make sure they have one more chance to claim it before it goes to the state.”
Most of the checks that have yet to be cashed were allocated to Excellus BlueCross BlueShield members and providers, who may have forgotten to cash the checks, moved and left no forwarding address, or died, the health insurer said.
To claim a check prior to Aug. 31, current Excellus members can call the phone number listed on their member identification card.
Former members, or those calling on behalf of the estate of a family member, can call Excellus at 1-800-499-1275.
The health insurer says it will mail the checks to claimants on or before Aug. 31.
Brown & Brown posts nearly 30 percent rise in Q1 net income
Brown & Brown, Inc. (NYSE: BRO), the Florida–based parent of Syracuse–based Brown & Brown Empire State, recently reported that it earned nearly $91 million, or 32 cents a share, in the first quarter. That’s up almost 30 percent from the $70 million, or 25 cents per share, that the insurance brokerage company earned during the
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Brown & Brown, Inc. (NYSE: BRO), the Florida–based parent of Syracuse–based Brown & Brown Empire State, recently reported that it earned nearly $91 million, or 32 cents a share, in the first quarter.
That’s up almost 30 percent from the $70 million, or 25 cents per share, that the insurance brokerage company earned during the same period in 2017, Brown & Brown said.
The firm generated revenue of $501.5 million during the first quarter, nearly 8 percent higher than the $465 million it generated in the year-earlier quarter.
“We delivered solid results for the quarter with strong top and bottom line growth, with our net income per share benefiting from a lower effective tax rate resulting from tax reform,” J. Powell Brown, president and CEO of Brown & Brown, said in the earnings report.
The company’s board of directors declared a regular quarterly cash dividend of 7.5 cents per share, to be paid on May 18, to shareholders of record on May 9.
Brown & Brown Empire State is headquartered at 500 Plum St. in Syracuse’s Franklin Square area. It also has offices in Vestal, Rome, and Clifton Park, according to the firm’s website.
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