Workforce retention refers to an organization's ability to reduce worker turnover. In the healthcare industry, some reports show a 20 percent turnover, which organizations can improve through several strategies, such as providing support to new staff and adequate compensation.
New staff require assistance with understanding organization guidelines and protocols. They should also know where to locate the cafeteria, break rooms, and restrooms. A lack of proper onboarding can lead to frustration and higher turnover rates.
Employing sufficient staff can also improve workforce retention. A shortage of medical professionals like doctors, nurses, and other healthcare workers results in excessive workloads, stress, and burnout. The pressure can lead to some staff leaving their positions, exacerbating the existing shortage of workers.
Healthcare industry professionals and staff may work long hours and endure higher stress levels than others. Although clinics and hospitals must cover all shifts and remain ready for emergencies, organizations can allow for scheduling flexibility.
Lastly, healthcare organizations should remain up to date with industry compensation packages. Staff must have the ability to keep up with increases in the cost of living.