Nursing Turnover - A Vibrant Problem in Healthcare Management : Costs , Causes , & Solutions

نویسنده

  • Surendra Kumar
چکیده

Nursing turnover is a major issue impacting the performance and profitability of healthcare organizations. The financial cost of losing a single nurse has been calculated to equal about twice the nurse’s annual salary. The average hospital is estimated to lose about Rs.3,00,000/per year for each percentage increase in annual nurse turnover. Losing these critical employees negatively impacts the bottom line of healthcare organizations in a variety of ways including Decreased quality of patient care, Loss of patients, Increased contingent staff costs, Increased nurse and medical staff turnover, Increased staffing costs, Increased accident and absenteeism rates, etc. The primary causes of nurse turnover can be analyzed by understanding why nurses choose to work for an organization and ensuring this ‘employee value proposition’ is met; and identifying things that occur after nurses are hired that lead them to quit even though their initial job expectations were met. This paper reviews the consequences and financial costs of nursing turnover, the primary causes of nursing turnover, and methods to increase retention in these pivotal

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تاریخ انتشار 2012