Voice of Business Blog Greater Rochester Chamber is beginning the process to initiate a request for proposal (RFP) for their employee 401k plan, specifically for their third-party administrator and recordkeeper vendors. A separate RFP will be done for 401k investment advisor at a later date. For phase one of the process, we have prepared…
Voice of Business Blog The results of the 2022 National Executive Compensation Survey were released in early June. This survey contains compensation and benefits/perks data for 48 top level positions. Coordinated by the HR Source, 1,607 organizations participated through 13 co-sponsors across the country. The co-sponsors are members of the Employer Associations of America…
Voice of Business Blog By Bob Whipple MBA CPLP, “The Trust Ambassador” What can leaders do to ensure the maximum number of people have a sense of purpose and meaning in their work? Here are a dozen ideas that can help. Have high ethical and moral standards. Operate from a set of values…
Voice of Business Blog On November 8, 2021, New York Governor Kathy Hochul signed an amendment to the New York Civil Rights Law which requires employers to provide an electronic monitoring notice to employees. This law is scheduled to go into effect on May 7, 2022. To date, NYS has not provided further guidance or…
Voice of Business Blog Greater Rochester Chamber has released its 2022 Annual Wage and Salary Surveys. The surveys report local wage data on close to 300 jobs, including those in administration, finance, human resources, information technology, customer service, sales and marketing, health care, and manufacturing. These surveys are a valuable benchmarking tool to help employers…
Voice of Business Blog The US DOL Wage and Hour Division has undertaken important steps toward safeguarding the rights of U.S. and H-2B workers through the H-2B visa program. To ensure that workers know their rights and employers know their obligations, WHD is providing these resources: Field Assistance Bulletin 2022-3: Employment in Unapproved Job…
Chamber News Release (ALBANY, NY) – Senator Jeremy Cooney (D-Rochester) and Assemblywoman Donna Lupardo (D-Endwell) announced the inclusion of legislation to allow licensed cannabis operators to make normal business deductions in New York in the final state budget. A8808/S7518 would amend NYS tax law to permit all licensed cannabis businesses to deduct ordinary and necessary business expenses…