The new Living Wage study, (originally done in 1994 and updated in 1996) shows the Living Wage for an individual in Tompkins County is $16,500/year. This year's study is different than previous studies: Utilities and garbage are included in rent, one figure is given for transportation, rather than with and without a car, payroll, federal and state income taxes are included, and the bottom line figure supports the employee only. To support a dependent, rent would increase to $678/month, food and health care would almost double, and Child Care would range from $4432 per year in family day care to $7800/year for infant care at a Child Care Center.
Thanks to Yat-She Shum, an intern from the School of Industrial and Labor Relations at Cornell University for collecting the data used in this study. For copies or information, contact Leni Hochman, email@example.com; (607) 216-3418.
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Joe Nolan, Home Green Home
My family's credit union has been Alternatives since '96; We liked the mission, and who could resist banking in a converted house? In 2005 I started thinking about a retail start-up called "Home Green Home" that would sell healthy and eco-conscious home furnishings and renovation supplies. The Business CENTS class helped me to understand and develop the elements of a business plan, and set me on the path to taking the big leap.
At every stage, I've felt well supported by Alternatives' friendly staff. From one-on-one consultation to business banking and credit needs, I've received quick, helpful service at Alternatives. We always look to partner with organizations that share our values, and Alternatives fits the bill.
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