CCRC outlook not getting worse but also not improving much, Fitch says
By
Kathleen Steele Gaivin
Jan 19, 2024
Fitch Ratings’ outlook for continuing care retirement / life plan communities is “deteriorating,” according to the company’s senior director and sector lead for life plan communities, Margaret...
Unemployment rate dips to 3.7 percent in November
By
Kathleen Steele Gaivin
Dec 11, 2023
The national unemployment rate declined from 3.9% October to 3.7% in November, according to the monthly unemployment report from the Bureau of Labor Statistics.
Fitch offers bleak outlook for life plan communities for 2024
By
Kathleen Steele Gaivin
Dec 05, 2023
Continuing care retirement / life plan communities are facing “fierce economic headwinds” heading into next year, according to a report released Monday by Fitch Rating
Not-for-profit senior living and care transitions set record in 2023: Ziegler
By
Kathleen Steele Gaivin
Nov 16, 2023
Transitions in ownership or sponsorship among not-for-profit senior living and care providers reached an all-time high in 2023, according to an update released this week from Ziegler.
Trustwell Living almost doubles in size with addition of 24 communities
By
Kathleen Steele Gaivin
Oct 13, 2023
Trustwell Living has almost doubled the number of communities under its management with the transition and rebranding of 24 communities across Arizona, Indiana, Iowa, Louisiana, Oregon, Texas, Washington...
Hiring, retaining workers starts with positive company culture
By
Kathleen Steele Gaivin
Jul 12, 2023
A positive company culture affects the bottom line and improves training, recruitment and retention, according to presenters at a Tuesday webinar hosted by Health Dimensions Group.
Supreme Court expands employers’ requirements for religious accommodations
By
Kathleen Steele Gaivin
Jun 30, 2023
How far must an employer go to accommodate a workers’ religious practices? The Supreme Court ruled Thursday that an employer’s financial hardship must be more than a minimal one to deny a worker time...
Fed ‘may have gone too far’ with rapid interest rate increases, expert says
By
Kathleen Steele Gaivin
Jun 14, 2023
A risk exists that the Federal Reserve “may have gone too far” with rapid interest rate increases over the past 14 months or so “and won’t know until they’ve gone farther,” Mary Ludgin, senior...
Supreme Court weighs how far employers must go to accommodate workers’ religious practices
By
Kathleen Steele Gaivin
Apr 18, 2023
Freedom of religion is paramount among American liberties, but can a business require an employee to work on Sunday if it goes against that person’s faith? The Supreme Court will hear arguments today...
Paid time off is fringe benefit unrelated to salary, court rules
By
Kathleen Steele Gaivin
Apr 07, 2023
An employer was victorious when an appellate court recently ruled that paid time off is a fringe benefit that is not related to salary.