Article Publication Date:
10/20/2004
Summary:
The ROI calculator allows states to analyze the economic & social impact of additional investment in the wages of direct-care staff working in their personal care services programs. Designed to incorporate a wide range of factors--including the size of a proposed wage increase, staff turnover costs and retention rates, and issues related to implementation design--the calculator provides state policymakers with an easy-to-use tool for identifying the real costs and benefits of a wage increase.
Topics:
N/A
Types/Tools:
Populations:
Direct Care Workforce
Sources:
Paraprofessional Healthcare Institute
Programs/Initiatives:
N/A
States:
Keywords:
Long-Term Care
ROI; Economic Multiplier Benefits
Contact
Steven Edelstein
Paraprofessional Healthcare Institute
Edelstein@paraprofessional.org
Phone:
718-402-7413
Short URL: http://www.advancingstates.org/node/50323