Proposed SEC rule would ‘hinder savers’ access to a secure retirement,’ legislators say
By
Kathleen Steele Gaivin
Jul 06, 2023
A proposed rule from the Securities and Exchange Commission would “hinder savers’ access to a secure retirement,” according to a joint letter to SEC Chairman Gary Gensler from Sen. Bill Cassidy (R-LA),...
Labor challenges a continued sore spot for CCRCs, Fitch Ratings says
By
Kathleen Steele Gaivin
Jul 24, 2023
Labor challenges are a continued pain point for continuing care retirement / life plan communities, according to a recent report from Fitch Ratings.
California Workforce Development Board grants $14M for CNA, LVA apprenticeship program
By
Kathleen Steele Gaivin
Sep 21, 2022
The California Workforce Development Board has granted $14 million to the Center for Caregiver Advancement to launch a statewide certified nurse assistant registered apprenticeship program and to pilot...
Noncompete agreement ban faces first legal challenge
By
Kathleen Steele Gaivin
Apr 25, 2024
Less than 24 hours after the Federal Trade Commission issued a final rule Tuesday that will prohibit employers across the country from using noncompete agreements in most instances, the rule faces its...
Healthcare ranks second among industries with workers frustrated by low pay: survey
By
Kathleen Steele Gaivin
Jan 19, 2024
Healthcare workers rank second among those frustrated about their industry’s pay, according to a recent analysis from USA Today Blueprint.
Staffing shortages ease for SNFs, but they’re not out of the woods yet
By
Kathleen Steele Gaivin
Oct 18, 2022
Skilled nursing properties reporting shortages of nursing staff dropped from 28% in January to 20.8% in September, according to the National Investment Center for Seniors Housing & Care.
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.
Labor market solid, with ‘notable pockets of weakness,’ ADP finds
By
Kathleen Steele Gaivin
Jun 06, 2024
“Job gains and pay growth are slowing going into the second half of the year,” ADP Chief Economist Nela Richardson said in a press release issued Wednesday in conjunction with the monthly ADP National...
Americans refocusing on future amid decline in financial readiness for retirement: analysis
By
Kathleen Steele Gaivin
May 31, 2023
Although financial readiness for retirement had been waning in recent years, Americans appear to be refocusing their efforts on saving for the future, according to Fidelity Investments’ Retirement Savings...
Want to keep employees? Offer a pension instead of a 401(k)
By
Kathleen Steele Gaivin
Apr 01, 2024
One way to entice employees to stay may be to offer them a pension instead of a hybrid retirement plan that is part pension and part 401(k), suggests a new report from the nonprofit National Institute...