Published
Im trying to research the costs of hiring a new grad. Can anyone shoot me some anonymous numbers of what you have heard the cost to train a new grad is at your facility? I've tried contacting local hospitals but this type of financial information seems to be either not on hand or deemed private.
I've heard 50,000 tossed around if you include the preceptor's salary, nurse education, and training classes...amongst other things.
And just for fun (read: not assignment related) what do you think about the cost? Has it always been this way? What do you think about the problem with new grads bailing after their two years is up? I can definitely understand why new grads are having difficulty acquiring jobs when we cost so much and have been found to be unreliable retention-wise in the past.
Thanks for the help if you can.
Jules A, MSN
8,864 Posts
Thank goodness I am not the only one shocked by this practice. I got 6 shifts worth of orientation as a new graduate and even less as a "seasoned" nurse. I have worked with incredible new graduates and interestingly enough from the same program a few that were horrid. Sadly when you work for a teaching hospital that requires a certain number of new graduates to be hired and apparently retained, I have heard the $50,000 price tag also, management does not seem to care how long it takes one to adjust...even if that is a year! They come off orientation after their six months and are technically part of the staffing pattern despite not being any where near ready to work on their own which creates a substantial burden on the rest of us. Sorry if this isn't politically correct and it doesn't apply to all new grads but gee if you aren't fairly proficient after 6 months...