What is keeping New Grads/less experienced Nurses from being hired and solutions? - page 5
by ceebeeRN 10,264 Views | 41 Comments
Im sure there is no simple answer to this question but people on here are quite insightful and I would Love to hear some of the responses. We all know that the job market is tough out there, especially for New Grads or those... Read More
- 1Mar 12, '12 by msn10The hospitals are not going to hire you even with a pay cut.
The biggest problem? New grads (less than 1 year experience) are too expensive because up until 2009, they had a 50% attrition rate. On average, that is anywhere from $50,000 to $80,000 in lost HR/orientation/residency/training and replacement costs.
Why do they leave? #1 reason is they do not like the organization or unit they work for. Manager/co-worker relationships biggest determinant of retention.