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Message Boards Settings Healthcare Services Group (HCSG) - Quote Info
Minimum Wage Raise Effect     27-Jul-09 05:02 pm    
Look for the minmimum wage to effect HSG's bottom line.
Lets take a simple example:
A facility has 1000 hours
The AROP (average rate of Pay) Was 6.75( Very Realistic in NC)
Than that is about $1000 per month that will not be going to the bottom line any more!
This is just one facility, overall this will effect the companies bottom line greatly IMO...
Thoughts
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ncladiesman...

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Greensboro ...


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  Subject Author Rating Time of Post (ET)  
 
Minimum Wage Raise Effect
ncladiesman... Not rated 27-Jul-09 05:02 pm  
 
Prices go up with wages. Simple.
richfromwav... Rate it 28-Jul-09 02:04 am  
 
Its not that simple Rich! In a perfect world ...
ncladiesman... Rate it 28-Jul-09 09:55 am  
 
It's a good point and an issue that is generally n...
willnewell3... Rate it 28-Jul-09 09:06 am  
 
it wont matter to HCSG. they will just cut hours i...
packersguy4... Rate it 28-Jul-09 12:17 pm  
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Healthcare Services Group Inc. (HCSG)

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