For the past several decades, the U.S. labor pool has grown rapidly as increased numbers of women and “baby boomers” of both genders joined the workforce, and as the relatively small number of persons born during the Great Depression retired. The future looks much different… Health care will face the twin challenges of attracting and retaining replacements for retiring workers while expanding its workforce to care for an aging population.
Through the deep recession of 2008-2009, healthcare employers could pretty well count on their workers to stay put, even clinical specialists in particularly high demand. But with the economy on the mend, some health care professionals inevitably will start to look for greener pastures. That’s why executives and managers at hospitals and other health care providers are renewing their efforts to retain those hard-to-replace specialists in whom they’ve invested substantial resources.
While Facebook may come to mind as the most likely social media tool for this purpose, it isn’t! This is because Facebook is primarily a social, not a professional network like LinkedIn or BioCrowd. Further, despite Facebook’s gargantuan size, the lack of real time interaction coupled with the sheer volume of updates, ads, activities and games at the site render it largely ineffective as a job advertising or recruiting tool.
In March healthcare added another 37,000 jobs – the most so far this year, according to the U.S. Bureau of Labor Statistics…. Even with the new jobs being created, healthcare – like other fields – needs to be carefully considered before a potential employee accepts a job.
The health care workforce shortage has abated, thanks largely to the Great Recession and its lingering effects, which have persuaded many employees to postpone retirement and are prompting a growing number of physicians to seek hospital employment…. Nursing is one staffing area in which some hospitals went from famine to feast…. But be warned: This is the calm before the storm. A larger, more challenging shortage across multiple disciplines is on the horizon. Experts predict a shortage of about 260,000 registered nurses and 150,000 physicians by 2025 and 38,000 pharmacists by 2030.
With the current focus on supply costs, inventories, and productivity, we sometimes overlook the fact that the senior HR leaders in healthcare have the responsibility to strategically manage the most significant and largest expense and resource of any healthcare organization -– the people who provide the care and service. Even though the CFO does not have complete control or influence over supply costs, it remains their ultimate responsibility to make sure the costs are managed efficiently and wisely. Likewise, the CHRO has the added responsibility of dealing with the tightly intertwined cost of people and the impact any decisions will have on the motivation and engagement level of individuals with emotions and concerns.
Report Summary In comparison to other sectors, the health care and social assistance sector’s demographic profile is disproportionately composed of older workers and women. Health care employers can expect a large-scale exodus of older workers in the forthcoming years, and because the
Article Summary Many North American healthcare organizations are expected to face a leadership succession crisis, according to a survey of 117 senior industry executives and managers conducted by American Management Association/Corporate Learning Solutions. Fewer than 7 percent of healthcare organizations are well
Article Summary The United States needs to invest more in primary care providers – one of nine ways to increase the healthcare workforce, according to the Center for American Progress. In a new report released Thursday, Ellen-Marie Whelan and Daniel Derksen of
White Paper Summary The Program in Global Medical Education and Social Change, housed within the Department of Global Health and Social Medicine at Harvard Medical School, seeks to forge long-term academic partnerships to support the education of health professionals and to create