Care and cost

Wages and staff costs are a major part of the cost of running a care home. Best practices run at about 60% of overall income, but 70% and more is not unusual. At a 10% profit level, before interest and tax, small increases in employee costs have a drastic effect on profit. Conversely reductions in […]

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When retirement goes…

Employers need to think through the implications of working with no retirement age. In theory any centenarian, or even super-centenarian (!) will be able to continue working indefinitely and forced retirement will not be an option. Lack of capability may be. Care with capability Tests of capability for older employees will have to meet the […]

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