SURVEY DETAILS

TARGET POPULATION

For this Network Survey, GLG surveyed 50 senior executives within the care home industry within Europe (UK, France, Italy, Spain, and Germany). This is the third wave in this tracker series.

What will you learn from this survey?

  • The survey investigated the current trends and outlook of the care home industry throughout Europe (France, Italy, Spain, Germany, and the UK).
  • Furthermore, this research covered the impact of inflation and regulation on the industry moving forward.
  • Lastly, respondents discussed their views on staffing, including the proportion of overseas staff, and overall satisfaction.

Examples of findings:

  • Nearly half believe future fee rates will be in line with inflation, while this percentage has sightly decreased since May 2023, the proportion believing it will be below inflation has increased to three-in-ten.
  • Over one-in-four declared that the hourly rate for most junior carers is at 5% above minimum wage, while over one-third reported an hourly rate similar to minimum wage.
  • Nearly two-in-five reported an average rent cover for leasehold home to be less than 1x, while over one-third state it is 1.0x to 1.5x.

DELIVERABLES

The GLG Surveys team drafted the questionnaire with the support of GLG Network Member, Olivier Derycke, former CEO Korian.

  • 1 x Individual responses (“raw data”) in Excel.
  • 1 x PPT report with aggregated data.
  • In-depth PowerPoint report of survey findings presented by the Council Member via webcast (optional).

SAMPLE QUESTIONS

  • To what extent do you agree with the following statement: “Government regulation will become much more stringent in the next 5 years”?
  • Approximately, what are the operating costs (disposals, prime costs) inflation rates within the last 24 months?
  • For new home builds, what is the average mature occupancy assumption to achieve a return?
  • What proportion of your homes are nursing (as opposed to residential) homes?
  • What is your base hourly rate for your most junior carers?
  • Looking at the industry average, what percentage of staff are recruited from overseas?

ACCESS

This survey is available to subscribers of the Consumer Goods and Services (CGS) sector (Limited subscriptions and above). This offer includes the raw data file and a high-level presentation through PowerPoint. Please contact your GLG representative for details on your firm’s access.

DISCLAIMER

Please be advised that GLG Network Surveys operate differently than traditional GLG consultations, surveys, teleconferences, etc. and it is advisable that you consult with your firm’s legal and/or compliance department to review your use of the product and the payment for such work under your current subscription. 

By downloading this document and/or participating in the Network Survey, you understand and agree that the information and material provided by GLG, including survey results and survey proposal information, is provided for your own insight and informational purposes only. You further acknowledge and agree that this is a Network Survey for multiple GLG clients, and the results will be provided to all GLG clients that agree to participate in the Network Survey and GLG clients that agree to purchase the Survey results in the future. All survey results do not constitute investment advice or a recommendation. In using this Survey, you agree to hold Gerson Lehrman Group and the Survey respondents harmless and free of all liability as a result of your use of this Network Survey, other than liability resulting from the gross negligence or wilful misconduct of the protected party. You otherwise agree to be bound by Gerson Lehrman Group’s Usage Policies in your interactions with Gerson Lehrman Group and your receipt of services. These Survey results are for are for client’s own use and client shall not redistribute, disseminate, publish, or display the same, in whole or in part, to any third parties or publicly without the prior written permission of Gerson Lehrman Group, except explicitly set forth in your agreement with GLG. This survey will be double-blinded to both client and respondent. GLG reserves the right to restrict the number of clients that can pre-commit access. These Network Surveys are priced outside of standard GLG subscriptions but at a substantially reduced price to commissioning a fully proprietary GLG Network Survey. Upon finding these terms acceptable, please send an affirmative confirmation via email, which GLG will file in its records. Once confirmed, please note that the Client’s agreement to purchase the Network Survey is a legally binding and irrevocable commitment. If the survey is not included within your subscription, GLG will invoice Client for the fees due for the Network Survey. Please note that some respondents may not be Network Members, and the Terms and Conditions of Network Membership would not apply to such respondents and detailed records for them will not be available aside from the information that GLG capture in the Network Survey.

 

 

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