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SMALL BUSINESS SPOTLIGHT: M3 Placement and Partnership thrives during uncertain economy
M3 Placement and Partnership, an Albany–based recruiting firm that services areas that include the Mohawk Valley, says it would like to expand its outsourced-recruitment (RPO) services, or what is also known as recruitment-process outsourcing. It’s a division of the business that offers outsourced-recruiting services to companies “looking place a high volume of candidates in open […]
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M3 Placement and Partnership, an Albany–based recruiting firm that services areas that include the Mohawk Valley, says it would like to expand its outsourced-recruitment (RPO) services, or what is also known as recruitment-process outsourcing.
It’s a division of the business that offers outsourced-recruiting services to companies “looking place a high volume of candidates in open roles,” Amanda Bogorad, VP of marketing for M3 Placement and Partnership, tells CNYBJ in an email.
The company also wants to increase the number of executive searches and direct placements that it’s involved in during 2024.
“So far this quarter, we have already added new clients and are seeing a number of successful searches,” Bogorad adds.
M3 Placement and Partnership also says it has “doubled in size” over the past five years, both in its employee count and revenue generation, although declining to disclose specific sales figures.
The business has also been awarded Minority and Women-Owned Business Enterprise (MWBE) recertification from the state, along with the U.S. Small Business Administration Upstate New York District’s Women in Business Champion of the Year award for its CEO’s “unwavering commitment to women entrepreneurs,” per M3’s Feb. 6 announcement.
“We attribute this growth to our integrated services model that looks to understand the root causes of a company’s challenges and our highly talented team’s dedication to delivering exceptional customer service,” Mary Malone McCarthy, CEO and founder of M3 Placement and Partnership, said in the announcement. “Whether a company is in a stage of transition or high-growth, or they’re searching for stability during a fluctuating market, we’re able to help companies thrive with the talent they need to achieve their long-term vision. At the end of the day, all companies start and end with the right people in the right positions.”
Launched in 2012, M3 Placement and Partnership offers executive search, direct placement, and recruitment-process outsourcing services to clients in industries such as health care, professional services, renewable energy, nonprofits, and manufacturing.
The majority of the M3’s 20 employees live and work within the Albany, Rochester, Utica, and Saratoga Springs areas, the company said.
“Our philosophy is to learn the why behind each company, understanding not just the needs of the position but also the strategy and vision behind the decisions that have made the company who it is today,” McCarthy said. “Because of this philosophy, we’ve attracted some incredibly talented experts that really want to be a part of this growth journey with us and are thrilled to match top talent with the top talent of our region.”
Over the past two years, M3 says it has placed more than 60 individuals in executive and direct search positions and more than 800 individuals through its outsourced recruitment-process service. Many of its clients utilize a combination of services to meet their business needs and strategically grow as an organization.
“My father was an entrepreneur, mentor, and an incredible guiding force in my life. From an early age he taught me to care passionately for your team, customers, and community while living by the phrase ‘do a little more, a little better every day.’ Much of my success today is based on those life lessons and the exact philosophy I’ve applied to M3,” McCarthy said. “We have so many repeat clients that seek out our services year after year, in addition to our ever-growing list of new clients, many of whom we become connected with via referrals from current clients. In a time when the economy has been so uncertain, I think this really speaks to how much companies rely on a trusted partner to help them find talent they can navigate these uncertain waters with.”
Prior to launching M3 Placement & Partnership, McCarthy spent more than 15 years as senior VP at Northland Communications, a company her family owns. She was responsible for the firm’s public relations, marketing, and customer relations.
Before her service with the family business, McCarthy worked as a regional manager for the staffing unit of Olsten Corp. in Albany, which Adecco, a Switzerland–based staffing company, acquired in 1999.
OPINION: New Yorkers are Not Happy, and It’s Not Surprising
I t’s no surprise New Yorkers expressed dissatisfaction with the state’s direction in a Siena College poll [released on Feb. 20]. We are [about] two full months into 2024, and Gov. Kathy Hochul and her legislative counterparts have done little to address the root causes of New York state’s major economic challenges and spiraling cost-of-living
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I
t’s no surprise New Yorkers expressed dissatisfaction with the state’s direction in a Siena College poll [released on Feb. 20]. We are [about] two full months into 2024, and Gov. Kathy Hochul and her legislative counterparts have done little to address the root causes of New York state’s major economic challenges and spiraling cost-of-living issues.
Budget talks have danced around big-ticket policy problems like a looming multi-billion-dollar deficit, one of the worst tax climates in the U.S., and the staggering expense of accommodating the thousands of migrants arriving here, which continues to grow, but there has been little talk about overhauling what is a clearly misguided agenda.
According to the Siena poll, 56 percent of New Yorkers reported that the quality of life in the state is worsening while only 14 percent indicated they believe it is improving. That is an overwhelming margin and clearly shows the existing policies are not working. What makes this data even more frustrating is the fact that none of these issues are particularly new to New York. For years, the Assembly minority conference has been calling for a friendlier business and taxpayer environment only to watch the out-of-touch Assembly majority conference double down on failing tax-and-spend policies that exacerbate our struggling economy.
As elected officials, it is imperative we listen to the concerns of those we represent. Polling matters. The voice of the constituency matters. And you don’t have to simply rely on the survey data to see the problems here. New Yorkers continue to leave the state in record numbers, and the overwhelming outmigration numbers tell you all you need to know about what is wrong with New York state. I’m not really sure what else the governor and her allies need to see; the people have expressed extreme dissatisfaction with the work being done here, and many of them have simply left.
Earlier this year, I spoke on the Assembly floor about how we can make wholesale improvements to New York’s quality of life. [The changes include] stop treating criminals better than law-abiding citizens, expand the availability and visibility of vocational job training in our schools to fill much-needed labor gaps, deliver increased resources and improve services for our state’s rural communities, and bring ethics oversight, transparency, and accountability to government operations. [That is] so we stop wasting money on programs that do nothing to make residents’ lives better and enhance and create programs to make childcare more affordable and accessible.
[In budget negotiations], I sincerely hope that the voices of our constituents rise to the second floor of the Capitol and provide the push needed to give the people what they want — and need. The people aren’t happy, and we must do something about it now.
William (Will) A. Barclay, 55, Republican, is the New York Assembly minority leader and represents the 120th New York Assembly District, which encompasses all of Oswego County, as well as parts of Jefferson and Cayuga counties.
OPINION: Yes, Congress needs to represent us, but it also needs to act
Back in January, you might have noticed a story from Oklahoma about James Lankford, that state’s senior U.S. senator. Lankford, a Republican, was spearheading his caucus’s negotiations with Democrats over the country’s border policies. This made GOP activists back home unhappy, and at a weekend meeting, members of the state party approved a resolution condemning
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Back in January, you might have noticed a story from Oklahoma about James Lankford, that state’s senior U.S. senator. Lankford, a Republican, was spearheading his caucus’s negotiations with Democrats over the country’s border policies. This made GOP activists back home unhappy, and at a weekend meeting, members of the state party approved a resolution condemning Lankford and vowing to withhold their support until he ended negotiations.
I get that people can legitimately disagree over policy. But condemning someone for negotiating in Congress? That’s what Congress is all about.
Let’s begin with this simple point: Yes, we send people to Congress to represent us, but that’s only half of the reason they’re there. The other half is that it’s their responsibility to make hard decisions on behalf of the American people and to help us meet the challenges we face. In our system, it’s the people we elect — in this case, Congress and the President — who do that. Thankfully, no one else can swoop in and do it for them.
I say “thankfully” because one of the things that makes their work so difficult is the first part of their responsibilities: to represent their constituents. They’re our voices in the halls of power — and if you think about the broad expanse of this country and the diversity of its people, its cities and small towns, its counties and its states, you can understand why the ability to seek common ground and to negotiate is so crucial. Without it, huge swaths of the American people lose their voice and their representation. You could argue, in fact, that negotiation and compromise lie at the heart of the American experiment with democracy.
Yet they’re just part of what needs to happen. The other part of what’s required from Congress is to make the country work.
As we’ve seen over the past decade or more — and certainly so far this year — this is extremely tough when the U.S. is as politically divided as it is now. And it’s especially tough when one of the chambers has a strong faction of members who put ideological purity ahead of taking action on the country’s problems and responsibilities. House Republicans’ intractability on the border and on aid to Ukraine and Israel almost certainly plays well at home in their GOP-dominated districts, but [I believe] it weakens the U.S.’s ability to meet the moment. It means that Congress is keeping the country from doing what needs to be done.
It’s at moments like these that I’m reminded of one of my favorite statues in the Capitol. It’s of another Oklahoman, Will Rogers, and it stands in the second-floor corridor between the rotunda and the House chamber. The story — passed from generation to generation of members of Congress — is that Rogers requested it be placed there so he could keep an eye on them. Capitol officials say the location was actually chosen by the sculptor because it had the best light, but I’m with tradition here: Congress needs watching over by ordinary Americans. And if it’s not doing its job — if it’s keeping the U.S. gridlocked and unable to act wisely and forcefully as needed — then its members need to hear from us.
I believe strongly in representative democracy. I think it’s one of the great ideas developed by humankind and given form, in part, by the U.S. But the more I watch it in action, the more I’m impressed by how difficult it is to make it work. Giving the multitude of Americans their voice while at the same time crafting policies that can get a legislative majority and move the ball forward takes a huge amount of effort by people who are working hard to find common ground. This requires that members of Congress square their shoulders and step up to their responsibilities — [overcoming] whoever is trying to knock them off their path.
But it also requires that we, as ordinary Americans, give [our representatives in Congress] room to make things work. Not condemn them for trying.
Lee Hamilton, 92, is a senior advisor for the Indiana University (IU) Center on Representative Government, distinguished scholar at the IU Hamilton Lugar School of Global and International Studies, and professor of practice at the IU O’Neill School of Public and Environmental Affairs. Hamilton, a Democrat, was a member of the U.S. House of Representatives for 34 years (1965-1999), representing a district in south-central Indiana.

Salvation Army of Binghamton to move office location
BINGHAMTON, N.Y. — The Salvation Army of Binghamton recently purchased a building on Walnut Street that will serve as its new base of operations, replacing

Buffalo-Rochester-Syracuse tech hub has applied for phase-two funding of up to $54 million
The Buffalo-Rochester-Syracuse tech hub has submitted its application for up to $54 million in phase–two implementation funding. The tech hub is officially known as the

Greater Oswego-Fulton Chamber of Commerce annual meeting included speakers, awards
OSWEGO, N.Y. — The year’s annual meeting of the Greater Oswego-Fulton Chamber of Commerce (GOFCC) showcased remarks from speakers and awards honoring businesses and individuals. The organization held the annual meeting Feb. 29 at the Lake Ontario Event and Conference Center in Oswego. More than 250 people attended the event. The GOFCC is an affiliate
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OSWEGO, N.Y. — The year’s annual meeting of the Greater Oswego-Fulton Chamber of Commerce (GOFCC) showcased remarks from speakers and awards honoring businesses and individuals.
The organization held the annual meeting Feb. 29 at the Lake Ontario Event and Conference Center in Oswego. More than 250 people attended the event.
The GOFCC is an affiliate of Syracuse–based CenterState CEO.
In her remarks, GOFCC Executive Director Sara Broadwell spoke about the impact that its members are having throughout Oswego County. In keeping with the event’s theme, “Momentum,” the GOFCC also recognized several businesses and individuals who are “continually creating new opportunities” in Oswego County.
“Oswego County is moving forward profoundly, and quickly. When we unite our efforts and harness the power of collaboration and shared purpose — we can go further, faster,” Broadwell said, according to a GOFCC release. “As we continue to gain momentum, others will further build on the pace and positive impact being achieved here.”
Joe Nehme, senior manager of external affairs at Micron Technology, Inc. (NASDAQ: MU) provided the keynote address. He offered an overview of Micron’s plans for a semiconductor-manufacturing campus in the town of Clay, and the “significant impact”that the company’s investment stands to have on all of Central New York, including Oswego County.
“Having worked in and been in this community for many years, I know momentum has existed.” Nehme said, per the GOFCC release. “The seeds planted here are validated by Micron’s choice to come to Central New York. For Micron to be successful, all of Central New York, including Oswego County, will need to work together.”
Chamber awards
GOFCC also presented four awards during the annual meeting. It recognized Dr. Ali Hawthorn, owner of Highland Animal Hospital in Central Square with the Small Business Award.
In addition, GOFCC presented Farnham Family Services in Oswego with the Impact Award and honored Oswego County Federal Credit Union with the Community Investor Award.
The chamber also presented the Nancy L. Premo Woman of Distinction Award to Rachel Pierce, executive director of the Workforce Development Board of Oswego County.
Cayuga Health, Visiting Nurse Service of Ithaca and Tompkins County announce affiliation
ITHACA, N.Y. — Officials from Cayuga Health and Visiting Nurse Service of Ithaca and Tompkins County (VNS) announced that the two organizations have affiliated, effective
Broome County is accepting applications for Small Community Fund grant money
BINGHAMTON, N.Y. — Broome County’s Small Community Fund grant program is now accepting applications for the seventh round of funding available to municipalities, nonprofits, and

Excellus reports net loss topping $23 million in 2023
ROCHESTER, N.Y. — Excellus BlueCross BlueShield says it ended 2023 with a net loss of $23.2 million. Excellus, Central New York’s largest health insurer, reported the net-loss figure in its annual report filed Friday with the New York State Department of Financial Services. The 2023 net loss compares to the reported net income of $58.9
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ROCHESTER, N.Y. — Excellus BlueCross BlueShield says it ended 2023 with a net loss of $23.2 million.
Excellus, Central New York’s largest health insurer, reported the net-loss figure in its annual report filed Friday with the New York State Department of Financial Services.
The 2023 net loss compares to the reported net income of $58.9 million on $6.6 billion in premium revenue in 2022. The 2022 net–income figure had declined 50 percent from the $117.6 million the health insurer generated in 2021.
In its Friday announcement, Excellus says it received $6.6 billion in premium revenue in 2023 and spent $6.2 billion in medical benefits for its 1.5 million members.
The Rochester–based health plan attributes the 2023 net loss primarily to a $271 million increase in medical benefits paid last year. Excellus, like other health insurers nationwide, continues to “experience increases in utilization and costs” for medical benefits and prescription drugs.
“We’re a company that budgets for thin financial margins and giving ourselves such a narrow window can sometimes result in a small net loss when facing the unexpected,”Jim Reed, president and CEO of Excellus, said in a news release. “As our communities emerge from the pandemic, we’re seeing significant increases in high-cost inpatient hospital utilization, outpatient surgeries on hips and knees, and new prescription medications.”
A change in how the federal government sets hospital–reimbursement rates for Medicare Advantage plans has also impacted the health plan’s finances, Excellus said. An update to the Medicare wage index will bring an additional $1 billion of increased federal payments annually to upstate New York hospitals.
“We’re glad to see this increased funding for hospitals in our region,” Reed said. “Our challenge, however, is that we’re now reimbursing hospitals more for providing care to Medicare Advantage members without a corresponding increase in health plan funding for Medicare Advantage premiums from the federal government.”
As a mission-driven nonprofit, Excellus says it strives for a low operating margin. Overall, the health insurer in 2023 spent 93 cents out of every premium dollar collected on direct patient care including medical and pharmacy claims, and activities that improve the quality of care. Over the last 20 years, the health plan has averaged a net margin of 1.7 percent.
Health–plan reserves totaled $1.68 billion at the end of 2023 or the equivalent of 91 days of claims and operating expenses. Excellus says its reserves are “like a savings account to be drawn upon for unforeseen higher expenses” such as a pandemic. The health plan also incurred $441.4 million in federal and state taxes and fees in 2023.

SUNY Poly names two commencement speakers
MARCY, N.Y. — Heather Hage, Griffiss Institute president/CEO, and Mike Ballman, Cornerstone Community/Plymouth Bethesda Church pastor and community activist, will serve as the commencement speakers
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