Hiring bias from AI-powered selection tool costs company $365,000 in settlement
By
Kathleen Steele Gaivin
Aug 16, 2023
The Equal Employment Opportunity Commission last week settled its first-ever lawsuit involving alleged age discrimination through the use of artificial intelligence tools in the hiring process. The result...
Balancing costs, benefits a challenge in recruiting, retaining workers: survey
By
Kathleen Steele Gaivin
Jul 14, 2023
Battling increasing costs while investing in employee benefits often is a balancing act in the recruitment and retention of employees, according to the results of a survey from London-based global advisory,...
Senior living and care liability insurance rates stabilizing, but decreases not expected any time soon
By
Kathleen Steele Gaivin
May 02, 2023
Owners and operators of senior living and care facilities and communities are expected to see some deceleration in rate increases for liability coverage, according to a recent survey from Willis Towers...
CCRC, SNF platforms ‘pillars of stability’ as NHI shifts focus to growth, CEO says
By
Kathleen Steele Gaivin
Aug 10, 2023
National Health Investors is making progress on its return to growth through portfolio optimization plans announced in 2021, improvements in senior housing operating portfolio operations, and strategic...
With projected Fed decreases, investor confidence is rising
By
Kathleen Steele Gaivin
Feb 21, 2024
The past few years have been challenging on debt markets in real estate, particularly in the senior living and care market, but a “boost in investor confidence” is occurring now, according to Jason...
Workforce mental health needs increase for most large employers: survey
By
Kathleen Steele Gaivin
Aug 24, 2023
Seventy-seven percent of large employers reported an increase in workforce mental health needs in a recent survey by Business Group on Health. That’s an increase of 33% from a year ago, when 44% of employers...
Senior housing and care M&A activity drops in third quarter
By
Kathleen Steele Gaivin
Oct 18, 2023
Merger and acquisition activity in senior living and care dropped to 115 publicly announced deals in the third quarter compared with 120 known transactions in the second quarter, according to information...
Supreme Court expands employers’ requirements for religious accommodations
By
Kathleen Steele Gaivin
Jun 30, 2023
How far must an employer go to accommodate a workers’ religious practices? The Supreme Court ruled Thursday that an employer’s financial hardship must be more than a minimal one to deny a worker time...
Capital markets continue to be challenged by inflation, interest rates
By
Kathleen Steele Gaivin
Jun 23, 2023
The capital markets landscape continued to face headwinds from persistent inflation and rising interest rates throughout the first half of 2023, Berkadia CEO Justin Wheeler said Wednesday during a webinar...
Late boomers lag in retirement savings: report
By
Kathleen Steele Gaivin
Aug 17, 2023
Late boomers — those born between 1960 and 1965 at the tail end of the post-World War II baby boom — are not faring well when it comes to retirement savings. That’s according to a report published...