In August President Trump signed an Executive Order providing additional relief to Americans during COVID-19. The Executive Order provides an optional payroll tax deferral of the employee’s portion of social security withholdings from September 1, 2020 to December 31, 2020. Employers have been able to voluntarily defer their portion of the Social Security since April… Read More »
Category: Greater Winston-Salem, Inc. News
Employee Deferral of Payroll Tax
Winston-Salem bioscience company to work with Mayo Clinic
The partnership will offer research into a new therapy for premature babies Plakous Therapeutics, Inc. announced that it has signed a know-how license agreement with Mayo Clinic. The multi-year agreement will focus on understanding the results of a natural history study of the factors associated with necrotizing enterocolitis (NEC), a rare disease affecting premature babies.… Read More »
Economic and community insights in Greater Winston-Salem, Inc’s Quarterly Report
Greater Winston-Salem, Inc. has published its newest Quarterly Report, offering insights into the community’s economic development efforts, data on employment and COVID-19, and more. Inside you’ll find consolidated information on sites under development and business investments that signify growth and expansion in manufacturing, healthcare, and more. Don’t miss an introduction to Laura Johnson Lee, Senior… Read More »
Winston-Salem ranks as one of the best cities to work from home
The COVID-19 pandemic has created a sea change in the way that people work. Changes in company policies have many employees working from home. Early on in the crisis, the Wall Street Journal found that up to ten percent of the workforce in America’s largest cities were relocating, at least temporarily, to smaller cities and… Read More »
Returning Employment: Winston-Salem Ranks in Top 25 Nationally
The initial impact of the Coronavirus pandemic on employment was staggering, but thankfully, the sharp spike recorded in April has not continued to rise. In most places, jobs are returning although the return to pre-crisis levels may take awhile. This week, new research by WalletHub shows that Winston-Salem is among the top 25 cities in… Read More »
Forsyth Futures Publishes the Local Impact of COVID-19 Community Briefing
Forsyth Futures has published an interactive, web-based Community Briefing on the anticipated local economic impact of COVID-19. The briefing is available to the public at forsythfutures.org/COVID-19. The briefing features a dashboard of economic indicators that measure changes in the local economy, which will be updated on a weekly basis. The dashboard also provides estimates of the numbers… Read More »