Physician Leadership Journal
Retaining Healthcare Workers
Employers can improve hiring and retention of healthcare workers by offering competitive wages, fostering a supportive work environment, and providing opportunities for professional growth. Addressing labor shortages, understanding generational expectations, and implementing retention strategies will mitigate high turnover costs and enhance organizational stability.
September/October 2024 Vol. 11, No. 5 pp. 61–63 DOI: 10.55834/plj.3282640904
Abstract
How can employers do a better job hiring and keeping healthcare workers? It is no news that hiring healthcare workers is difficult. Labor shortages are widespread, millennials and Gen Xers are expecting higher starting wages, and after employers hire and train a new employee, the risk that they will leave for a better paying job is rising fast. The cost of turnover is high, but it has always been higher than many practices realize and it’s probably bad for your bottom line.
