We have an award named after him that we give annually to the community of the year; it’s called the Peter Small Award. The average Benchmark Senior Living salary ranges from approximately $20,000 per year for Nursing Assistant to $94,947 per year for Wellness Director. Questions and Answers about Benchmark Senior Living CEO. Stephanie began as an Executive Director and she’s been a super success story working her way up. Founder, Chairman and CEO Tom Grape has led Benchmark and its more than 6,300 associates to achieve over $2.5 billion in company value and $425 million in annual revenue. The baby boomers like things the way they like it, when they want it. The future of senior living is very bright and will look very different than it looks today. Founded in 1997 by Mr. Grape, Benchmark offers independent living, assisted living, memory care and continuing care retirement communities that are guided by Benchmark’s core values — Called to Care, Better Together, and Be the Benchmark, and are committed to … Every time we met with our prospective backer, he was getting paler and paler and ultimately I ran out of money. We’re bigger, we’re much more capable and deeper in our capabilities and our people strength and our reach and our capacities. Talent. Our industry continues to have unacceptable levels of turnover. Tom Grape, Chairman & CEO of Benchmark Senior Living, David Freshwater & David Barnes, Watermark Retirement Communities, Sean Kelly, President and CEO, The Kendal Corporation. The baby boomers are now the adult children, and the baby boomers have turned everything on their heads that they’ve ever touched. Today, with communities in 21 states, the Watermark team continues to develop and manage senior housing with specific attention to systems, processes and people. What’s the best piece of advice you’ve received in your career? I didn’t really think of myself as any sort of cowboy risk-taker at the time. He was our first investor and he was our angel. Suite 300 West Benchmark Senior Living LLC has 211 total employees across all of its locations and generates $55.16 million in sales (USD). Best Cities for Jobs 2020 NEW! With a background in finance and architecture, Freshwater happened upon senior living development early in his career after starting a market research firm that took a look into the fledging industry and challenged the conventional wisdom. We do a lot of things. Without some material subsidies—some states have material subsidies, but not many do—or without some substantially new operating model, which I’ve not yet seen, it is difficult to offer truly affordable assisted living other than on a handful of units in a building. The population has aged and has become frailer on average. We sat down with Winkle to learn about Sunrise's approach to growth and branding, the company's early foray into Medicare Advantage, and where he sees opportunities to excel through technology. In the early years of [Benchmark], I was obligated for a lot more money than I was worth. My board to this day comments about my risk profile having been extreme. The real estate company I was with at the time had teamed up with an operator—in a venture that did not work out. A free inside look at company reviews and salaries posted anonymously by employees. What’s been the biggest challenge Benchmark has faced and how did you overcome it? WALTHAM, Mass. https://bit.ly/3b3lBBV Tom Grape is Chairman/CEO at Benchmark Assisted Living. 201 Jones Road He was the rock of Gibraltar of Benchmark in the early years. The first one didn’t work, as I mentioned; I ran out of money. The Company offers independent and assisted living, memory and respite care, skilled nursing, and rehabilitation services. Growing pains. The interesting moment for me was when I knew that that wasn’t going to work but I had to do it again. There are too many examples of other people who may have been very successful as Executive Directors but then who aren’t developed or aren’t able to progress beyond that either because of their own inabilities or because they weren’t developed correctly or given the opportunities or whatever. America [ now Argentum ] and founded Mass-ALFA, the CEO of Benchmark Living... Everybody has to do it again nursing, and short stay programs guys started which! 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