In a Trying Industry, What's the Secret to Worker Retention?
by YES! Magazine on Aug 22, 2014 | Views: 174 | Score: 0
Industry standard for home care workers | Cooperative Home Care Associates (a worker-owned co-op) | |
---|---|---|
Annual Turnover Rate | 55 | 15 |
%
Sources:
yesmagazine.org, washingtonpost.com
In the home care industry, turnover is high, but not for the home care workers in America's largest worker-owned co-op. Cooperative Home Care Associates has 2,300 workers who enjoy good wages, regular hours, and family health insurance. With an investment of $1.2 million into the cooperative sector, New York City is hoping to build on the group's success. More: bit.ly/1oS3UZA