filings
| 2023-08-08 | earnings-call quote | receipt |
quotes
We mentioned the state per diem increases. Other tailwinds, I'm hoping the labor market is a tailwind as the labor market continues to come up with more. The labor pool grows, I should say, at least for our business. So those things are already in place. We're working on A couple other contracts where we think we can improve the terms, having discussions with government partners, and those are always difficult negotiations. But we've been quite successful in getting some of them done to point. So heading into the second half of the year with those things behind us.
Aug 8, 2023 / CFO / receipt, needs a key / David M. Burke, CFO | earnings call 2023-08-08 | transcript 3e5fba83-4b3d-424c-b0d5-7aa91fd8e18b | chars 47723-48294 | segment 47
On the state contracts, what we do is we try to educate primarily folks within the legislature where we're operating in that state to say, We're seeing inflationary environment. We're seeing competition for labor. By the way, the Department of Corrections is also seeing the same thing within their public facilities. And we go through the educational process to say that we think salaries need to go from X to Y and work with the appropriate appropriators within the legislature to get funding support ultimately that gets signed by the governor, hopefully. And then with that, we get a per diem increase.
Aug 8, 2023 / CFO / receipt, needs a key / David M. Burke, CFO | earnings call 2023-08-08 | transcript 3e5fba83-4b3d-424c-b0d5-7aa91fd8e18b | chars 58686-59292 | segment 59
steadybase-$