Nurses General Nursing
Published Mar 8, 2002
jagpedsrn
1 Post
I am doing a paper for my class on the cost of replacing a nurse that quits your area. does anyone have any ideas or links that I could get this info on. I have been searching the web but am not the handiest at using the web.
P_RN, ADN, RN
6,011 Posts
Considering that most orientation is done at full salary I believe that 6 weeks of salary would be the starting point. Add to that any extra classes that would be required for specialty areas.
The nurses who move on are usually at a higher salary than a new hire. So you'd need to discount the lost salary by the new hire salary.
Several years ago when I was precepting the "cost" of a lost new hire who had worked for 3 months was approximately $10,000.
http://www.ena.org/publications/Virtual-Connection/may01/CertRetention.htm
I found this site.
RNKitty
280 Posts
Wow. Imagine if they put that $10,000 into each employee as a retention incentive? Could be better pension, health care, more days off, ect...