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Healthcare Infographic

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Discover how to address turnover in the rapidly growing healthcare market.
Healthcare organizations face difficult challenges, including high turnover, budget constraints and a shortage of skilled workers. At the same time, they need to stay focused on their core mission of delivering quality care.

Published in: Healthcare
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Healthcare Infographic

  1. 1. REDUCING HIGH STAFF TURNOVER IN HEALTHCARE Turnover results in… » Lower quality of patient care » Staffing shortages » Increased workload for remaining staff members » Increased staffing costs » Frustrated employees and low morale » Higher rates of absenteeism » Greater organizational risk » Loss of productivity as new hires undergo training Organizations in the healthcare industry are experiencing unprecedented growth. of the nation's gross domestic product is attributed to healthcare spending 18% 30% in hospital job growth from 2014 to 2015, resulted in over 172,000 payroll additions INCREASE (Source: U.S. Bureau of Labor Statistics) of the 2.6 million new jobs created in the U.S. in 2015 were in healthcare 18% in Healthcare Challenges STAFF Retention
  2. 2. REDUCING HIGH STAFF TURNOVER IN HEALTHCARE Training is Important… 33% of employees believe their job skills fall short of where they should be 75% of workers feel that employers should provide a clear career development path www.netdimensions.com/healthcare What to do? » Provide new talent with the training needed to fill critical positions » Give on-the-go health workers the means to take training via mobile devices » Remind employees when new training is available for professional development » Provide courses with quizzes and exams to verify staff competencies and find areas for improvement » Equip managers with knowledge and tools to measure and develop staff » Ensure that you have the tools needed to calculate the ROI of your training investments rate of turnover in 2015 in the healthcare industry 18.9% (Source: CompData Surveys (2015)) of nurses over age 54 are considering retirement (Source: AMN Healthcare survey) High demand for talent and retirement of staff are contributing to high employee turnover at hospitals nationwide. Employees who feel their job skills are not up-to-date are more likely to leave. (Source: Spherion Staffing Services’ 2015 Emerging Workforce Study) NetDimensions can help you to provide the training and content your staff needs. Visit our website to learn how we can help reduce turnover and boost performance for your organization. in Healthcare Challenges STAFF Retention 62%

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