Fitch Ratings finalizes updates to CCRCs rating criteria
By
Kathleen Steele Gaivin
Aug 20, 2024
Fitch Ratings has finalized changes to its ratings criteria for not-for-profit continuing care retirement / life plan communities to better reflect the risk profile for rated communities, the company...
FTC’s noncompete ban upheld in one district court — a different conclusion than reached in another...
By
Kathleen Steele Gaivin
Jul 25, 2024
A federal judge in Pennsylvania on Tuesday denied a request to block enforcement of the Federal Trade Commission’s final rule banning noncompete agreements in most instances.
NLRB issues new rule regarding workers’ union representation decisions
By
Kathleen Steele Gaivin
Jul 29, 2024
The National Labor Relations Board on Friday issued a final rule that it said restores and protects workers’ decisions regarding whether they want to be represented by a union in the workplace.
SEC re-opens comment period on executive pay disclosure rule
By
Kathleen Steele Gaivin
Feb 01, 2022
Proposed federal rules would require public companies to disclose how the pay of their top executives lines up with a company’s financial performance. Before that happens, the Securities and Exchange...
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...
Federal judge blocks enforcement of noncompete final rule for some employers
By
Kathleen Steele Gaivin
Jul 09, 2024
A federal judge has issued a stay and preliminary injunction that will block enforcement of the Federal Trade Commission’s final rule on noncompete agreements for some employers.
Executive indicted for fixing nurse wages at 3 companies
By
Kathleen Steele Gaivin
Mar 17, 2023
A federal grand jury on Wednesday indicted an executive of three home healthcare agencies for conspiring to fix the wages of nurses in violation of the Sherman Antitrust Act, which dates back to 1890.
FTC challenges the challengers on noncompete rule
By
Kathleen Steele Gaivin
Jun 03, 2024
In response to mounting legal challenges and a looming court decision expected July 3, the Federal Trade Commission has filed a response to those seeking to stay a rule banning employer noncompete agreements.
LCS in rare company as ‘Exceptional Workplace’
By
Kathleen Steele Gaivin
Apr 05, 2023
Des Moines, IA-based Life Care Services is one of just 57 employers nationwide and the only senior living company to earn a 2023 Gallup Exceptional Workplace Award, the company announced last week. This...
Brookdale to ‘shore up forecasting and financial control’ with leadership changes, analyst says
By
Kathleen Steele Gaivin
Jan 17, 2023
Leadership changes announced Friday by Brookdale Senior Living President President and CEO Lucinda “Cindy” Baier are meant to “shore up forecasting and financial control,” Stifel analyst Tao Qiu...