--00000000000000ff2f05e832babb Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Dear all, Please take a look at the competitive rate report. The first tab is for June this year and the other one is for today. If you compare both sheets, most companies have increased their pay rates in the last 3 months, our company has one of the lowest. Looking forward to hearing from you. Thank you Competitive rates 2022 On Thu, Sep 8, 2022 at 10:08 AM Sharon Speirs wrote: > Morning, > Yes we need to keep the margins which currently are pretty healthy at 48 = % > ( The Loving Home Care additions brought the margin down) but jumping to > $40.00 could be challenging. I do think a range where it depends on > complexity, number of hours ,location etc makes sense and moving it to 38 > -42 would be an easier sell. > Sharon > > > On Thu, Sep 8, 2022 at 9:45 AM Timothy Thomas wrote: > >> According to your competitor shop, Home Instead is well over $40/hour. I >> think this is where we need to be in order to get our caregivers in the = low >> 20s and preserve margin. Thoughts? Personally I like Nurse Next Door's r= ate >> range of $39-43/hr... >> >> On Thu, Sep 8, 2022 at 12:35 PM Elizabeth Manjarrez > emanjarrez@thekey.com> wrote: >> >>> Good morning, >>> >>> Yes, the last competitor shop was done in the summer. We certainly can >>> do another one, but at a glance at the current ads from other companies= , >>> the average pay right now is $20/hour plus benefits. >>> >>> I'm busy today with training, but I can coordinate with Anna to do some >>> calls between today and tomorrow. >>> >>> On Wed, Sep 7, 2022 at 5:09 PM Sharon Speirs wrote= : >>> >>>> Thanks for responding Tim as it is late there! >>>> >>>> We did a competitor shop recently for both wages and pricing- I will >>>> find it and send it to you but it was before the summer so might be ti= me >>>> again. >>>> Our rates are $37.50 per hour with credit card and $36.50 if the clien= t >>>> pays by EFT. $40.00 per hour if under 20 hours per week. Our rate for = all >>>> facilities is $36.00 including VCH. >>>> We pay caregivers $20.00 if registered but only if they work for the >>>> VCH clients. >>>> Elizabeth and I will discuss tomorrow as we need caregivers right away >>>> so if we have some leeway it could help as we have a pool of deactivat= ed >>>> caregivers that we might be able to entice back. >>>> Sharon >>>> >>>> >>>> On Wed, Sep 7, 2022 at 4:59 PM Timothy Thomas wrote: >>>> >>>>> Thank you both for bringing this to my attention. >>>>> >>>>> Firstly i would recommend we do a competitor shop to assess their >>>>> payrates. Perhaps Anna could do this tomorrow? Sharon please ask her = as >>>>> chuck is off tomorrow. I=E2=80=99d also like to know if we have shopp= ed billing >>>>> rates recently, if not lets get that done asap as well. >>>>> >>>>> In the meantime i would recommend increasing your pay scale to $19-$2= 2 >>>>> to see what that yields and lets reassess when th