Re: Caregiver rate of pay

From
Elizabeth Manjarrez <emanjarrez@thekey.com>
To
Timothy Thomas <tt@thekey.com>
CC
Sharon Speirs <sspeirs@thekey.com>, Anna Ranay <aranay@thekey.com>, Angie Kunnath <akunnath@homecareassistance.com>, Chuck Terlesky <cterlesky@thekey.com>, Joey Taylor <joey.taylor@thekey.com>
Date
2022-09-09 10:54:20
Folder
INBOX
--000000000000f1e59d05e8423cb4 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Dear all, Looking forward to Angie's confirmation. Thanks On Fri, Sep 9, 2022 at 10:49 AM Timothy Thomas wrote: > I would support a new onboarding rage of $19-$22 but I will let Angie > confirm. We don't want to be turning away business at this time due to a > lack of cg supply. > > On Thu, Sep 8, 2022 at 7:24 PM Elizabeth Manjarrez > wrote: > >> 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 sheet= s, >> 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 4= 8 >>> % ( The Loving Home Care additions brought the margin down) but jumpin= g 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 Do= or's >>>> rate 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 ca= n >>>>> do another one, but at a glance at the current ads from other compani= es, >>>>> 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 = time >>>>>> again. >>>>>> Our rates are $37.50 per hour with credit card and $36.50 if the >>>>>> client 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 >>>>>> deactivated caregivers that we might be able to entice back. >>>>>> Sharon >>>>>> >>>>>> >>>>>> On Wed, Sep 7, 2022 at 4:59 PM Timothy Thomas wrote: >>>>>> >

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