Workforce retention means bridging the generational gap, expert says
By
Kimberly Bonvissuto
Aug 31, 2023
Onboarding, listening and management and executive training are keys to workforce retention, according to one expert.
Talk about a rough Labor Day
By
John O'Connor
Aug 31, 2023
Monday marks Labor Day. But given recent developments, many senior living operators might feel as if they are in a labor daze.
Companies with female CEOs are more eco-friendly, researchers say
By
Kathleen Steele Gaivin
Oct 07, 2022
Companies led by women tend to make more environmentally friendly decisions, according to researchers at the School of Management at Northwestern Polytechnical University in Xi’an, China.
SCOTUS places ‘tombstone’ on Chevron doctrine, upending operation of federal agencies
By
Kimberly Bonvissuto
Jul 01, 2024
A Supreme Court decision handed down Friday morning could transform the way federal agencies operate, providing the basis for senior living operators and other companies to challenge agency decisions.
Learn about staffing, AI solutions from industry experts June 27 at free virtual event
By
Lois A. Bowers
Jun 21, 2024
Join McKnight’s for a complimentary “Meeting of the Minds” virtual event on Thursday, June 27, to hear the latest news and information about staffing and artificial intelligence from industry experts.
‘This is what we have been waiting for’: Ventas CEO
By
Kimberly Bonvissuto
Nov 07, 2022
Reporting sustained — and accelerating — growth in the real estate investment trust’s senior housing business, Ventas Chairman and CEO Debra Cafaro said Friday during a third-quarter earnings call...
Maryland becomes sixth state to require salary, wage disclosures in job listings
By
Kathleen Steele Gaivin
May 10, 2024
Effective Oct. 1, Maryland will join five other states and the District of Columbia in requiring employers to disclose salary or wage ranges upfront in job listings.
Hourly wage growth slowing across long-term care, Fitch Ratings says
By
Kathleen Steele Gaivin
Apr 12, 2023
Wage growth is slowing as labor begins to stabilize in continuing care retirement / life plan communities, assisted living communities and nursing care facilities, according to Fitch Ratings latest monthly...
Senior living hourly wages outpace private sector, but competition for workers continues
By
Kimberly Bonvissuto
Apr 24, 2024
Hourly wages in senior living communities have increased by 30.9% over the past five years, outpacing growth in the broader private sector by 6.5 percentage points. But the labor market remains “exceptionally...
Specialty positions pick up in long-term care
By
Kathleen Steele Gaivin
Feb 02, 2023
Specialty positions are on the rise within senior living and care companies, according to specialty investment bank Ziegler