article thumbnail

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.

article thumbnail

Forget the Catchy Headlines – It Is Time for HR Leaders to Get Serious About Workforce Planning

CCI Consulting

a 28% quit rate in 2001 and 2010, following the 2000-2001 and 2008-2009 recessions). A significant contributing factor in 2021 is the increase in retirements with 1.5M more retirements than normal.  Instead, companies should look to reinvest in the key tenets of workforce planning.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Diagnosing and Preventing Nurse Burnout Using People Analytics

Visier

Nurse burnout–a state of physical, mental and emotional exhaustion caused by chronic stress–is a common problem in healthcare, one that came up often when I served as Director of Workforce Analytics and Special Projects at Vancouver Coastal Health, one of the largest healthcare organizations in British Columbia. intensive care unit nurses).

article thumbnail

What are you doing to plug your skills gaps? 

LACE Partners

Back in January Tim talked about the fact that the Government could be on the verge of redefining retirement and as the Spring Budget was announced a few short weeks ago, it is clear that efforts are being made to address how to tap in to previously under-utilised talent pools. What impact will the Spring Budget have?

article thumbnail

Forecasting in R: a People Analytics Tool

Analytics in HR

We can see from the visualization ( go here for the interactive version of the graph) that the term “people analytics” has trended upwards in Google web searches from January 2010 through to August 2020. The Training data represents that data from January 2010 to January 2019, while the Test data represents the last 18 months of data (i.e.,

article thumbnail

Predicting Employee Turnover using R

Analytics in HR

Traditional approaches such as employee engagement surveys and proper training for managers are important components of a good workforce planning strategy. The data also show that many of the terminations are retirements, especially in 2006–10. Retention of valued employees makes good business sense. Modeling — Terminations.

article thumbnail

What is HCAHPS and What Does it Mean for Healthcare Worker Engagement

Visier

At the same time, the population is aging and people are living longer with chronic medical conditions: by 2030 more than 20% of US residents will be 65 or older, compared to 13% in 2010. 10 Workforce Intelligence Cures for Improving Nurse Retention. Prepare for Nurse Retirements and Shortage with Intelligent Workforce Planning.