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...
Older workers’ shift in priorities a benefit to employers
By
Kathleen Steele Gaivin
Aug 22, 2024
By the time workers reach around age 60, their priorities often shift, with factors like engaging work and increased autonomy becoming top considerations, according to research from Bain & Company.
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...
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...
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.
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...
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...
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,...