In the News
The Editorial Board: ‘Benefits Cliff Calculator’ takes a step toward managing an economic hazard
Blog Categories
BUFFALO, N.Y. (The Buffalo News) — In facing, head on, the “benefits cliff,” the Buffalo Niagara Partnership is making an important effort to help underemployed individuals who may risk losing benefits by accepting overtime or a promotion, while also assisting business owners overcome staffing problems.
The benefits cliff is a frustrating and pointless circumstance in which a worker loses important assistance by accepting additional income – overtime, a raise or even a new job. Earn even a dollar over the maximum allowed and all benefits may be forfeited. Financial improvement becomes elusive because of rules that hurt the worker, the employer and taxpayers.
As the Partnership’s president and CEO, Dottie Gallagher, pointed out, employees who decline that additional income aren’t being lazy; they’re making a rational economic decision. To help counter that problem, the Partnership is providing a new online tool.
Related Posts
Worker shortage top of mind for employers
BUFFALO, N.Y. (Buffalo News) — With the region’s unemployment rate running at historic lows, companies are scrambling to recruit and keep talent. But it’s a complex problem for employers to solve.
Are Buffalo Niagara employers embracing diversity?
BUFFALO, N.Y. (Buffalo News) — Local employers are making headway on diversity, equity and inclusion, but they’ve still got work to do. Those are some of the themes from the latest assessment by the Buffalo Niagara Partnership, two years after the business group conducted an initial survey.
WNY business leaders lay out concerns to candidates for governor
BUFFALO, N.Y. (WGRZ) — The Buffalo Niagara Partnership, the region’s chamber of commerce, is making sure the concerns of Western New York’s businesses are heard ahead of election day.
Help still wanted: hiring dominates employers’ concerns
BUFFALO, N.Y. (The Buffalo News) —Finding and keeping qualified talent is top of mind for employers in the Buffalo Niagara region. It once again the led the list of employers’ foremost concerns in a survey of Buffalo Niagara Partnership members.