Tag Archives: Crains

Crain’s Manhattan Borough President Debate

Crain’s New York Business will hold a Business Breakfast Forum on Wednesday, July 10, 2013, 8:00 a.m. – 9:30 a.m. at The Yale Club of New York City. Attendees will meet the candidates for Manhattan Borough President and hear the candidates answer questions from debate moderator Greg David, Crain’s columnist and director of CUNY Graduate School of Journalism’s Business Reporting Program.

The candidates will discuss:
– How they would spend the office’s capital and expense money
– How they would steer zoning and planning in Manhattan
– Their visions and top priorities for the borough

Confirmed candidates:
Council Member, Gale Brewer
Council Member, Robert Jackson
Council Member, Jessica Lappin
Julie Menin, Former Chair of Manhattan Community Board #1

To register for this event, visit Crain’s website.

Crain’s Op-ed: Fixing workers’ comp

Crain's New York Business logoThe following op-ed was posted by Crain’s New York Business. It zeros in on the high cost of New York’s workers’ compensation system. The op-ed mentions The Business Council’s advocacy efforts to improve that system – efforts that are bearing some fruit.

Crains: Corruption, campaign finance reform and fracking may be hot topics in Albany, but rank-and-file businesses across the state are more concerned about a less sensational subject: workers’ compensation. While it’s not an issue that propels political careers, New York’s system costs a whopping $6 billion a year. Surveys show only health insurance to be a greater worry for business owners.

Workers’ compensation reform happens rarely in New York because powerful vested interests—notably the plaintiff bar—are adept at maintaining what, for them, is a lucrative status quo. Aside from some key changes won by Gov. Andrew Cuomo in this year’s budget, the last significant fix was in the early days of the Spitzer administration. That 2007 change broadened the distribution of money, the vast majority of which had been going to a small fraction of workers injured on the job. But the savings that businesses were projected to realize have been overwhelmed by rising costs that were ignored or even abetted by the Spitzer reform.

With three weeks remaining in the 2013 session, there is little hope that legislators will make any more improvements this year. In fact, the business lobby is currently occupied—as it often is—with blocking bills that would make the system worse. The trial lawyers’ lobby knows its best defense is a good offense, so it pushes poisonous bills that consume the business community’s attention and resources.

Meanwhile, the Cuomo administration has shifted its efforts to improvements it can make administratively. In fact, it implemented one just last week: The Workers’ Compensation Board, after seven months of intensive advocacy by the Business Council of New York State, declared that injured employees can be assumed to have reached “maximum medical improvement” after two years. Even though the healing process for nearly all injuries rarely exceeds eight months, businesses hailed the new policy as a victory because lawyers had been dragging out cases, allowing their “still healing” clients to milk the system for six years of interim payments before starting the 10-year compensation clock established by the 2007 reform.

But many similar quirks remain unaddressed, notably the outdated schedules that dictate how long workers are paid for a given injury. Thanks to advances in medical care, ailments that once persisted for months or years are now fixed in a fraction of that time—yet the gravy train of yesteryear rolls on. That should be addressed this year by Mr. Cuomo, and next year he must press the Assembly again for reforms it denied him in March. The quest for a fair and rational workers’ compensation system continues.

[NOTE: As New York’s employers continue to struggle under the growing costs of the Workers’ Comp system, The Business Council is uniquely poised to make a significant positive impact to the system.  Not only is The Business Council the recognized representative of New York’s businesses by the Administration and the Board, through very regular communication, the Legislature has added our participation in the process into law.]

Crain’s: Sick-leave bill finalized

twitter-logoChris Bragg, reporter for Crain’s New York Business and blogger for Crain’s Insider, posted the following story on the City Council bill that would mandate five paid six days to full-time employees for businesses with 20 or more employees, Crain's New York Business logoa measure strongly opposed by business groups in New York City.

Click here to get more details.

Click here to read a statement released by the Manhattan Chamber of Commerce outlining its objections to the paid sick-leave measure.

Crain’s: Biz scrambles to weaken sick leave

 

Nancy Ploeger, President of the Manhattan Chamber of Commerce
Nancy Ploeger, President of the Manhattan Chamber of Commerce

Nancy Ploeger, president of the Manhattan Chamber of Commerce, is working with many business groups to weaken the paid-sick leave legislation that is making its way through the City Council. Crain’s New York Business reporter, Chris Bragg, spoke with Ploeger for the Crain’s Insider blog. He details her objections to the bill which are echoed by the five borough chambers.

Click here to read more.

Crain’s: Want to produce locally? Incubators are springing up to help connect designers and factories… but…

But Finding the Middlemen is Not So Easy

Good story here, and one The Business Council is familiar – New York has lost thousands of manufacturers – from 2000 to 2008, the manufacturing sector of Upstate New York lost nearly 105,000 jobs.  Adrianna Pasquarelli, a Crain’s New York Business reporter, posted an interesting story about how difficult it can for designers to find local manufacturers.

Click here to read Pasquarelli’s interesting story.

Click here to go to The Business Council’s Made in New York website. It features our members products and services.   Click here to join the Made in New York Movement.

Made in New York logo

 

 

 

 

Made in New York website, "It's a call to buy in New York, the more we can create a good business environment, the better we can strengthen our economy and create meaningful jobs." Heather Briccetti, President and CEO of The Business Council of NYS, Inc.

Crain’s: Minimum wage revelations

twitter-logo Greg David,  blogger and reporter for Crain’s New York Business, gets to the meat of the matter in the debate over minimum wage; David questions the validity of studies that claim a boost to the minimum wage will lead to Crain's New York Business logoa stronger economy. The Business Council agrees.  Read our statement opposing an increase to the minimum wage.

Click here to read David’s story.

 

Crain’s: Lawsuits feared from new unemployment law

twitter-logoAnnie Karni, reporter for Crain’s New York Business, takes a close look at the ramifications of New York City’s new law banning employers from discriminating against unemployed job applicants. The City Council overrode Mayor Bloomberg’s veto of the legislation which many business leaders also opposed.

Click here to read Karni’s report.