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.
Insurance among common fringe benefits offered to CCRC employees
By
Lois A. Bowers
Jul 19, 2024
Insurance is a popular fringe benefit paid to management employees of continuing care retirement / life plan communities, according to the findings of the 2024-2025 CCRC Salary & Benefits Report. The national...