Care directors are getting older

Posted on June 1st, by editor in Caring Times. No Comments

A new study by Plimsoll Publishing has found that the average director in the residential care homes sector is 54 years old and has been in the job for more than six years. The average salary is £28,000. The study found that, despite an 8% yearly turnover of directors, almost 30% of directors had held their position for more than 10 years. Thirty-five per cent of UK directors in the residential care homes sector are now over 60 years old and, in the next three to five years, as these directors reach retirement age, Plimsoll says there could be a profound effect on the companies they formerly controlled. According to the study, 16% of all companies in the sector had appointed directors within the last two years. Plimsoll says the individual performance of the top 1,000 UK companies in the sector is contained in the study, as well as the contrasting profiles of the sector¹s 2,654 UK directors. For details of the analysis call Plimsoll Publishing on (01642) 257800.

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