Losing a single bedside RN can cost hospitals anywhere from $28,400 to $51,700, resulting in the average hospital losing between $3.6 million to $6.5m per year — and that’s if they can find the right people to fill that vacancy.
Healthcare hiring managers and HR teams tend to be strapped for time and resources. When employees quit, they need to get people in those positions as quickly as possible. But these conditions can lead to short-sighted hiring approaches and troublesome turnover rates.
However, strategic recruitment is a solution to prevent this turnover problem. Healthcare organizations that hire the right people from the beginning see improved satisfaction among workers and patients, and they reduce their financial and personnel losses.
Here’s a sneak peek of some key points and topics we cover: