McKnight's October 26, 2024
A labor battle has erupted in women’s pro basketball, and nursing home operators would do well to take note. The WNBA’s issue today might become yours tomorrow.
But first, some context: Following a record-breaking season, the WNBA’s players’ union is opting out of its collective bargaining agreement. The revised demands: better pay, improved working conditions and a better cut of overall profits.
I get it — securing the best possible deal is the American way. But isn’t an agreement supposed to mean something? Otherwise, why have one?
Regardless, this development could serve as a cautionary tale for skilled care operators. After all, there’s a clear parallel here.
The league has faced long-standing financial struggles, reportedly losing money every year for...