According to a new survey, employee loyalty may be in short supply as workers seek benefits and a company culture that fit them. Just 27% of 2,000 respondents to a recent survey (US and Canadian employees) said that they have no interest in changing jobs. Thirty-seven percent (37%) of respondents said they are either casually or actively seeking new employment. An additional 36% said that they’re not currently job hunting but would consider a new position if presented with an opportunity. … [Read more...] about Employees Ponder: Should I Stay or Should I Go?
Trends in the Industry
Is the West the next big frontier for post-acute care? Business is booming for long-term and post-acute care communities in western states, a region that saw a significant jump in care sites compared to all other U.S. regions. … [Read more...] about The West is Wild for LTPAC Growth
There’s a big disconnect between what drives executive technology decisions and how employees experience that technology on the job. The C-suite often sees things differently from other employees, especially when it comes to the way employees experience workplace technology, notes the latest PwC Consumer Intelligence Series report, “Our Status with Tech at Work: It’s Complicated.” While 90% of executives believe they base technology decisions on the needs of their workforces, only about half (53%) of workers say the same, states the report, which surveyed more than 12,200 full-time employees. … [Read more...] about Execs and Employees Disagree on Status of Technology at Work, PwC Study Says
Can we fix the home health sector with better recruitment and training? PHI, a national research organization that serves as a leading expert on the health direct-care workforce, has teamed up with several Wisconsin providers to transform the quality of home healthcare in the state. During the two-year project, the organization is working with Community Living Alliance and Lori Knapp Companies to create new training and professional development programs for the state’s home healthcare workers. The initiative to elevate the role of the aide includes retooled recruitment and retention strategies, enhanced entry-level training, coaching/mentoring programs and advancement pathways. “Wisconsin is facing what many other states are facing—a surge in the number of older residents without a sufficient or stable workforce to support them,” noted PHI President Jodi Sturgeon in a [Read more...] about PHI Launches Home Care Recruitment Pilot in Wisconsin
Companies could have wider benefits to offer employees in the future as legislators ramp up efforts to add home health services to health savings accounts (HSAs). Congress may be adding a new option for employees who choose to support a health savings account (HSA) within their benefits plan. The Homecare for Seniors Act (H.R. 6813) proposes to allow HSA funds to be used tax-free to cover qualified, contracted home health services as well as medical care. In order to be considered qualified, the home care service would need to contract three or more activities of daily living: assistance with eating, toileting, mobility, bathing, dressing, maintaining continence or taking medications correctly. … [Read more...] about HSAs and Home Health Care
As boomers retire, will millennials fill the workforce gaps? The aging of baby boomers has many implications for the long-term and post-acute care (LTPAC) industry, especially as communities witness more retirements among their senior clinical administrators and experienced nurses. As competition for quality employees heats up, the good news comes from a surprising source: millennials, who are embracing nursing careers in large numbers. But employers who want to position themselves to attract this demographic may find that a retooling of their recruitment outreach and communication strategies is in order. Numbers Tell the Story Millennials (generally born between 1981 and 1996, although definitions vary) are showing a strong attraction to nursing, a profession that had experienced dramatic recruitment struggles just a decade earlier. Researchers behind [Read more...] about Help Wanted: Millennials
What’s it going to take to acquire and keep the best talent in the LTPAC sector? Human capital professionals in long-term and post-acute care have a double-barreled challenge: Workforce shortages and shockingly high turnover rates. Staying ahead of the curve in LTPAC HR trends can make all the difference in getting talented employees to accept your job offers and developing those hires into a quality-focused workforce that will stay onboard.
- Competition for the Best Talent
Now that you’ve hired the perfect employees, is educational advancement the way to keep them? HR teams know that recruiting the best employees is only half the equation. Keeping good employees from moving on to a competitor is the other part. The long-term and post-acute care (LTPAC) market is currently in an era of staff shortages, especially for experienced staff who have the specialized skills your organization needs. Experts agree that the latest trend in retention is to offer employees further education benefits. … [Read more...] about Education for Retention
4 ways operators can overcome workforce challenges The new longevity economy includes a robust range of environments and services meant to attract residents well before skilled nursing care is needed. But are long-term and post-acute care (LTPAC) providers paying equally diligent attention to acquiring and cultivating the workforce needed to successfully operate those new models and do more than merely survive as businesses? … [Read more...] about Workforce Woes