Workforce participation expected to continue to decline, report finds
By
John Roszkowski
Aug 27, 2024
In another troubling sign for the ongoing staffing shortages facing the long-term care industry, a new report finds that US workforce participation among the prime working age population is continuing...
AI can help cut billing tasks, but some staff not buying in
By
Kimberly Marselas
Aug 05, 2024
Artificial intelligence can pay major dividends when it comes to managing back-office billing efforts, but the key to maximizing payments with it lies in knowing exactly where to build in coaching 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.
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...
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...
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...