LeadingAge ‘mystified’ that senior living is missing from framework for National Plan on Aging
By
Kimberly Bonvissuto
Sep 18, 2024
Calling residential care communities such as assisted living a “vital member” of their communities, LeadingAge said it was “mystified” by its lack of inclusion in the strategic framework for a...
Workforce shortages in the healthcare industry are nothing new. But even with creative incentives and initiatives, continuing care retirement / life plan communities continue to struggle to recruit and...
Senior living CEO compensation expected to outpace general market increases
By
Kimberly Bonvissuto
Mar 07, 2022
Senior living CEO compensation and specialized C-Suite roles will continue to rise, according to an executive compensation analysis of not-for-profits.
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...
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...
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...