All Articles In "Economic & Business Development"

2016 Legislative Forum Agenda Set


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HR Changes Coming, along with Chamber-hosted bootcamp

New Fair Labor Standards Act rules are changing the federal guidelines for "exempt employees": employees that are paid a salary and are exempt from having to be paid for overtime work - effective December 1. Come to one of the Chamber's half-day work sessions on Thursday, November 17, to learn what you need to do to comply!
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Economic Development Comes Largely From Within

I'm going to throw out a phrase to you that is sure to get you excited. Wait for it. Here it is: "economic development." Wow, that phrase is better than caffeine at getting you pumped up, don't you think? OK, maybe not. But maybe I can encourage you to keep reading so that I can at least share some of my enthusiasm.
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Business Retention & Expansion: Focus of Your Chamber

The Sheridan County Chamber of Commerce relies heavily on the 200-plus volunteers who serve our organization, either as directors of our board or on one of our many committees. One of our most active committees is the Business Retention and Expansion (BRE) Committee, led by committee chairperson Ken Thorpe, with Powder River Heating and Air Conditioning. The BRE Committee is comprised of member business people who share the common goal of developing new tools and programs to help area businesses grow and prosper, in addition to planning and implementing workforce strategies that will ensure the future employability of our workers and address issues affecting business retention, productivity and economic competitiveness.
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New Overtime Pay Rules Announced

President Obama and Labor Secretary Perez announced the publication of the U.S. Department of Labor's final rule updating the overtime regulations, which will automatically extend overtime pay protections to over 4 million workers within the first year of implementation. The new rules focus primarily on updating the salary and compensation levels needed for "Executive, Administrative and Professional workers" to be exempt from overtime pay when they work more than 40 hours in a workweek.
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Proven Strategies for Local Businesses’ Success

One of our longstanding programs takes place the second Wednesday of each month at our Chamber luncheon. During our most recent luncheon this past week, we were honored to have a top-notch panel of local business owners share their own insights, lessons learned and strategies in operating their businesses. The program focused on how these business owners held true to traditional business values, all the while staying aware of, focused on, and even ahead of, business trends.
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Downturn Will Impact State, But Efforts Will Buffer the Blow

The state of Wyoming continues to receive harsh economic news and projection around the energy industry. The impacts of the extractive industry downturn - both coal and oil/gas industries - have layoffs of employees and indirect impacts via retail sales, school populations, and increased social burdens. And Sheridan is and will be impacted.
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Taking Care of Each Other

I had the pleasure this week of speaking with a couple who are starting a new business in the area, something they have been diligently working on for over a year. As we discussed their business, we also started talking about the business community. One question they asked: “Does your business community take care of each other?” My short answer was “Yes, yes we do.”
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State of the City

"The state of the city is in good shape," Sheridan Mayor John Heath said during the annual State of the City address Monday evening at the Sheridan City Council meeting.
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