Healthcare is one of the fastest growing industries in the world. It is a highy consumer based industry and over the past decade we have seen an enormous boom. The future of healthcare has great potential but it comes with a far greater challenge, that is healthcare staffing. Healthcare recruiting companies and RPOs play a major role in meeting the staffing demand in hospitals. The way these firms operate is greatly influenced by 3 major trends in healthcare. Let us break them down for you.
Present day staffing deficiency and projected numbers :
The industry is already facing a stiff staffing shortage right from the entry level positions to the highly skilled and leadership positions. By 2020 it is estimated that the US will face a shortage of nearly 2 million nursing professionals. The population is growing and 40% of the existing healthcare staff will be retiring in the next 5 years, the staffing shortage will surpass the projected numbers.
Retention of employees is as crucial as acquisition :
On one hand the healthcare recruiting teams work round the clock to hire the right candidates, the turnover rate is immensely high and widespread across all the verticals of healthcare. Hospitals are struggling to retain their existing employees for a longer time due to various reasons. Almost half of the staff in hospitals are replaced every 5 years. Shockingly enough, nearly 60% of the employees left their jobs because of frustration, immense work stress, long hours, lack of facilities and so on. There is a great need for hospitals to take note of these reasons and address them to the core of they want to ease the burden of healthcare staffing. Healthcare recruiting companies can help you hold onto the top talent.
The future of Healthcare recruitment will involve highly customised technology:
Healthcare companies can use all the help they can get to ease the mounting burden of staffing. Artificial Intelligence is slowly transforming the way recruiters are employing technology to scale up their recruitment techniques. Some softwares and apps are specifically designed to help recruiters find the right candidates in short time. HR leaders can leverage technology to analyse candidate data, automate various time consuming tasks and assess candidates more comprehensively to find the right hire. The best healthcare recruiting companies can capitalize on this trend in a better manner as they are more experienced in using new and powerful tools for healthcare recruiting. The y
only make recruiting easier but they use technology to make healthcare recruiting more cost-effective.
These key trends are expected to play a major role as healthcare recruiting is reinventing itself and evolving according the market demand.
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