What's Hot at HSC!HSC Statement DOL Overtime Regulations
On May 19, 2016, the Department of Labor (“DOL”) issued a final rule expanding eligibility for overtime pay by more than doubling the salary threshold for exempt white collar status and significantly increasing the salary threshold for “highly compensated employee” status. HSC supports this expansion of overtime eligibility as it will benefit both our workers and the communities we serve. At the same time, we are deeply concerned that without the proper investment from government, nonprofits will have difficulty implementing this new policy... Read more here.
HSC Executive City Budget Statement (FY17)
On Tuesday, April 26, 2016, Mayor Bill de Blasio released the New York City Executive Budget for Fiscal Year 2017. This $82.2 billion spending plan includes funding to support the next step of the Mayor’s $15 wage floor for nonprofit human services workers under contract with the City, but given the financial fragility of the sector, it falls short in other significant ways. Most importantly, the Executive Budget provides no funding for cost-of-living adjustments (“COLAs”) for the human services workforce or to combat the wage compression that will result from the increase in the wage floor... Read more here.
HSC Executive State Budget Statement (FY17)
Late in the evening on March 31, Governor Andrew Cuomo and New York’s legislative leaders announced an agreement on the Fiscal Year 2017 State budget. The FY 2017 spending plan includes some significant victories for the State’s workforce and for the human services sector... Read more here.
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HSC In The NewsAllison Sesso Interviewed by Liana Downey - 5/16/16
Liana Downey, author, speaker and strategic advisor, interviews Allison Sesso, Executive Director of the Human Services Council about the collapse of a $250m nonprofit organization; the Commission the Human Services Council spear-headed to investigate this and other industry bankruptcies; and the Commission's findings. A must-listen podcast with major ramifications for policy makers, government, funders and nonprofit leaders...Listen here.
The Trouble with City Contracts - 5/13/16
In my 27 years at The Fortune Society, there has never been a time when the nonprofit community in New York City has been under so much pressure to achieve results, while restrictions on the government funding we receive continue to increase. All this while the needs of the populations we serve are escalating...Read more here.
Weighing the Risks…Before It’s Too Late - 5/11/16
Too many nonprofit institutions across the country are facing major financial hurdles that put their survival in jeopardy, but too few have systems in place to know just how close they are to the brink.The loss of a major contract, a series of emergency building repairs, or a bad bet on Medicaid Managed Care could easily send them over the precipice and deprive hundreds of individuals, if not thousands, of services on which they depend...Read more here.
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