Hi Timothy,
The expense is a quarterly payment for Worker Compensation. It was recorded
in error in General Liability Insurance and it will be moved to Worker Comp
under Other Caregiver Costs in November.
Thank you,
Hesham
On Mon, Nov 27, 2023 at 1:09 PM Diego Castaneda <diego.castaneda@thekey.com>
wrote:
> Hesham
> Can you look into this variance?
> If this is insurance related, you might be able to start with Lindsey.
>
>
> Thanks,
> *Diego Castaneda*
> Head of FP&A
>
>
> ---------- Forwarded message ---------
> From: Timothy Thomas <tt@thekey.com>
> Date: Mon, Nov 27, 2023 at 1:42 PM
> Subject: Re: October P&Ls - two things to note
> To: Diego Castaneda <diego.castaneda@thekey.com>
>
>
> Ok thank you.
>
> Upon an initial review of the Oct report, my main question relates to
> General Liability insurance in Vancouver where we have a 33k expense
> hitting. Could you please let me know what this is?
>
> Thanks
>
> On Mon, Nov 27, 2023 at 1:38 PM Diego Castaneda <
> diego.castaneda@thekey.com> wrote:
>
>> Timothy
>> Please note that Canada is still a work in progress. You and I discuss
>> ensuring payroll sits in the correct place. I believe I now have the info
>> we need and we will now start checking that it is all mapped out and
>> allocated as budgeted.
>>
>>
>> Thanks,
>> *Diego Castaneda*
>> Head of FP&A
>>
>>
>> ---------- Forwarded message ---------
>> From: Diego Castaneda <diego.castaneda@thekey.com>
>> Date: Mon, Nov 27, 2023 at 12:11 PM
>> Subject: October P&Ls - two things to note
>> 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>
>>
>>
>> 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
>>
>
>
> --
> Tim Thomas
> Head of Canada Division
> *Please note my email has changed:*
> tt@TheKey.com <tt@thekey.com>
> (514) 591-9387
> TheKey.ca <https://www.thekey.ca/>
> [image: TheKey] <https://www.thekey.com/>
>