October P&Ls - two things to note

From
Diego Castaneda <diego.castaneda@thekey.com>
To
Jennifer Piper <jennifer.piper@thekey.com>, Kimberly Guerci <kguerci@thekey.com>, Beth Ann Rosario <bethann.rosario@thekey.com>, Coddye Ring-Noonan <coddye.ringnoonan@thekey.com>, Kevin Stallo <kstallo@thekey.com>, Araceli Gutierrez <araceli.gutierrez@thekey.com>, Jennifer Geist <jennifer.geist@thekey.com>, Kirk Hayes <khayes@thekey.com>, Timothy Thomas <tt@thekey.com>, James Buscemi <jbuscemi@thekey.com>, Triff Cook <triff@thekey.com>, Chen Xie <chen@thekey.com>, Aileen Ruffin <aruffin@thekey.com>, Jaime Cittadino <jcittadino@thekey.com>, Miriam Valiente <miriam.valiente@thekey.com>, Melissa Reyes <melissa.reyes@thekey.com>, Audra Williams <audraw@thekey.com>, Tiffany Silton <tsilton@thekey.com>
CC
Paul Kahn <paul.kahn@thekey.com>, Hesham Al-Esaei <hesham.alesaei@thekey.com>, Nicolas Lopez <nicolas.lopez@thekey.com>, Helen Liu <hliu@thekey.com>, Geraldine Nath <geraldine.nath@thekey.com>, Natalie Cahoone <natalie.cahoone@thekey.com>
Date
Mon, 27 Nov 2023 12:11:35 -0500
Folder
INBOX
--000000000000a0089c060b2565b4 Content-Type: text/plain; charset="UTF-8" Hello Leaders We are starting to distribute the Region/Site P&Ls. You will see them in your inbox shortly. Two changes in Oct: 1) Caregiver Wages - CG wages were allocated to the Sites based on where the CG is allocating her/his time. In the past this was done based on the CG home cost center. This new change should make Site margins more accurate by aligning Billed Hours with Paid Hours. 2) Personnel Allocations - In October we started allocating Leadership across all the Sites they manage/support and also, using your feedback, we allocated other individuals that support the Regions. Our goal is to have Compensation expenses better aligned by Site. This is the first month we do this so please let me know if you notice something out of the ordinary. Additionally, unfortunately *Dilly* is no longer with TheKey and please help me welcome *Hesham*, who just joined the FP&A team. He is in the process of getting up to speed and you will start seeing emails from him. Thanks, *Diego Castaneda* Head of FP&A --000000000000a0089c060b2565b4 Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Hello Leaders We are starting to distribute the Region= /Site P&amp;Ls. You will see them in your inbox shortly.=C2=A0 Two changes=C2=A0in Oct: 1) Caregiver Wages - CG wag= es were allocated to the Sites based on where the CG is allocating her/his = time. In the past this was done based on the CG home cost center. This new = change should make Site margins more accurate by aligning=C2=A0Billed Hours= with Paid Hours.=C2=A0 2) Personnel Allocations - In October we = started allocating Leadership across=C2=A0all the Sites they manage/support= and also, using your feedback, we allocated other individuals that support= the Regions. Our goal is to have Compensation expenses better aligned by S= ite. This is the first month we do this so please let me know if = you notice something out=C2=A0of the ordinary. Additionally, unfortunately Dilly is no longer with TheKey and plea= se help me welcome Hesham , who just joined the FP&amp;A team. He is = in the process of getting up to speed and you will start seeing emails from= him. = Thanks, Diego Castaneda Head of FP&amp;A --000000000000a0089c060b2565b4--

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