Turnover rates among assisted living staff hold steady for most operators: report
By
Kathleen Steele Gaivin
Jan 26, 2023
Turnover rates among assisted living staff members were stable for the most part in 2022, according to the 25th annual Assisted Living Salary & Benefits Report by Hospital & Healthcare Compensation Service.
Operator to spend $2.5 million to raise minimum wage, adjust pay for others at its communities
By
Kathleen Steele Gaivin
Nov 29, 2021
Richamond, VA-based Pinnacle Living expects to spend $2.5 million on an initiative that will see the minimum starting wage increase to $15 and wages adjusted for other employees at its retirement communities,...
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.
Ziegler predicts ‘fierce headwinds’ continuing into new year
By
Kathleen Steele Gaivin
Jan 09, 2023
“Fierce headwinds” will keep blowing for long-term care providers in 2023, according to specialty investment bank Ziegler. Inflationary pressures and workforce challenges are still in play, but reasons...
Hourly wage growth slowing across long-term care, Fitch Ratings says
By
Kathleen Steele Gaivin
Apr 12, 2023
Wage growth is slowing as labor begins to stabilize in continuing care retirement / life plan communities, assisted living communities and nursing care facilities, according to Fitch Ratings latest monthly...
Argentum apprenticeship program exceeds first-year expectations
By
Kathleen Steele Gaivin
Jul 02, 2021
Argentum’s apprenticeship program has passed the 1,200-participant goal in its first year of funding from a $6 million Department of Labor Employment and Training Administration Closing the Skills Gap...
Specialty positions pick up in long-term care
By
Kathleen Steele Gaivin
Feb 02, 2023
Specialty positions are on the rise within senior living and care companies, according to specialty investment bank Ziegler
Proposed national paid leave program could ‘open up larger conversation’
By
Kathleen Steele Gaivin
Mar 15, 2024
President Joe Biden’s proposed budget for 2025 includes a measure to establish a national paid family and medical leave program. The program would be administered by the Social Security Administration.
Senior living company focuses on ‘upside’ of getting older
By
Kathleen Steele Gaivin
Dec 01, 2022
Peter Badgley and Jake Rothstein founded start-up company Upside two years ago, billing the firm as a “new category of senior living.”
38 percent of workers are subject to noncompete agreements, GAO says
By
Kathleen Steele Gaivin
May 18, 2023
An estimated 38% of workers have been subject to an NCA at some time in their careers, the US Government Accountability said in a new report.