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5 Hiring and Retention Strategies for Healthcare | ClearCompany

ClearCompany HRM

High-turnover industry: Employee turnover in healthcare has risen since 2010, a decade before we saw it skyrocket during the pandemic. Retirement: Retirement was a top reason healthcare workers left their jobs over the past few years. Today, it remains higher than pre-pandemic levels.

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The Delicate Art of Choosing Part-Time vs. Full-Time Workers

Homebase

Cons of full-time jobs Higher costs: Going full-time often means more benefits like health insurance and retirement plans, bumping up your overall labor costs. Largely speaking, you’re not required by law to give full-time employees benefits, which can include: Health insurance Retirement plans (e.g.,

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Prepare for Nurse Retirements and Shortage with Intelligent Workforce Planning

Visier

With baby boomers heading into retirement — by 2050 an estimated 88.5 But there is another retirement population that is perhaps even more worrying to them: nurses. This means that more than one million RN’s will reach retirement age within the next 10-15 years, leading to a drastic shortage of skilled, tenured nurses.

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5 Surprising Statistics About the State of Employee Financial Wellness

Best Money Moves

63% of employees feel that economic uncertainty affects current and future workplace benefits and 401(k) retirement plans. Workers in the baby boomer generation are having to delay retirement due to the instability of the current economy. The percentage of employees that prioritized saving for retirement has dropped by ⅓.

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Diagnosing and Preventing Nurse Burnout Using People Analytics

Visier

According to a 2010 study of California’s policy by Linda Aiken, et al., As baby boomers reach post-retirement age, their demands on the healthcare system increase. In order to meet patient needs, 12-hour and 8-hour shifts operate on a rotational pattern. It’s a prevalent problem industry-wide. intensive care unit nurses).

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Deconstruct to Reconstruct: How Providence Health System Built an Internal Talent Marketplace (i4cp login required)

i4cp

Specifically, enrollment of students in nursing schools had been nowhere near the rate needed to meet current and future needs. Compounding this, nursing schools across the country were struggling to expand capacity to meet the rising demand for care in view of the national move toward healthcare reforms.

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What Is A 401(k)? And Why Should My Company Offer One?

Justworks

When you envision retirement, are you traveling the world or hanging out with your grandchildren? Here’s a scary thought: What if you don’t have enough to cover your essential living expenses for more than a few years when it’s time to retire? As an employer, you can help motivate your employees to prepare for their future.