Oneida Indian Nation Distributes Millions in Bonuses to Employees, Encourages Them to Reinvest Locally
On November 30, the Oneida Indian Nation distributed several million dollars in bonuses to eligible employees in its workforce. The Nation has encouraged those employees to reinvest the bonuses in the local community, in the same spirit the Nation has done through its long-standing business relationships with local vendors, contractors, service providers and other local investments.
“We are pleased to once again reward our employees for their hard work throughout this year," Oneida Nation Representative and Nation Enterprises CEO Ray Halbritter said. "Despite a challenging economic climate, the Nation has put itself in a position to award these bonuses as a continued investment in our most valuable resource, our employees. This year, we are once again partnering with local business organizations like the Rome Area Chamber of Commerce and Mohawk Valley EDGE to promote local spending and ensure that our entire community benefits from the Nation’s continued success.”
The Rome Area Chamber of Commerce was formed in central New York in 1912 and has remained dedicated to helping local businesses flourish.
“The Oneida Nation is a generous corporate citizen, truly and without question the major economic engine in Central New York," said Rome Area Chamber of Commerce President William Guglielmo. "The Nation’s achievements improve the quality of life and economic well-being of our region, and its employees are a strengthening thread in the very fabric of our economy: thousands of regularly-employed residents and customers who keep our community vibrant and local businesses operating. The Rome Chamber congratulates the Oneida Nation on its leadership and foresight.”
Mohawk Valley EDGE (Economic Development Growth Enterprises Corporation) is a private, not-for-profit corporation that helps local businesses grow and prosper in the Central New York counties of Oneida and Herkimer.
The Oneida Indian Nation's recent bonus distribution demonstrates its continual commitment to reinvesting in the local community. Other partnerships and business ventures that reflect the Nation's loyalty to its neighbors are its creation of a multi-themed entertainment complex at Turning Stone Resort Casino in Verona, New York, called "Exit 33", and its investment earlier this year in the Syracuse, New York-based Hofmann Sausage Co.
In early November, the Nation began construction on “Exit 33”, a new $25 million expansion to the casino. Construction of "Exit 33" will create 200 jobs, and an additional 100 permanent employees will staff the operations, officials said. The casino signed an agreement to use union labor during the expansion, and most of the construction jobs will be given to workers who live within 50 miles of the site, said Pat Costello, area representative of the Central and Northern New York Building Trades, in a statement. Local vendors will also provide goods and services for the daily operation of “Exit 33”, scheduled to open in July 2013.
The Oneida Indian Nation is the largest employer in Oneida and Madison counties and one of the top five employers in the 16-county Central New York region. Its business enterprises include Turning Stone Resort Casino, SavOn Convenience Stores, Four Directions Productions, Indian Country Today Media Network and marinas.