Recruitment and Retention |
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The cost of staff turnover is estimated between 1.5 – 2x annual salary per FTE so there is a significant ROI in retaining staff. RN vacancies are expected to rise due to retiring staff turnover, with most departments reporting that nearly a third of their staff plan to retire within the next 5 years. Nurse Managers face a critical challenge to retain existing staff and recruit the best new nurses. Nurse Managers need support in avoiding the natural tendency to improve efficiency by asking staff to do the more work with fewer resources, which leads to increased turnover. Concerro addresses turnover directly by bringing new and more efficient processes together with software tools to sustain the gains. Hiring notices frequently highlight the Concerro solution as a benefit because is a proven tool to increase retention and promote recruitment. Generational shifts in the workforce require hospitals to adopt systems that engage their staff and offer an improved work-life balance in order to retain the best talent. The Concerro ShiftSelect solution embodies the principals of employee choice and immediate access and has the highest adoption rates in the industry.
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