Older Americans Act discussion draft prompts litany of recommendations from senior living industry
By
Kimberly Bonvissuto
Jul 26, 2024
Addressing long-term care opportunities for the direct care workforce and adopting an all-of-government approach to aging are among the recommendations senior living leaders made in comments to senators...
Senior living CEO compensation expected to outpace general market increases
By
Kimberly Bonvissuto
Mar 07, 2022
Senior living CEO compensation and specialized C-Suite roles will continue to rise, according to an executive compensation analysis of not-for-profits.
Staff development helps combat high cost of turnover
By
Kimberly Bonvissuto
Jul 30, 2024
Although workforce challenges in senior living abound — including the high cost of turnover — there are “bright spots illuminating a path forward,” according to the findings of a new workforce...
Single-site senior living CEOs, CFOs ‘in the weeds’ more but earn less than multi-site counterparts
By
Kimberly Bonvissuto
May 03, 2022
Leaders at single-site, not-for-profit senior living organizations tend to have their “finger on the pulse” of their communities and find themselves “in the weeds” more than their multi-site counterparts,...
Long-term care executives see 2.98 percent salary increase
By
Lois A. Bowers
Feb 09, 2021
Long-term care corporate executives saw an average increase in salary of 2.98% in 2020, according to the 2020–2021 Multi-Facility Corporate Compensation Report released Monday by the Hospital & Healthcare...
Long-term care corporate executives see 2.81% salary increase
By
Lois A. Bowers
Feb 18, 2020
Long-term care corporate executives saw an average salary increase of 2.81% in 2019, according to data released Friday by the Hospital & Healthcare Compensation Service.
67 percent of senior living operators expect to expand workforce: ASHA survey
By
Kimberly Bonvissuto
Apr 21, 2021
Consensus exists in the senior living industry that COVID-19 delivered a temporary setback in the industry’s growth, according to a special issue brief from the American Seniors Housing Association.
Long-term care CEO compensation averages $555,340: report
By
Kimberly Bonvissuto
Feb 27, 2023
Salaries for the nation’s long-term care CEOs range from $318,168 to $600,846, with average total compensation landing at $555,340, according to the 39th edition of the Multi-Facility Corporate Compensation...
NLRB withdraws appeal of decision enjoining ‘joint employer’ rule
By
Lois A. Bowers
Jul 22, 2024
The National Labor Relations Board on Friday withdrew its appeal of a district court ruling that enjoined its “joint employer” final rule.
New practices, strategies help improve life for those with dementia, caregivers: report
By
Kimberly Bonvissuto
Jul 26, 2024
New practices and strategies are helping senior living communities improve the everyday lives of residents living with dementia and their caregivers, according to a new report from Sodexo that aims to...