Caregiver turnover rates in home care rose to a record 82% in 2018, according to the most recent Home Care Benchmarking Study. This is a 15% over previous years. The study involved nearly 700 home care providers nationwide, representing more than $1.6 billion in annual revenues. The high turnover rate lead many of them to turn away new clients because they lack enough caregivers. The most common reasons cited for turnover included the pursuit or availability of different (better) work hours, better management, and new clients. Money also plays a key role in home health caregiver turnover. To lower turnover rates, companies are using innovations such as specialized training programs that include a career ladder, better onboarding processes, and broader training opportunities related to Alzheimer’s disease and other issues. Read the full article.
