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Overtime-rule decision will help free the economy from the regulatory stranglehold
U.S. Chamber of Commerce President and CEO Thomas J. Donohue issued the following statement Aug. 31 in response to the decision by Judge Amos Mazzant, a U.S. District Court judge in Texas, to grant the motion brought by the U.S. Chamber and other business groups to strike down the Obama administration’s overtime pay rule (Note: […]
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U.S. Chamber of Commerce President and CEO Thomas J. Donohue issued the following statement Aug. 31 in response to the decision by Judge Amos Mazzant, a U.S. District Court judge in Texas, to grant the motion brought by the U.S. Chamber and other business groups to strike down the Obama administration’s overtime pay rule (Note: The rule would have doubled to about $47,000, the maximum salary that an employee can earn and still be automatically eligible for OT pay):
“[This] decision is another victory for the effort to free our economy from the regulatory stranglehold of the last eight years. We have consistently said that the last administration went too far in its 2016 overtime rule, and we are pleased that Judge Mazzant granted a final judgment that makes permanent his previous ruling against the overtime rule.
“[The] decision means small businesses, nonprofits, and other employers throughout the economy can be certain that the 2016 salary threshold will not result in significant new labor costs and cause many disruptions in how work gets done. The Obama administration’s rule would have resulted in salaried professional employees being converted to hourly wages, reduced workplace flexibility and remote electronic access to work, and halted opportunities for career advancement.
“We look forward to working with the Department of Labor (DOL) on a new rule to develop a more appropriate update to the salary threshold.”
The U.S. Chamber of Commerce led a broad coalition of national and local business groups in a 2016 challenge to the Obama administration’s overtime rule, arguing that the (DOL) exceeded its statutory authority in issuing the regulation and violated the Administrative Procedure Act.
Donohue has led the U.S. Chamber of Commerce since 1997. The chamber says it is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.
Fust Charles Chambers LLP has hired NORA J. LEE-DEMING as a manager in the firm’s Healthcare Consulting Department. Lee-Deming joins the firm after holding several reimbursement and accounting positions in various health-care organizations in New York and New Jersey. She received her bachelor’s degree in business administration and finance from Walden University and is presently
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Fust Charles Chambers LLP has hired NORA J. LEE-DEMING as a manager in the firm’s Healthcare Consulting Department. Lee-Deming joins the firm after holding several reimbursement and accounting positions in various health-care organizations in New York and New Jersey. She received her bachelor’s degree in business administration and finance from Walden University and is presently pursuing her MBA.
MING ZHOU has joined Grossman St. Amour CPAs as a staff accountant. He practices in the areas of accounting and auditing, bookkeeping, and tax preparation and his clients include nonprofits and film-production companies. Zhou received a bachelor’s degree in accounting and finance, and a master’s degree in accounting from Syracuse University’s Martin J. Whitman School
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MING ZHOU has joined Grossman St. Amour CPAs as a staff accountant. He practices in the areas of accounting and auditing, bookkeeping, and tax preparation and his clients include nonprofits and film-production companies. Zhou received a bachelor’s degree in accounting and finance, and a master’s degree in accounting from Syracuse University’s Martin J. Whitman School of Management. He has passed all four sections of the CPA exam. Zhou previously completed the Grossman St. Amour CPAs internship program.
KRISTY S. RYAN has joined Grossman St. Amour as an administrative assistant. She assists the firm with tax return and financial-statement processing. Ryan formerly worked for Henderson Brothers Contracting, Inc. and has graphic-design experience.
Smith Marketing Services, LLC (SMS) in Ithaca has promoted creative director, JOHN HOESCHELE, to VP. In the new/expanded role, he will continue to oversee the agency’s creative department and creative output, as well as partner with SMS President Doug Smith in managing day-to-day operations. Hoeschele previously headed marketing communications at Anaren, Inc. Before that, he
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Smith Marketing Services, LLC (SMS) in Ithaca has promoted creative director, JOHN HOESCHELE, to VP. In the new/expanded role, he will continue to oversee the agency’s creative department and creative output, as well as partner with SMS President Doug Smith in managing day-to-day operations. Hoeschele previously headed marketing communications at Anaren, Inc. Before that, he ran his own marketing consultancy, was a founding partner in an industrial Internet startup, and held several other management posts for CNY marketing companies.
NBT Bank announced that JANINE ACETO has joined NBT to manage the bank’s Whitesboro office. She has 16 years of experience in financial services and management. In addition to her position with NBT Bank, Aceto is also co-owner of Top Dead Center Inc., a motorcycle shop in Whitesboro. Prior to joining NBT, she was branch
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NBT Bank announced that JANINE ACETO has joined NBT to manage the bank’s Whitesboro office. She has 16 years of experience in financial services and management. In addition to her position with NBT Bank, Aceto is also co-owner of Top Dead Center Inc., a motorcycle shop in Whitesboro. Prior to joining NBT, she was branch sales manager at Citizens Bank in Utica. Aceto’s experience in banking also includes management positions with Sun Trust Bank in Plant City, Florida and Citizens Bank in Clifton Park, New York. She earned her bachelor’s degree from Utica College and an associate degree from Adirondack Community College.
Solvay Bank has promoted LORILEE BULAK to banking officer, branch manager of the bank’s Westvale office. She joined Solvay Bank in 2012 as a teller and moved on to hold the positions of head teller, banking solutions representative, and assistant branch manager of the Liverpool office. DANIEL LENT has joined Solvay Bank as VP and
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Solvay Bank has promoted LORILEE BULAK to banking officer, branch manager of the bank’s Westvale office. She joined Solvay Bank in 2012 as a teller and moved on to hold the positions of head teller, banking solutions representative, and assistant branch manager of the Liverpool office.
DANIEL LENT has joined Solvay Bank as VP and commercial-loan officer. He has more than 25 years of experience in commercial and small-business banking. According to Lent’s
LinkedIn profile, he previously served as VP/senior business banking relationship manager at KeyBank; VP/relationship manager of business banking at First Niagara Bank; and prior to HSBC selling its upstate New York operations to First Niagara, he worked as VP/senior business relationship manager at HSBC. Lent is a graduate of Niagara University.
The Summit Federal Credit Union has hired MICHELLE BRUNDAGE as senior systems analyst. She was previously manager of applications systems at AmeriCU Credit Union, where she worked for 22 years.
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The Summit Federal Credit Union has hired MICHELLE BRUNDAGE as senior systems analyst. She was previously manager of applications systems at AmeriCU Credit Union, where she worked for 22 years.
NICHOLAS CARR has joined LaBella Associates, D.P.C. as a junior bridge engineer for the firm’s transportation division and will be working from LaBella’s Syracuse office. He was recently a student at Clarkson University and specializes in bridge design.
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NICHOLAS CARR has joined LaBella Associates, D.P.C. as a junior bridge engineer for the firm’s transportation division and will be working from LaBella’s Syracuse office. He was recently a student at Clarkson University and specializes in bridge design.
Barton & Loguidice, (B&L) has added two employees to its Syracuse office. MARGARET CARPENTER has joined B&L’s asset management group as an asset management consultant. She received her bachelor’s degree in mathematics and computer science from the Massachusetts Institute of Technology. SANDRA DICOSTA has joined the firm’s Syracuse office as a corporate administrator. She received
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Barton & Loguidice, (B&L) has added two employees to its Syracuse office.
MARGARET CARPENTER has joined B&L’s asset management group as an asset management consultant. She received her bachelor’s degree in mathematics and computer science from the Massachusetts Institute of Technology.
SANDRA DICOSTA has joined the firm’s Syracuse office as a corporate administrator. She received her associate degree in business administration from Onondaga Community College.
M. Griffith Investment Services
M. Griffith Investment Services has hired AMANDA J. PADUANO as an executive assistant. She previously studied business management at Utica College and gained experience at the Bank of America, AFSN Data Corp., and ACS. The firm has hired SARA M. CUTRIGHT as an administrative assistant. She holds a bachelor’s degree in interdisciplinary studies from SUNY
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M. Griffith Investment Services has hired AMANDA J. PADUANO as an executive assistant. She previously studied business management at Utica College and gained experience at the Bank of America, AFSN Data Corp., and ACS. The firm has hired SARA M. CUTRIGHT as an administrative assistant. She holds a bachelor’s degree in interdisciplinary studies from SUNY Poly. Cutright has prior experience as a special events coordinator at a local independent senior facility, and has worked in a variety of aquatics positions including lifeguard instructor and water safety instructor. KAYLA S. LAIRD is a new member of the operations team at M. Griffith and also the administrative assistant for the firm’s chief operating officer. She brings several years of office-administration experience, including working as a conductor for the Canadian Pacific Railway. Laird holds an associate degree in fine arts from Herkimer Community College.
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.