2021 Deane C. Davis Award

2021 Deane C. Davis Award

Nominations for the 2021 Deane C. Davis Award are now open. 

Anyone may nominate a business for the Deane C. Davis Outstanding Vermont Business of the Year Award. The nomination may be made by the business itself, a government agency, or interested individuals.

The screening committee may request additional information from nominators, references or the company itself for the judge’s consideration. All entries and supplementary materials will become the property of the Vermont Business Magazine and will not be returned. Decisions of the judging committee are final.

Because the Deane C. Davis Outstanding Vermont Business of the Year Award is designed to recognize the total commitment of a company, nominations should describe the entire scope of the company’s mission.

All entries for the 2021 Deane C. Davis Outstanding Vermont Business of the Year Award must be submitted March 4, 2022.

Nominate your company here.

About The Deane C. Davis Outstanding Vermont Business Award:

The Deane C. Davis Outstanding Vermont Business of the Year Award is presented annually by the Vermont Chamber of Commerce and Vermont Business Magazine, and is named in honor of Governor Deane C. Davis (1900-1990).

In 1968, at the age of 68, when most people look forward to the enjoyment of retirement, Deane C. Davis was elected governor. Governor Davis brought considerable experience to the governor’s office (1969-1973), gleaned over many years as a lawyer, corporate officer and company president. He was a strong advocate of a sound economy that is based in a protected environment.

Governor Davis was known as the “Environmental Governor” because of his strong support for Act 250, which was enacted during his administration. He also championed a vigorous economic development program that resulted in the creation of the highly successful economic development corporations.

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Earlier this month, the Department of Labor (DOL) announced that it had received requests for more than 136,000 H-2B workers and there are only 33,000 available under the congressionally authorized statutory cap. Many hotels rely on the H-2B program to augment their domestic workforce during their peak season to ensure they can operate at full capacity. With ongoing concerns due to OMICRON and COVID-19 pandemic, combined with an acute workforce shortage, access to H-2B visas are more crucial now than ever before especially for the lodging industry. 
 
The recently introduced H-2B Returning Worker Exemption Act would provide a returning worker exemption and increased integrity measures to strengthen the H-2B visa program. Act now to urge your representative to co-sponsor the H-2B Returning Worker Exemption Act.

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The Department of Labor’s new dual jobs regulation that took effect December 28 states that restaurants cannot take a tip credit for the time spent on tasks considered “directly supporting work” that exceeds 20% of the workweek or 30 continuous minutes. Last November, the Restaurant Law Center filed an emergency lawsuit challenging the regulation and asking for an immediate injunction. It is expected that the court will allow the new regulations to remain in effect until February.
 
It is important to continue to take steps to comply with the new rules. Actions to consider taking include:
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  • Training managers on the new requirements.
  • Implementing new policies and procedures on side work.
  • Changing staffing model to hire new staff to perform side work tasks.
  • Adopting new timekeeping protocols for tipped employees.

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GlobalFoundries’ economic impact in Chittenden County and the state is tremendous, and its continued success and growth in Vermont is important to the business community. As one of the state’s largest private employers, GlobalFoundries employs 2,200 Vermonters and generates an additional 5,000 indirect. GlobalFoundries owns 8% of the 12% of global chip manufacturing in the nation, 93% of the smartphone market, and is an emerging leader in the renaissance for United States semiconductor chip manufacturing for the auto industry with a recent partnership with the Ford Motor Company.

To address the challenge of high energy costs, GlobalFoundries has proposed an innovative solution; a forward-thinking self-managed utility (SMU) as a way to cost-effectively and efficiently manage its own energy portfolio and meet its customers’ as well as Vermont’s high carbon reduction standards.

Unfortunately, critics have misrepresented the impacts to Vermont and mischaracterized GlobalFoundries’ intent. The benefits include:

  • GlobalFoundries economic impact in Chittenden County and the state is enormous and its continued growth and success in Vermont is important to all of us.
  • The approval of a Self-Managed Utility is critical for GlobalFoundries to manage its own energy costs, remain competitive nationally and globally, and continue to invest and grow in Vermont.
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  • Approval will enable GlobalFoundries to continue to make substantial investments in cutting-edge renewable and carbon-free energy generation projects at their campus in partnership with the University of Vermont and other local businesses.
  • GlobalFoundries Self-Managed Utility will help meet Vermont’s climate goals.

The next step in the process will be before the Public Utility Commission who will rule on GlobalFoundries’ petition to move forward. 

For questions or to learn more, please contact Chris Carrigan.

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To learn more, please contact Chris Carrigan.

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To learn more, please contact Chris Carrigan

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Fueled by strong consumer demand and shortages of goods amid a snarled supply chain, U.S. inflation hit a four-decade high in December with the Consumer Price Index (CPI) rising by 7%, the highest since 1982 according to the Labor Department. Rising inflation is also outpacing wage growth.

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The Supreme Court is hearing oral arguments on this tomorrow. We will provide updates as this continues to develop.

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Montpelier, VT (January 5, 2022) –

Responding to the address, Vermont Chamber President Betsy Bishop said, “Governor Scott’s speech today focused on our workforce and demographics challenge, issues that continue to top the Vermont Chamber agenda. We support initiatives to fund our training programs, build more housing, and provide relocation incentives, all of which will benefit from federal ARPA funds. However, Vermont’s disappearing workforce does not have an easy fix that can be solved with one time money. We need to encourage every Vermonter to participate in the workforce. There are jobs available for all skill levels in every industry. We need to tell our story nationally, that Vermont is a welcoming place for diverse populations, climate refugees, gig workers, and people who want to know they are part of a community.”
“Five years ago, the Vermont Futures Project estimated that we need 10,000 more workers annually and since the pandemic, that number has certainly increased. The Governor’s message today resonated as we plan for a robust economic future. With the help of recent federal funds, Vermont can invest in better broadband, more housing, accessible childcare and climate change initiatives. Focusing on increasing our population to strengthen our workforce is equally important and will prepare us for a strong future,” said Kevin Chu, Executive Director of the Vermont Futures Project.

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