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Oct. 11, 2021Edition

🔒Q&A: UMass Memorial’s insurance plans

In September, Mary Hsieh became the first CEO of the newly created Mass Advantage, the insurance offered by Worcester healthcare provider UMass Memorial Health and its partners.

🔒Editorial: Cannabis is an economic development tool

The various cannabis businesses in and around Central Massachusetts – which include dispensaries, cultivation facilities, manufacturing plants, and testing labs – have proved themselves to be strong supporters of their communities.

🔒Why I mandated the vaccine for my staff

As a hospital system, we must model the behavior we want to encourage and be the change we want to see in the community.
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🔒Movers & Shakers for Oct. 11, 2021

People are on the move at Greater Worcester Community Foundation, North Brookfield Savings Bank, Reliant Medical Group, and more.

🔒Advice: Getting names right

Learning the name people want to be called is necessary as we build cultures elevating belonging.

🔒101: Knowledge lost

Institutional knowledge is something companies invest in, yet much of it gets lost, as it is kept in the brains of individual leaders or highly skilled team members who move to new jobs or retire.

🔒What an anniversary means to us

Milestones are causes for celebration. They denote the passage of time and allow us to take stock of the achievements filling that space.
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🔒10 Things I know about … Buying & selling a business

Buying or exiting a business can be an exciting and profitable venture, but it’s essential to do your due diligence.

🔒Facing a labor shortage, employers in low-wage industries may be forced to raise their salaries

When employers set wages, a lot of factors go into the decision. They ask themselves a variety of questions, including what they can afford, what is industry standard, what’s the market rate for the position, and, in some cases: Is this a living wage?

🔒At a crossroads, Hopedale grapples with its future

After 40 years of vacancy, the 1-million-square-foot Draper Mill facility is being demolished, leaving Hopedale with the chance to completely reinvent itself.

Polar Park’s Left Field Building approved for $3M tax break

The City of Worcester's $2.9-million tax break for the Madison Properties' 121,000-square-foot mixed-use building next to the $160-million Polar Park baseball stadium in Worcester, received final approval from the state, according to a Thursday press release from the state.
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