Personnel Recruitment and Retention
| HSM 543 Health Service Finance | Course Project | | Julio Quintero | 2/23/2013 |
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Personnel recruitment and retention
According to the American Nurses Association (2013), the United States is projected to have a nursing shortage that is expected to intensify as baby boomers age and the need for health care grows. Compounding the problem is the fact that nursing colleges and universities across the country are struggling to expand enrollment levels to meet the rising demand for nursing care. According to the Bureau of Labor Statistics’ Employment Projections 2010-2020 released in February 2012, the Registered Nursing workforce is the top occupation in terms of job growth through 2020. It is expected that the number of employed nurses will grow from 2.74 million in 2010 to 3.45 million in 2020, an increase of 712,000 or 26%. The projections further explain the need for 495,500 replacements in the nursing workforce bringing the total number of job opening for nurses due to growth and replacements to 1.2 million by 2020 (2).
Due to the increase in nursing shortages there is currently a significant amount of competition to retain our nurses, especially the most qualified nurses. Hospitals that are unable resolve the economic supply and demand nursing shortage could be facing a serious financial loss if they are unable to recruit top nurses and retain their own nurses. The American Association of Colleges of Nursing (AACN) is concerned about the shortage of Registered Nurses (RNs) and is working with schools, policy makers, kindred organizations, and the media to bring attention to this health care crisis. AACN is working to enact legislation, identify strategies, and form collaborations to address the nursing shortage. The AACN has identified that insufficient staffing is raising the stress level of nurses, impacting job satisfaction, and driving many nurses to leave the profession have impacted the nursing shortage.
According to an
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Personnel recruitment and retention
According to the American Nurses Association (2013), the United States is projected to have a nursing shortage that is expected to intensify as baby boomers age and the need for health care grows. Compounding the problem is the fact that nursing colleges and universities across the country are struggling to expand enrollment levels to meet the rising demand for nursing care. According to the Bureau of Labor Statistics’ Employment Projections 2010-2020 released in February 2012, the Registered Nursing workforce is the top occupation in terms of job growth through 2020. It is expected that the number of employed nurses will grow from 2.74 million in 2010 to 3.45 million in 2020, an increase of 712,000 or 26%. The projections further explain the need for 495,500 replacements in the nursing workforce bringing the total number of job opening for nurses due to growth and replacements to 1.2 million by 2020 (2).
Due to the increase in nursing shortages there is currently a significant amount of competition to retain our nurses, especially the most qualified nurses. Hospitals that are unable resolve the economic supply and demand nursing shortage could be facing a serious financial loss if they are unable to recruit top nurses and retain their own nurses. The American Association of Colleges of Nursing (AACN) is concerned about the shortage of Registered Nurses (RNs) and is working with schools, policy makers, kindred organizations, and the media to bring attention to this health care crisis. AACN is working to enact legislation, identify strategies, and form collaborations to address the nursing shortage. The AACN has identified that insufficient staffing is raising the stress level of nurses, impacting job satisfaction, and driving many nurses to leave the profession have impacted the nursing shortage.
According to an
References: 1. American Nurses Association (2013). Recruitment and Retention of Nurses. Retrieved on 01/27/2013 fromhttp://www.nursingworld.org/MainMenuCategories/ThePracticeofProfessionalNursing/workforce/Recruitment 2. http://www.bls.gov/news.release/ecopro.t06.htm 3. http://www.aacn.nche.edu/media-relations/fact-sheets/nursing-shortage 4. http://www.aacn.nche.edu/publications/position/tri-council-shortage 5. www.NurseRecruitmentandRetention.com 6. http://www.highretention.com/nursing.html