After coming back from a long weekend filled with turkey and cranberry sauce, we were eager to bring our readers a full week of news. We clued readers into another important pick from the incoming Trump administration and new plans from Brookdale Senior Living (NYSE: BKD). Here in the newsroom, we were wishing we had […]
DOL
A U.S. District Court judge has granted an injunction to stop the Department of Labor’s (DOL) overtime rule, which was set to go into effect Dec. 1. The judgment pauses a rule that would have impacted 4.2 million American workers by guaranteeing overtime pay to salaried workers making $47,476 per year ($913/week) or less. If the […]
Spring is in full swing, with another new senior living company blooming onto the scene. This week, the news that Adam Kaplan, a former Senior Lifestyle Corp. executive, is launching Solera Senior Living captured our readers’ attention. We also kept our readers in the know about another executive shakeup at Brookdale, why REITs may be […]
The U.S. Department of Labor (DOL) has dramatically increased the number of salaried workers eligible for overtime, sending senior housing executives—and business leaders in other sectors—crunching numbers and considering how to cope with labor costs that could skyrocket. Specifically, employers now may have to pay overtime to salaried workers making $47,476 a year ($913 a […]
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