George Mesires Talks to McKnights Senior Living About Order to Assisted-Living Providers to Back Pay Employees

McKnights Senior Living reported that four interrelated assisted-living providers will pay a total of $398,000 in back pay, damages and civil penalties after they “willfully mismanaged payroll records” involving 132 employees. The publication turned to finance and restructuring partner and co-leader of the senior living and care team George Mesires for insight on the order.

“This consent order sends a clear message to owners and operators of senior living and care communities at a critical time when all providers are grappling with high labor costs: It is never okay to steal from your own employees, the very front line from whom so much has been asked over the past two years,” said Mesires.

He added that “these are serious repercussions, not just for the company, but also for its owners and officers.”