Last week, Greater Mankato Growth collaborated with the City of Le Sueur Economic Development representatives to convene resources from South Central College and Minnesota State University, Mankato for manufacturing businesses. Several of the community's major employers were in attendance including Cambria, Le Sueur Incorporated, Seneca, and Bimeda.
A few months ago, a representative from the Minneapolis Federal Reserve Bank visited Greater Mankato and met with several business and community leaders on the state of the community. The result is a great community profile that was just published in their fedgazette. The article,...
Today the U.S. Department of Labor will finalize changes to rules on overtime pay for exempt "white collar" salaried workers.Currently, the salary threshold for overtime eligibility for exempt "white collar" salaried workers is $23,660 per year ($455/week). The new rule will require overtime pay for those employees who makes less than $47,476 per year ($913/week), meaning that the employee must be paid time and a half for hours worked over 40 each week. The Department of Labor states this will cover 4.2 million more employees, totaling about 35% of salaried workers.This means that any exempt "white collar" salaried employee earning less than the new threshold amount of $47,476 per year must be paid overtime for all hours over 40 in a week, effective December 1, 2016.
Like it or not, for good or bad, local government has a big impact on businesses in Greater Mankato and indeed, our overall community. Luckily, we have a strong tradition of well-run, financially-strong, clean local governments that have been a great asset. But this didn’t come by accident. It took dedicated women and men willing to step up and bring their expertise and sound judgement to bear in service to the public. Always remember that it only takes one election to make a mess of the progress we’ve collectively worked so hard to earn in our community. To be clear, this isn’t a statement about those currently in office, rather an argument that our democracy works best when we are engaged and involved in our government. That’s why it is critical that citizens are able to choose from a strong slate of candidates for local office at this November’s election.Greater Mankato Growth's Business Retention and Expansion visits are a part of a larger statewide program. Grow Minnesota! -- the statewide business retention and assistance program hosted by the Minnesota Chamber in partnership with 76 local chambers and economic development organizations -- is excited to...
This 10-minute video, "Success in the New Economy", makes the compelling argument that in today's job market, future graduates need to take a look at all opportunities not just a 4-year degree which is no longer the guaranteed ticket to career success. https://youtu.be/zs6nQpVI164...
The City of Mankato is seeking citizens to serve on the Planning Commission. This is an excellent opportunity for a member of our business community to get involved in the community. You can learn more about this position and how to apply by reviewing the press release from the city below. Feel free to contact Patrick Baker at GMG with any questions.
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