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AG James urges Congress to prohibit crypto investments in 401(k) plans

New York Attorney General Letitia James on Nov. 22 urged congressional leaders to adopt legislation that would prohibit investing retirement funds in digital assets, such as cryptocurrencies, digital coins, and digital tokens.  Individual retirement accounts (IRAs) and defined-contribution retirement plans, like 401(k) plans and 457 plans for government employees, are key retirement investments for millions […]

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DiNapoli audit details problems with state UI system

ALBANY, N.Y. — The New York State Department of Labor’s (DOL) “failure to replace its long-troubled” unemployment-insurance (UI) system and ad-hoc workarounds to compensate for the old system “weakened” oversight and “ultimately contributed to an estimated billions of dollars in improper payments” during the COVID-19 pandemic.  That’s according to an audit that New York State Comptroller

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Launch NY rolls out resource navigator for startup firms

“Thanks to the support we received from NYSEG and RG&E, our team has been able to build this new web-based Resource Navigator that provides the most comprehensive directory of resources — most of them available at no- or low-cost — for startup founders and entrepreneurs in our ecosystem,” Marnie LaVigne, president and CEO of Launch

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Helio Health readies for leadership transition in 2023

SYRACUSE, N.Y. — Helio Health — the Syracuse–based agency that helps those dealing with substance-use and mental-health disorders — is preparing for a leadership transition in 2023.  Jeremy Klemanski, president and CEO of Helio Health and the Helio Health Foundation, is leaving the organization at the end of 2022.  Kathleen Gaffney-Babb, executive VP and COO

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Crumbl Cookies franchise store formally opens in DeWitt

DeWITT, N.Y. — A locally owned and operated Crumbl Cookies franchise store formally opened on Erie Boulevard in DeWitt on Dec. 2. Saumil Dalal, Swati Gandhi, and Disha Patel are the owners of the store at 3405 Erie Blvd, Suite 200, and also own and operate a Crumbl Cookies near Rochester. The DeWitt store, which

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Bassett expands digital medicine offerings with Columbia University to enhance cardiac care

COOPERSTOWN, N.Y. — Bassett Medical Center is expanding its digital medicine capabilities to include cardiovascular clinical services through an initiative with Columbia University’s Vagelos College of Physicians and Surgeons. Using digital technology, Bassett patients will have direct connections to cardiovascular specialists in Manhattan. The collaboration builds on the 90-year affiliation between the two organizations. “Our

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Loretto says employee coaching, training programs make a difference

SYRACUSE, N.Y. — Loretto has an employee-coaching program that started a few years ago and has, so far, helped more than a 1,000 of the organization’s employees since its inception. Loretto has also started its new “EDGE” training program to help employees feel more engaged and supported in the era of “quiet quitting.” EDGE stands

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Employers offering creative perks to attract and retain employees

In the tough tussle for talent, employers are getting more creative in finding benefits and perks to attract and retain employees. The Oneida Indian Nation in Verona recently announced a new scholarship program to help employees in the finance department obtain advanced degrees. And earlier this year, the organization opened affordable housing available to employees of

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Brown & Brown pays 12 percent higher dividend in Q4

Brown & Brown, Inc. (NYSE:BRO), the Florida–based parent of Syracuse–based Brown & Brown Empire State, recently paid a regular quarterly cash dividend of 11.5 cents per share for the fourth quarter. The dividend was 12.2 percent higher than Brown & Brown’s prior regular quarterly cash dividend of 10.25 cents a share. It’s the 29th straight annual

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Top trends in HR for 2023

Dawn Lanouette compiled a list of the top issues she believes that HR professionals need to be aware of in the coming year. In a state that passed a “ton of labor laws” this year, she says it can be hard for HR professionals to keep up. While her list is not all-inclusive, it targets

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