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...
Key strategies for a happier senior care team
By
Richard Birke
Aug 01, 2024
Managing a diverse workforce in the challenging environment of long-term care requires a high degree of leadership skill. Residents’ and patients’ lives, and the quality of their lives, depend...
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...
Compensation rises more than 3 percent year over year for some execs
By
Kathleen Steele Gaivin
Feb 24, 2023
Long-term care corporate executives saw an average salary increase of 3.17% in 2022 regardless of the size or revenue of their companies, and salaries for their counterparts in home health / hospice rose...
Will we see CEO pay ratios in 2018?
By
Lois A. Bowers
Jul 10, 2017
Don’t count on the federal government repealing or delaying a rule requiring companies to disclose the discrepancy between CEO compensation and the median compensation of employees.
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.
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.
Brookdale finds itself in the midst of another federal inquiry, this time about skilled nursing
By
Lois A. Bowers
May 07, 2024
The country’s largest senior living company on Sunday found itself the subject of an inquiry related to a new federal mandate for minimum staffing at nursing homes. Brookdale Senior Living President...