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VIEWPOINT: 3 Ways Business Executives Can Fight Inflation
The dollar had an average inflation rate of nearly 9 percent in the last year. As a result, the real value of a dollar has been decreasing recently. The increasing inflation rate has dramatically impacted business and the economy. Many business executives seek practical strategies to fight inflation. 3 most important inflation impacts on businesses #1 Cash […]
VIEWPOINT: What Employers Need to Know about the NYS Healthcare Worker Bonus program
On Aug. 3, 2022, details of a new Healthcare Worker Bonus (HWB) Program were introduced in the New York State 2022-2023 budget. It allocates $1.3 billion for the payment of recruitment and retention bonuses to certain employees in frontline health care and mental-hygiene positions. This program follows the ongoing workforce effects from the global coronavirus pandemic
VIEWPOINT: How A Liquid Workforce Can Ease Hiring Woes
Why outsourced labor makes more sense than ever Outsourced labor isn’t a new concept in business. It’s long been a tried-and-true method to help keep teams lean, tap into areas of expertise that cannot be held internally, or free leadership up to spend more time on strategic planning and decision-making. But a few things today make
VIEWPOINT: A New World of Investing: Combating Inflation through Innovative Strategies
When it comes to investing, there have been a set of standard practices that have benefited long-term investors. That being said, in our current economic climate, where inflation rates are at an all-time high and the average American holds more than $90,000 in debt, investors have had to turn to new, modern ways to invest
CEO FOCUS: New CHIPS & Science law aligns with regional growth strategies
The [newly passed federal] CHIPS and Science Act will undoubtedly strengthen the United States’ global competitiveness in the semiconductor industry. The legislation also contains significant provisions that will accelerate regional economic growth and development, including $200 billion to support university R&D and technology development, supply chains, and STEM education. These CHIPS and Science Act investments and
VIEWPOINT: Inadvertent Disclosure and Privilege Claw Back
The dramatics of the Alex Jones trial have many litigators stirring about inadvertent disclosure of privileged information and what needs to be done to properly claw it back. The sheer volume of discovery that is exchanged between parties has exploded since the inception of “electronically stored” documents and communications. It is more likely than ever
VIEWPOINT: How to Tell If you Are Burned Out (and What to Do About It)
Many people suffer from burnout in their careers and life in general but may not realize it. Going through the motions, dreading the fact that it’s time to go to work, and feeling mentally exhausted are draining, but they can take a toll on one’s attitude, work performance, and quality of life. Knowing the signs of
VIEWPOINT: Getting Back to Business: 6 Tips to Boost Brand Loyalty & Trust
As businesses slowly return from more than two years of uncertainty, entrepreneurs are finding that their brands have been impacted. Internal organizational changes have affected workflows and processes including the communication necessary to maintain relationships. Shifts in the marketplace have altered consumer behavior and perception. Customer and audience relationships have become strained. With the stress
CEO FOCUS: Syracuse Surge Programs Prepare Local Talent for In-Demand Careers
Ensuring local talent has the skills and experience to meet the needs of employers is critical to our region’s economic progress. Likewise, efforts to attract a semiconductor manufacturer to the White Pine mega site in Clay must also include the preparation of community members to fill any new job opportunities. Connecting Syracuse residents to this
CEO FOCUS: Leveraging Opportunities to Drive New Progress for CNY’s Innovation Ecosystem
Over the past few weeks, I have been reflecting on how we think about our community, and the two decades of strategic planning and hard work that is transforming our regional economy. Today, among other achievements, we celebrate our entrepreneurial ecosystem. What was once a mark of how far we had fallen behind, is now
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