White Paper:
Tools of Engagement: Improving Workplace Quality

Element 1 of the Workforce Management Wellness Series

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There’s a crisis today in the healthcare industry; a crisis of spirit. No matter what conclusions are drawn about the pros and cons of healthcare reform, it is having a psychological effect, as shown in a recent study in which 57% of all nurse leader participants acknowledged healthcare reform had already had a substantial impact on morale.

As healthcare reform begins in earnest and the extent of its impact becomes clear, healthcare organizations will need to place renewed focus on the morale of those individuals who are working so hard with so much less.

Since labor costs represent nearly 60% of a hospital's overall expenses, workforce management plays a major role in achieving the dual g3als of cost reduction and improved productivity. As a proven, cost-effective way to attract and retain motivated workers and increase morale, efforts to increase employee engagement will become a lifeline for hospitals, especially as economic conditions improve and competition for top talent increases.

 
 
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