Notes from ASHHRA 2018: The Key to Employee Pipelines
Healthcare Leadership Series On-Demand
Key Takeaways from ASHHRA 2018The numbers are particularly bleak on the nursing front. Shortages on our healthcare frontlines have been predicted for years, and recruitment alone isn't enough to fill the gaps. Just how dire is illustrated by the comings and goings detailed by one presenter:
- 25% of new RN graduates are leaving the profession after one year
- 81% of RN's will retire in 10-15 years
Solving the Shortage? We're Going to Have to Get CreativeThe underlying message is that healthcare is changing. And to keep up, talent strategies will have to change with it. Employers are going to have to get creative -- like one of our healthcare clients who embraced education strategy by putting tuition assistance under talent acquisition. Such "re-recruiting" is generating results, getting already committed employees to pursue new roles while developing critically needed skills. The results speak volumes -- a seven-year low for a key nursing vacancy. "We are continually looking for ways to help them achieve personal goals," wrote our client, "while aligning them to the organizations needs both now and in the future."
Great strategy -- a fresh, effective way to take on the new realities. It also answers another key takeaway from the ASHHRA Thought Leader Forum: the perils of getting stuck in a rut. "We can't keep doing the same things over and over again," said one participant, "and expect different results."
August 15, 2018